Wanted to expand on the graduation point from my last Elys post imo tokens launched on @Enter_Elysium have a shot at the full HL lifecycle: onchain → HL spot → HL perps e.g. on RH chain most protocols want to get listed on the RH app as a form of validation. On Elys tho, the next step up is HL itself. huge distro perk for builders rn most of the launches are happening on @MontraXYZ as with every new chain, the first and fiercest battleground is... you guessed it, the launchpads lol using data from elysa terminal: > ~65% of launchpad volume in the last hr, ~62% over 24h (vs ~27% all time, so flow is rotating in) > ~66% of new tokens in the last hr, 11K of 18.6K in the last 24h > $EACCAT is the biggest trending token at ~$4.4M on Montra, followed by $BLOB at ~$2.7M on Elyspump and $CHAMELEON at ~$2.2M on Montra > 3 of the top 5 trending are Montra launches > ~20 launchpads on the chain rn and Montra is doing ~2/3 of the flow before mainnet goes live Nov 9 will be interesting to see if they can hold the lead going into mainnet, but the flow dominance so far (volume traded, tokens launched, highest mcap coins) is a strong start anw tech wise, the pad has one uni v4 pool per token, no migration + fee sits in the pool not the token. protocol cut buys back $MONTRA via the kinetiq:native pair, so it depends on volume holding up after TGE (the rev buybacks and xRev narrative here will be one to watch again) interesting spot to consider from the Elys onchain -> HL spot/perps lifecycle narrative, and imo the tokens with the best narratives will stand the best chance at doing so (i.e. $CASHCAT listing on RH few weeks into chain going live)

um... DXY (1st chart) looking to try break the upper range + VIX (2nd chart) now closing above the 22 range i highlighted in below post not looking too hot atm, unless there is some sort of fed / usg pivot soon both charts are atm pointing higher, and higher here = not good

$orbio model usage metrics still up and to the right, usage isnt slowing down revenue numbers will make a comeback once more trading volume returns and then users will reprice the token based on revenue moving higher i still believe at these levels orbio is very attractive

Keep seeing folks say crypto is "just gambling" Yeah it is lol. But so is everything else, sooner we acknowledge it the better > 500k / 2M mcap coin is a gamble, that's also why the r/r is so skewed > 50M / 200M mcap is also a gamble, just lower risk Earnings call is a gamble that whatever gets said isn't priced in yet, or better, that ur a better judge than the market Technicals? A gamble that the algos that have been selling get squashed by the buy algos math Gambling is basically just how you express your view on probabilities and everything in life is probabilistic Odds of you taking a step out of your house and Satoshi is waiting outside for you to hand you his keys? Low, but not impossible That's why you do the research, not to stop gambling but to make ur odds better Tldr life is a gamble, and you size accordingly