tldr;

JUP should trade between 0.5 - 0.75 as a floor

anything below should be swept and above should see reversion

BUT it does not take into consideration many other factors like sentiments and growth factors

https://x.com/bill_papas_12/status/1751824964989206791?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

a great piece on why people live from paycheck to paycheck

would recommend taking some time to read

#reads

https://x.com/tyrogued/status/1751865629035082177?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

very very rough late night thoughts on JUP

- i think the market sends this to $1 even if its just a wick
- claimants (that matter) are sol OGs, leaving the new manlets created in the recent months sidelined
- selling pressure from sol OGs will be absorbed by the new manlets wanting a part of this
- $wen gave traders great expectations of pa because its the rehearsal for $jup
- $wen's pa will not be an accurate representation because the eligibility for airdrop was on the floor (almost everyone got it)
- $jup's claimants will be a fraction of $wen with at least 1/3 not claiming (left the space, lost wallet keys, etc.)
- 0.5 - 0.75 floor for jup
- timeline giving me Jito vibes with people calling for $2-$3?? moonboys were calling $5-$8 for JTO but it topped at $4
- if jup plays out like jto, then we'll at least see $1 before reversion to 0.5
- "FDV is a meme, look at circulating" is what is being pushed around rn

current plan is to bid tge and bid even more aggressively below 0.5 with a target of $1

alternatively, you can trade shitcoins for higher beta, banking on the wealth effect of jup into the ecosystem

if i were you, i'd only focus on the top few shitcoin leaders

even if rotation doesn't happen, participants thinking it'll happen will make it happen

you should be minimally up 2x on all three shitcoins rn if you entered

happy meme-ing!

bought this privacy token $whirl that just launched around 1.9m

touted to be a privacy multichain solution to swapping, dispersing, and whatnot

i like privacy so i just aped on 5/5

idrk the presale terms, so i adjusted my sizing in this slightly

Dexscreener
Twitter

Sui has seen higher volume than Solana in the past 7 days

Scallop's Phase 2 is about to end soon

I've started removing some farms and rotating to Aftermath/Navi, but still deciding on how to split my farms

will share more after I've implemented

The promise and challenges of crypto + AI applications

https://vitalik.eth.limo/general/2024/01/30/cryptoai.html

okay here's what i did

#airdrop sui

Navi:
Sui -> Volo for vSUI (similar to JitoSOL)
vSUI -> Navi (looped twice)
USDC -> Navi (looped thrice)

Aftermath:
Sui -> Aftermath for afSUI
afSUI -> afSUI/SUI LP on Aftermath

will let it cook and surprise me with an airdrop in the next months

looks like nodemonkes has found its floor around 0.16 to 0.17 btc

hope i don't jinx it

higher soon