already in a 3x short position at Hyperliquid.

I want to take a second and set proper expectations around the new @xeetdotai InfoFi revealed many things about the crypto industry, TGE's, and the value of creators. Needless to say, I think all of the parties involved left with a general distrust of each other. Many projects paid good money, for minimal results, and then got fudded relentlessly if their token price did not go up. Many creators got screwed by projects that delayed TGE's, changed the terms of the deal, or just ghosted everyone. This was never sustainable.. and we said that from the very beginning. How will the "new" Xeet be different? 1⃣ We are not rewarding people to post. We are rewarding creators and their squads for results that can be measured OUTSIDE of X. 2⃣ We are not scoring your posts. In fact, if you can get results without posting on X at all ... why should anyone care? Maybe you have a TG group, a Youtube channel, etc.... all the better. 3⃣ Only Xeet Certified creators and their card holders can participate. 4⃣ On chain results are not just multipliers... they are the only thing that is being measured. Will a results first marketing platform work? We are about to find out.

MegaETH points distribution, airdrop pronostic Based on the top 500 wallets, roughly 10M points appear to have been distributed. At a $0.1 per point valuation, that implies a ~$1M airdrop to the top 500. I'm ignoring the rest of the wallets, the long tail's impact looks negligible, and it'll likely be partially offset anyway by points/wallets the team removes from AFK/inactive accounts. 1/ Context on the numbers: MegaETH currently sits at a ~$440M market cap. The original plan was to distribute 2.5% of supply across multiple seasons. At a ~$400M FDV, that's roughly $10M in airdrop value. Since the program was cut short well before its intended runtime, I think it's reasonable to expect them to cut the allocation down to ~10% of the initially planned distribution. 2/ My scenarios (per point): Bear: $0.05 → ~$500k airdrop. That's ~20x less than what the full terminal points program would have paid out. Max fud on the timeline. Base case: $0.1 → ~$1M airdrop. This is my central expectation. Bull: $0.15/0,2 → ~$1.5M/2M airdrop. I'd consider the team as generous. Above is pure hopium.

ok so after 3 years of building community, today MegaETH decided to shut down its Discord. meanwhile: > no free airdrop for role holders > no future benefit plan announced > no rewards for long-term community contributors feel bad for everyone who spent years grinding roles, hosting events and supporting the community. $MEGA keeps dumping to hell, so sorry to people who staked this tokens 1 L for farmoors again 😭

I would never touch this trash tbh This project which I thought was goated with a very strong team turned into a pure grift to their own community

Fun fact. BunnyButton just rugged. Discord/X deleted. Raised Money moved to Solana

It's just mismanaged expectations, which are downstream of a shifting ecosystem and value accrual landscape. To date, what we've done is a healthy mix of tried and net-new mechanisms. New: - Our own accelerator for app building on a chain that didn't exist yet - How we approached raising (from everyday users) - Opinionated tech that is (still) well-beyond the performance landscape of the entire crypto ecosystem and offers novel mechanisms (native oracle) - Day 0 native stablecoin for value capture Old: - Terminal / Points program - Broad ecosystem support (even if lower than more-mature and well-capitalized ecos) A lot of the items from the "New" category was because we saw the change in tides for infrastructure coming, and aimed to get in front of it. The stuff in the "Old" category were attempts to preserve what has worked in the past. With Terminal shutdown, we're acknowledging that crypto as it was, and the playbooks that come with it, don't fit in 2026 unless you're as-well capitalized as those same infra projects from the 2021 vintage. Even then; the outcome of spending all of that time and energy while competing with massively capitalized and mature competitors is a an ecosystem with very little value capture for itself. So we adjust, reflect, and enter the next era of Mega. That does not mean crypto users are bad, or CT is extractive, etc, etc - it's just an acceptance that the path where we deviated from net-new outcomes and Mega value capture left too much out of our direct hands and we didn't like where that ended up. The numbers didn't make sense for us or our users. Going forward we intend to have a more-focused approach on where we direct our time and energy, which includes focusing that time and energy on ourselves and what we can bring to market. Some people are going to disagree with that (app teams included). That is fine. If what we were doing was consensus I'd be worried. All of the decisions being made is because we see where crypto is headed and are in the unique position as a young ecosystem to fully embrace and mold towards it. We do that because we want to win.

A lot of things to say here I think MegaETH team made a lot of mistakes No apps quit a chain with this much potential like that, and yeah, they lost one of the apps with the most potential imho From the discussions I've had, I think MegaETH is aware of its weaknesses and some of the bad decisions they made recently and are actively working on them I'm very bullish on what @hellotradeapp is building tho wherever they decide to settle, it doesn't really matter, and @kevtanggg has been one of the most involved founders in the MegaETH community I'm not gonna lie, this is a tough moment, it's disappointing for a lot of us But I believe both Mega and HelloTrade will be fine

Crypto projects are stuck in a state of victimhood Treating every user like an adversary If they can extract attention they will extract attention with low-effort & misleading campaigns Then expect loyalty after launching a token and vanishing Raise the bar or fade away

HelloTrade is moving to @monad. We remain focused on our mission to make global capital markets more accessible to everyone around the world. We’re excited to build alongside the Monad team, who share our vision of bringing this future to life at global scale. Stay tuned for further updates as we continue progressing through Alpha testing.

HelloTrade is moving to @monad. We remain focused on our mission to make global capital markets more accessible to everyone around the world. We’re excited to build alongside the Monad team, who share our vision of bringing this future to life at global scale. Stay tuned for further updates as we continue progressing through Alpha testing.