heat retweeted
aped solana:GM8EysYT8NRSsoULdeYShbRsUdhoUoiB9EN4eW3YETCH again. really undervalued + oversold here imo, even though they still need a breakout runner.
the original idea was simple:
bitcoin runes had the narrative, but never the trading experience.
~10 min blocks, slow execution, fragmented liquidity and shit UX compared to solana.
etchy is trying to fix that.
bitcoin-native assets. solana-speed execution.
launch a coin and an actual rune gets etched on bitcoin while trading opens almost instantly on solana through a BTC-denominated bonding curve.
bridge mode backs every solana token 1:1 with real bitcoin runes, redeemable across both chains.
zero mode takes it further: runes sit in a bitcoin vault and trade through etchy without the wrapped-token model.
~1 second trading. real bitcoin assets. 1:1 redemption.
but here’s where things get more interesting.
lightning is now live.
deposit and withdraw BTC in seconds instead of waiting for bitcoin blocks.
add BTC → trade runes → cash out.
simple. another massive friction point gone.
tokenomics just got significantly more aggressive too.
50% of platform fees are now intended for $ETCHY buybacks + burns, up from 25%.
the flywheel is pretty straightforward:
more launches → more volume → more fees → more buybacks → more burns.
and there’s another mechanism people are sleeping on.
creators can distribute trading fees directly to holders across BOTH chains.
solana holders receive WBTC.
bitcoin rune holders receive BTC.
automatically. nothing to claim.
one ecosystem, two chains, both sides rewarded.
and now they’re putting 0.25 BTC on the table for builders.
first dev to launch a custom-name rune, push it to $1M MC and hold it there for 48h wins the bounty.
bridge or zero mode.
smart move imo because it directly targets what etchy still needs:
a breakout launch.
and that’s the biggest risk here.
infrastructure means nothing without actual demand.
etchy already has:
bitcoin-native runes + 1:1 bridging
solana-speed execution
lightning deposits/withdrawals
bridge + zero mode
custom trading pairs
BTC/WBTC holder rewards
50% fee allocation to buybacks + burns
100+ runes listed on the platform
yet $ETCHY is still sitting in microcap territory.
meanwhile, we’ve seen generic launchpads reach tens or hundreds of millions just by catching distribution at the right time.
etchy isn’t another “pump.fun with different colors.”
it’s trying to solve the structural reason bitcoin runes never became as tradeable as solana memes.
and custom pairs could eventually take this beyond memecoins, allowing runes to trade against other tokenized assets while remaining redeemable on bitcoin.
obviously, none of this guarantees adoption.
what i’m watching now is whether launches actually graduate, meaningful liquidity develops and volume persists beyond the initial hype.
but that’s exactly why i enjoy researching this shit before everyone starts paying attention.
the infrastructure is there.
the tokenomics are getting stronger.
the UX keeps improving.
and they’re literally incentivizing builders to create the first $1M winner.
bitcoin runes never had a proper trenches experience.
etchy is trying to give them one.
still tiny. still experimental. still needs adoption.
but if rune season ever gets a second life, infrastructure like this is where i’d want exposure before the crowd realizes what changed.
imo the risk/reward down here is fucking interesting.
$ETCHY 🟠
i genuinely think people are sleeping on what solana:GM8EysYT8NRSsoULdeYShbRsUdhoUoiB9EN4eW3YETCH is building.
spent some time digging into the docs, and this is way more interesting than your average launchpad.
think about it.
bitcoin runes were supposed to bring an entire memecoin ecosystem to BTC, but there was always one massive problem.
bitcoin wasn’t built for degen trading.
~10 minute blocks, expensive transactions during congestion, slow execution and a pretty awful experience compared to solana.
now imagine combining the best of both worlds.
bitcoin runes + solana speed.
that’s exactly what etchy is building.
you launch a token, it starts trading on solana almost immediately through a BTC-denominated bonding curve, and an actual rune gets etched on bitcoin.
once the bridge is live, those tokens can move 1:1 between solana and bitcoin.
real bitcoin-native assets with a trading experience that actually makes sense for the trenches.
and here’s where things get even more interesting.
etchy supports custom trading pairs, opening the door to runes being paired with tokenized stocks and other assets while remaining redeemable as real runes on bitcoin.
think about the possibilities here.
we’ve watched launchpads on random chains reach nine-figure valuations without introducing anything particularly innovative.
meanwhile, etchy is tackling one of the biggest UX problems that held back the entire runes narrative.
and there’s actual tokenomics behind $ETCHY too, with platform fees intended to fund buybacks and burns.
this is the kind of infrastructure that could give rune season a genuine second chance.
obviously, adoption and liquidity still need to follow. nobody is handing out a successful ecosystem for free.
but projects like this are exactly what i love researching during low-liquidity market conditions.
real problems. real infrastructure. genuine differentiation.
prodigy’s vision makes a lot of sense to me so far.
you’re not just betting on another launchpad. you’re betting on bitcoin-native memecoins finally getting the trading experience they were missing.
bitcoin assets. solana execution.
the potential here is way bigger than people realize imo. etchy at this mc is a must to play lol.
$ETCHY 🟠
heat retweeted
absolutely a fking gem. insane r/r.
DD TL;DR:
1. they’re basically bringing bitcoin runes to solana, so you can trade actual bitcoin-native assets at solana speed instead of waiting ~10 mins for BTC blocks.
2. they have bridge + zero mode. you can trade runes across both chains with 1:1 backing or directly through bitcoin vaults without wrapping.
3. lightning is already live, meaning you can deposit and withdraw BTC in seconds. pretty huge for UX imo.
4. 50% of platform fees go toward $ETCHY buybacks + burns. creators can also distribute trading fees directly to holders in BTC/WBTC.
5. here’s the interesting part: they’re literally offering 0.25 BTC to the first dev who launches a custom-name rune on etchy, takes it above $1M MC and holds it there for 48h.
100+ runes already listed and still sitting at microcap levels.
obviously they still need a proper runner to bring volume and attention, but that’s exactly what they’re trying to incentivize.
imo pretty interesting risk/reward if they manage to attract real adoption.
aped solana:GM8EysYT8NRSsoULdeYShbRsUdhoUoiB9EN4eW3YETCH again. really undervalued + oversold here imo, even though they still need a breakout runner.
the original idea was simple:
bitcoin runes had the narrative, but never the trading experience.
~10 min blocks, slow execution, fragmented liquidity and shit UX compared to solana.
etchy is trying to fix that.
bitcoin-native assets. solana-speed execution.
launch a coin and an actual rune gets etched on bitcoin while trading opens almost instantly on solana through a BTC-denominated bonding curve.
bridge mode backs every solana token 1:1 with real bitcoin runes, redeemable across both chains.
zero mode takes it further: runes sit in a bitcoin vault and trade through etchy without the wrapped-token model.
~1 second trading. real bitcoin assets. 1:1 redemption.
but here’s where things get more interesting.
lightning is now live.
deposit and withdraw BTC in seconds instead of waiting for bitcoin blocks.
add BTC → trade runes → cash out.
simple. another massive friction point gone.
tokenomics just got significantly more aggressive too.
50% of platform fees are now intended for $ETCHY buybacks + burns, up from 25%.
the flywheel is pretty straightforward:
more launches → more volume → more fees → more buybacks → more burns.
and there’s another mechanism people are sleeping on.
creators can distribute trading fees directly to holders across BOTH chains.
solana holders receive WBTC.
bitcoin rune holders receive BTC.
automatically. nothing to claim.
one ecosystem, two chains, both sides rewarded.
and now they’re putting 0.25 BTC on the table for builders.
first dev to launch a custom-name rune, push it to $1M MC and hold it there for 48h wins the bounty.
bridge or zero mode.
smart move imo because it directly targets what etchy still needs:
a breakout launch.
and that’s the biggest risk here.
infrastructure means nothing without actual demand.
etchy already has:
bitcoin-native runes + 1:1 bridging
solana-speed execution
lightning deposits/withdrawals
bridge + zero mode
custom trading pairs
BTC/WBTC holder rewards
50% fee allocation to buybacks + burns
100+ runes listed on the platform
yet $ETCHY is still sitting in microcap territory.
meanwhile, we’ve seen generic launchpads reach tens or hundreds of millions just by catching distribution at the right time.
etchy isn’t another “pump.fun with different colors.”
it’s trying to solve the structural reason bitcoin runes never became as tradeable as solana memes.
and custom pairs could eventually take this beyond memecoins, allowing runes to trade against other tokenized assets while remaining redeemable on bitcoin.
obviously, none of this guarantees adoption.
what i’m watching now is whether launches actually graduate, meaningful liquidity develops and volume persists beyond the initial hype.
but that’s exactly why i enjoy researching this shit before everyone starts paying attention.
the infrastructure is there.
the tokenomics are getting stronger.
the UX keeps improving.
and they’re literally incentivizing builders to create the first $1M winner.
bitcoin runes never had a proper trenches experience.
etchy is trying to give them one.
still tiny. still experimental. still needs adoption.
but if rune season ever gets a second life, infrastructure like this is where i’d want exposure before the crowd realizes what changed.
imo the risk/reward down here is fucking interesting.
$ETCHY 🟠
i genuinely think people are sleeping on what solana:GM8EysYT8NRSsoULdeYShbRsUdhoUoiB9EN4eW3YETCH is building.
spent some time digging into the docs, and this is way more interesting than your average launchpad.
think about it.
bitcoin runes were supposed to bring an entire memecoin ecosystem to BTC, but there was always one massive problem.
bitcoin wasn’t built for degen trading.
~10 minute blocks, expensive transactions during congestion, slow execution and a pretty awful experience compared to solana.
now imagine combining the best of both worlds.
bitcoin runes + solana speed.
that’s exactly what etchy is building.
you launch a token, it starts trading on solana almost immediately through a BTC-denominated bonding curve, and an actual rune gets etched on bitcoin.
once the bridge is live, those tokens can move 1:1 between solana and bitcoin.
real bitcoin-native assets with a trading experience that actually makes sense for the trenches.
and here’s where things get even more interesting.
etchy supports custom trading pairs, opening the door to runes being paired with tokenized stocks and other assets while remaining redeemable as real runes on bitcoin.
think about the possibilities here.
we’ve watched launchpads on random chains reach nine-figure valuations without introducing anything particularly innovative.
meanwhile, etchy is tackling one of the biggest UX problems that held back the entire runes narrative.
and there’s actual tokenomics behind $ETCHY too, with platform fees intended to fund buybacks and burns.
this is the kind of infrastructure that could give rune season a genuine second chance.
obviously, adoption and liquidity still need to follow. nobody is handing out a successful ecosystem for free.
but projects like this are exactly what i love researching during low-liquidity market conditions.
real problems. real infrastructure. genuine differentiation.
prodigy’s vision makes a lot of sense to me so far.
you’re not just betting on another launchpad. you’re betting on bitcoin-native memecoins finally getting the trading experience they were missing.
bitcoin assets. solana execution.
the potential here is way bigger than people realize imo. etchy at this mc is a must to play lol.
$ETCHY 🟠
absolutely a fking gem. insane r/r.
DD TL;DR:
1. they’re basically bringing bitcoin runes to solana, so you can trade actual bitcoin-native assets at solana speed instead of waiting ~10 mins for BTC blocks.
2. they have bridge + zero mode. you can trade runes across both chains with 1:1 backing or directly through bitcoin vaults without wrapping.
3. lightning is already live, meaning you can deposit and withdraw BTC in seconds. pretty huge for UX imo.
4. 50% of platform fees go toward $ETCHY buybacks + burns. creators can also distribute trading fees directly to holders in BTC/WBTC.
5. here’s the interesting part: they’re literally offering 0.25 BTC to the first dev who launches a custom-name rune on etchy, takes it above $1M MC and holds it there for 48h.
100+ runes already listed and still sitting at microcap levels.
obviously they still need a proper runner to bring volume and attention, but that’s exactly what they’re trying to incentivize.
imo pretty interesting risk/reward if they manage to attract real adoption.
heat retweeted
why tf would you put $100K+ into a useless memecoin when you could put that money into REAL UTILITY with actual revenue and adoption?
even utility is getting absolutely RAPED right now, but at least there’s a real business behind it. good plays will recover hard.
memes depend almost entirely on hype. once that hype dies, what the fuck are you holding?
holding memes in this market must be hell rn….
heat retweeted
web perps live on @fomo
now u can trade all of ur favorite crypto assets, stocks, commodities and more directly on web!
one step closer to becoming the best place to speculate on every major market in the world.
fomo perps is now on web.
Since launching perps on mobile in June, 52,000+ traders have traded over $7.2B in volume.
Trade all 290+ markets from one account, on any screen.
heat retweeted
Something about $MASK sitting at a $30M market cap right now makes absolutely ZERO sense to me.
Let me put this into perspective.
October 5-6: $MASK was at $30M MC with just $11-$13M in total protocol volume and ~$56-66K in fees.
Today: STILL $30M MC.
Except now NullMask has processed $79.1 MILLION in volume and generated $396,600 in fees.
That’s roughly 7X the cumulative volume and fees compared to October 5. Volume, revenue, usage Is making new ATHs daily.
The protocol is growing. Usage is accelerating. Revenue is climbing.
Yet the token is trading at the SAME valuation it was when the protocol was doing a fraction of what it is today.
There Is undoubtedly a massive disconnect between the price and the fundamentals.
DAILY VOLUME/FEE COMPARISON
Last time $MASK was trading at a $30M market cap, NullMask was processing roughly $2M in daily volume and generating $10K in daily fees.
Today, at the SAME $30M valuation, it's processing nearly $6M daily and generating $29K in fees.
Nearly 3X the daily activity. Same market cap.
Make that make sense.
$MASK
heat retweeted
$USELESS is now on NullMask. 🟢
The most useless coin on Solana just got one use: privacy. @theuselesscoin
Deposit, hold a private balance, send privately and withdraw.
Shield your $USELESS:
sol.nullmask.io
heat retweeted
Beautiful things of dips is it gives entries to people who see the vision and were waiting.
I've been holding solana:HuAXPyDWDaMYFKuwQHpqL1oPnj93zdzWmtvFGzCeCUa7 since launch and every time I open the dashboard the numbers are higher.
Since Oct 1 NullMask has done $77.8M in volume (it was $45.5M less than a week ago lol), $1.2M in revenue, $1.8M in ZEC paid out to holders and 2.53% of the supply is already burned.
Chart will bottom between here and $27M, flip old resistance into support and next leg takes us probably to over $100M.
No brainer.
people are focusing way too much on solana:HuAXPyDWDaMYFKuwQHpqL1oPnj93zdzWmtvFGzCeCUa7 pa while the actual protocol keeps getting stronger.
just look at the last 48h:
oct 22: $5.1m volume / $25.3k fees
oct 23: $5.5m volume / $27.6k fees
cumulative: $74.2m volume + $372.1k fees.
usage and revenue keep growing while btc and the entire market are getting hammered.
and now solana is LIVE.
ethereum, base, bnb, robinhood chain and solana.
5 chains. same thesis. make the wallet you already use private.
more assets → more users → more volume → more fees.
$5.5m daily protocol volume against roughly $24m - $25m circulating mc. obviously different metrics, but the scale of actual usage relative to valuation is worth paying attention to.
defillama also shows ~$1.1m in 30d fees/revenue for nullmask under its methodology, compared to ~$370k for railgun.
and nullmask has only been properly live for weeks.
meanwhile, the roadmap is far from finished:
sdk integrations → turning nullmask into privacy infrastructure for wallets and dapps.
private perps → an entirely new recurring use case for traders.
direct zec withdrawals → deeper integration with the zcash ecosystem.
more chains, assets and wallet integrations.
gate wallet is already integrated, and metamask talks have been mentioned.
the endgame isn’t everyone using the nullmask app. it’s other products integrating nullmask as their privacy layer.
that’s a completely different scale.
while people panic over 4h candles, the team keeps shipping and the fundamentals keep improving.
i didn’t spend weeks researching this just to rotate into some random pumpfun meme because the market is red.
pa changes every hour. the thesis changes when fundamentals change.
and right now, fundamentals are moving in the opposite direction of the fear.
more chains. more volume. more fees. more integrations. more product.
solana is live and imo we’re still at the beginning.
comfy hodl. $MASK
sources:
defillama.com/protocols/priv…
app.nullmask.io/analytics
heat retweeted
$ANSEM is now on NullMask. 🟢
One of Solana's loudest memes, now with a private mode. @BlackBullSol
Deposit, hold a private balance, send privately and withdraw.
Shield your $ANSEM:
sol.nullmask.io
