"FOXY"

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What is FOXY?
Beginner

What is FOXY?

After Bitcoin (BTC) surged again due to Trump's presidency, another Trump-related meme culture exploded. This time, it’s not just Politifi—AI memes and the leading memes on various chains have brought about new wealth effects. As the leading Layer 2 (L2) chain, Linea has become a focal point for airdrop hunters. Will memes on Linea also experience a market surge?
12/6/2024, 2:46:39 PM
Memecoin TVL Pump Thesis
Intermediate

Memecoin TVL Pump Thesis

As the on-chain TVL increases, a certain percentage of funds will flow into specific applications or destinations on that chain. For example, X% will go into money markets, and Y% will flow into the premier decentralized exchange. The examples in the article clearly show: TVL inflows = major memecoin performance. If one can predict an increase in TVL, one could take a position in the premier memecoin on that chain as a leveraged bet on their TVL prediction. The short-term approach requires a more active focus on the market and where capital is likely to flow based on incentive programs.
7/16/2024, 10:44:56 AM

Đăng ký ngay với Gate để có góc nhìn mới về thế giới tiền điện tử

Đăng ký ngay với Gate để có góc nhìn mới về thế giới tiền điện tử