Perps are making crypto great again

$NEAR went from $0.84 in February to $6 in October, gaining 613% in 8 months It has now pulled back to around $4, where buyers are trying to hold the price, while the 100 day average is still moving up at $3.23. https://t.co/KflM4b4aGq

$ZEC daily Lows: → $1,048 → $1,117 → $1,176 Highs: → $1,379 → $1,396 Higher lows into flat resistance. Ascending triangle. Break $1,396 and the measured move is ~$1,744. ATH is $1,695.

Finally get why $VVV did +1,293% in a year: It's 3 narratives in one token: - Venice passed $100M annualized revenue - Privacy as the same trend pushing $ZEC - $5 of every $100 spent on API credits buys and burns VVV

Sectors that held up best this month: 1/ Privacy $ZEC leads, now a top 10 coin ($21B). $XMR is 32% above its 200 day EMA. 2/ Hyperliquid HIP-3 stock perps at $4.2B open interest. The NYSE owner is now involved. 3/ NEAR $NEAR +186% this year and still above the 200 day EMA after a 35% pullback.

🧵 Study Hyperliquid: 1/ Jeff Yan: Harvard, then trading at Hudson River Trading 2/ Chameleon Trading: crypto market making 3/ 2023: builds its own chain just for perps 4/ Nov 2024: 31% of $HYPE goes to users. 5/ 2026: $14.9B open interest, $4.2B of it in stock, gold and oil perps 6/ Oct 29: ICE backs Trade[XYZ] to bring Hyperliquid markets to the US 7/ $HYPE: opened ~$2 and today: $87.5

$NEAR went from $1.54 to $6 in two months, then pulled back to $3.90 if it closes above $4.78 on the daily chart It could signal another move up. https://t.co/WTjQfvCbC2

$HYPE since August: Aug 2: $51 (higher low) Sep 23: $98 (ATH) Oct 24: $74 (higher low) Nov 1: $87.8 Above the 50D MA ($85.4) Above the 100D MA ($77.0) Every dip in this trend has been bought.

Nigeria is #1 in the world for people paying each other in crypto. 🇳🇬 Also #1 for crypto crossing its borders. 🇳🇬 And 96% of that person to person activity worldwide is stablecoins. 🇳🇬 Mass Adoption is Happening. https://t.co/NnUnPL9oKP

> Study "Mashinsky" > Focused founder, big talker > launches celsius in 2017 > "banks are not your friends" > pays up to 18% on your crypto > wears a "banks are not your friends" t shirt on live streams > takes in billions of user deposits > secretly makes risky bets with them > june 2022 freezes all withdrawals > 1.7M users locked out > bankrupt a month later > 2025 sentenced to 12 years > turned out he was the bank > and he wasn't your friend either > story is over