Monolith

Market dumps with $1.5B liquidated. Trump’s statements keep moving the market—now pushing for tariffs on Mexico and Canada. Long term? This leads to a weaker dollar. At first, the dollar may rise, but if Mexico and Canada tax the U.S., trade could slow, hurting the dollar long term. And when the dollar weakens = crypto wins. Stay patient.

The biggest hack in crypto history. $1.4B in ETH was stolen from Bybit. Most will say: "How can we trust crypto now?" "Funds are not safe." But let’s look at it from another angle 🧵 a) The crypto industry’s response. The crypto space acted fast. Exchanges, teams, and the community worked together to contain the damage, showing the industry's resilience. b) Perfect Bybit crisis management. Despite the scale of the attack, withdrawals weren’t halted, and operations returned to normal within days. Their team handled communications professionally, even holding an AMA with Bybit CEO Ben Zhou just 30 minutes after the hack. c) ETH unexpected boost. The event brought massive attention to Ethereum. Instead of panic selling, buyers stepped in, reinforcing $ETH market strength. SO YES, it was a tough day for crypto. But the industry’s resilience shows why it’s here to stay.

Altseason has changed. It will never be the same again. 1) Alts volume is 2.7x higher than $BTC. 2) Solana saw the biggest outflows last week, while liquidity moved to $BNB & $ETH. 3) No clear BTC-to-alt rotation, but stablecoin holders are buying alts. $BTC dominance is no longer the key indicator—trading volume is. This is a selective alt-season, where only strong coins are winning.

Quick math on the $KAITO TGE: This project is pioneering a new model, but there's one token with a similar setup: $ARKM. Both are analytical platforms that help traders find new narratives and opportunities. Here’s a breakdown 🧵 1/ Similarities: Strong backing, real utility, and large user base. Both launched on Binance with 2% allocated to Binance pool. 2/ Key difference? $KAITO is riding the AI narrative hard, giving it way more mindshare than $ARKM had. Because of that, KAITO should trade at a 50%-100% premium. 3/ Valuation estimates: - ARKM’s TGE & current FDV = $700M - KAITO should be around $1B - $1.2B → $1.2 per token 4/ Price scenarios: Bear case: KAITO trades like ARKM → around $0.6 Bull case: ARKM hit $4 at peak → KAITO could reach around $8 Best entry price? Under $0.8 looks interesting. 6/ Tokenomics concern: Only 10% allocated to airdrop vs. expected 30% = some FUD. But less supply at TGE = less dumping. Could be a good thing. 7/ Final thoughts: KAITO is positioned well in AI + social trading. If momentum holds, it could outpace ARKM. What’s your take? Will KAITO outperform? 🤔

Hard time for $SOL = good time for $ETH.

Binance = MEXC? Binance listing process is garbage. Meme coins pump on DEX before dumping on CEX, often leaving retail investors in the red. Early buyers and insiders win, while regular users take the risk. Should major exchanges be more selective with meme listings? What’s next? CZ Dog Broccoli? 🤔

FTX repayments start next week. 1st Distribution: 18 Feb 2025  Claims < $50K: ~$1.2B (119%) Q2 2025: No date yet Claims > $50K: $17B+ (stages) Most FTX creditors plan to buy real assets, not crypto. Those wanting crypto likely sold their claims already. Payouts are based on BTC at $16K, so many may see current prices as too high to buy in.