Row 37245

Row ID: 37245 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 37245 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Well, during the bear, a lot of ppl’s narratives were about dumping crypto on Wall Street, boomers, pension funds etc to exit strong in fiat. Most have no interest in the tech.

The saddest part is, a lot of funding have gravitated towards building projects with no long term sustainability but optimize for maximum liquidity extraction within the four year cycle. This is why all the focus has been on extracting liquidity from airdrop farming.

Think the first big one was the Jump funded Metaverse project from South Korea. They said team airdropped huge money to holders to kickstart a creator economy. In the end, most just exited and the chart look absolutely decimated lol. Worst of all, ppl were bragging about the easy money on CT - no one was posting their “creative content”.

When the predominant narrative is to PvP against newcomers and boomers, ETF is the biggest kick on it. You can see from a lot of CT ETH KOLers. All of a sudden they stopped talking about crypto vision and now they just gravitate to induce maximal FOMO to front run “boomers”.

Financially, I am happy the ETF got approved because I got some gains from buying in that dump down to $2.8K. But long term, I am bearish asf because it means we are just forever stuck in this PvP liquidity suck cycle.

FieldValue
text Well, during the bear, a lot of ppl’s narratives were about dumping crypto on Wall Street, boomers, pension funds etc to exit strong in fiat. Most have no interest in the tech. The saddest part is, a lot of funding have gravitated towards building projects with no long term sustainability but optimize for maximum liquidity extraction within the four year cycle. This is why all the focus has been on extracting liquidity from airdrop farming. Think the first big one was the Jump funded Metaver…
label r/ethereum
dataType comment
communityName r/ethereum
datetime 2024-05-21
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Raw Record

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  "text": "Well, during the bear, a lot of ppl’s narratives were about dumping crypto on Wall Street, boomers, pension funds etc to exit strong in fiat. Most have no interest in the tech. \n\nThe saddest part is, a lot of funding have gravitated towards building projects with no long term sustainability but optimize for maximum liquidity extraction within the four year cycle. This is why all the focus has been on extracting liquidity from airdrop farming. \n\nThink the first big one was the Jump funded Metaverse project from South Korea. They said team airdropped huge money to holders to kickstart a creator economy. In the end, most just exited and the chart look absolutely decimated lol. Worst of all, ppl were bragging about the easy money on CT - no one was posting their “creative content”. \n\nWhen the predominant narrative is to PvP against newcomers and boomers, ETF is the biggest kick on it. You can see from a lot of CT ETH KOLers. All of a sudden they stopped talking about crypto vision and now they just gravitate to induce maximal FOMO to front run “boomers”.\n\nFinancially, I am happy the ETF got approved because I got some gains from buying in that dump down to $2.8K. But long term, I am bearish asf because it means we are just forever stuck in this PvP liquidity suck cycle.",
  "label": "r/ethereum",
  "dataType": "comment",
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  "datetime": "2024-05-21",
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