Multichain Journal

$wood getting absolutely destroyed, from 30m to 5m in some days with good news only. Looks super sus, either goated entry or something is off... Will just hold here and pray, don't like the market for any dcaing rn

https://x.com/0xMerp/status/2081081439991554392 This is exactly my take. The market is always risky AF, you can lose money very fast. For some degens it only takes one wrong click or decision to wipe out the port that has been build over months or years. So the most important thing is to learn risk management and to know when to wait. Boring stuff i know, but making and the harder part preserving the money isnt boring at all

I used to bridge to EVERY new chain in good markets. Right now i dont see a good r/r here, there is just not enough volume around. See you hopefully soon in a better market again

https://x.com/vladtenev/status/2080483725209649349 This led to a big $Wallet sell-off. "Robinhood has not issued any coins or tokens" The on-chain proof is still there, will be interesting to watch what will happen. This coin has a big r/r spread, either nothing happens ever or they deny it directly and it will go to 0 or at some point it will turn out as some ecosystem coin and it will do x100+ probably. So will still hold this and hope for the best, but wouldnt risk too much here

If the most interesting thing happening on the chain since some days is the hack of vlads twitter its a sign for me to not trade in the trenches. I know it maybe be boring to post these things instead of calling 10k coins and congratulating myself for an x2, but whoever lost his portfolio in low volume times knows the danger. I did it at some point, wont repeat these mistakes. Back to the waiting game i guess....

Holding only very few coins and not aping new launches for days may feel boring after 1y of SOL casino but the biggest lesson is you have to adapt. What worked last year wont work this time, this is why only very few degens make constantly money over multiple cycles. Still having to adapt to many things after a long break, so will take it slower here personally

Also some interesting things about wallet are happening https://x.com/aixbt_agent/status/2079611415300837859 All we need is some kind of hint or confirmation from the team, but all proofs and traces are there onchain that they have a bigger plan for $Wallet

Maybe some of you forget or never experienced a REAL bullmarket onchain. In the best solana days we had like 5-10 coins daily that went 0 to 10m+, even some of the very bad larps. I hope we will see similar times again soon, the market seems much better than the last months but the volume is still not enough to support many coins at once. So we see many rotations based on news and hype. Will watch closely what happens, but doesnt feel like the market where you cant to deploy bigger parts of your portfolio into it rn. Knowing when its time to go 24/7 and when to wait is a key ability not many degens learn

🟢 Sherwood Protocol [20.7M/56%] $WOOD 🔼 🌐 Robinhood @ Uniswap V2 🔥 #8 💰 USD: 0.021 💎 FDV: 20.7M ⇨ 20.7M (now!) 💦 Liq: 323K [x64] 📊 Vol: 924K ⋅ Age: 7d 📈 1H: 113K ⋅ 18.3% 🅑 117 Ⓢ 174 👥 TH: 0.5⋅0.4⋅0.4⋅0.4⋅0.4 [4%] 🤝 Total: 9.8K ⋅ avg 13w old 🌱 Fresh 1D: 68% ⋅ 7D: 74% 🍯 HP: OK 💹 Chart: DEX⋅DEF 🧰 More: 🎨 💪 🌍 🐦 [♺] 0xF8BC08092C06dB6148114DCf82AF881F1085f92b BSD⋅MAE⋅BLO⋅SGM⋅BAN BBW⋅GMG⋅AXI⋅EXP⋅TW 🏆 Dave998877 @ 11M⋅2x⋅7d 👀 3.5K   ↳ NEW: Click this emoji to view user stats in DMs

Wood breaking out after silent consolidation for some days

Market is still super slow for me, wont be playing around in the trenches and will still preserve my capital. But $WOOD seems to be a no brainer bet for me if RobinHood Chain is here to stay. Team is doxxed and has a proven record of 9 fig projects, they are hiring more big people in the space which will open doors. Volume is super low and nearly no tweets or shill from anybody, still its holding very stable around 15m MC. Only Longterm bet for me on RH for now with $Wallet. https://x.com/millyonchain/status/2079112426029756790

https://x.com/Doc_Peppier/status/2077939244585152823 Another very interesting read about $Wallet giving some new hints. $Wallet and $Wood is all i am in for now beside some very small side gambles.

Okay didnt took long for brian to fuck it up again. Hope u didnt lost money over there Back to RH i guess

Interesting new things happening now at base. for now i dont think it will last, but making funds ready is an easy thing you can do to prepare yourself if a small season starts over there. For now its basically $BRIAN + some small tweets, but all the infrastructure and everything else is done on base. So personally i will stay invested in the RH coins i mentioned lime $WOOD and watch what will happen on base. Also Brian had like 1 year time to confirm $RUSSELL and generate a 1b+ mooner but he didnt do anything, now it feels so forced. But i would be happy to be wrong and have actions on 2 chains

But I will use this in my advantage and will go back researching and digging, a skill that nobody develops anymore because on SOL you needed to buy 10 pfp coins instantly after any news...

Asking a third world customer support guy about a potential high degen insider stealth coin.... Years of SOL really didnt help the space with judging or researching, hell even reading doesnt work anymore. Yesterday Jesse posted a tweet and everyone instantly thought he resigns from base while he clearly stated he will give Cobie control of only the app

Wallet went to 8m, then some of the dumbest FUD posts i have seen in a long time to give another entry at 5m appeared Here is the FUD post btw: https://x.com/Neolawyer1/status/2077772633555296643

Here is some good post about the technical side of $WOOD https://x.com/0xmktz/status/2077141034534908190

I wont ape too much shitcoins rn because it still doesnt feel good enough, i need multiple 5-10m runners daily. But i missed other good early plays on other chains like base or sol and this is why i will load up some $wallet here in the 4-5m area. This thread explains it all: https://x.com/thezerokage/status/2075957364730089658 the r/r is very good here imho, probably a long term play Also accumulating some $wood around 15m, having multiple doxxed team members that did 200m+ tokens is evidence enough for me. Will wait for other interesting tokens, but for now i still dont want to deploy too much capital

looks like noxa got in legal issues cause of robinhood copyright, their website was mass reported for this, cause so many robinhood style tokens.. noxa dev now deployed static website on ipfs that cannot be taken down, so people can claim fees and so on he also gave away his volume fees, so deployers of tokens and the ctos are now receiving his fees.. so he is making 0 of noxa now my guess is the legal is too much for small team, new launches were causing issues with the robinhood copyright or something like that hes the robinhood basically, giving his fees back to the community.. at least in my eyes.. we dont know whats the reasons he decided to step away from 1-2m in fees a day, but it must not have been easy decision