if you’re in AI, it’s a great time to pivot back to crypto while there’s still time
Pretty much.
As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have substantial revenue independent of AI data centers.
SpaceX closed $40B of debt for GPUs, but we’re investment grade and have Starlink & launch revenue.
That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.
pudgy penguins just got some new toys at toys r us
the question i constantly see is how does this actually benefit holders?
the more physical products that hit shelves, the more brand awareness it creates
over time that helps the company support the NFT collection
it’s still one of the few projects that’s been able to generate real revenue outside of crypto and they haven’t slowed down one bit
seeing some sweeps on the mudwater singles
normally you’d expect the floor to drop as more supply hits from pack rips, but demand has been strong enough to keep it from sinking
a lot of people are also holding their sealed packs instead of ripping, since they earn a passive APE reward just for holding them
singles are starting to look like the next best way in
