1000x podcast, Shrapnel, cryptopunks, parsec weekly

• 1000x podcast - the bull market is back

talks about cryptopunks, btc to $1m, correlation and rotation/catchup trades, ETH/BTC, end of ETF catalyst trade

• Shrapnel released their token, direct listing on exchanges, from cielo alerts, saw DWF provide liqudity onchain

snowtrace: https://snowtrace.io/token/0xd402298a793948698b9a63311404FBBEe944eAfD

Shrapnel Price: SHRAP Live Price Chart & News | CoinGecko

Track the latest Shrapnel price, market cap, trading volume, news and more with CoinGecko’s live SHRAP price chart and popular cryptocurrency price tracker.

CoinGecko

Cielo | Premium Bot #4 in Onchain Intrigue: Unlocks, Hacks and more | Powered by Cielo

#DWFLabs Added liquidity: 653,500 #SHRAP and 49,999 #USDC ($99,461.23) on #LBRouter Range: [12.92 - 13.58] SHRAP - USDC #avalanche Cielo ViewTx

Telegram

shrapnel whitepaper with tokenomics: https://medium.com/@playSHRAPNEL/the-shrapnel-white-paper-is-now-live-33f10c1e024f

I'm guesstimating the 4% rewards release here, token was deployed in April 2023, that is when the TGE starts, (you can check this onchain and verify in discord)

3 billion tokens * (1.5% public distribution * 3% market making and liquidity * 4% rewards release ) = 255,000,000 tokens

current mcap = 255,000,000 tokens * $0.08 = $20400000

alternative calculation:

hayes shilling shrap (lol)

this is the onchain traderjoe bucket, per cielo's dwf liquidity add alert:

Trader Joe XYZ | Leading Decentralized Exchange

Discover DeFi with Trader Joe, a leading decentralized exchange. Trade a wide variety of tokens, earn rewards, and engage in secure, peer-to-peer transactions. Trader Joe makes DeFi easy and accessible.

Leading Decentralized Exchange

problem with buying this onchain is that it is currently out of range, so the slippage is huge

one more weird thing about this coin, it seems the team (based in the US with great career reputations) is "kind of" trying to distance themselves from the token, they refrain from discussing too much about the token in the Shrapnel game main discord, instead creating another "token foundation" & discord fo the SHRAP token called the "Radon Foundation"

SHRAP | Radon Network Guidance

SHRAP | Radon Network Guidance

Radon Network Guidance

This discord is where people ask questions about the token, so far response has been pretty fast, but it does feel jarring that a separate team is managing token holders instead of at the main discord

I think at $15m~20m mcap, with 5 months left until major team/vc unlocks, this could be a good short ~ medium play

• cryptopunks floor sweep

• parsec weekly

Parsec Weekly #45

NFT market update & an Arbitrum revival

Parsec Researchkezfourtwez

• coinbase climbs up in the app store rankings