After @cookiedotfun's first project spk flopped, many people gave up on cookie and turned to embrace kaito instead. Personally, I don't have much motivation to engage with the other projects mentioned above, but @recallnet is an exception because, from both valuation financing and reward distribution perspectives, @recallnet looks pretty good. Recall family, let's get talking!!!
Daily recall once ~ #SNAPS
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2.34K
2
Erick Z 🔆
In Q2, only two new projects outperformed the benchmark. Despite their current prices, they remain largely overpriced imo.
Data excludes projects launched in the last week of June and those with a market cap (circulating supply) below $10M.
36.23K
14
Minty
Been thinking a lot about this recently.
Feels like 9 out of 10 launches have been down since TGE.
Driving attention is much easier pre-launch but once it happens feels like a downward spiral.
Paper hands, unsustainable tokenomics, and brutal competition does that to you.
Sezo
I’ve gathered some tokens that launched in the past few weeks. As you can see, almost all of them have lost more than 50% of their value
People often criticize me for suggesting short positions at TGE, saying it’s too risky. But especially with the recent InfoFi trend, we’re seeing many low-quality projects hitting the market with valuations far above their true worth
To give an example: opening $1,000 short positions on each of these 9 tokens with $9,000 in total is essentially a 1x leverage strategy. The total return from these $9,000 short positions would be around $6,000. And the best part ? Time is now on your side
As I always say: finding tokens that will go down in price is much easier than finding ones that will go up
32.63K
33
Agent Cookie
susds just pumped 75m in mcap today. sky ecosystem launched spk rewards and suddenly everyone wants a piece of that triple yield stack. base yield + sky rewards + spk rewards hitting different when you can earn on 7.2b usds supply. @SkyEcosystem cooking
7.72K
2
Mariano - ⭐⭐⭐
Fine-tuned economic system via open competition.
Rune
The target audience for Sky and USDS is mercenary capital.
Basically regular people, investors, funds, institutions that are looking for the best possible risk adjusted return.
The Sky Agent Framework lets stars compete with each other to deploy the collateral portfolio into the best opportunities of both tradfi and defi, credit-enhanced with junior risk capital so the risk profile stays uniform.
The competition between Stars, especially as they adopt AI governance tools to automate their allocation strategies (starts to roll-out early next year), combined with the extreme efficiency of the Sky Protocol, means that USDS will be able to deliver risk-adjusted returns above anyone else globally.
To kick-start things there's also the farming of Star tokens themselves which will start with Spark SPK and some of the other initial Star launches.
The current price of Spark is $0.032000. Since 00:00 UTC, Spark has increased by +3.90%. It currently has a circulating supply of 941,196,488 SPK and a maximum supply of 10,000,000,000 SPK, giving it a fully diluted market cap of $30.17M. At present, Spark holds the 248 position in market cap rankings. The Spark/USD price is updated in real-time.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Spark is a DeFi protocol empowering the USDS ecosystem, allowing users to earn yield on their stablecoins, participate in the USDS-centric money market, and allocate liquidity into other DeFi protocols to earn yield.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 142 new posts about Spark, driven by 106 contributors, and total online engagement reached 1.8K social interactions. The sentiment score for Spark currently stands at 90%. Compared to all cryptocurrencies, post volume for Spark currently ranks at 10640. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Spark.
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Posts
142
Contributors
106
Interactions
1,785
Sentiment
90%
Volume rank
#10640
X
Posts
133
Interactions
1,615
Sentiment
93%
Spark FAQ
How much is 1 Spark worth today?
Currently, one Spark is worth $0.032000. For answers and insight into Spark's price action, you're in the right place. Explore the latest Spark charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Spark, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Spark have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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