BZRX holders have been telling you guys that it'll be the comfiest of holds, and that it will pull an aave style run up to the 100's of millions of MC.
Look at the 4hr chart and tell me this thing is not ready to blast off.
If you buy in to BZRX now you're also getting a community which is completely devoid of moon boys. The alt run ups in the last few days drew them all away from BZRX, and yet everytime we dip to the bottom of that channel we get bought right back up... It even didn't dump during the Eth dump yesterday.
This'll probably be your last chance to get in, as next week is launch week and we already are starting to see BZRX get included in liquidity mining projects like Mooniswap and Ham finance.
IMO BZRX is going to be the last moonshot in Defi, and after that the narrative will be DAO's + Eth 2.0 primarily.
but it's already "100's of millions of MC" diluted??? LMAO
Cameron Carter
You don't have to worry about any additional supply until the beginning of next year, all vested bzrx is locked until then, and BZRX will have already done a 10x by then.
Have you been in BZRX for long? I was an early 2020 holder of LEND, PNK, and HEX, the same signs are there for BZRX.
The characteristic is basically a slowly appreciating asset which has a product behind it, which has a tendency to shake out weak hands via predictable low liquidity swings. BZRX even has the hate-ability of Hex because of that exploit they suffered.
Holding BZRX now feels like you're going nowhere, but in reality you're just experiencing an accumulation trend before it starts going parabolic, as evidenced by the constant stream of higher lows.
Liquidity mining is going to send this through the roof, as yield farmers don't care about public image of a product. Checkout this from today, the guy went on to pool his BZRX in mooniswap and they only just announced that:
This is my biggest bag. Have any of you guys put any in Ampleforth's new geyser?
Liam Mitchell
People talk a lot about if we're in a bull now, but those who've been here since 2016-17 know that the turning point was the start of this year (though to be honest we didn't know it at the time)
I have not, but worth looking in to. BZRX being under the radar means a lot of these yield farming setups are going to give outsized rewards to bzrx, but probably not for long.
Brody Miller
AFAIK, Mooniswap is moreso about preventing front running via slippage, but I'm going to do a bit of research on it now and see what the story with it is.
Bentley Hernandez
>but those who've been here since 2016-17 know that the turning point was the start of this year (though to be honest we didn't know it at the time) and so, pride has consumed him