Sougen, a 3d web platform built with React & three.js sits with ~200/1000 of their builder passes minted for months. This was a project that people were jumping through hoops to get whitelisted for during peak 'metaverse' interest.
Neos Credits (NCR) finally loses it's $0.30 peg which was held for months after the team separated. One of the founders still wants the coin to be relevant, and price is reflecting a lack of confidence in their ability to make it so.
I hopped into the #degen-trading channel in Synthetix discord. It seems that people are still successfully pumping shitcoins here and there. Within a few minutes of reading messages, I found three that were actually going up. TSUKA, DARUMA and CNC. Conic in particular is at a reasonable valuation for what it aims to do, but so far there's only a white paper.
During a number of hours before and after the merge, negative funding was hitting all time highs as traders looked to hedge risk during the transition to PoS. The success made for a perfect recipe for a short squeeze, but the closed shorts were met with a ton of spot dumping, potentially from people front-running the merge. Since then, ETH is down 20% against BTC
Powell said at the most recent FOMC meeting: "We are moving our policy stance purposefully to a level that will be sufficiently restrictive to return inflation to 2 percent." && "we've just moved I think probably into the very lowest level of what might be restrictive and certainly in my view and the view of the Committee, there's a ways to go. "
The dollar has retraced the entire dump that facilitated BTC's inital run to 40k, and added about a 13% gain ontop of that. total move since bottom is 26%