Not all speculation but we are seeing the next evolution of Real World Assets (RWA), projects tied to revenue generated from other project launches, and projects that give incentives to HODL much like HIVE Power gives us more power in this system some of these projects are charging a 3% tax for instance and part of that is being sent back to the holders of the token. So for instance on this DEGS is paired with tokenized Silver so for instance in a situation where crypto sags it would be conceivable that gold and silver might not be experiencing this same pull back. If DEGS was paired with Solana and the whole crypto market pulls back it is like the tide all goes out.
So essentially with this one Silver is being paid back to those holding and the major catalyst for the price pumps was the fact that the https://www.stonkfun.xyz/ launch pad got accolades from Raydium and Solana and there is a supposed investment from the Solana Foundation so people started buying up the projects that were launched there and it sort of caused a flywheel effect and also a lot of people were making big gains on the new Robinhood chain but the fees started getting bad there and the fun was over so they needed to rotate out to somewhere else and stuff on the Binance Smart Chain had previously burned hot so suddenly the Solana based assets started to pop off.
I'm going to do a bigger write up about the FOMO platform but it's a mobile app or you are able to access it from your browser at https://fomo.family/
It's pretty cool because there is a lot of energy sloshing around on there and it's across a lot of different chains but the bridging is in the background and so clean that you don't even think about how you are going to get money over there. You are able to just buy and follow others and see when they bought and sold stuff.
I'm going to do a bigger post right now about it. I hope that helps!
RE: Worked My Bag Up 🚀🌚