Hey intrepid cryptonauts!! We love you, thanks for being here on the Ox, diving into Sugar's wallet!!
Sugar his own self took pity on our weak spirits, lost in the idea of altcoins, and gifted us with Japanese happy pop to lift our spirits!!! Reading music then: TLDL - happy pop designed to cheer the country after whichever natural Godzilla tsunami nuclear reactor meltdown whatever hit THAT year!! We love it, hits the spot.
When last we tuned in, Sugar told us some of the altcoins we misunderstood were good for thin book trading, namely CIX, HORD, and GLQ. ok THAT's what the booming one week charts are good for like GLQ!! or really NOT booming - we think maybe Sugar goes short sometimes??
& Sugar got bored with our plodding, and revealed a GEM from the TOP - MXC!! Specifically, good for thin book trading!!
WTF is thin book trading?? to us, that means whale games are gonna WORK, if there is no book to move, ya can move the market? Oh man scary. Investopedia says it's the same old simple story - thin stocks are illiquid, and therefore show a LOT of market impact where orders do move the price action around.
So how does this apply to MVX?? The GEM cuz LOOK at this short term print:
TLDR: now, two ways our brain can go on this one. First, it's insider trading, or maybe Sugar himself jacked the market impact up with his massive bags!! or some other whaley game. But then when we zoom out!!??!!? Well NOW we have looked at a few chitcoin charts, many more to go but lower brain already has an opinion.
WTF is MXC?? well, they gotta great value prop. Almost a hundred mill in market cap, that's the basic minimum you MIGHT live in hedge fund AUM land. MXC is Web3 all the way, hooked up with IoT to help everyone build their own valuable data and own it. MXC is an ERC-20, ya can't really go wrong working with Vitalek, anything else is suspect, ya?? Reading the MXC whitepaper, they are the biggest web3 network running. MXC has NFTs for ownership of IoT, works interchain with Polkadot, they're running the low power multi token mining in the METAVERSE baby wahooo blow that smoke up all our arses sounds FABU!!! Dear readers know bullshit jumps off the page into our gimlet eye, but all this sounds like it could work. Sounds like it IS WORKING!! Hmm but the zoom out??
Hmm. A three year old coin, down 71% from ATH, could be BTC ar ar ar !! Up an eye watering 300x from ATL, oh lordy.
Lower brain doesn't care about all that, just thinks there should be a shoulder to the RIGHT to match that shoulder to the LEFT. Barring single man risk or scandal failure, our gut just feels that vol's gonna kick that sucker UP at some point!! Plus if MXC hung in there this tough in this winter market WTH!!! gotta look at this one more!! Or, just pretend to look at it, and ape in on Sugar ar ar ar OOOOO!!
But that doesn't stop us from the long slog across the great plains of dusty chitcoins, no sir, we are NOT that bright!!!! Where did we leave off?

Started from the bottom now we HEAH. Another live snapshot from the bottom of the wallet!! Next up what Verasity?
VRA! Another decentralized tokenised marketplace, this time focused in trading data in the esports and gaming world!! Proof of Views, baby!!! Dang many of these value props really have awesome elevator pitches don't they??
Verasity: uh oh, two vomiting camels followed by a flatline
NEXT, cuz THATs no fun!! BLOKTOPIA!! Hell to the yeah, We want to go to THERE!!!
Did we say all these value props sounded great?? well 50%. Bloktopia is the intersection of VR and 3D graphics with NFTs, ok, in an imaginary tower 21 stories high with their own coins no lower brain is OUT. Chart?
TLDR: Yeah, no, outta here. maybe there are some ripples in that flatline that could be played with by a bunch of dudes on WSB. PRY that mind OPEN !!!
EOSforce. EOSC. Weird name what is it a girl band?? No, its a decentralized high performance smart contract system. Always tempting to look at ETH and say, something's wrong, lookit that centralization and MERV bots ripping, we could do better. But could you match the ETH that will be there by the time you do better?
TLDR: Chart sez ya can't fool very many of the people that much of the time at all, ar ar ar ar!!! That said, ya COULD catch a 17% pop on that 30day print!!!
To close our episode, we see API3. Hey gotta be better than API2, right? dunno sometimes we retrograde for stability. API3 means blockchain Dapps that can call real world APIs. That's another cool concept! Gotta be some fun in there!! Is there fun in the PRICE ACTION tho??
TLDR: dunno the old double hump. No flatline tho gotta be some games to play there!!
OK must sleep. Thanks for being here! Stay tuned maybe Sugar will enlighten us yet!! tough row to hoe tho.
Peace out,
love,
Dave
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