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It's man vs. machine. Waiting for Deep Think to activate on my Google Ultra account so we can try using it to crack FAIR smart contracts. So far, none of the AI audits we've run have made a dent in FAIR.

According to DeFiLlama’s latest data, the crypto space has witnessed a staggering 27 hacking incidents since the beginning of April, leading to over $500 million in stolen funds. 📊 The chart tells a chilling story - 2025 has already seen one of the highest monthly losses on record, rivaling peak DeFi chaos from 2022–2023. Despite market maturity, protocol exploits, bridge vulnerabilities, and poor key management continue to plague the industry. Each exploit isn’t just a headline - it’s lost trust, frozen user funds, and another dent in mainstream adoption. Here's why this matters: 🔐 Security isn't a feature - it’s a foundation. 🔍 Audits aren't optional anymore - they must be standard. 🚧 The ecosystem doesn’t just need innovation. It needs resilience. As capital floods back into the market and hype returns, bad actors do too. Let’s build smarter this time. Not just faster.

Hyperliquid's buybacks absorb between 2% and 5% of daily sell pressure. In effect, this is not as massive a dent as you would imagine (in terms of effect it has on price). Over the longer term though, buybacks are important in terms of removing RFS (ready for sale) HYPE from circulation. It is the signal that it puts forth to the market that supports price, not the actual buyback itself.

Over the past day, $SPON has rallied an impressive 85%, jumping from roughly $0.006 to about $0.047 on Bitget. This surge follows a major protocol upgrade and growing developer interest. 🔹 Macro View & Market Sentiment Risk-on pockets emerged in an otherwise consolidating crypto market. Bitcoin dominance briefly dipped under 52% as capital rotated into altcoins with tangible utility. SPON’s v2.1 upgrade announcement spurred renewed curiosity, pulling funds from stable assets into this higher-beta play. Overall mood is cautiously optimistic—traders hunting for the next protocol breakout rather than one-off pumps. 🔹 Technical Overview (1-Hour Timeframe) Price Action: 24 h low at $0.0060, high at $0.0811, current ~ $0.0473 Moving Averages: • MA(5) ≈ $0.04298 crossed above MA(10) ≈ $0.04366 and MA(20) ≈ $0.04382—short-term bullish signal Volume: 24 h volume ~ 140K SPON; MA(5) ~ 619K, MA(10) ~ 664K. Initial surge volume was sharp, now normalizing—healthy rally RSI (6,12,24): RSI(6) ~ 61.1, RSI(12) ~ 58.1, RSI(24) ~ 56.2—mid-range strength without extreme overbought Stochastic RSI (14,14,3,3): %K ~ 41.7, %D ~ 25.9—rising from oversold, a bullish early sign Money Flow Index (14): MFI ~ 67.5—strong inflows, not yet overbought Support & Resistance Immediate Support: $0.0380 (recent consolidation low & MA cluster) Key Support: $0.0250 (prior range high) Immediate Resistance: $0.0500 (psychological barrier) Major Resistance: $0.0811 (24 h high) A sustained close above $0.0500 on firm volume could target $0.0811. A drop below $0.0380 may retrace toward $0.0250. 🔹 On-Chain Activity Exchange Flows: Withdrawals outstripped deposits, hinting at accumulation by longer-term holders. Active Addresses: Daily unique addresses up 18% post-upgrade, indicating renewed engagement. Whales: Top 10 addresses added ~ 500K SPON, quietly buying dips. Network Profit/Loss: Majority of holders remain profitable after the rally, reducing immediate sell-pressure risk. 🔹 Tokenomics Snapshot Total Supply: 2 billion SPON Circulating: ~ 600 million (30% unlocked) Allocation: Community rewards & incentives 50%, Team & advisors 20% (24-month vesting), Ecosystem fund 15%, Treasury & reserves 15% Emission: 2% weekly unlocks starting Q4 2025, tapering thereafter 🔹 Ecosystem & Development GitHub commits jumped 35% after v2.1 release, driven by new smart contracts and tooling. Partnerships include two DeFi platforms integrating SPON as collateral and a gaming guild trial. Bitget liquidity pools hold over $750K in SPON–USDT, smoothing trading. 🔹 Quant & Metrics NVT Ratio: Elevated post-rally, meaning high volume for market cap—often a contrarian oversold marker before relief bounces. Token Velocity: Up 20% in 24 h, indicating increased token circulation typical during rallies. Sharpe Ratio: Back-tested intraday returns vs. volatility show SPON’s Sharpe at 1.2 over the past week—a favorable risk-adjusted profile. Max Drawdown: Prior drawdowns hit 70%. Today’s 85% jump offsets more than half of that loss in one session. 🔹 Sentiment & Community Buzz Social channels are upbeat. Twitter mentions of SPON’s upgrade reached a six-month high, labeled “under-the-radar gem.” The Fear & Greed Index at 45 (neutral) suggests more upside potential. Telegram groups buzz about upcoming DEX listings and yield-farming incentives. 🔹 Risks & Considerations Rapid rallies can attract short-term speculators; watch volume for signs of exhaustion. Protocol upgrades need thorough audits—any bug could dent confidence. Regulatory clarity around DeFi tokens is still evolving; monitor compliance developments. 🔹 Trade Ideas & Strategy Entry Zone: $0.0380–$0.0450 for measured positions Stop-Loss: Below $0.0350 to limit downside Targets: Short-term $0.0500; mid-term $0.0700 (previous swing point) Scaling: Add on dips toward $0.0250 if volume subsides and whales keep accumulating. 🔹 Roadmap & What’s Next Aug 10: v2.2 patch with gas optimizations Aug 25: Launch of community-run DeFi pool Sept 5: Cross-chain bridge beta Q4 2025: NFT marketplace integration 🔹 Bonus Tips(not advice) Watch for RSI divergences on the 1 h chart—early signals of trend shifts. Use VWAP on smaller timeframes to gauge intraday fair value for entries. Consider position sizing using the Kelly Criterion if you plan multiple entries. Monitor MVRV-Z (on-chain tool) to spot potential profit-taking zones. Join the governance forum now to influence upcoming community pool parameters. SPON’s 85% rally is backed by real upgrades and on-chain momentum. If $0.0500 breaks with conviction, a run toward $0.0811 becomes likely. Conversely, $0.0380 is a strong floor for re-entries. Use the above quant metrics and bonus tips to fine-tune your entries, risk management, and follow-through. Good luck! Be careful and always dyor

If Fed cuts tomorrow (98% chance they don’t), then I think we pump but then dump as there will be “concerns” or “cracks” seen earlier and not because Trump is making a dent in his thinking! Few