AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
Reminiscences of a Crypto Degen Trader with DCF God | EP 33
Good Game
On-chain Wealth Concentration and Trading Dynamics
Cryptocurrency projects with small user bases and high fees often attract a consistent group of users, leading to concentration of wealth among a small subset of retail investors and whales. On-chain analytics show low activity in NFT swap volumes and active wallets. The market dynamics typically follow a pattern of ETH and BTC price movements impacting the popularity of on-chain DJN activities. The community is divided into retail DJN traders and wealthy collectives with substantial on-chain wealth exceeding 100 million. Public wallet addresses reveal significant wealth accumulation among top traders, emphasizing the challenge of wealth allocation in the cryptocurrency space.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode