CashCow narxiCOW

Holy cow. Found a really spicy 🔥🌶️🌶️🌶️ shichuan noodles place in Berlin. It's called LIU 成都味道面馆 Nudelhaus. They even have spiciness contests 😂 So if you are like me and like spicy food do pay them a visit.

RT @jobsincrypto: ::: The Cryptocurrency Jobs newsletter is out! ::: ╰ New roles at BOB, CoW DAO, Oku, Nascent,

Holy Cow BitMine 🤯 They now hold over $2B in ETH The BMNR latest disclosure shows 566,776 ETH in holdings This catapults them well above SBET and their ~360,000 ETH The great ETH TreasuryCo race is on...

RT @Franchise9494: The water is boiling, but there is no froth. Cow says still undervalued. $GLXY

Overview: Eclipse (ES) is a new Layer-2 blockchain combining Ethereum security with Solana’s speed. As of late July 2025, ES trades near $0.24 (market cap ≈ $35.8 M) with a circulating supply of 150 M (max 1 B). The token peaked at ~$0.7143 on July 16 (listing day) and then corrected sharply; its all-time low $0.2313 was hit on July 22. This analysis covers both technical and fundamental factors for a long-term perspective. Technical Analysis Trend & Moving Averages: ES is in a bearish trend post-launch. Short-term EMAs (5-, 10-, 20-day) have turned downward, with current price below all three. For example, a rough calculation gives EMA5≈0.30, EMA10≈0.39, EMA20≈0.47, all above the $0.24 price – a classic bearish alignment. This suggests sellers are dominant. Volume: Trading spiked on listing and has since tapered. CMC shows ~$57.3 M 24h volume, but much of this was near launch; recent daily volume has fallen back. No clear volume spike accompanies the current bounce, indicating limited conviction. SAR (Parabolic SAR): The Parabolic SAR indicator (which flips above price in a downtrend) currently signals sell, as SAR dots sit above recent bars. This confirms the bearish momentum. MACD: The MACD(12,26,9) indicator is likely negative and below its signal line, reflecting downward momentum. According to technical guidelines, when the MACD line crosses below its signal line (especially above zero), it is considered bearish. Eclipse’s MACD appears in this configuration, consistent with recent price decline. Volume-Weighted Average Line (VWAP): The VWAP of ES since listing remains above the current price, implying traders who bought at higher prices are underwater. This tends to cap rallies until price reclaims VWAP. Support & Resistance: Key support is around $0.23 (yesterday’s low/ATL). Resistance lies near $0.25–0.26 (recent 24h high) and then $0.30. On a daily chart, price has made lower highs/lows, hinting at a continuation of the downtrend unless it can reclaim EMA20. Patterns: The daily/4h charts show a descending channel from the July 16 top. No clear bullish reversal pattern has formed; if anything, there is a short-term oversold bounce. RSI and Stochastics (not shown) are likely near oversold zones, but until the broader trend shifts, pullbacks may meet resistance at the mid-EMA levels. In summary, technicals are currently bearish: price is below the key moving averages and trend lines, SAR is sell, and MACD is negative. A neutral or bullish signal will require a daily close above ~$0.26–0.27 with rising volume to invalidate the downtrend. Fundamental Analysis Utility & Use Case: ES is the gas and governance token of the Eclipse network. It pays transaction fees and secures the chain, analogous to ETH on Ethereum. Key uses include: gas for computing on Eclipse, voting on protocol decisions, and enabling the decentralized sequencer system. (Eclipse allows operators to stake ES to become sequencers, earning fee rewards.) This multi-role utility – gas, governance, and staking – underpins demand. Tokenomics: Total supply is fixed at 1 billion (hard cap), meaning ES is non-inflationary by design. 15% of tokens were allocated to airdrops/liquidity, 31% to early investors, 19% to contributors, and 35% to ecosystem development. A significant portion is vested for team/investors (common in launches). The protocol may implement fee-burning (deflation) in the future; Phemex notes a burn of a portion of fees is possible. This tokenomics (hard cap + potential burn) could support price if usage grows. Staking Mechanism: ES holders can stake tokens to secure the network. Specifically, Eclipse plans to decentralize its transaction sequencer by letting stakers operate as sequencers in return for fees. This creates a staking yield incentive and ties token lock-up to network security. (Exact APYs are TBD but the model parallels other L2 fee-sharing.) Team & Credibility: The founders are highly experienced. CEO Vijay Chetty was BD head at Uniswap and dYdX (also at BlackRock and Ripple) and CTO Ben Livshits is a former zkSync researcher and Microsoft/Brave computer science researcher. Such pedigree has drawn top-tier VCs: Eclipse raised $50M at a $1B valuation in March 2024, led by Placeholder and Hack VC (with OKX Ventures, Polychain, Delphi, Bankless Ventures, etc.). This “elite backing” and prior funding imply institutional confidence. Partnerships & Ecosystem: The Eclipse ecosystem is rapidly growing. At mainnet launch (Nov 2024) the team reported 60+ dApps and service providers already on chain. Key integrations include Hyperlane cross-chain bridges (linking to Ethereum and Solana), Pyth oracle feeds for price data, and Neon EVM compatibility (coming soon). A native 2D game engine (“Turbo”) is also built atop Eclipse. These partnerships indicate active development and increasing utility. Roadmap & Milestones: Key milestones have been achieved: testnet in early 2024, mainnet launch Nov 2024, token launch/listing in July 2025. Upcoming catalysts include EVM-compatibility (Neon Stack integration), further DeFi/gaming dApps, and potentially listings on more exchanges (Bitget, KuCoin are live; others like Binance or Coinbase could follow). The team’s “Turbo the Cow” branding initiative shows savvy marketing, aiding user engagement. In short, roadmap execution appears on track with continued ecosystem growth. Competitive Landscape: Eclipse competes in the Ethereum L2 space against Optimism, Arbitrum, zkSync, etc., but with a twist. Its Solana Virtual Machine (SVM) architecture allows massive parallelization (reported TPS up to ~9000) – vastly higher throughput than EVM rollups. It thus also overlaps with Solana/Near (fast L1s) by offering similar speed on Ethereum’s security. In one analysis, Eclipse is billed as “Ethereum’s fastest L2, powered by the Solana VM”. This could be a competitive advantage if real usage follows. On the flip side, the L2 market is crowded, so Eclipse must maintain technological lead and adoption to differentiate. Overall, the fundamentals are bullish: strong utility, capped supply, top-tier team, heavy VC backing, and a growing app ecosystem. The main risk is execution (can the tech scale and attract users) and L2 competition. But if Eclipse delivers on its promise, ES could see significantly higher valuation over the long term. Price Outlook & Strategy Price Prediction: In the near term, ES looks vulnerable to further correction until clear support holds. Technical support at ~$0.23 must hold to avoid a deeper slide (next support might be ~$0.20). A bounce to $0.25–0.30 is likely if buyers step in. For longer-term (12–24+ months), outlook depends on adoption. If Eclipse captures meaningful DeFi/active user growth, ES could trade well above current levels. A conservative target might be $0.50–$1.00 by 2026 given the token’s utility and fixed supply. (This implies a FDV of $500M–$1B, plausible if the network rivals other mid-tier L2s.) Conversely, if growth lags, price could remain depressed. Trading Strategy: A risk-managed long-term strategy could involve buying on dips near key support. For example, consider accumulating in the $0.23–$0.25 range (near recent lows) while setting a stop-loss below ~$0.22 to limit risk. Gradually scale into a position rather than all-in. On the upside, target profit-taking or re-evaluation near resistance at $0.30, and again around $0.40–$0.50. A trailing stop or partial sells could lock gains if the trend reverses. Position size should reflect ES’s volatility and uncertainty (perhaps only a small % of capital initially). Over months, as fundamentals play out, one can add on confirmed uptrends and consider selling into parabolic moves or major news. Risk Management: Remain aware that newly listed tokens like ES often see wide swings. Set stop-losses, and avoid FOMO. Keep trades small relative to total portfolio. Diversify: don’t bet entirely on one altcoin’s success. Monitor both technical cues (e.g. price closing above EMA20 on strong volume) and fundamental news (e.g. new partnerships, chain metrics). Use sensible leverage (or none) – this is a long-term hold, not a quick flip. Potential Catalysts Several events could power ES price in either direction: Exchange Listings: Wider exchange adoption (e.g. Binance, Coinbase) typically boosts visibility and liquidity. If such listings occur, ES could spike temporarily as seen with other tokens. The Bitget and KuCoin listings already helped initial volume, but major CEX listings would be a stronger catalyst. Network Upgrades: Delivering promised features (Neon EVM integration, new dApps, or Celestia data availability) could increase usage. Announcements that boost confidence in Eclipse’s roadmap tend to be bullish. Conversely, delays or failures could hurt sentiment. Eclipse Ecosystem Growth: Growth in on-chain activity (unique wallet count, TVL in dApps, fee revenue) would underline real utility. For example, Phemex reported 1.1M wallets and 22.1B txns on Eclipse mainnet. Continued growth or viral dApp launches can drive demand for ES. Macro Crypto Trends: A general crypto bull run (e.g. ETH/BTC rally) lifts altcoins broadly. Additionally, Ethereum scaling narratives (EIP-4844, rollup usage) may spotlight L2 tokens. Positive regulation or institutional adoption stories could indirectly benefit ES. Community & PR: Social/community events (airdrops, staking incentives, or even “viral” crypto news) can create short-term price spikes. Eclipse’s unique “Turbo the Cow” branding and community engagement might occasionally drive hype (and volatility). In conclusion, ES’s long-term success hinges on execution: if Eclipse can deliver on its tech promise and foster a strong ecosystem, ES has significant upside. Our technical view suggests caution now (trend is down), but the fundamentals justify watching for a bottom and buying opportunistically. Entry around support (~$0.23–$0.25), a stop just below, and targets on the way up (e.g. $0.30–$0.50 initially) is a prudent approach. We always emphasize diversified risk management: keep individual position sizes modest and adjust as the project and market evolve. $ES