Neo Tokyo News: 1 - 7 March 2025

Business Is Picking Up in The Citadel

Neo Tokyo News: 1 - 7 March 2025

In this issue:

  • This Week in Neo Tokyo: Business Is Picking Up in The Citadel (by PhoenixxDown)

  • We Already Topped (by Flower83)

This Week In Neo Tokyo:
Business Is Picking Up in The Citadel

Yesterday, we had a Town Hall featuring some of our most esteemed storytellers—LeBoomington, Seize, Kyle Shannon, and ZeSkk. If you missed it, here’s the recording for Citizen ears only.

Right after that, we had another NT Plays Game Night, this time featuring Haunted Space Arena, a space dogfighting game. I know I can’t be the only one who initially thought it was actual dogs fighting in space at first?

Taking inspiration from Firestorm, maybe there’s actually something to that idea.

Our Project Manager jumped on the hottest meme of the moment, $PWEASE, and used Grok3 to create a game where JD Vance battles an onslaught of Zelenskys. Very nice work. Expect Dogs Fighting In Space game soon.

And coming up on Monday—the 29th Neo Tokyo Town Hall. Lots of important updates incoming, so don’t miss it if you want to stay ahead of what’s happening. Register your interest here.

Business Is Picking Up in The Citadel!

This Week’s Neo Tokyo Content

Interlinked #70 - Ben is back this week, joining Cryptoetheus and Jared to welcome Scott Herman and Luis Trujillo of WAGMI Games. They discuss their journey in building a web3 gaming franchise that fuses gameplay with storytelling.

Topics include their focus on character development, emotional connections that resonate with players, the role of IP in gaming, and the push for mass adoption. Their game, WAGMI Defense, is already available for download.

Market Monday - The Neo Tokyo News kiss of death strikes again! While the first-ever White House Crypto Summit was announced, and is happening today, our cover boy Charles Hoskinson wasn’t invited. Incredible. Who or what should we curse next?

We also got updates from ETH Denver, revisited the inevitability of crypto gaming, and had a great cameo from one of our favorites—Mr. Yolo of YoloTradeZone.

NT x Unfungible Space - And later today, in just under a couple of hours, the panel for our weekly gaming spaces will also be discussing one of those aforementioned topics. The one which is so dear to us, the (I repeat: INEVITABLE) Comeback of Gaming NFTs. Tune out the noise, and listen to the experts.

Short Scoops

Ktrap’s Biweekly Update

All the data you need—floor ratios, metrics on staked and listed citizens, $BYTES price action, holder counts, plus a news roundup.

A New Arrival

We’ve opened our gates to a heavyweight this past week, Astra Nova, the AGI-driven entertainment ecosystem. Give them a warm welcome!

Brighty’s Championship Run

Our Market Monday panelist, Brighty, put in a brilliant showing at the Parallel World Championship—finishing in 4th place! Huge congrats!

Have You Been to Purgatory Club Yet?

Citizens have been checking out Purgatory Club in Passage. A few weeks back, Firestorm connected with Lex Avellino in the PRP, and he built this virtual space.

It’s now being used for networking and VC meetings, giving things more of a bar vibe.

Until next next week, citizens.

We Already Topped

This week I want to just be brutally honest and put all jokes aside.

I think the cycle is already cooked and has been for a few weeks now. This simple, yet profound, fact is becoming more and more apparent and it's only a matter of time before future generations (us in 2027) look back on this period with crystal clear clarity and we start seeing posts stating that “it was all so obvious.”

Thus, it is time to ask yourself a serious question: Would you be okay if your portfolio nukes another 70% from here?

I think it's time to realize that we are in a time where we had multiple serious and Earth shattering top signals staring us in the face. Besides, this past week the Trump administration rolled out the most bullish news you could possibly want for crypto, objectively speaking, and all the markets did was scream back at us very loudly saying:

“The buyers are exhausted.”

It’s time to face the simple truth that we already topped. No matter what happens, no matter how bullish the latest news is, we just can't go higher. This is signaling that people are just done with all of it.

And yes, there actually is still a lot of objectively bullish news, but then why is it that everyone is so jaded? And why is the price going down? Let’s take a look at a few pieces of bullish news from this week that should send us absolutely flying if the bull run was still intact:

USA & Bitcoin Strategic Reserve.

Seemingly everyone is buying. BlackRock, El Salvador & Saylor.

Companies and institutions are more and more bullish on ETH.

Don't you find it weird that all of this supposed bullishness can not send us past ATH’s? 

Not even back to 100k, actually. Instead we are forced to read bad news like all of this almost daily:

Overall, it’s been an interesting few weeks. Full of exciting news and events, lots of memes to laugh at, and people crashing out. It was also funny to watch everyone be forced to become (or pretend to already be) tariffs experts, only for it to end up not mattering shit when Trump changes his mind faster than our ex-girlfriends do.

It was fun, but now there is seriously so much uncertainty and volatility in the markets that most “serious” traders and investors actually want the cycle to end.

These two memes on twitter seem particularly fitting for this current stage:

It feels like everyone is sick of constant uncertainty and never ending news that significantly impacts the flow of the markets.

In short, I think we have significantly overstated our welcome here and I think this cycle was a bit too plagued with crime seasons. I think the crypto space needs a proper reset now—something that a slow and painful bear market can absolutely fix.

Don't call me negative, cynical or pessimistic, you know just as well that this is likely to play out now.

See you at the lows 🫡 📉

All content from Neo Tokyo News is for entertainment purposes only, is not financial advice, and does not reflect the opinions of Neo Tokyo.

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