Haven’t written a thesis on anything in a while but I’m really bullish on the solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx eco for a few reasons
Surface level it’s easy to see this as just a quick fad with RWA pairs that anyone can do, but so far they are the only ones that have been able to bring in pre-IPO stocks as well as pair to other tokens. Others will come in but it is the leader and has coins sending to pretty high caps (ie solana:7ssJZGFT3twGqeYA1kvpoMWwZYvMZvrMEbjRaWgg46BL )
It’s idealistic, but I see a world in which betas like
$manlet paired with
$Ansem not only create a leveraged down stream bet on engagement, but also serve the underlying token through buybacks and distros
Similar to something like solana:Ga5ErptAQ5oHwB7G195UEq9FeJ5UNDoV9SCRCpebFeG7 and zcash:native it allows you to play the memes and the leveraged betas while removing the vamp aspect entirely as these pairs are a net positive for the eco
It’s a total vibe shift for the trenches which have always been incredibly PvP
Ultimately all coins serve
$Stonk through buy backs and burns and even if you didn’t want to try to PvP the right meme for the right stock you benefit from the volume
Anyway, it’s fun and I think there’s real opportunity here, but we shall see. I like to lean in where I see opportunity for all to win