So I've been buying some solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR

Imagining the euphoria when my solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx bags go back to ATH

Look guys, I think there’s a deep misunderstanding of what stonk’s main token: it’s Zcat, and it’s not even close. It’s not Stonk. No one gives a shit about launchpads, it’s just their ability to produce runners, and the ceiling they set. The whole stonk run - both the token itself and the rest of the eco - started there and will end there if they keep vamping themselves with endless copycats, same exact tickers in top 10 even, instead of backing their unique runners directly. If the players don’t understand this dynamic and go back to farming bundled unoriginal 2 milli toppers, it’s over. Long Eco in that sense is vastly superior, and it shows in the raw numbers, in larger mcap, deeper liquidity pools and established pairs. That’s their main ability: creating moats around winning teams. Anti vamp measures, ticker protection, in house support. Sacrificing volume and in house revenue short term for a more sustainable long term model. After an explosive runup, Pons was starting to retrace HARD until Orbi went for a 100 milli run, and they recognized that and BACKED it. Gave their star players like Orbi itself and Index their own pairs and benefits. And it’s now 50% off the lows since and running. More of that. More support, incentives, fostering in house talent. Base memestonk model will live and die by Vcat. I still stand by that too. In the ability to create a massive runner for their best pair/app/protocol on the market, VVV. And creating a moat around it, in fostering their growth. Again, no one gives a fuck about launchpads. Main runners up immensely is the only way out.

Jobs not finished. solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR

It *feels* like there's some significant capitulation going on right now in the solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx ecosystem. In the past ~2 hours: BTC flat PONS down 1% STONK down 5% ZCAT down 22% KNOTS down 22% GP down 24% In addition, GP is selling off with 3-5x the volume of ZCAT and KNOTS. This is notably different than the past 72 hours, where ZCAT and KNOTS have been trying to put in bottoms, but GP has been stubbornly attempting to run back to ATH. Some of the nanocaps I (stupidly) hold that have been bottoming and whittled down to serious holders haven't really moved much at all this entire morning (lol). IMO, all of this points to a changing of tides. We'll see what comes next. 0 or hero! (spoiler: hero)

Last cycle's biggest memes all looked dead at two months old. By day 60, PEPE, WIF, BONK, FARTCOIN and the rest had each already come back from two or three drawdowns of 50% or more. Today's leaders on Robinhood Chain and Solana are on the same track. Look at the blue box in the bottom left. The dashed orange icons are last cycle's winners at two months old, the blue ones are today's leaders. They sit right alongside each other. What came next is the part most people seem to forget during these drawdowns. From day 60 to their top, the winners grew a median of 15.9x, and they had a median of 4 more drawdowns along the way. Every single one went through at least one more 50% drop before it topped and nobody got the 15.9x without sitting through the drops. Worth mentioning: This only includes coins that went on to win, so it's what winning looked like, not how often it happens. We'll be tracking these leaders daily.

hope you got your entry

Very, very interesting developments.

if you are in pump, pivot to stonk

I really wish opening fomo.family didn't just open a random shitcoin. Would rather I just landed on my portfolio. Dunno why I find it so annoying.

Bought more solana:8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS down here in the $13M-$15M range because it looks like we put in a higher low, and things are trending up not only for solana:8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS but for the $STONK ecosystem as a whole. Some thoughts: 1. In recent days, the $STONK ecosystem's liquidity has been largely vamp'd by $GP. Awesome project, but it's been a vacuum of attention. 2. solana:8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS went from essentially 0 to $50M, and that requires substantial distribution. The token sold off ~80%, and has since endured over a week of distribution and bottom-y looking formations. 3. $STONK has since risen to $300M+, which suggests solana:8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS should at a minimum play catch-up (e.g. to ~$30M marketcap, or a 2x from here). 4. I still believe in solana:8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS longterm. It will serve as a "flight to quality" asset as traders cycle out of $GP and more degenerate gambles, and as the entire ecosystem simultaneously re-rates up (solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR, solana:8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS, $ALLINU, etc.) 5. If you wanted to sell this, given all of the above, you likely would have by now. I think it's reasonable to suspect we are running out of, or have run out of sellers.

My 3rd largest trench position is now robinhood:0xf086c53f2780e601f0d005fabb3ee5a220336062, and here's the quick thesis: COUPONS has emerged as the leading reflection token for robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571. There really isn't any credible competition. It's completed a run-up, 80% drawdown, and has now been grinding sideways/up to a notable $8M marketcap over the past week or so. Like solana:8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS, COUPONS is a reflection token for its launchpad, PONS. I think it has a shot at succeeding in the same way KNOTS has. The idea is that you hold COUPONS, which itself will appreciate as more and more investors appreciate the opportunity. And, overtime, you accumulate dividends of PONS which will also appreciate significantly as the cycle grinds on. It's the leading RH launchpad and I don't think that will change. The back of the napkin math is that as things grind on, volumes increase, etc. you will get 0.25% - 0.3% of your investment per day paid out in PONS. So, over the course of the year, you recoup your initials (ignoring all appreciation). There's some other bullish points too: 1. The holder base is a bunch of OGs. IYKYK 2. (cou)PONS is an amazing name. 3. The branding is awesome. 4. Difficult to buy right now. You have to use Uniswap. Fomo buying is disabled. This will change, and will increase interest substantially. I'm already deeply invested into the solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx ecosystem, and so I've been looking for a way to get some exposure in RobinhoodChain. This is what I've chosen. C'est tout, mes amis 🖖

"A solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR is never late. Nor is he early. He arrives precisely when he means to."

LEVER CIVIL WARS. Quick update here: So solana:7Qy2cXpdj4Fu2DUPVWdN3oogM3JSwLUV2LZaKVgVcPZh launched with a promise to distribute a large portion of the dev tokens to solana:AGi2s9zPRPHs3zEDPhPTroumTEXK5ufymYSfEFndCSSW and $xHYPE holders. Since then the dev has held a vote, and the entire plan has changed to a simple buyback and burn. This understandably has left some folks a little perturbed. There is something about “governance” on a STONK that I find a little absurd, too. STONK’s should be simple. I prefer when the dev tokens just get burnt, and the only thing left is a token trading with STONK-enomics and no dev involvement. Wish we could all just pull levers together and vibe 😩.

HYPERCAT launched with a decentralized vote to decide what to do with their treasury funds. Pretty interesting to say the least, and idk what to think because it seems like most projects just burn the tokens? Admittedly I haven’t followed too many STONKs in the first days yet. So far, the LEVER WARS (h/t chud) have been insanely interesting to follow.

Sold out of all my solana:HTmQz7My6MehV7bjhJ6jde8nDND1yvsz68d24LP7YgUQ. Here’s why it’s not right for me: The strength of the STONK eco is in its paired assets. You want to own assets that, through their pair, drive this flywheel of growth. The STONK asset buys the pair, the pair appreciates from buying pressure, and so the STONK asset in turn grows as well. At least to some degree. Other reasons to own STONK assets include having a paired asset that people are excited about, or just having pure memetic energy that people love. I think solana:HTmQz7My6MehV7bjhJ6jde8nDND1yvsz68d24LP7YgUQ fails on the first 2 criteria. Its paired asset is gold, and the buying pressure required to move gold is simply too great. Additionally, I don’t think people really care to own gold by and large. Sure, some do. But it’s a far cry from the assets that are popping right now like ZEC, HYPE, etc. The strength in solana:HTmQz7My6MehV7bjhJ6jde8nDND1yvsz68d24LP7YgUQ (and it’s a MASSIVE strength) is its memetic energy. It is the perfect RuneScape asset. The community is amazing. The coins built on top of it via the grand exchange are innovative. But while I love that, for me personally, I need some fundamental drivers. Stuff I can hold onto when the going gets rough. solana:HTmQz7My6MehV7bjhJ6jde8nDND1yvsz68d24LP7YgUQ might be getting close to a temporary top. I bought into exuberance, and I knew it. So I’m happy to sell here. Maybe I’ll get the chance to buy back in 🫡. Or not, I’m at peace. Excited for this community. It’s a flag bearer for STONK and I hope it does great things. For me personally, I’m proud of myself for practicing taking profit, and look forward to the next swing. There will be many in this glorious bull market to come.