peep $BP
still super high conviction that this is a long term hold.
the macro narrative is insanely strong and the fundamentals for backpack are only getting better.
and no, people won’t trade tokenized equities because they’re called tokenized equities.
they’ll trade them because they want to trade equities anywhere and anytime.
the same way people transact with stablecoins because they’re useful, people will trade tokenized stocks because they’re useful.
cheap at $260 mc for being the leader in trading volume of the hottest narrative this cycle.
the stuff that i like most onchain right now
ai / moo / boner (i dont own any but it looks great) - long eco is the best bet on robinhood chain for future flows and you can just compare how much liquidity there is trading these vs. any other coins their size across any other ecosystem
stonk - solana's bet on token pairs and the sol cabal is fully backing it
bp (second highest conviction bet onchain rn) - super undervalued infra play for tokenized equities, trades 4x more volume onchain than ondo for stocks and has a huge asian community where most volume is, trades at ~200m mc with unique tokenomics, has practically no exchange listings
pons / shroom (beta to pons) - the pumpfun for green chain and is sustaining volume / revenues; if i'm betting on a general launchpad i'd bet on pons over pump
useless / marscoin - useless is the most pure meme play this cycle w no utility, marscoin is the only bnb bet i'm making rn with tokenized pairings (spcx)
this already feels too diversified, but it's everything i've been monitoring and holding.
9
1
97
10,860
take ten minutes and read this and then look at the chart and raise your targets.
this is one of the most well-written thesis I've read in years.
220M marketcap right now.
frictionless.capital/article…
Backpack, the Engine for Internet Capital Markets and Tokenization.
frictionless.capital/article…
A thesis piece on how the United States is in the process of exporting its capital markets in the same way the dollar was tokenized with stablecoins and distributed over the Internet.
10
15
215
29,794
it's hilarious because every time we get this setup OI nukes down to levels when we were at ~$550
the wall of worry.
$ZEC
8
6
182
14,643
and here we are.
$MORPHO is still one of the best bets to make if you believe the crypto markets have matured and great products will continue to win.
more updates to come.
morpho is a bit interesting as a comp to aave
curated pools seem better for institutions and the team is very aligned (having worked w them in the past) on winning deals and partnerships (coinbase, etc.)
aave seems too big and slow to make moves like these
only thing is the ui is absolutely a nightmare and reminds me of how many wrapped usdcs there were before this cycle
make the UI more intuitive to understand, onboard more tvl, more institutions, etc
6
1
57
9,636
one life, take a chance.
see ya’ll there.
Another huge trader added to our IRL competition.
October 8. Singapore. Streamed on 𝕏.
@insomniacxbt is in.
9
1
134
29,435
insomniac retweeted
Another huge trader added to our IRL competition.
October 8. Singapore. Streamed on 𝕏.
@insomniacxbt is in.
47
22
247
128,785
not going to lie, I just watched the meta connect keynote and it seems like meta is going to go ballistic over the next few years.
super refreshing to see and reminds me of the OG apple keynote days.
meta muse + vr + new glasses are all great products.
2400.
4
1
98
13,224
gg @0x_Leo_
up 36% since the stream alone.
ethereum:0x7cf9a80db3b29ee8efe3710aadb7b95270572d47
6
3
95
8,019
ok i'm seeing a lot of people post about how OI is so low
i agree with most of it, but what matters more is spot selling
so oi can be low but that does not automatically mean prices are cheap
ty for coming to my ted talk.
6
2
94
8,048
ahead of the curve.
that bottom deviation is very nice and any consolidation below $2 is probably decent.
every large perp dex (hl and lighter) are turning into infra plays by onboarding separate books for clients like Robinhood, Kraken, etc.
layerzero is doing the same with a headless approach but their tech is 10x faster than anything on the market so far.
most people will stay sidelined because they think interop is the main focus - it's not; it's all about markets now.
godspeed.
$ZRO
have been pretty vocal about ZRO in the past
nothing about the thesis has changed
technically: usd and btc pairs have filled their initial exchange wicks and you want these levels to be the bottom
fundamentally: all value will accrue to ZRO the token itself. think the market is pricing ZRO as still just interop but forgetting that they purpose built a chain to compete w the largest exchanges in the world (HL currently does 200k tps, Zero will do 2m+). institutions will use Zero and the team's focus on payments + capital markets shows the direction they're heading.
two types of setups that I enjoy: accumulation -> rips, trending charts
granted this is the bottom, it's time for accumulation.
5
6
133
19,989
FLOW STATE EPISODE 6: WALL OF WORRY nitter.net/i/broadcasts/1mxPaZNLX…
1
37
5,727
10Y this..10Y that...
below 80k and a lot more ranging to do.
else nothing to worry about.
cautiously bullish.
BTC.
7
5
154
23,910
the stuff that i like most onchain right now
ai / moo / boner (i dont own any but it looks great) - long eco is the best bet on robinhood chain for future flows and you can just compare how much liquidity there is trading these vs. any other coins their size across any other ecosystem
stonk - solana's bet on token pairs and the sol cabal is fully backing it
bp (second highest conviction bet onchain rn) - super undervalued infra play for tokenized equities, trades 4x more volume onchain than ondo for stocks and has a huge asian community where most volume is, trades at ~200m mc with unique tokenomics, has practically no exchange listings
pons / shroom (beta to pons) - the pumpfun for green chain and is sustaining volume / revenues; if i'm betting on a general launchpad i'd bet on pons over pump
useless / marscoin - useless is the most pure meme play this cycle w no utility, marscoin is the only bnb bet i'm making rn with tokenized pairings (spcx)
this already feels too diversified, but it's everything i've been monitoring and holding.
16
5
167
21,629