Zero Knowledge Cat

Trader. Zero knowledge. Cat.

[Zero Knowledge Cat @0KnowledgeCutie]

@dcinvestor Chat, what level of cope is this?

[Zero Knowledge Cat @0KnowledgeCutie]

Longed some AR for a potential cloud storage narrative.

[Zero Knowledge Cat @0KnowledgeCutie]

@EdgeSimps @IamNomad Is it recorded anywhere?

[Zero Knowledge Cat @0KnowledgeCutie]

I really don't update my twitter often enough, would try to keep up going forward. Don't like hindsight tweeting, but market did go up over the weekend, hope you took profits if you followed.

[Zero Knowledge Cat @0KnowledgeCutie]

Good place for bulls to take a stand with all the SEC bad news. Could see this as a local bottom, took a bunch of longs here with tight invalidations.

[Zero Knowledge Cat @0KnowledgeCutie]

@lBattleRhino @toptickcrypto Sentiment and pa was wildly different then. Awice leading the charge leverage longing every dip with 9 figs. zhupercycle on eth. Uponly podcast was still running.

[Zero Knowledge Cat @0KnowledgeCutie]

Good place for bulls to take a stand with all the SEC bad news. Could see this as a local bottom, took a bunch of longs here with tight invalidations.

[Zero Knowledge Cat @0KnowledgeCutie]

Noticed the tendency to flip a bit too early after managing to short the pico top. Always feels like when sentiment suddenly shifts to consensus I'm a little too quick to flip. Managed to close these for a very small L shortly after but should've held meme shorts for longer than I did.

[Zero Knowledge Cat @0KnowledgeCutie]

Pretty nice spot to long alts here. Should be local bottom for the short term (next few days) and perhaps for the longer term, but would have to re-evaluate over the next couple of days.

[Zero Knowledge Cat @0KnowledgeCutie]

Good chance local bottom is in.

[Zero Knowledge Cat @0KnowledgeCutie]

Pretty nice spot to long alts here. Should be local bottom for the short term (next few days) and perhaps for the longer term, but would have to re-evaluate over the next couple of days.

[Zero Knowledge Cat @0KnowledgeCutie]

yeah memes are done for a bit.

[Ansem 🐂🀄️ @blknoiz06]

memetic analysis

people don't understand why memes go up because they don't have a good framework for evaluating them, they can't do fundamental analysis on the assets cash flows like they can with everything else

I did a long tweet other day on what makes a good meme here ( https://t.co/JiMF7YiH6y ) but I still think the average person believes they are worth nothing, so I'm going to try to elaborate on why I believe this is not true

Facebook, or Meta, is one of the largest tech giants in the world, it holds a market cap of $1.1T & has dominated social media for the better part of the last two decades or so, so why was Facebook so successful

as one of the first social networks, Facebook was able to successfully establish relationships between people & the irl circles, online, from there they created enjoyable spaces for people to freely interact with one another, but how does facebook actually make their money?

Even though FB was free for users, 95% of Facebook's revenue came from paid advertising, which they were able to charge companies because they were successful in accomplishing the most important thing, getting *everyones* attention in the same place, companies knew that paying for ad space on Facebook would be worth it because of how many people would see their ads. With Instagram & FB there was obviously a ton of hardwork & difficult execution done to make those apps successful, but at the end of the day people's attention was the final product that they successfully were able to capture.

Now, back to memes, if you have spent any significant amount of time on the internet, then you know that memes are a substantial part of how young people communicate with each other, whether its instagram, text, tik tok, or whatever else, people are always sharing relatable memes with each other, & the ones that people enjoy the most are the ones that go the most viral across all social channels

The reason people are unable to ascribe value to memes is because they aren't doing the right analysis, it should not be on the cash flows of the meme itself, of which it has none, but an analysis of how much the attention said meme can acquire is worth. For FB they are able to monetize all of the attention on their social media into billions of dollars in revenue, but nobody has ever financialized memes on the internet directly until now, since crypto makes it trivially easy to attach an altcoin to an existing meme w/ photos & videos.

I already wrote a really long post on how memes go viral & what makes good memes, so I won't go in detail on that again, but think it's worth people rewiring their brains on how to value attention in the attention economy. Another good example outside of Facebook is celebrities, every single celeb who gets famous from their respective industries eventually ends up creating their own product(s) that they can sell to people. & the reason peope like Kylie Jenner are able to make multi billions doing so, is the same reason Facebook is a trillion dollar company. They have an excessive amount of attention from their cult-like followings that they can then monetize. This is also one of the reasons I'm bullish on social tokens, but the fundamental underlying reason on why I believe memecoins actually have value, because they have an outsized amount of attention, & that's worth a lot.

tldr: many companies who use ads & celebs who launch products monetize well becaus they are able to turn attention into cash flows, memes on the internet are very good at getting the same level of attention and crypto allows them to be financialized in the same exact way

s/o @kelxyz_ for this original idea

[Zero Knowledge Cat @0KnowledgeCutie]

@TheCryptoNexus Really enjoy your posts. Sad that people are like this on twitter.

[Zero Knowledge Cat @0KnowledgeCutie]

@smartestmoney game never ends.

[Zero Knowledge Cat @0KnowledgeCutie]

heh.

[Zero Knowledge Cat @0KnowledgeCutie]

Ethbtc bottomed. But you wouldnt believe it.

[Zero Knowledge Cat @0KnowledgeCutie]

Max long only now.

[Zero Knowledge Cat @0KnowledgeCutie]

Ethbtc bottomed. But you wouldnt believe it.

[Zero Knowledge Cat @0KnowledgeCutie]

Took a fair bit of profits here. Let’s see how the market reacts from here.

[Zero Knowledge Cat @0KnowledgeCutie]

Hope you stayed long.

[Zero Knowledge Cat @0KnowledgeCutie]

Personally don't think you should fade this pump. The whole price action and conversations around 60k felt very much like July 2021 where we pumped violently off. Not entirely convinced yet with some big tradfi events around the corner (PPI/CPI), i think the picture will be clearer then. But I will stay long, and will exit if markets don't respond well later this week.

[Zero Knowledge Cat @0KnowledgeCutie]

Personally don't think you should fade this pump. The whole price action and conversations around 60k felt very much like July 2021 where we pumped violently off. Not entirely convinced yet with some big tradfi events around the corner (PPI/CPI), i think the picture will be clearer then. But I will stay long, and will exit if markets don't respond well later this week.

[Zero Knowledge Cat @0KnowledgeCutie]

I think $boden is a good bet here at .31. Elections are coming up, good correction, and a great meme with no competitors.

[Chiefingza @chiefingza]

They will try and fud the ethereum etf the entire way up, and while it's certainly not a guarantee, something tells me daddy fink has already ensured victory