OVO

these violent delights have violent ends

[OVO @0xDrizzy]

Every time your timeline is at odds with that feeling in the pit of your stomach, that feeling deep in your bones. Read this

[samson @fuckyourputs]

🤝 it is literally over pack it up you had one last cycle to make it and you bought the etf listing at 49k you mongrel time to get job

[Soona @soona]

@hosseeb @pmarca People forget *satoshi* thought he was late.

By the time of btc paper drop, there'd already been a few attempts and proposals (ecash, digicash, b-money, bit gold, RPOW, etc)

[OVO @0xDrizzy]

Attention weighted time = new economy

[thiccy @thiccyth0t]

I've been thinking a lot about attention weighted time recently

I used it to measure bitcoin's lindyness vs gold and it yielded interesting results

made me soften my skepticisms towards bitcoin price

[OVO @0xDrizzy]

@jvb_xyz @MikeIppolito_ @WayneVaughan How do you default to it

[OVO @0xDrizzy]

@Rewkang Thoughts on China in humanoid landscape?

[Evanss6 @Evan_ss6]

@jvb_xyz Absolutely

[AJC @AvgJoesCrypto]

In the wake of the $TRUMP memecoin launch, I believe Trump NFT Cards (@CollectTrump) are severely undervalued here. Some quick napkin math:

There are 4 main collections with a combined market cap = $60.7m.

There are multiple side/bonus collections with a combined market cap = $10m.

In total, the market cap of all Trump NFT Cards is ~$70.7m.

80% of the $TRUMP supply is allocated to CIC Digital, the same company that runs Trump NFT Cards.

Because of this, we can now evaluate Trump NFT Cards based on the expected future value of any $TRUMP airdrops:

Market Cap of Trump NFT Cards = % of $TRUMP allocated to NFTs

With $TRUMP at a $30b FDV, the market is pricing in ~0.24% ($70.7m / $30b) of the supply being airdropped to the NFTs. In other words, the market is currently not expecting an airdrop.

I think this view is largely wrong. It is incredibly unlikely that all 80% of the allocated supply will go to insiders. Even if you think Trump's goal is to maximize profits, dumping 80% of the supply will crater the price and is not the optimal way of achieving that.

I have no idea if Trump NFT Cards will get a $TRUMP airdrop, but the r/r is incredibly great here IMO.

[OVO @0xDrizzy]

A few extra points that I'd posit make Trump NFTs potentially the best vehicle to express this trade by Nov-24:

- they were literally issued by Trump, himself. No memecoin organization, no anon group... Donald Trump, himself

- mainstream bear case to date has been perpetual dilution from new collections as drag on price / attention. counter to mainstream CT perception, there is 0 dilution left prior to elections. Every collection launched in past few months (e.g., Digital Trading Card Set 3 in Dec-23, Ordinal's Collection announced in Jan-24, etc... ) has secondary trading restricted until Dec-24... one month after the election

Link: https://t.co/Sac0ftNMlJ
Read 7.f. re:transferability. Ordinals drop had same clause in terms

This artificially fixes circulating market supply through the election... we know how fixed supply pool + deep catalyst paths historically play out in liquids ;)

- his first collection ever (Digital Card Trading Set 1) has 47K units & a floor price of ~.3ETH... this implies a mkt cap of ~$30M. 13K holders, which means avg holder only owns ~1ETH worth. Only 2% of supply is listed (~1K units)... what's the ceiling, anon? Have you studied historical memecoin / NFT mkt gap-ups?

- current price sits only +6x over mint price of ~$99... listen to Trump at his speech during the first collection's Gala at Mar-a-Lago in Nov-23. When he talks about launching the collection, he explicitly mentions underpricing at $99, because: "I holders to to do great"...

Video:

now ask yourself... what happens when these pump to $2K? $4K? do you think Trump won't tweet about how well his NFT collection holders are doing? what happens when crypto comes up in a debate? do you think Trump won't mention his collection NFT holders have made +40x their money? what happens when they pump to $10K? $20K? do you think Fox News / CNN won't talk about trump NFTs going up +100x? what happens when his die-hard fans / holders tell the rest of their die-hard friends that they've printed +200x on Trump's NFTs? do you see the feedback loop, anon?

- secondary creator earnings = 10%... he's already made millions and these haven't even hit narrative nirvana yet. we are talking about one of the literal OG pump-lords of TradFi... wait till his NFT team tells him they're on track to trade $1B+ in run-rate volume. what's Trump's implied earnings, anon?

- why hasn't price moved a ton yet? whales can't touch this... they'd move the price with any moderate size they'd like to deploy... this is incredibly bullish, not bearish... as always, price action & liquidity are reflexive.... why would you listen to sentiment from CT whales who can't position into this yet? don't pay attention to what's on your timeline, pay attention to what's not on your timeline yet

- CT also has a poor historical track record at understanding what resonates w/ broader retail & experiences euphoric retail pumps (DOGE / SHIB, ADA, ConstitutionDAO, etc...). study what happens when a mainstream crypto instrument touches the mainstream news / press cycle... study what happens when meme narratives tap the retail consciousness in a way no tech-first protocol can

- the one knock on this trade is there are already a few NFT collections Trump has issued without secondary trading locked. Luckily, if you look into the collections, you'll realize it's pretty easy to pick one horse... First, eliminate all collections tied to redeemable, real-world gifts or without liquid secondary. That leaves 3 collections...

Trump Digital Trading Cards (first collection, 47K units at 0.3ETH floor): https://t.co/TThqrbfy06
Trump Digital Trading Cards Series 2 (second collection, 47K units at 0.04ETH floor): https://t.co/XlZaMJJmeJ
Trump Digital Trading Cards Series 2 1-of-1 Bonus Collection (second collection derivative, 50 units): https://t.co/m3dAMdb0W7

Keep it simple: OG collection is the easy pick. It will go down in history as the next US POTUS' first-ever NFT collection. This will go down in crypto history books. This will go down in narrative trading history books

- very few trades you'll ever experience with unbounded upside + infinite catalyst path throughout an entire bull-cycle run-up... look at the NFT art... don't midcurve this, anon

[OVO @0xDrizzy]

@chumbawamba22 @riddle245 What’s the rule change?

[OVO @0xDrizzy]

.

[Arab @YourFellowArab]

Arab Learns the Taliban Trades Memecoins 🇦🇫

[OVO @0xDrizzy]

Lots of confusion on the timeline. Prev cyclers view clips like below as top signals… where is the next dollar coming from? Barely broke ATH but retail already seems to be here in droves? Cognitive dissonance.

But indeed the memecoin supercycle just beginning

This cycle, “PvE” will be the great altcoin —> memecoin mkt cap migration. These flows will supersede net new retail flows. These flows are the next $. And they will push breakout memecoins so far higher than the average CT participant can fathom. VC vapor infra out, timeline influencer vapor in. A self-perpetuating motion

Watch memecoin mkt cap as % of total alt cap (memecoin dominance ratio)…

By end of cycle, honest vapor > dishonest vapor

@Rewkang @blknoiz06 @0xLawliette @blockgraze @kelxyz_ @Pool2Paulie @TyrogueD @Evan_ss6 @AviFelman @jvb_xyz @Fiskantes @cobie @smartestmoney

[OVO @0xDrizzy]

.
https://t.co/f4c8CL71gb

[OVO @0xDrizzy]

@fejau_inc gods work

[OVO @0xDrizzy]

@scobyn11 @stanthecup @MustStopMurad BLESS US FATHER @MustStopMurad

[Stan @stanthecup]

Father @MustStopMurad, Bishop of SPX6900

Bless us with your presence in the Church of Stan.

#projectaeongiveaway #SPX6900

[OVO @0xDrizzy]

@fejau_inc @BankUnlimited can you explain this please. thanks!

[OVO @0xDrizzy]

@0xTecton i under $stan

dm me

[OVO @0xDrizzy]

@fejau_inc @AviFelman Sounds like their offense wasn’t good enough

[OVO @0xDrizzy]

@fejau_inc @AviFelman In crypto the best defense is a good offense

[OVO @0xDrizzy]

@chumbawamba22 @blknoiz06 Eventually yes. Still think we’re very early in return compression relative to what you’re comping against

Why wouldn’t best traders in crypto handily outperform 15-20% annualized if you’re proposing the next 10 years of “beta” alone annualizing at 25%+

[OVO @0xDrizzy]

@blknoiz06 @chumbawamba22 The best traders in the world pre-crypto*

[OVO @0xDrizzy]

@0xMentalIllness What types of equities do you trade. DM if you wanna bounce ideas