FrescO👁‍🗨

Ludomaniac, playboy, and just a good guy |

[FrescO👁‍🗨 @FrescoHide]

How do you make a lot of money?

Work harder, kid

I can also give you some tips🔽

[FrescO👁‍🗨 @FrescoHide]

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[Unipurrc (AKA 'Purrc Guy') @theunipurrc]

'PuRrCy cOiN iS nOt A gOoD mEmE'

we literally have larps whose every so-called 'good meme' barely touched 8 figures in market cap and then slow rugged to zero for the better part of a year

now trying to tell us what qualifies as a 'good meme' and what doesn’t

meanwhile, the market keeps sending a very clear message:

i.e. $PURRCY coin is the anointed PvE play of this year, just like $PEPE, $WIF, and #FARTCOIN before it... and it’s on a trajectory to multi-billions, GOD WILLING

CT is the only place where 'experts' with zero successful trades to their name larp as the arbiters of truth, pretending to know what makes a meme 'good' even if contrary to what the market decides:

'hey, look at me... all of you are fools and do not know what a good meme is. i'm smarter than the market and will solely determine what's a good meme!!!'

these are the same people who hated $SHIB last cycle and faded it all the way to $40 billion+

they’ll do the exact same with $PURRCY —fade it, mock it, then submit at the pico top

just as it is destined!

[Chaotic Sol ⚛️ @goditsaustin]

@theunipcs Purrcy has arrived

[FrescO👁‍🗨 @FrescoHide]

@guidogamble

[FrescO👁‍🗨 @FrescoHide]

It only costs $3.99
We are $purrcy

[FrescO👁‍🗨 @FrescoHide]

Gm ma $purrcy gang

[purrcy @purrcyforsale]

its a purrcy universe and ur living in it

[D @guidogamble]

@NowMiri ITS TIME TO BID THIS PURRCY

[FrescO👁‍🗨 @FrescoHide]

This is for all jeets of this Bluechip

$PURRCY CAN'T STOP WINNING

[FrescO👁‍🗨 @FrescoHide]

@blknoiz06 Dont be a pussy
Buy more $purrcy

[FrescO👁‍🗨 @FrescoHide]

@slingdeez Dont be a pussy
Buy $purrcy

[FrescO👁‍🗨 @FrescoHide]

Dont be a pussy
Hold $purrcy

[FrescO👁‍🗨 @FrescoHide]

Yo

[FrescO👁‍🗨 @FrescoHide]

Let's be financially responsible
Buy $purrcy

[Shual @0xShual]

My honest take on the $pump token launch:

1. It is utterly moronic to separate @pumpdotfun from other competitors. It is even more moronic to assume that competitors will do well, if $PUMP were to fail. In other words, if $PUMP fails, so do all the others. If you're in launchcoin or bonk or whatever, you should WANT $PUMP to succeed.

2. https://t.co/gVN74x5T9m is a for-profit business. Shocking, I know. It identified a problem, positioned itself to solve it, showcased a unique ability to both deliver and grow, and that made them a lot of money. I'm confused as to how that's a bad thing? Are we not in the business of wanting to own the best assets? I, for one, would love to own a remarkably profitable company with historic revenue and growth figures. What's preferable, another overvalued L1 with no real users? Another lending & borrowing copycat? DEX copycat?

3. 'Pumpfun is extractive. They made $750m, sold $SOL to stables, they're greedy bastards that want to max extract even more from the ecosystem'. What is this childish outlook? Would you operate a unicorn business by holding the revenue generated in such a volatile asset? Would you not periodically sell it to a currency you can use to pay salaries and providers? If they held $SOL and drewdown 50% you would call them names. Being financially logical is not a dig.

4. 'But if they made so much money, why even raise more? Is that not extraction? Again with these asinine takes.
Do profitable companies never raise more money? Do they not have growing capex, aspirations to grow even bigger, expand vertically and horizontally? Why would you not raise more money if you're able to, and allocate that money towards growing even bigger and more rapidly? Did OpenAI not close a $40 billion raise despite their revenue numbers growing at an insane pace? The same goes for every other company. You raise money because you want to leverage the capital to GROW EVEN MORE. It's not such a bizarre notion.
Well, maybe for CT it is.

5. 'This is a liquidity blackhole type event, it's bad for memes, bad for Solana, bad for the ecosystem'. So the argument here is that it's such a desirable asset, that just its imminent launch is enough to cause people to sell the assets they're less convicted to hold for now, that *it's a bad thing*? Are you people fucking mental?

6. 'Memes are dead. This will be the last hurrah. Pump's revenue numbers and KPIs are all in decline, and this is their last chance to extract before they become irrelevant'. I'm dying to see how quickly the timeline will do a 180 once they get airdropped heaps of free money, or when pump announces their new product suite, vertical and horizontal expansions, and revenue accrual to token holders. Memes are dead until everybody gets a fat stimmy, the underlying token pumps and creates a wealth-generation effect, people get % of the revenue just for holding the token, and new users come through new products like mobile integrations, live streaming and partnerships with the largest names in the world. (Which, you guess it, is made possible by RAISING A FUCKING LARGE AMOUNT OF MONEY)

At the end of the day, it's very simple. Ask yourself, 'what tokens would I, in theory, like to own?'.

For me, the answer is simple: not many. I don't hold many tokens at all. What I do decide to hold, I hold based on two things:
1. Does it have a strong narrative, and will others buy into that narrative? (more short-term, momentum-driven. Think fartcoin)
2. Is it an actual growing business, with real revenue numbers, that might sustain and grow over time, with proper value accrual mechanisms to token holders?

The tokens that fit #2 are few and far between. The likes of $HYPE, $AAVE, $JUP, etc. Even $RAY and $CAKE can be considered. Tokens that represent the next real stage of this not-so-nascent-anymore industry: the growth stage.
Not the early stage, 'let's all do super low-float-high-FDV venture deals in hopes of 1000x and selling promises'. The growth stage, where you assess which tokens will be crypto's SP500, or the 'Magnificent 7'. Which you might want to own for a year, two, perhaps more.

To me, $PUMP fits the bill way more than 99.999% of tokens out there. And I think it's fairly priced, if not cheap, at $4 billion fully-diluted.

[FrescO👁‍🗨 @FrescoHide]

Today meta POV:

[FrescO👁‍🗨 @FrescoHide]

Gm $stock man