$BRETT with a sharp 64% rebound. Insider schemes to control supply and manipulate price are bullish in crypto. It’s the formula to get listed on tier 1 exchanges. It’s actually terrible to see but as a trader there’s opportunities to identify and capitalize on these situations.💁
I’ve been seeing a lot of FUD on $BRETT lately and here’s my take on it 👇🏼🧵
After reading a few threads about supply and possible percentage of how much the team holds (which I’m not techy enough to verify) it kinda makes sense as to why the charts performed better than any other token on @base
It reminds me of when $PEPE in the middle of the bear market last year hit $1.5 Billion marketcap without rhyme or reason - it just went parabolic 🤔 why?
No one knew how that happened, there were many $PEPE coins launched before that one - so why did that work?
My only conclusion is that the team also held a lot of supply and protected it from getting sniped up and botted early on (even blacklisting an early wallet) which would’ve killed the project before it had a chance to build up and take off.
If you knew a project would hit $1 Billion and go beyond safely, zero risk of a rug, regardless of how much supply the team held would you buy it? If you knew the team was responsible enough to only take small profits as it continues to organically grow overtime going to $10 or $20 Billion?
The biggest fear people have in any meme coin project is that it rugs, the team abandons and stops working on it. The scariest part is not knowing if it’s a good team behind it building.
If I launched my very own meme coin people would buy it because they trust me and I can guarantee that it would be safe, because my face is behind it.
There would be zero risk for you right?
Well I’m not - but hypothetically that’s why you would buy into a project early, same concept applies to stocks and buying into a startup company early because you believe the leaders know what they’re doing and will help it grow.
As far as I’m concerned the $BRETT team has done an incredible job so far, taking a project from $0 to $850 Million dollar marketcap, with multiple top wallets holding millions and millions of dollars and none of them are dumping.
If anything that makes me even more bullish on it because maybe the team is bigger than we all think it is and will continue to build it into the bullions and the vision for this project is bigger than we all realize.
I try to think about things rationally and logically. If the team really held that much supply and didn’t dump at $850 Million mcap what makes you think they would do it now?
It just doesn’t make any sense.
Yesterday felt like a coordinated attack from projects that aren’t particularly doing too well on @base chain right now and $BRETT is an easy target because it’s been holding up better than everyone else.
As far as I see it I hope you bought the dip down to $250 Mil yesterday because it already bounced back to almost $500 Mil today (an easy 2X already) and if the team keeps doing what it’s doing then this is really going to send to the billions and you just missed the best entry point possible.
Get behind a winning team that’s proven.
TLDR: I’m still holding all my $BRETT 🤲🏼💎
If you’re on Warpcast, you’ve seen $HIGHER, a self-described community of optimists (which is absolutely our jam) and I’m an unabashed fan of their aesthetic and visual language (it doesn’t hurt that @LGHT is involved). When I asked Martin what the ideal canvas was, he said “Green and white, lots of arrows, people doing some hard things (climbing mountains, running, working, paragliding) as a community, going higher, together.”
We loved that. So, that’s the prompt.
Today is an experiment in a couple of different ways.
1. This is the highest number of colors we’ve ever had. Appropriate!
2. In addition to $HIGHER minting canvases, artists will also get airdropped $HIGHER at the end of the day.
Thanks everyone for today. Let’s go higher. :)
read and mint the deck from my lightning talk on based memes today
i believe memes are an important part of the onchain economy and am excited to see more based memes proliferate to help bring the world onchain.
https://t.co/hmrwNhjwF7
Another day, another token on @base analysis
Today's pick: @higheronchain
Top accounts are taken from @farcaster_xyz
$HIGHER : 0x0578d8A44db98B23BF096A382e016e29a5Ce0ffe
($HIGHER available to trade on Bolide App)
What next #memecoin should we analyse?
“When BTC goes down all altcoins go down with it.”
Well not all…
$Seam <- one of our plays we entered yesterday in Kaizen has been heating up regardless of BTC’s price.
If BTC was past the $65k range we could have easily seen $10-12 $Seam.
Best move is to be patient and wait for the next leg up.
I expect some more volatility with BTC over the next few days but still extremely long term bullish on the crypto markets.