By now you already know I called $hmm at 60k mcap and rode it all up to the top
I am not ashamed to say I clipped some profit at the top, that’s the only way to stay profitable
However I bagworked $DoW from 4k to 800k, and I’m holding my full bags at this levels.
Why? I want to show you what happens when you hold. Watch a 6 fig pnl on $dow soon
Still 100k
0x20Aa6E63076EE856F46bb31f7D30E60B335B11E9
i think the interesting thing about this cycle is that the market keeps trying to make memes more complicated
ai agents, apps, mechanisms, ecosystems, whatever comes next
but the core mechanic hasn’t really changed
people still rally around something they find funny, recognizable or culturally relevant
which is why i keep coming back to $DOW
there’s nothing to explain
you see the dog, you understand the meme, you decide whether you believe it can become culturally relevant
if dogs become the next major rotation, i think the simplest representations of that narrative are going to be the ones people gravitate toward
and right now, the market is still heavily focused elsewhere
the interesting thing about memes is that the biggest ones usually look stupid right before they work
if everyone already agrees that a dog is going to run, there’s no asymmetry left
the interesting part is when people look at $DOW and think:
“it’s just a dog”
“this has already been done”
“there are too many dog coins”
“surely this is topped”
that’s the disagreement
because if the market is completely convinced something is going up, most of the buyers are already positioned
the bigger moves happen when half the market thinks you’re an idiot for buying it, while the other half keeps accumulating
pepe was “just another frog”
moodeng was “just a hippo”
pnut was “just another animal”
you can argue against almost every great meme before it happens
and that’s exactly what makes them interesting
maybe the dog is nothing
or maybe the market hasn’t figured out what it’s looking at yet
The market loves to underestimate the simplest ideas.
One ticker, just one ☝️ that’s all it takes
Then suddenly everyone is talking about it.
$DOW is still early.
i have a feeling the dog meta is going to catch people completely off guard
not because dogs need some complicated thesis
it’s literally a dog, a dog on wire
people see it once and immediately understand the meme
that’s usually enough