@LaunchOnSF has been the only positive thing on the Solana ecosystem this cycle so far.
They have worked with all the different ecosystem technologies to all win together instead of trying to funnel all the winnings into their own pockets.
And we've seen it. Ray and Jup are both pumping, RWA volume is through the roof through all of the partnerships like @xStocksFi, @sunrise, and @Backpack.
They're created a flywheel with partnerships that is bringing volume and value to the ENTIRE Solana blockchain. This is what @toly has been dreaming of. This isn't just memes, it's using all of the incredible products that have been built throughout the years and we're seeing the culmination of that development bear fruit now.
STONK drives PvE back to Solana, not just for trenchers, but for the entire ecosystem.
STONK is the future of the chain.
Yeah I agree in general with the launchpad value.
But the buyback mechanism on fees to accrue value to the coin and the SEC ruling a couple weeks ago on that not being an issue is big (and a big part of why PUMP is moving now imo).
Even one token going to multi 9 figs generates enough revenue for buybacks to accrue value to the launchpad token itself.
Agree but people are always looking for betas and the launchpad itself as a beta is usually killer.
Same playbook that happened with STONK I feel.
ZC goes nuts, everyone is sidelined, mini eth szn through STOCKER that starts getting multi mill runners and tons of rev and reprices.
The asymmetry in STONK being so mispriced compared to its runners is what gave the conviction to turn it into a 1m+ PNL.
The same thing is happening on eth mainnet and it does look like zipcoin goes to 9 figs.
Place asymmetric bets.
ethereum:0x75e2fc69ff2ac12af65ba7d321bbf4f878c535d2
@AgentChud I am sidelined on hooked but also it increases the frustration at how mispriced stonk is.
All these other launchpads after stonk fly to 10x their top coins value which is what I expect, meanwhile stonk is always being valued way lower with massive runners and revenue
@issathecooker This is something I've wanted to complain about every year. Its genuinely awful. Even apple's scan this shitty point cloud and we'll transfer 10% of what you need over in 5 hours.