$Basecat didn’t come to Base to be cute.
It came to run meme szn.
Traders are still waiting for confirmation.
The cat already bought the dip.
@brian_armstrong@jessepollak
Sirius, the doge star, is a real star and now a real memecoin.
The memecoin @DogestarOnRH, registered the star, supporting @vladtenev's tweet:
https://t.co/7rWoaPYRqi…
https://t.co/Nxlvjc81Eo…
CA: 0x3b4a0048a00787a644932cd648faa043410c163e
The biggest stock-paired memecoin narrative paired with $GMEB (GameStop’s bStocks tokenized stock), on #BNB Chain is memestock-3:native, and it’s now going through its first major retrace, just like we’ve seen with other major memecoins.
GameStop is pumping, stock-paired memecoins are taking centre stage on @BNBCHAIN, and more people are starting to talk about BNB Szn.
We all know @Convictioncap_, that CTO’d @MemeStockbnb, recently faced some major internal issues that resulted in several whales with no integrity dumping on the community, imagine dumping on people they brought in themselves into the memecoin.
The worst part of it all was that memestock-3:native had such great momentum at the time and was ready to break out, but egos took over instead of doing what was right for the community.
Anyways, we move on, and what is important is that the believers remain, and the community is rallying behind memestock-3:native with the conviction that we break ATH again and eventually get listed on Binance Alpha.
That conviction includes top holders like @PoorGoat_ and @theunipcs, who continue to hold and haven’t sold a coin. I know they have the integrity to support the community, which deserves all of our support to help memestock-3:native get back on track and break into mid-cap levels.
The good news is we’ve seen over 15% of supply change into good hands, with the excess moving into the liquidity pool, which has now increased to 8.7%.
This means all the memestock-3:native community needs to do is buy into the liquidity pool, squeeze the circulating supply, and get full control back into the hands of the community, and we could see big momentum breakouts happen fast.
While memestock-3:native is under $1M MC, IMO, this is the perfect opportunity to accumulate a decent amount of supply % and potentially position yourself for generational wealth. 👀��
Also keep in mind, CZ has interacted with one of my memestock-3:native post, and memestock-3:native was a Top 3 BNB Chain stonks-ranked stock-paired memecoin. IMO, we were already on the path toward getting listed on Binance Alpha.
With one breakout, we could be right back on that pathway. 👀
Attention is Attention even if it is negative one. The more you out fud post, you are still talking about it and your are putting $SI in to people eyes
All am saying is continue. The people with little brain even with fud post they will buy. Because I didKeep posting about $SI
i checked X today for the first time in a while
and the obsession with $SI is crazy
$SI literally has the highest memecoin mindshare in all of crypto right now
a lot of it is FUD from people who feel threatened
a crazy amount is coming from $AI holders
another portion is from holders of other coins who feel $SI threatens their bags
and then there's the camp saying it's dead because it isn't already at $100m
even i thought $SI had good odds of hitting $100m last week
it didn't, but still hit $70m, which is crazy impressive given how this market has been
it's mostly ranged and consolidated since, which is healthier
but calling this 'dead' here lmao?
i had to zoom out
then zoom out again
1. $SI was literally trading below $2m market cap just ONE WEEK AGO
read that again
it's now up AT LEAST 15x, or 1,500%, in one week (even with this pullback!)
and an army of some of the biggest influencers in CT wants you to believe it's dead
name ONE memecoin of the same age that has performed better
just one
and btw, $SI is literally TWO WEEKS OLD
2. since so much of the FUD is coming from $AI holders, i checked what $AI's early days actually looked like
it took $AI:
- 40 days to hit $30m for the first time
- 44 days to hit $70m for the first time
$SI hit $70m barely ONE WEEK after launch
and $AI had:
- two 90% dips
- AT LEAST five 50-80% dips
$SI hasn't even had a full 60% dip since launch
so watching someone holding $AI attack $SI while it is correcting with the 'it's dead' FUD is pretty funny
especially when $SI has consistently done over $10 MILLION in DAILY onchain volume for the past week
it's literally doing ~$13 MILLION in 24h onchain volume as i write this
oh, and it's funny how they've all suddenly become the $SI expert when they missed the whole trade and fudded it from $2m to $70m
sometimes you just need to zoom out and do your own DD instead of blindly accepting the narrative pushed by people with vested interests
i wish $AI the best and hope it does well
i have several trencher friends who have been very cool to me holding it, so i don't want to see it fail
Nathan, the Long eco founder/main AI figure, also published a very insightful post yesterday that clearly shows his vision
you can see how strategic and longsighted he is
it would be much better for the AI community to align with that vision and push the right narrative instead of spending multiple posts a day fudding $SI and telling everyone it's dead
because all that does is make them look threatened
and that makes you ask...
why are they so threatened?
it also isn't a great look for their bags
and could backfire when $SI starts its next leg up
i'll end with this:
i've documented my trades publicly for years
and i have NEVER won by taking a consensus trade
not once
every trade i've taken was hated and heavily fudded
people only started glazing and aligning AFTER those trades shattered records and proved the consensus wrong
just an observation
i think one of the biggest mistakes you can make this cycle is letting everyone else decide what you believe
people will tell you something is stupid at the bottom
call you lucky when it pumps
and then tell you it was obvious after the move already happened
at some point you have to do your own research and build your own conviction
even if everyone around you thinks your thesis is retarded
that doesn’t mean blindly marrying a coin
it means understanding why you own it before everyone else’s emotions start becoming yours
that’s how i’m looking at $BASECAT right now
it went from basically nothing to almost an $80m market cap
and now it’s sitting around $12-13m after an 80%+ drawdown
sentiment cooled off
attention cooled off
people who loved it higher suddenly question it lower
but Base didn’t stop building because the chart went down
Base is still trying to bring stocks, commodities, perpetuals, prediction markets, payments, stablecoins and basically every major asset class onchain
Coinbase Tokenized Stocks are already live on Base
Coinbase itself lists $BASECAT
and Base’s own strategy literally talks about rewarding projects that bring more users and volume into the ecosystem
so my thesis isn’t that BASECAT magically goes up because Base succeeds
that’s lazy thinking
my thesis is that if Base becomes one of the major places people actually trade and use assets onchain, the strongest native cultures and memes sitting inside that ecosystem have a chance to capture a disproportionate amount of the attention
and every cycle has coins that look completely ridiculous until they aren’t
DOGE looked ridiculous
SHIB looked ridiculous
PEPE looked ridiculous
nobody knows beforehand which one becomes the one
that’s why conviction has to come from your own thesis and not somebody else’s timeline
BASECAT still has real risks
it’s a memecoin
it’s volatile
liquidity can disappear fast
and being down 80% doesn’t automatically make something cheap
but that’s also exactly why the upside exists if the thesis works
i think this cycle is going to reward the coins that become symbols of the ecosystems people actually use
and if Base continues growing into what Coinbase is trying to build
i still think the blue hardhat cat has one of the cleanest shots at becoming that symbol
i’m not looking for everyone to agree with me
by the time everyone agrees
the trade usually looks completely different
Honestly Zoom out and believe in way larger horizon