ok so here are my full thesis on $NEAR and why i believe it's still insanely undervalued
near intents did 542k unique paying users in the last 30 days. half a million ppl paid actual fees to use the product. no points farm no airdrop hopium no incentives subsidizing volume. they paid because it WORKS
now you stack the rest:
- $19.2b cumulative swap volume
- $33.5m in real protocol fees
- 25.6m total swaps executed
- $51m+ daily volume running rn
- usdt and usdc are 53% of 24h flow which means agentic stablecoin commerce is live in production
most of crypto talks about yield, token gets airdropped stake to earn 200% apy price dumps the second emissions stop exit liq acquired
well near intents is the opposite shape
users pay fees because the product works fees route into $near buybacks loop closes without subsidy
542k paying users. $33.5m in fees. $3.1b mcap. ZERO unlocks ever.
now lets talk about why $near fits both in privacy x AI meta
privacy meta:
every privacy coin uses near intents. near is the picks and shovels of the entire privacy run so far. ironclaw and https://t.co/vWukrNH172 integration brings confidential computing aka verifiable private ai inference. if privacy keeps running near eats regardless of which coin wins the surface narrative (see where i am getting at?)
ai meta:
near has been heads down on ai for 4 years from a blockchain angle. they were the only crypto chain invited to the nvidia conference. not pay to play. personally invited by nvidia. that doesnt happen by accident
so you have a chain that:
- is foundational infra for the two hottest narratives in crypto (ai and privacy)
- ships a product doing $51m+ daily volume with no incentives
- routes real fees into buybacks
- has zero unlocks ever
- sits at $3.1b mcap
yes sure there is dilution. but even at current inflated supply $10 is ath fdv. thats 3-4x from here just to retag ath while they execute on the two narratives the entire market is rotating into
ai agent revenue hasnt even started flowing yet. intents is already cash flow positive without it. when agentic commerce scales near is the rails everything runs on
that's pretty much it, thanks for reading my yapping
end talk
- Loshmi
solana:6D7NaB2xsLd7cauWu1wKk6KBsJohJmP2qZH9GEfVi5Ui - Shark Cat
was the first viral cat meme to secure IP rights (intellectual property rights) of the meme it represents. Nala is the Guinness World Record holder for the world's most famous cat on Instagram, with 4.5 million followers.
SC had a surreal rally back then to nearly a 400M ATH and already proved the kind of potential this token has. To me, it’s one of the top 10 Solana memecoins of all time and has a very good chance of making a comeback, especially with so many other OGs currently having their resurgence. Undervalued.
Lore:
https://t.co/YvPd76Uw5z
🦈🐱
767 days ago I bought my first shark cats.
I didn’t know it at the time but I had stumbled upon my spiritual identity.
It’s hard to explain the special place the shark cat has in my heart.
But, it’s often joked about within my family and by my wife (light heartedly ofc, she’s my literal best friend)
my oldest son has even given me hand drawn shark cats for two years in a row on my birthday and Father’s Day.
I have on several occasions went to adult events in my shark cat shirt lmao
I drink coffee most mornings out of my shark cat mug and have nala in her shark cat plushie on my desk along with the actual shark cat hat in my closet on one of my shelves lol
There is just something about shark cat I can’t really explain but it draws me in a way nothing ever has in my entire life.
It’s light, it’s care free and it’s just a beautiful idea.
I remember when shark cat first launched.
I remember the fear of selling too soon, I remember the remorse of feeling like I may never be able to get those shark cats back. I remember wishing for a second chance at accumulation.
I’m thankful it was granted to me because as delusional as it sounds I’d rather have less fiat and more shark cats.
I more or less feel the same about shark cat as I did two years ago.
I have definitely had moments of weakness because Memecoin volatility is absolutely brutal but I have to follow my heart and stay true to myself no matter what.
That means staying true to the mf shark and the beautiful sharks still swimming.
Love is a wild thing.
I’ve been blessed to find it in abundance IRL and in this special place - the shark cat that we call home on the inter webs.
cats a mf shark.
4 EVER. solana:6D7NaB2xsLd7cauWu1wKk6KBsJohJmP2qZH9GEfVi5Ui 🦈🐱🦈🐱🦈🐱🦈🐱
had some fiat and a bottle of Jack
till I found the shark cat and I never looked back
like a river that don’t know where it’s flowin
I took a wrong turn and I just kept goin
everybody’s got a hungry heart
everybody’ needs a mf shark
lay down your money and you play your part
everybody’s got a hungry heart
chomp chomp 🦈🐱❤️ $SC
The shark cat hasn’t missed a daily meme post in two years.
Never forked its community for another chain.
There is only one CA for eternity and Nala Cat helped make that a reality with the IP being secured.
Cats are the sacred cornerstone of internet culture.
Sharks are one of the oldest and most resilient species on our planet.
The mf shark will never stop swimming.
4EVER $SC 🦈🐱