It's happening....
Same playbook as Robinhood, although this time it's upsidedowncat-3:native as the obvious PvE #1 meme on @arc instead of cash-cat:native on @RobinhoodApp
Breakout time for the upside down cat. Early.
The USDC stablecoin rewards are ridiculous on this too, thank you @Arguspad.
@EricCryptoman@fomo You really inspire me Eric to always work hard and you are the greatest person I have ever met and I learn a lot of new things from you and I always follow your trades
bullish on $USDC
bullish on $FLORK
MY FOMO: DelonTyt
Hey @theunipcs I just lost my $2000 and I intended to register and create a fomo account on Chrome and wanted to enter your Ref code but I got hit by a fraudulent link so all my $Useless tokens were sent to a wallet I don't recognize
'hE iS aN iNsIdEr'
CT would rather everyone be poor than see someone take a winning trade
being a smart trader ≠ being an insider
$MEME is only a few days old
a lot of early holders got in sub $1m market cap
my average entry is around $45 MILLION market cap
i've spent $500k+ accumulating gradually over several days
this is NOT how an insider trades
if i was an insider, i'd have bought sub $1m and sold above $100m
instead, i first saw $MEME below $10m and faded it
then watched it rip to $150m within a few hours while i was completely sidelined
that's when i realized:
this could be one of THE defining memecoins of the cycle
why?
because $MEME sits directly at the heart of what i believe is the greatest narrative in the history of memecoins:
meme/stock
the meme/stock meta is already fueling some of the biggest pumps we've seen across crypto
$AI on Robinhood hit $320m
$MARSCOIN on BNB hit $260m
solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx on Solana hit $220m
and i don't think this meta is even close to mature
it's still in its infancy
more importantly, it's bringing an entirely new audience back into memecoins
not just degen memecoin traders
but RWA enthusiasts, retail traders and outside observers who are starting to believe that memes can actually mean something
i mean this is a meta crypto billionaires, CEOs of the biggest CEXs & blockchains, and even tradfi entities and hedge funds are keenly paying attention to
these people have deep pockets
and this is happening right before what could be the most explosive alt season of our lifetimes
now look at where $MEME sits
$MEME is at the center of the debate between Vlad Tenev, the founder of Robinhood, and the AMC CEO over the legality of meme/stock tokens
that debate could become one of the most important catalysts for this entire meta
it either kills the narrative
or legitimizes it and sends meme/stock tokens into an entirely new phase of growth
if the latter happens, $MEME has the potential to reach billions in market cap
and the memetics are almost too perfect:
- the narrative is literally 'A Meme Coin'
- the golden $MEME ticker is instantly understandable
- AMC is a mainstream entity that normies already know
- Vlad Tenev is one of the most recognizable figures in retail trading and the face of Robinhood
- this debate could generate mainstream attention for months, and memes thrive on attention
then there's the Robinhood angle:
if this meta keeps exploding, i expect $MEME to eventually make its way onto Robinhood
remember:
Robinhood helped send $DOGE to an $88 BILLION market cap last cycle
they already gave millions of retail users their introduction to memecoins
now imagine those same users opening Robinhood and seeing a token literally called:
MEME
the meme writes itself
and if the meme/stock meta starts impacting actual stocks or triggering another short-squeeze phenomenon?
study 2021.
you'll understand why i think this could go MUCH harder
this is why i sized into $MEME
not because i'm an insider
because i think i'm watching a new meta form in real time
and $MEME is sitting directly in the middle of it
i wasn't even planning to publish this thesis yet
i wanted more time to accumulate
then Vlad Tenev randomly followed the account today and $MEME started flying
so i figured:
might as well tell you what i'm seeing
and to everyone calling 'insider' every time i catch a winner:
if i was an insider, i'd be buying the lows
not spending $500k+ accumulating around a $45m average market cap
i've never insider traded a single token on fomo
yet i became the first account to hit 8 figures on the platform
and the first account to hit 8 figures on a single trade
my FOMO portfolio hit an ATH of $28 MILLION late last week despite me being on the platform for less than 4 months
i don't think ANY other account has sustainably crossed the $10m mark
and my PNL on the 7D / 30D / ALL timeframes sits comfortably above 2x the next runner-up
not from one lucky trade
from a basket of trades across EVERY major blockchain
- Robinhood
- BNB
- Solana
- Base
i've caught the biggest winners on each
and i've put out clear theses for them at the lows before they moved
if that makes me an 'insider' then apparently i'm so connected that i can call the shots at EVERY SINGLE MAJOR BLOCKCHAIN IN THE WORLD
nah
there's a method to my madness
and you can literally watch me execute it in real time on fomo
better yet, join through my ref link and start learning:
https://t.co/J39grZN8rY
this cycle is still in its early innings
you still have time to change your fortunes
and i'm running a $350k giveaway for active refs
maybe you end up catching the next one too
don't say i didn't warn you
i'll admit:
i haven't been very optimistic about Solana recently, and i've been quite vocal about it
in fact, i have a thesis written on why i think RH & BNB Chain outperform while Solana loses significant mindshare/marketshare this cycle
i wrote the draft last week and have just been too busy to edit it
i think it's probably the longest thing i've ever written for X 😅
but my bias is starting to change
i'm beginning to lean bullish on Solana and the Solana ecosystem again
at least much more bullish than i've been over the past few months
and there are a few reasons why:
1. Solana is starting to embrace the trenches again
i have zero exposure to $STONK or its ecosystem
i actually faded it because i assumed Pumpfun would launch a similar feature and kill it early
but i've noticed Solana leaning VERY heavily into pushing STONK and its ecosystem over the past week
so much so that both STONK and another token launched on it have hit $100m+ market caps within the past week
IMO, this is a clear sign of a cultural shift within Solana
it looks like they're becoming much more willing to encourage and incentivize projects that can actually help their ecosystem grow
this is BY FAR the recent development i'm most bullish on
not because of the token itself
but because of what it potentially represents:
a cultural change coming from the top down
2. Solana leadership is paying attention now
they actually reached out to me and wanted to chat about how they can better align with the trenches
i had a very constructive chat with @vibhu today 🫡
i think this is a pretty big deal
nobody could force them to reach out if they didn't want to
but they clearly recognized that something wasn't working and wanted to understand how they could improve it
that makes me significantly more bullish on their leadership
huge props to @mst1287 for facilitating this btw 🫡
3. Solana is taking a much more active stance towards supporting its ecosystem
i think a lot of blockchains are starting to learn from Robinhood and @vladtenev 😅
the StonkFun example i mentioned above is one example
another is Solana's official page acknowledging solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk just hours after i tweeted that it had received zero acknowledgement from them
and it wasn't just the official page
@toly himself acknowledged it
those who know me know i have a very soft spot for solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk
but i'm bullish on this move from Solana leadership for reasons that go far beyond my bags
it's about the message it sends
solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk is by far the best-performing new token to have launched on Solana since it went live
it deserves the acknowledgement!
Solana is obviously a decentralized blockchain
it doesn't need, and shouldn't try, to kingmake projects
but if projects and communities feel like they have a genuine & equal opportunity to receive recognition when they do well, more builders and trenchers are going to rally behind the chain
and that is VERY bullish for Solana
as i've consistently said throughout all of my criticisms of Solana:
my issue was NEVER the infrastructure or the technology
Solana has some of the best infrastructure in crypto and one of the strongest network effects we've seen in this space
they've also provably scaled and battle-tested an absolutely insane amount of traffic in an incredibly short period of time
i mean, nothing beats the traffic from U.S. president launching a coin on your chain 😅
my issue has always been the culture
specifically, how extractors seemed to have a chokehold on the Solana trenches to the detriment of users
but Solana leadership now seems to be responding to that criticism by getting into the trenches themselves and actively working to fix things one by one
and THAT is what is changing my mind
as for the thesis i wrote last week that was extremely bearish on Solana relative to RH & BNB Chain:
i've chosen to send it to Solana first before publishing it publicly
for a few reasons:
- i'm seeing changes that make me more optimistic than i was when i wrote it
- this makes me feel that there might be things being worked on that i'm unaware of, and i'd hate to be biased against them without having this context
- i might have some ideas that could help Solana maintain its edge, and since they reached out to me, i figured i should share them first
- if i do publish the thesis, i want to make sure i accurately represent the Solana side
because ultimately, my goal is to help my followers make the most money possible by identifying and positioning around the right trends
getting this wrong could cost both my followers and me
so yes, i still reserve the right to publish the thesis
and i probably will eventually
but if i do, it will be a much more balanced piece than the one i originally wrote
my Solana bias is changing
and i will keep you guys updated on my unbiased thoughts in due time!