just a cat on Hyperliquid. 🐱
Website is live
🌐 https://t.co/vBDfCFF6Xk
🛒 Buy on PerpMe:
https://t.co/X9L1WOPLRZ
📜 CA:
0xa0e0ce74d20975b025260109ff3a27ab96640999
update on my HyperEVM positions
> peak uPNL on egg + chameleon was $90k
> roundtripped my entire bags and went down $10k on each
something I was concerned about with the motion launchpad was that even though 0 fees are nice, liquidity fees are a needed externality to create higher floors & stability for memes
even though Egg & Chameleon had tens of millions of volume, their liquidity never grew, allowing for extreme drawdowns
I have now sold those positions and purchased $PerpMe (Launchpad) and $CPU (leading meme)
everyday we see another Launchpad going to 8/9 figs and insane cross chain volumes
Motion had no token. Owning the casino is a powerful alignment tool that encourages high net worth users to interact with your eco to pump their launchpad bags. This alignment makes me think people will gravitate to PerpMe over Motion
PerpMe also allows for stock pairs, which has been meta recently. CPU (cat processing unit) is paired the NVIDIA stock on HyperEVM. Maybe not so innovative, but tbh I think right now it’s just about fitting the mold and being early to the eco
will update these positions win or lose as I always do once there are any developments or I close them out 🫡