SNEAKO reacts to Nick Fuentes doubling-down, cooking Miami mayor, calling out Steiny, and exposing the hypocrisy of Miami allowing dr*gs, pr*stitution, gangb*nging, but not a song 😭✡️
"It's so refreshing to hear someone have the right opinion. Why can't Tate have said this?"
We've been heads down building the past few days working on the full marketplace integration, including allowing anyone to list their tokenized skins for sale.
Once this is in place, our full focus will be on increasing the number of onchain skins. As a reminder, 50% of royalties from skin purchases will be used to buy back $HUCH.
We also have started to work on the #1 requested feature by the community so far, more on that soon👀
The $HUCH thesis: as more skins get added, more traders will follow, driving liquidity.
Most are still sidelined waiting for proof of a sustainable revenue model so buying now carries more risk, but it’s also how you frontrun the crowd.
$HUCH at $3.2m market cap is one of the most asymmetric bets on Solana right now imo.
Down -73% from its $12m ATH, but the fundamentals + narrative are only getting stronger...
Here’s why 👇
1. The Founder Story
We all love a strong founder narrative in this space and that's exactly what Huch has.
The founder @dornag0x literally sold his laptop just to make it out to @MtnDAO in Utah.
Not only does this show true dedication but it also adds to the lore of the project and gives people a reason to buy into it.
Solana themselves even replied the laptop story:
https://t.co/OZQeXFssat
2. The Product
Huch is building a platform that brings CS2 skins on chain. This may not sound like much but the CS2 skin economy is already a $5B market.
I believe that what they're building benefits the user, the company and the token holders:
- User Benefits: Instant liquidity on skins + can take loans out at 65% value via using skins as collateral
- Company Benefits: Huch becomes one of the go to platforms in a $5B market
- Token Holder Benefits: 50% of all fees will go straight to buying back $HUCH
From a product perspective, we have a crypto native, gamer ready platform with a flywheel designed to increase token price over time.
3. TAM Expansion
At the time of writing, Huch is only providing CS2 skins but once they execute, they plan to expand beyond CS2.
This brings their total addressable market from $5B (CS2) to $140B (in game cosmetics).
For comparison, the Pokémon cards market is valued at $14.1B and the web3 leader in that sector $CARDS is at a $400m FDV.
I'm not denying that Collector Crypt is further along in it's journey, generating real rev, so they deserve the premium valuation for now. But if Huch executes, this can absolutely reprice into that same ballpark.
4. The Flywheel
Community buys skins → Fees buy back $HUCH → Buybacks fuel scarcity → Scarcity drives community → Community drives more skins.
That’s a closed loop with built in reflexivity.
Add gacha mechanics (immense recurring volume), and suddenly you’ve got a perpetual motion machine for both narrative + liquidity.
5. The Path Forward
The path forward also makes me bullish because it can be very straightforward:
- Launch Gatcha for recurring, casino like volume
- Clarify the buyback strategy
- Add buyback tracker on site (for engagement)
- Enter other games to unlock a $140B market
The pieces are on the table, they just need to be connected and if they are, we're looking at a $100m+ fundamentally sound project.
6. Repricing Potential
This opportunity reminds me of Griffain. Not utility wise, but in the sense of a standout, scrappy dev who Solana itself decided to back hard.
Griffain went:
$6m → $1m → $35m → $5m → $400m.
Price curves are never linear, but when the founder + product + narrative align, the upside is exponential.
Overall, $HUCH $3.2m project with a doxed, dedicated dev, $5B TAM, $140B expansion path, proven DeFi mechanics, community alignment, and a founder story built for Solana lore…
This feels criminally undervalued.
We road tripped with @weremeow across the ENTIRE COAST of Lebanon & introduced the country to Crypto using @JupiterExchange
Warzones, Ancient Cities, Jesus Miracle Grounds, & so much more 🇱🇧