1/4 — The thesis
My $WALLET thesis has changed.
I don’t need Robinhood to announce:
“$WALLET is our token.”
In fact, that may defeat the entire point.
The more interesting outcome is $WALLET becoming a credibly neutral commodity native to the Robinhood Chain economy.
Robinhood builds the playground.
Builders build the infrastructure.
Agents generate the activity.
$WALLET becomes the commodity moving through it. 🧵
With a coin like $wallet you get to see really how uneducated people in the trenches are.
Almost all the bears don’t have valid points that take everything into consideration (onchain finds) and at the highs most of the bulls don’t either lol
If robinhood didn’t authorize $wallet it wouldn’t have been a top coin on the chain this whole time. Chart looks great. Smart Money is accumulating.
. $wallet
"the user"
Only a few understand that we are coated before we are deep fried with wealth.
Oh and btw: Robinhood is building world's first regulated distribution layer of tokenized traditional financial assets on-chain for both own users and third party users. $WALLET will be the native asset for transactions made, Robinhood Wallet will be the wallet for TradFi on-chain.
Remember on September 17th when the SEC announced an exemption on tokenized stocks in America, and simultaneously the purple Robinhood feather logo appeared on $Wallet within the Wallet App itself?
Yea, I remember.
It wasn’t a coincidence.
gWALLET 🪶
“He could have solved world hunger instead of building a flying car”
My brother in Christ,
In 2021 the UN claimed they could solve world hunger with $6 Billion.
Elon offered them the $6 Billion if they were transparent with where the funds were going.
The UN never took his offer.
Just a friendly reminder that $WALLET broke above the minor downtrend.
It's now testing the major downtrend and is about to form a Golden Cross.
Just sayin'...