yeah
robinhood CFO putting $cashcat on his bio + robinhood ceo being pro-memes + robinhood being the premier place for degens for the past 6 years + timing with robinhood chain launch + timing with fresh wealth effect from semis, ai capex rotating out
very risky though, memes
It is fundamentally vital for @vladtenev and the @RobinhoodApp team right now to continue to support and push momentum towards Robinhood chain re: memes.
We are witnessing liquidity leaving SOL and other chains to full port cash-cat:native and other memes.
What a masterclass by the guys.
It’s moments like right now where I’m thankful I put all that time into being on-chain.
The ability to bridge and swap on new chains when moments like the @RobinhoodApp coins started popping off is what we practice for.
Meanwhile, all my normie friends are “longing $HOOD at market open” because they are missing the action.
Would take hours for me to handhold them if not days.
Emberstone has been out for 13 days now, within that time we’ve seen
- 755k molten rock fished
- 50k brute horns acquired from mobs
daily emissions of
- 58k molten rocks
- 3.8k brute horns
thanks to under cutters i’ve managed to get my position to
- 150k molten rock (20%)
- 7k brute horns (14%)
this is not a shill for you to buy but rather me just thinking aloud & journaling about why i have the conviction i do on the utility here
- organized PvP guild competitions, paid out with @Pumpfun bounties
- smithing armor plates, which i believe is +75% chance of the use case for molten
- guilds coordinating to control Emberstone in their respective servers
- the potential of change to not being allowed to market list items in non-safe zones
in the event of a PvP bounty competition, you will have the top players all hyper fixated on controlling Emberstone and it will those that control the supply of molten rock that will succeed if it is indeed required for armor pla
lvl 3 tools and armor plating are not guaranteed to have the same durability of lvl 2 tools, i would expect the opposite, a more scarce tool with X amount of hits available (lets say 1k) would create such a massive sink for all resources required as it will be essential for rapid player progression and PvP success
the biggest issue with the economy right now is that mats are dumped for pennies, bank space is limited, and aside from molten/brute all materials are easily obtainable for farmers
but when you have a level permitting area where it requires time and dedication to get to, but also skill to stay alive, there will be a squeeze on those resources
the number one question to ask yourself is if the daily sink for smithing these upcoming items will be able to combat the new demand & emissions that occur on a daily basis
yes it’s an infinite supply, but i’m betting on the simple fact that the game is fun, people want to progress, and will coordinate appropriately within their respective guilds to be successful
look at the guild leaderboard and ask yourself why is KING & YN going so hard to be #1 for boss kills when there has been 0 reward announced or ROT going ham with PvP
never underestimate the human desire for bragging rights, let alone to finally be able to make money playing a web3 game
let’s see if i manage to get to 200k before any of this potentially plays out
solana:Tqj8yFmagrg7oorpQkVGYR52r96RFTamvWfth9bpump
$HYPE + ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 and chill thesis:
1. HYPE hate rally
2. LIT vs HYPE CT debate
3. Perp pie 10x
4. LIT hate rally
5. LIT vs HYPE CT debate
6. Perp pie 10x
Rinse and repeat until $1000/$50
To be honest, .hl’s should get their heads out of the sand and just buy $LIT.
The $HYPE cult has actually grown annoying over time.
Both have room to run.
Gotta admit this feels good.
For months I watched perp shorters jump on any sign of weakness and bully $LIT lower.
Despite being +150% off the lows, and despite some very bullish announcements, those same shorters are still trying to force this thing downwards. Only now, they're failing.
Spot buyers are happily bidding any small dip we get. I think this is a longer term, more savy cohort too, because general retail still doesn't seem to get the $LIT big picture.
OI is DOWN from the early June highs. Funding keeps spiking negative. There is almost no froth here.
Lighter got a huge partnership 4 days ago, and price is up...20%? On falling OI? With neggy funding?
Despite having a circulating market cap THIRTY TIMES LARGER than $LIT, I think if $HYPE got the exact same announcement, we would have seen a larger pump.
All this to say, there is so much room for $LIT to run. This is not a spike up before a bleed down. This is the 2nd inning of a durable trend.
Don't be the guy who sees a 20% pump, thinks $LIT's expensive now, and comes back in a couple weeks 3x higher wondering if there's still time to bid.
You won’t see much of an easier spot play as ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 for the coming 12 months.
Buy and forget. Let it compound.