$Egg is not new. It started Aug 4, sat for two weeks, and then following $HYPE made ATH this week
total FDV was about $7.9M, with $321k in the pool and $6.2M in a day
volume did not exceed mcap, so it does not look like a wash
The GTA6 leak didn’t make solana:ApZuxdpzMrbEYTGEzeY9afh5pj9d6qPRJCTgQYiipbKg
They grabbed the ArNS domain on the 14th, listed on Raydium on the 15th with 330 SOL in the pool and another 270M (27%) sitting in insider wallets
First hour ripped 13x off $0.0000519. Five Axiom sniper desks walked in between 17:48 and 17:54 and took about $158k
It crashed to $0.00060 on the 20th. Today is the second print, about $9M. ATH was $0.0159. Not Rockstar. Not official. Mint and freeze are gone. Top ten is 13%. A third of the flow is bots
one of my highest conviction thesis is tokenized equity
not stocks, but early to late stage venture equity
the virality of @cluely and others show how much retail interest there is in consumer venture
and consumer startups absolutely would benefit from the attention flywheel of token going up
it is time to long ethereum:0x44b28991b167582f18ba0259e0173176ca125505 again
bro hadrian still shipping like crazy @uTokenPro
robinhood will be pushing rhc to 30m users
memes will pair with tokenized stock
and retail will finally be able to buy from a simple mobile app like @fomo or @Pumpfun
i think the greater public and even ct underestimated how much of a crypto advocate @ChairmanSelig is
24-25 bull market felt nihilistic to most bc it was truly casino on mars
but this time around crypto can finally compete on merit
bullish on real crypto products
The United States needs CLARITY. Clear rules of the road will ensure that America remains the crypto capital of the world.
The @CFTC stands ready to implement crypto asset market structure with or without legislation.
I see parallels in semis 25-26 and ethereum 20-21
Both went through exponential growth in demand and capped supply
Both made hundreds of billions from the market, but knew they cannot do this forever
Except ethereum expanded supply by moving users to L2s, whereas semis is scaling up production aggressively
Demand for blockchain and chips are both quite sticky