Silph

early(ish) onchain insights ~ @getmoni_io wizard

[Silph @silphtrades]

super humbled for the inclusion on @herxbt's list below!

have been making more of a conscious effort to actively show up and provide value recently and will continue to do so - whilst the opportunity presents itself, here’s some quick silph lore:

> third cycler with a compsci background, the grind was embedded early on with runescape and pokemon (hence the username)

> cycle 1:
purchased btc as a broke uni student in late 2017 (sub 5k) - had no idea what i was doing and mainly relied on youtuboors but i grinded my way to 1 btc on plays like omisego, waltonchain, raiblocks, substratum etc. ended up full porting at the end of the cycle and giving everything back on some tarded asian energy play (electrify asia)

> cycle 2 (8k → 1m):
depleted a large % of my savings moving countries, rice + eggs + soy sauce was a staple for a bit (still goated tbh)

ended up getting a role which involved shift work so i had a bit more spare time during the day and rekindled my interest with crypto – fondly remember joining a bitcoin 2020 halving countdown party on yt and started investing again shortly after

found /biz/ and ct whilst researching $link as it had crazy mindshare at the time, link marines were literally everywhere - twas looking at other oracle plays and saw that API3 was launching so i hit that, subsequently joined their telegram and saw a user shill a group where i was introduced to the world of low caps + fundamental analysis for the first time

everything seemed to click from that point onwards, i learned a lot within the group and even helped to moderate and keep track of launches at the time - i practically showed up to everything and focused on low caps / new launches from that point forward

covid eventually hit with things going bonkers after that, i was fortunate enough to move to full time remote work and have juggled both that and trading until recently

i started experimenting with tracking KOL follows and had decent success on getting in early on anything they’d be following, it was a crazy time where being early to a discord / telegram could mean getting whitelisted for a project which would absolutely print (iirc most early ohm discord joiners were up over 6 figures)

knowing how to simply increase gwei on metamask also seemed to be enough of an edge to hit plays on tge at the time

i eventually came across solana back in the sollet days and changed my life forever when step finance launched and i somehow sniped things early, turning 6k → 400k; all via the front end without a bespoke node or technical setup - i still count my blessings and genuinely wonder if it was divine intervention to this day

managed to compound my bank roll further by being early to nfts, predominantly on solana - hit practically every mint from degenerate ape academy onwards and was a member of one of the very first botting groups

ended up cashing out 90% of my portfolio prior to the cycle end and recently purchased my first property (tax was incredibly painful lol)

> cycle 3 / present day (100k → 1m):
was fortunate to come out relatively unscathed from the previous cycle which was a blessing considering the bs with FTX, luna etc.

remained active throughout the bear market and started exploring getting early access to dealflow; managed to get in early to portals and did some OTC deals for projects like 0lnetwork which helped to quickly rebuild my bank roll

arguably one of the more trickier cycles for myself thus far as meme coining was never my strong suit and unc mode means not really understanding a majority of things out there lmao (wtf does 67 even mean???)

trenched v early prior to pumpfun and got rugged quite a bit but i had decent success on sei, tron, sui etc. also had good success playing pretty much every “dotfun” iteration from daosfun to indiedotfun early on and had my largest win sybiling launchcoin / believe during their presale phase (1k → 500k~ all up, pretty bittersweet as I think I owned 8% of the supply at one point in time)

currently v stabled up outside of vested / smaller high r:r positions and am rotating in and out of narratives as they present themselves; more recently I managed to hit $light and the rwa tcg narrative with size

throughout my journey i’ve mainly operated behind the scenes and whilst I’ve had success my biggest regret has been not making more of a conscious effort to network in the space – feel free to shoot me a dm if you want to trade some thoughts or some casual banter!

[tradinghoe @tradinghoex]

I made an intensive list of 200+ account that actually trade //frontrun trades and have good thesis and not just larp.

Simply use this accounts to gauge whatever i find out about any project

80-98% of runners where caught by most accts on the list

> also love to read their trading thoughts and learn further , whilst monitoring what they are watching

Instead of scrolling aimlessly and seeing vaporware just follow the list.

https://t.co/5MObshrpqB

[Silph @silphtrades]

@spacepixel pretty cool perks too! crazy seeing the recent sales - twas tweeting about these at 3 sol last year
https://t.co/iVpla9ut4U

[Silph @silphtrades]

welp the below aged well! picked up an unexpected 2k~ from being a @collector_crypt card club nft holder

completely forgot i’d swept a bunch of these last year pre-$cards launch and only just realised holders get quarterly $card airdrops (have basically paid for themselves at this point)

knew about the gated mints / discounts etc, but not airdrops… has this always been a thing???

nonetheless, the 1k supply collection still sits at a mc of 338k~ (4 sol floor w 18 listed) which feels like good r:r relative to the number of active gacha users (18k~ or so i believe)

[Silph @silphtrades]

23/52

closed out the past week in the red which shouldn’t be too much of a surprise given the overall state of the market

unfortunately was also a bit too afk with active positions on fomo and completely held some positions down to zero rather than cutting losses early (@packs_supply pls)

moving ahead, whilst it seems likely we'll have plenty of time to add lower, i've also started deploying a small amount of dry powder (5%) into longer-term positions with btc (65k avg) and eth (1.6k avg)

adding here still feels relatively non-consensus right now and for good reason with saylor and tom lee around alongside the growing discussion around the quantum threat

with that being said, i've been 90%~ stabled for a while now and don't mind gradually increasing longer-term exposure here with plenty of dry powder ready if we head lower

plans / monitoring for this week:

> @fastdotpoker – personally having a great time playing sit n gos and farming $fp here

emissions are currently boosted and you can earn the same amount across all tables which means you can buy in for as low as 0.05 sol if farming $fp is your main objective

> @predikt_gg – a protocol which aggregates prediction markets and allows users to turn prediction market positions into usable collateral

currently looking to raise 475k via @stardotfun which is a significant amount given current market conditions but worth noting that 15% of this has already been filled during the pre-commitment stage

> @proofmarkets – the v0 challenge waitlist is now live, super interesting product and solid r:r here given that prizes are on the line for simply paper trading

feels like a no brainer applying here if you’re still around

> @boomfunnn – a platform simplifying trading hyperliquid outcome markets, backed by alliance with early access now open

> @valkrilabs – building collateral infrastructure for prediction markets (also seeing some follows from alliance here)

> @easya_kickstart – big upcoming launches being teased, keeping an eye here for runners

> @lexur – an upcoming social trading platform for solana perps

that wraps up this week, we were on the money with nfp being a major catalyst for markets last week

feels like we've got one of the more significant weeks in store with impending microstrategy updates, the largest iranian escalations we've seen in months, the us cpi print and the space x ipo

expecting a lot of volatility with this one, as always have a good week ahead frens 🫡

[Silph @silphtrades]

22/52

another week done and dusted, good to string together back-to-back green weeks but nothing overly significant in terms of large wins tbh

caught $gacha v early at 200k but unfortunately fumbled this one quite early for a quick 2x before rebidding around 1m (fml)

its been a min since i've been in the trenches so a good learning exp nonetheless; finally got around to topping up @fomo with an initial 10k and will be looking to use this more often

managed to also scratch the mint itch and picked up some @fastdotpoker dealer licenses and was fortunate enough to land some mints during the @boywithnolegs card drop

on the collectibles front, dbz fusion world continues to rip and the overall collection now sits at an 8x multiple since the beginning of the year which has been great to see

plans / monitoring for this week:

looks like onchain collectible projects continue to dominate the spotlight with tcg-related projects doing v well, will continue to bid lowcaps here and farm points on platforms which haven't yet tge'd

> @fastdotpoker – looks like their dealer software will go live later today at 12pm est so i'll be looking to get this setup asap and stack $fp early

big fan of the tokenomics here and the team have a proven track record with @crittersquest

> @prlnet – continuing to mine here and keeping an eye on the current retrace for an opportunity to add to existing bags

> @latticafinance – leveraged prediction markets (waitlist currently open)

also keeping an eye on a few of the recent colosseum frontier singapore winners (@superteamsg):

> @clustlydotai – an onchain marketplace where humans can hire ai agents for tasks
> @surgepayxyz – cross-border payments platform
> @kurtosislabs – high-performance vaults powered by quantum hardware (waitlist currently open)
> @adher_ai – ai governance tooling for banks

that wraps up this week, a relatively quieter update across the board

whilst overall sentiment seems to be in the gutter it still feels like opportunities continue to present themselves for those willing to stay active and keep digging

think it’s especially important to keep sharpening the blade as easier times in our industry will eventually come back around

when they do, you'll want to be in a position to capitalize rather than playing catch-up

nonetheless all eyes on friday's nfp release which should make for an interesting end to the week

have a good week ahead as always frens 🫡

[Silph @silphtrades]

@0xdetweiler @jetpippo @UnidentifiedDao yooo congrats @jetpippo well deserved!! 🫡

[Silph @silphtrades]

22/52

another week done and dusted, good to string together back-to-back green weeks but nothing overly significant in terms of large wins tbh

caught $gacha v early at 200k but unfortunately fumbled this one quite early for a quick 2x before rebidding around 1m (fml)

its been a min since i've been in the trenches so a good learning exp nonetheless; finally got around to topping up @fomo with an initial 10k and will be looking to use this more often

managed to also scratch the mint itch and picked up some @fastdotpoker dealer licenses and was fortunate enough to land some mints during the @boywithnolegs card drop

on the collectibles front, dbz fusion world continues to rip and the overall collection now sits at an 8x multiple since the beginning of the year which has been great to see

plans / monitoring for this week:

looks like onchain collectible projects continue to dominate the spotlight with tcg-related projects doing v well, will continue to bid lowcaps here and farm points on platforms which haven't yet tge'd

> @fastdotpoker – looks like their dealer software will go live later today at 12pm est so i'll be looking to get this setup asap and stack $fp early

big fan of the tokenomics here and the team have a proven track record with @crittersquest

> @prlnet – continuing to mine here and keeping an eye on the current retrace for an opportunity to add to existing bags

> @latticafinance – leveraged prediction markets (waitlist currently open)

also keeping an eye on a few of the recent colosseum frontier singapore winners (@superteamsg):

> @clustlydotai – an onchain marketplace where humans can hire ai agents for tasks
> @surgepayxyz – cross-border payments platform
> @kurtosislabs – high-performance vaults powered by quantum hardware (waitlist currently open)
> @adher_ai – ai governance tooling for banks

that wraps up this week, a relatively quieter update across the board

whilst overall sentiment seems to be in the gutter it still feels like opportunities continue to present themselves for those willing to stay active and keep digging

think it’s especially important to keep sharpening the blade as easier times in our industry will eventually come back around

when they do, you'll want to be in a position to capitalize rather than playing catch-up

nonetheless all eyes on friday's nfp release which should make for an interesting end to the week

have a good week ahead as always frens 🫡

[Silph @silphtrades]

21/52

spot positions continue to bleed but managed to secure another green week for the books with active trades:

> caught $rail at 100m before things took off which offset losses and put me comfortably in the green – it’s not often you get a fairly easy lay-up where the numbers actually make sense

took initials off the table at 218m and plan on riding out the rest a bit longer

> aped a @prlnet mining package as mentioned last week, turns out prices were slightly cheaper otc though lol - nonetheless mining is now locked in for the next 45 days

> trimmed some of my $skr holdings which were slightly underwater due to the ongoing sol shenanigans on the tl (treating this position as sol beta)

also dabbled a bit on the equity front and tried playing catch up on the $hype trade with $hypd which i cut early ahead of the weekend at break-even

plans / monitoring for this week:

@stardotfun kick off with a bunch of raises later this week with pre-commitments now open, early investors currently get a bonus allocation so getting dd underway now is worth it

projects raising include...

> @prostakegg – allow viewers to bet on streamers as they participate in competitive games (400 users with 46k~ volume in a 45 day beta)

> @faxscfx – building a stablecoin gateway for foreign currency arbitrage / dollar access

> @fdn_labs - a solana based defi protocol that lets users earn yield from private loans financing ai infrastructure

still need to look further into things here but this one is particularly interesting as it sits at the intersection of both ai and stablecoin narratives; the team are also part of the circle alliance program and have active support from the solana foundation

> @boywithnolegs – will be releasing "cards pack 2" this week (inspired by jungle + fossil pokemon tcg)

the artwork looks killer and is a no brainer as a collector imo; artwork aside pack 1 also did multiples on secondary

> @predictumx – building parlay infrastructure on solana for prediction markets

> @jaileddotfun – launch here looks imminent, not too sure how i feel about this one given that @pussycattech was originally the pivot since jailed wasn’t fun enough iirc but will keep a watchful eye nonetheless

> @cabalsio – a social app on hyperliquid with early beta now live, the platform is being built by @0xkawz who was previously behind timedotfun so worth paying attention here

> @playalerith – an upcoming fantasy mmorpg on solana which has been in the works for 3~ years (sign ups for early genesis status close in 8 days here)

worth noting that the @colosseum frontier project directory has also gone live so i’ll need to find some time to do some digging through that

that wraps up another week alongside an even more eventful weekend with the supposed end of the iran war now seemingly in sight (in all honesty idk what to believe anymore)

nonetheless all eyes on tuesday open given that it’s memorial day and in particular thursday where we get us pce + gdp data

as always have a good week ahead frens 🫡

[Silph @silphtrades]

@PlayAlerith no problemo, looking forward to testing things out :D

[Silph @silphtrades]

21/52

spot positions continue to bleed but managed to secure another green week for the books with active trades:

> caught $rail at 100m before things took off which offset losses and put me comfortably in the green – it’s not often you get a fairly easy lay-up where the numbers actually make sense

took initials off the table at 218m and plan on riding out the rest a bit longer

> aped a @prlnet mining package as mentioned last week, turns out prices were slightly cheaper otc though lol - nonetheless mining is now locked in for the next 45 days

> trimmed some of my $skr holdings which were slightly underwater due to the ongoing sol shenanigans on the tl (treating this position as sol beta)

also dabbled a bit on the equity front and tried playing catch up on the $hype trade with $hypd which i cut early ahead of the weekend at break-even

plans / monitoring for this week:

@stardotfun kick off with a bunch of raises later this week with pre-commitments now open, early investors currently get a bonus allocation so getting dd underway now is worth it

projects raising include...

> @prostakegg – allow viewers to bet on streamers as they participate in competitive games (400 users with 46k~ volume in a 45 day beta)

> @faxscfx – building a stablecoin gateway for foreign currency arbitrage / dollar access

> @fdn_labs - a solana based defi protocol that lets users earn yield from private loans financing ai infrastructure

still need to look further into things here but this one is particularly interesting as it sits at the intersection of both ai and stablecoin narratives; the team are also part of the circle alliance program and have active support from the solana foundation

> @boywithnolegs – will be releasing "cards pack 2" this week (inspired by jungle + fossil pokemon tcg)

the artwork looks killer and is a no brainer as a collector imo; artwork aside pack 1 also did multiples on secondary

> @predictumx – building parlay infrastructure on solana for prediction markets

> @jaileddotfun – launch here looks imminent, not too sure how i feel about this one given that @pussycattech was originally the pivot since jailed wasn’t fun enough iirc but will keep a watchful eye nonetheless

> @cabalsio – a social app on hyperliquid with early beta now live, the platform is being built by @0xkawz who was previously behind timedotfun so worth paying attention here

> @playalerith – an upcoming fantasy mmorpg on solana which has been in the works for 3~ years (sign ups for early genesis status close in 8 days here)

worth noting that the @colosseum frontier project directory has also gone live so i’ll need to find some time to do some digging through that

that wraps up another week alongside an even more eventful weekend with the supposed end of the iran war now seemingly in sight (in all honesty idk what to believe anymore)

nonetheless all eyes on tuesday open given that it’s memorial day and in particular thursday where we get us pce + gdp data

as always have a good week ahead frens 🫡

[Silph @silphtrades]

20/52

spot positions sliightly down over the past week (heavy $skr) but closed things out in the green with multiples on both @jurassicfi (good fill due to depositing early) and the cards collection by @boywithnolegs

managed to also find the time to pick up some first chapter disney lorcana on the collectibles front whilst the overall collectibles portfolio continues to trend up with recent dragon ball fusion world buyouts (which makes up a large majority of my collection)

as someone who looks at projects on a daily basis, it’s also been one of the more solid weeks in terms of discovery – has been a minute since i’ve felt this way

interesting finds:

> @papertrade_xyz – an upcoming perps exchange built by @izebel_eth and @blurr which allows for up to 1000x leverage with 0 funding costs

highly recommend getting familiar with the mechanics of the project and being prepared for launch which will essentially be a race to get liquidated imo (tldr losing trades mint $paper which can be staked to earn usdc)

> @proofmarkets – a new exchange working on “multiverse markets” where traders can speculate on the price of an asset in a world where said event actually occurs i.e. btc if quantum becomes a genuine threat

v interesting article on this from @airtightfish which i recommend checking out: https://t.co/V1Hm42UAYB

> @prlnet – a l1 blockchain which uses a proof of “useful” work mechanism tied to ai compute

already seeing a bit of vc activity around the project with otc trading already live at around 0.41~ atm

worth signing up to their waitlist here so you can get alerts on available mining packages: https://t.co/kHOaODCgES

> @altdotfun – a launchpad where tokens associated with leveraged positions on hyperliquid can be launched

seeing a lot of noise on this alongside the spacex pre-ipo market going live which makes for further compelling $hype narratives

> @grailpulls – an upcoming collectibles platform from fancraze who have raised over 120m from sequioia, insightpartners and the like

look to be differentiating from other platforms with icc gachas incoming (cricket)

> the @phygitals team have also been teasing both @ripnreveal and @slabvending

that wraps up this week’s update! a lot to unpack here coupled with a large amount of attention currently on both the base and hype ecosystems which is v promising to see

all eyes on iran this week as the geopolitcal situation continues to escalate

as always have a good week ahead 🫡

[Silph @silphtrades]

@ProStakegg goodluck with the raise, hope yall kill it! :D

[Silph @silphtrades]

20/52

spot positions sliightly down over the past week (heavy $skr) but closed things out in the green with multiples on both @jurassicfi (good fill due to depositing early) and the cards collection by @boywithnolegs

managed to also find the time to pick up some first chapter disney lorcana on the collectibles front whilst the overall collectibles portfolio continues to trend up with recent dragon ball fusion world buyouts (which makes up a large majority of my collection)

as someone who looks at projects on a daily basis, it’s also been one of the more solid weeks in terms of discovery – has been a minute since i’ve felt this way

interesting finds:

> @papertrade_xyz – an upcoming perps exchange built by @izebel_eth and @blurr which allows for up to 1000x leverage with 0 funding costs

highly recommend getting familiar with the mechanics of the project and being prepared for launch which will essentially be a race to get liquidated imo (tldr losing trades mint $paper which can be staked to earn usdc)

> @proofmarkets – a new exchange working on “multiverse markets” where traders can speculate on the price of an asset in a world where said event actually occurs i.e. btc if quantum becomes a genuine threat

v interesting article on this from @airtightfish which i recommend checking out: https://t.co/V1Hm42UAYB

> @prlnet – a l1 blockchain which uses a proof of “useful” work mechanism tied to ai compute

already seeing a bit of vc activity around the project with otc trading already live at around 0.41~ atm

worth signing up to their waitlist here so you can get alerts on available mining packages: https://t.co/kHOaODCgES

> @altdotfun – a launchpad where tokens associated with leveraged positions on hyperliquid can be launched

seeing a lot of noise on this alongside the spacex pre-ipo market going live which makes for further compelling $hype narratives

> @grailpulls – an upcoming collectibles platform from fancraze who have raised over 120m from sequioia, insightpartners and the like

look to be differentiating from other platforms with icc gachas incoming (cricket)

> the @phygitals team have also been teasing both @ripnreveal and @slabvending

that wraps up this week’s update! a lot to unpack here coupled with a large amount of attention currently on both the base and hype ecosystems which is v promising to see

all eyes on iran this week as the geopolitcal situation continues to escalate

as always have a good week ahead 🫡

[Silph @silphtrades]

19/52

bit of a shorter update this week, had a quieter past week with v few trades taken – executed as per our last update as always nonetheless:

> had a play around on @pussycattech but wasn’t my cup of tea hence i cut the $virus trade early here for a small win

> deposited to @jurassicfi suuuper early so hoping for a decent fill here given the early deposit weightings, but expecting allocations to be fairly diluted given how oversubscribed things are atm

have also continued with the dca into my longer term @solanamobile ($skr) bags which has now become my largest spot position

plans / monitoring for this week:

> @easydataai – a platform which enables developers to collect and monetize training data will be kicking off with their raise on the @stardotfun platform later today; raising 50k secured by @bedrockfndn

big fan of the @stardotfun pivot to micro-raises with the most recent raise on the platform running several multiples, so worth paying attention here imo

> @jurassicfi – raise closes at the end of this week, will be curious to see the pa here (unsure whether there are any major catalysts between now and the acquisition of the triceratops head in q3 tho?)

also flagged a few early access lists which are currently open...

> @fastdotpoker – an upcoming permissionless poker protocol launching on solana where users can build their own poker rooms / run dealer services

early access waitlist is currently open for the next couple of days with the only way of earning tokens being through play (gud model)

> @jtx_trade – an upcoming trading platform from the @jito_sol team which was recently announced, feels like the “solana x hyperliquid” narrative is slowly catching on here

nonetheless early access is currently open and worth applying for, especially when you take into consideration the initial $jto airdrop from a while back

> @castermarkets – an upcoming l1 for prediction market trading, waitlist is also currently open here

that wraps up this week, worth flagging that there’s approx. 1 day left for submissions to the ongoing @colosseum frontier hackathon so will be curious to sift through the entries there

have a good week as always frens! 🫡

[Silph @silphtrades]

pretty crazy what you can do with a simple claude subscription these days

loved the artwork for the cards collection by @boywithnolegs and figured it’d do well so i thought i’d take the opportunity to experiment

super small collection so i wanted to be very mindful (no bricking floors or taking an excessive amount of supply) but i ended up whipping together a sniper for the vvv platform in less than an hour

unfortunately i didn’t get any favorites but i did end up landing mints on 3 wallets for a near-instant sellout

it’s been pretty interesting to observe the technical barriers to entry diminishing in our space - would highly recommend getting up to speed with ai developments if you’re not already

essentially managed to vibe together “edge” with a few prompts whilst being half asleep (+ $350~ upnl)

[NO LEGS @boywithnolegs]

CARDS

Inspired by Base Set, nostalgia, and the fun of collecting

[Silph @silphtrades]

@boywithnolegs congrats on the sellout these look awesome

[Silph @silphtrades]

19/52

bit of a shorter update this week, had a quieter past week with v few trades taken – executed as per our last update as always nonetheless:

> had a play around on @pussycattech but wasn’t my cup of tea hence i cut the $virus trade early here for a small win

> deposited to @jurassicfi suuuper early so hoping for a decent fill here given the early deposit weightings, but expecting allocations to be fairly diluted given how oversubscribed things are atm

have also continued with the dca into my longer term @solanamobile ($skr) bags which has now become my largest spot position

plans / monitoring for this week:

> @easydataai – a platform which enables developers to collect and monetize training data will be kicking off with their raise on the @stardotfun platform later today; raising 50k secured by @bedrockfndn

big fan of the @stardotfun pivot to micro-raises with the most recent raise on the platform running several multiples, so worth paying attention here imo

> @jurassicfi – raise closes at the end of this week, will be curious to see the pa here (unsure whether there are any major catalysts between now and the acquisition of the triceratops head in q3 tho?)

also flagged a few early access lists which are currently open...

> @fastdotpoker – an upcoming permissionless poker protocol launching on solana where users can build their own poker rooms / run dealer services

early access waitlist is currently open for the next couple of days with the only way of earning tokens being through play (gud model)

> @jtx_trade – an upcoming trading platform from the @jito_sol team which was recently announced, feels like the “solana x hyperliquid” narrative is slowly catching on here

nonetheless early access is currently open and worth applying for, especially when you take into consideration the initial $jto airdrop from a while back

> @castermarkets – an upcoming l1 for prediction market trading, waitlist is also currently open here

that wraps up this week, worth flagging that there’s approx. 1 day left for submissions to the ongoing @colosseum frontier hackathon so will be curious to sift through the entries there

have a good week as always frens! 🫡

[Silph @silphtrades]

18/52

solid back to back weeks in the green - nice shift after being away on holiday and a good reminder that there’s always pockets of opportunities (especially whilst others look elsewhere):

> participated in the @megaeth sale via echo back in late 2024 and realized 75% of my position on tge (0.19~ avg) nice to finally derisk whilst keeping a moonbag in case $mega catches a bid much like $monad did

> +2k in $cards from simply holding my @collector_crypt card club nfts with the floor practically doubling in price (scooped up like 15+ of these a while back)

> participated in the @stardotfun closed fundraising round for @remindmetrace which ran several multiples

> 2/2 wins on polymarket betting on fdv for both @megaeth and @intodotspace (took an L overall on space but managed to hedge some of my presale position here as it was pretty apparent they were going to scam)

> smol L hitting @camel_cabal after launch but still think there’s a chance this could run here given the recent $upeg price action

plans / monitoring for this week:

> @pussycattech – the next game from @pndmdotorg looks to be launching this week

built a small $virus position off the back of the news that the team completely pivoted away from @jaileddotfun over to this game as they deemed jailed not fun enough

> @jurassicfi – raise opens in just under 4~ days, team are looking to tokenize fossils on solana – will be interested to see overall valuations but im personally a fan of backing simple eli5 novel projects

> @stardotfun – last week’s closed fundraising session featured quality start-ups all attempting to raise a reasonable amount of capital with equity backed by meteora’s @bedrockfndn

big fan of the pivot here, definitely worth paying attention to any future raises imo (especially with positive pa post-raise)

> @megaeth – worth farming their live incentive program if that’s your thing, personally not much of a farmer but i’m having a bunch of fun ripping cards on the @mnstr platform

> the florentines nft collection by @cartyisme – a gameboy aesthetic 1401 supply nft collection by an opensea employee, applications for minting are open atm

with the start of a new week, it'll be curious to see if saylor commences buying up btc in usual order

also watching for any "project freedom" escalations starting monday given the iran/mining narrative floating around

nonetheless, have a good week as always frens 🫡

[Silph @silphtrades]

@koreanjewcrypto yeah gengar and dragon ball z oddly enough lol 🤷🏻‍♂️

[Silph @silphtrades]

@SammyDubNZ @megaeth @intodotspace only a matter of time before sentiment shifts imo, appreciate the support as always good sir 🙏

[Silph @silphtrades]

18/52

solid back to back weeks in the green - nice shift after being away on holiday and a good reminder that there’s always pockets of opportunities (especially whilst others look elsewhere):

> participated in the @megaeth sale via echo back in late 2024 and realized 75% of my position on tge (0.19~ avg) nice to finally derisk whilst keeping a moonbag in case $mega catches a bid much like $monad did

> +2k in $cards from simply holding my @collector_crypt card club nfts with the floor practically doubling in price (scooped up like 15+ of these a while back)

> participated in the @stardotfun closed fundraising round for @remindmetrace which ran several multiples

> 2/2 wins on polymarket betting on fdv for both @megaeth and @intodotspace (took an L overall on space but managed to hedge some of my presale position here as it was pretty apparent they were going to scam)

> smol L hitting @camel_cabal after launch but still think there’s a chance this could run here given the recent $upeg price action

plans / monitoring for this week:

> @pussycattech – the next game from @pndmdotorg looks to be launching this week

built a small $virus position off the back of the news that the team completely pivoted away from @jaileddotfun over to this game as they deemed jailed not fun enough

> @jurassicfi – raise opens in just under 4~ days, team are looking to tokenize fossils on solana – will be interested to see overall valuations but im personally a fan of backing simple eli5 novel projects

> @stardotfun – last week’s closed fundraising session featured quality start-ups all attempting to raise a reasonable amount of capital with equity backed by meteora’s @bedrockfndn

big fan of the pivot here, definitely worth paying attention to any future raises imo (especially with positive pa post-raise)

> @megaeth – worth farming their live incentive program if that’s your thing, personally not much of a farmer but i’m having a bunch of fun ripping cards on the @mnstr platform

> the florentines nft collection by @cartyisme – a gameboy aesthetic 1401 supply nft collection by an opensea employee, applications for minting are open atm

with the start of a new week, it'll be curious to see if saylor commences buying up btc in usual order

also watching for any "project freedom" escalations starting monday given the iran/mining narrative floating around

nonetheless, have a good week as always frens 🫡

[Silph @silphtrades]

17/52

good to be back! solid past week overall with positive pa across the positions highlighted in last week's update alongside newer ones:

> @solanamobile ($skr) ran to 130m~ from our entry of 100m although this has since retraced, no profit taking on this one just yet - longer term hold contingent on sms adoption continuing to grow off the back of the mediatek partnership

> added to my existing @stardotfun ($star) bags at 400k~ ahead of further additions to their scout program and live fundraises returning shortly

participated in the @alphafxyz ($atfc) presale to close out the week as i thought there was solid r:r here, unfortunately this has since been refunded which kinda makes sense given the team was acquired for 500k~ last year whilst the raise computed to a 250k~ marketcap

plans / monitoring for this week:

> @megaeth - tges later this week on the 30th, paying close attention here as i fortunately participated in the echo presale (222.4m valuation)

polymarket looks promising with an 88% chance fdv lands above 1b

> @intodotspace – looks like tge is approaching here with $spc being added to kraken’s listing roadmap as of 2~ days ago (admittedly still have a bad taste in my mouth off the back of the presale)

> as an nft maxi, it's been good to see renewed life in the sector with yuga leading the way over the past month

if positive pa continues it'll be v tempting to bid nft-centric protocols and sweep collections on chains that haven't received any love yet (sol is pretty obvious)

some nft items on the radar…
> @supducks - potential acquisition underway by @montimania
> @moggmon - a liquid nft experiment by @nicoletteduclar, much like $upeg and $pepi which garnered attention over the past week
> @camel_cabal - launching on @cypher_ethereum as an evolution of previous liquid nft developments

with us entering may this week, it’s worth flagging that it shapes up to be a particularly interesting month as we may finally get clarity on 10/10 with ibit disclosures landing mid-month i believe

personally feel like this overhang + the clarity act are the main culprits behind our sector underperforming whilst equities continue to rip throughout the war and the like; clearing 10/10 would be very substantial imo

as always all eyes on the us open off the back of a particularly crazy weekend with the white house correspondence dinner shenanigans

have a good week ahead frens 🫡

[Silph @silphtrades]

@ramenya6 @_VGen_ well deserved so happy to hear! 🙏

[Silph @silphtrades]

@bryan_johnson once again cc: @talmagejohnson_
if i gotta see this from ur dad you do too

[Silph @silphtrades]

@katexbt @Morningstar_VC @daniloscarlucci @ArcticOperators @intodotspace public sale claims still not working afaik

seeing a group chat img being circulated where kols could apparently wl their wallets in advance so they could claim whilst public claims were being "fixed" lol

[Silph @silphtrades]

@xiaomingishere @Collector_Crypt these are some of the main benefits i believe:
- exclusive wl to mints (although it has been a min)
- access to exclusive giveaways
- discounts for purchases from the card treasury
- quarterly $cards airdrops

[Silph @silphtrades]

welp the below aged well! picked up an unexpected 2k~ from being a @collector_crypt card club nft holder

completely forgot i’d swept a bunch of these last year pre-$cards launch and only just realised holders get quarterly $card airdrops (have basically paid for themselves at this point)

knew about the gated mints / discounts etc, but not airdrops… has this always been a thing???

nonetheless, the 1k supply collection still sits at a mc of 338k~ (4 sol floor w 18 listed) which feels like good r:r relative to the number of active gacha users (18k~ or so i believe)

[Silph @silphtrades]

Awesome read by @zkayAPE on collectibles and on-chain adoption! Always felt like a no-brainer for collectors and traders alike with instant settlement, reduced counterfeiting, liquidity etc. but I didn’t expect the numbers to look this solid

As pointed out, there’s no tokens yet for the projects mentioned but I've been doing some digging and it looks like current frontrunner @Collector_Crypt does have a Card Club NFT collection (https://t.co/QsByDkbHCU) with some notable perks:

> WLs for exclusive TCG mints
> Treasury grail cards sold to holders at small discounts
> Access to a solid enthusiast community and other “redacted” benefits
> An investment round for equity and tokens was also made available to holders earlier this year (kicking myself for missing this one)

The numbers highlighted seem to make sense at an eyeball in terms of asymmetric opportunity here (I just wish the floor wasn’t so thin):

> 999 supply 3~ SOL floor ($540) vs 3004 unique wallets averaging $16.5k/user
> $540k~ Marketcap vs $1.2M/month in gross revenue with TGE seemingly around the corner

Think having exposure in this space makes sense, especially as the meta trends towards projects with real revenue and PMF – will continue to get positioned wherever I can 🔎

[Silph @silphtrades]

@Collector_Crypt and if u dont know now u know (knowledge is power etc etc)