Some early cult-like activity is brewing on solana..
People who believe they will make it, and will actually be right this time
The flywheel is not to be underestimated
We've never seen an ecosystem before that pours resources back into its own inhabitants and lifts them up
Another interesting use case for xAssets: leveraged memecoins.
It has already distributed $25K in $xSOL to over 500 holders through rev share in just two hours.
3x Leveraged Tokens can be used in infinite ways!
I see trenchers thesismaxxing $LEVERCAT on @fomo rn.
The cat is paired with solana:4sWNB8zGWHkh6UnmwiEtzNxL4XrN7uK9tosbESbJFfVs, meaning he’s on steroids.
+ it pays daily rewards in solana:4sWNB8zGWHkh6UnmwiEtzNxL4XrN7uK9tosbESbJFfVs.
Insane tek.
Thesis:
@bonk_inu (the OG Solana dog coin and meme)
@pudgypenguins (huge global IP)
@itsafwog (the biggest frog on Solana)
@chonkycom (the fattest cat)
1. OG Solana Memes (Provenance)
2. Large holder bases (Distribution)
3. Active Teams
4. Strong & Scalable IP
All four are medium to long term holds imo, I wouldn’t expect these to 100x overnight but when the conditions are right I strongly believe all of them will provide great returns.
Introducing $LEVERCAT.
A cat, a lever, and a token that pays you 3% of every trade in xSOL, @hylo_so's liquidation-resistant leveraged SOL.
Launching on @launchonsf.
Hold the cat. Get paid in xSOL. 🧵
A Fat Thesis On solana:2MwjFE1zbXyNKw6VjzGWa3BhPtFcs8htuX2xwRAtbonk 📜
Once we finally push out of the range we’ve been stuck in for months, I think it’s clear skies to the right.
We’ve got a deep liquidity pool, low valuation, and a chart that continues to hold higher. If we flip that $400K level, I think things get very fat, very fast.
A lot of people thought Chonky was down for the count, but one thing about cats…we have 9 lives.
Why i am bullish (not biased)
We’ve done airdrops, hosted multiple events around the world, created iconic merch with the Chonky plush, and built an actual recognizable brand from nothing.
Most people in this space already know Chonky.
We ran to $50M during the first big meme coin explosion coming out of the bear market, and I think there are still a lot of people watching from the sidelines. If Chonky starts making waves again, I believe it can wake up both old holders and a completely new generation of people discovering the cat for the first time.
For me, this has also always been bigger than just being a flavor of the week
I’ve personally met and connected with a lot of Chonky holders over the years. I’ve supported the community however I can, and I’ve had people tell me they made life changing money from an idea we created. That’s something I’ll never forget.
And I want to see that happen again for a lot more people who deserve it
I’ve been doing this for 3 years and I have no plans of giving up.
With the market starting to move, the Chonky chart setting up clean, a new wave of holders coming in, and people actively working for their bags again, I think we’re positioned for something much bigger than where we are today.
Obviously, I am biased but I genuinely believe Chonky has the setup to make a generational move and we are going to keep building until we give it every possible chance to happen.
Flip $400K. Wake everyone back up.
You can’t stop the fat cat.
$LEVERCAT rewards come in xSOL, not SOL.
xSOL is @hylo_so's leveraged SOL: about 3x exposure, no liquidation price, no funding. When SOL moves 10%, xSOL moves roughly 25 to 30%.
Rewards with the lever already pulled.