Blockchains, Stablecoins, Exchanges, Bridges - their profit margins will get gradually hypercommoditized to near-zero.
Ask yourself: What won’t?
Assets which don’t depend on Profits in the first place
In other words: Monetary Goods (BTC) & Cults (Insane Communities)
Again, more talks of $SPX on Reddit!!
it's not too late to buy some #SPX6900 anon.
if you are not buying as much $SPX as you can sub $1B then what the heck are you waiting for?
Incase you forgot;
- $SPX did a 100x in 2023.
- Also did a 100x in 2024.
We are still very EARLY.
SPX6900 is the DOGE coin of this cycle. See Murad's page. He presented his case at Token 2049 in Singapore. See his pinned post. @MustStopMurad
He started as a Bitcoin on-chain analyst.
DOGE will do well, IMO. It's already had its hype cycle. It's a 5 or 10X.
SPX6900 has a $180 billion dollar market cap target. It has a 150X potential at a price of $1.30. It's at $1.41 at the moment.
SPX6900 goes live on Coinbase in about 4 hours.
Our SPX-USD trading pair will now enter limit-only mode on Coinbase Exchange and Coinbase Advanced. Limit orders can be placed and canceled, and matches may occur. Market orders cannot be submitted.
day 1 of dcaing 25 dollars into spx...there is no chart..persist forever
this is not day 1 of me dcaing spx but i was dcaing about 5 bucks daily..
PERSIST FOREVER AEONS🫶🏽
Coinbase will add support for SPX6900 (SPX) on the Ethereum network (ERC-20 Token) and Flock (FLOCK) on the Base network. Do not send these assets over other networks or your funds may be lost. Transfers for these assets are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
SPX6900 (SPX) is now live on coinbase․com and in the Coinbase app. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets. https://t.co/EjfgHgH18O
There is no digital asset that will ever replace Bitcoin. It is one of a kind, and ANY comparisons are misguided.
That said, it’s fascinating from a psychological standpoint what’s going on with memecoins. You’ve got nearly 10 memecoins with a billion dollar market cap. How can this be?? “It makes no sense!” says the tradfi guru.
Legacy finance worships “fundamentals.” P/Es, book value, cash flow, etc as hallmarks of “intrinsic value.” But intrinsic value was always just a narrative to convince you to buy or sell!
There are dozens of publicly traded stocks that trade at nose bleed valuations (far above any alleged intrinsic value) and have done so for a decade. And analysts always keep getting it wrong by telling you “stocks are expensive!” But if valuation is inherently subjective, there is NO REASON stocks should trade at some mythical equilibrium! They trade where belief, narrative demand, and liquidity meet.
Bitcoin proved to offer the best performing asset of the decade WITHOUT cash flow. Now enter memecoins; assets that abandon the pretext of “fundamentals.” They don’t pretend to be a “better bitcoin” or incredible tech. They openly promise to be nothing more than an idea. Literally, hot air (see e.g. Fartcoin). A collective hallucination you can trade.
I’ve long believed asset value is becoming untethered from fundamentals due to the actions of the central planners. We see more examples of this each day.
TSLA/NVDA/GME/PLTR = cult equity.
BTC = intangible asset backed by real world proof-of-work
Memecoins like SPX6900 are the first to declare value as pure subjective consensus. They make perfect sense in this moment where valuation = virality and belief IS the collateral.
A time when belief itself has become the rarest commodity.
The SEASON FINALE of PondTalk Season 1 will be "Movement Coins: The Next Steps" with @MustStopMurad.
LIVE on Wednesday September 10 @ 7 PM You will not want to miss this one. #spx6900 $apu @ApusCoin
The SPX6900 social-media fly-wheel is in the earliest stages of the gears turning…
It takes immense effort to spin the wheel in the emerging stages, & that’s why people tend to discount these things.
It’s difficult for people to think in exponentials because they’re used to thinking incrementally.
But social media specifically is an exponential leveraging machine, & when the incentives are aligned, it creates a sustainable path to build resilience, in the most difficult initial stages of turning that fly-wheel.
Once it’s off the ground, you see the “Over Night Success” phenomenon.
The wheel turning at break-neck speed.
Right now you see a disconcerted effort of people creating content with little to no following.
Extrapolate 1-year from now, a swath of aeons will have built +100K followers across Twitter, YouTube, Tik-Tok, Instagram, Reddit, & more.
Persisting in content creation on a daily basis, solely speaking about SPX6900, & highlighting newer holders also creating content. The mind virus expanding multiplicatively across dimensions.
Seeding the stage for generations of a new wave of significant SPX only focused mega-influencers. While at the same time, growing their own influence.
They will comprise a significant percentage of total crypto content.
None of this is priced in. But it’s happening right under your nose. Look deeply.