sizing into my next high conviction play $CARDS @Collector_Crypt
why am I crazy bullish?
1) $17m treasury of trading cards under the token(token is <10m mc lol)
2) $300m+ revenue/$24m in PROFITS last 12 months(token is <10m mc lol)
3) co founder & ceo @TuomHolmberg confirmed a chunk of the profits will go towards direct buybacks "pretty soon" in a podcast 3 weeks ago
4) also confirmed % of each pack sale on their platform will flow into systematic buybacks(theyre averaging $70m in volume monthly)
5) project similar to $HYPE, its generating revenue outside of crypto + been consistently growing revenue/profits despite broad crypto underperformance
buybacks announcement will officially place it under the same playbook that made $HYPE the biggest outperformer in the top 100 crypto coins
6) Tuom will continue to build CollectorCrypt around the $CARDS token + said his long term vision is to make $CARDS the first fully liquid & tokenized "trading cards/pokemon index" in the world so ppl can invest in this new exploding asset class without buying physical cards
7) really asymmetric r:r at 10m mc, survived -95% drawdown, bottomed af chart, showing some strength
8) team is committed for long term, not motivated by money/status or mass extraction, theyre passionate collectors themselves and they have decades of experience developing successful web2 startups which explains @Collector_Crypt impressive numbers
tldr: buy some and thank me later๐ช
found a gem boys...
really high conviction, stupid low for the revenue it generates, literally no brainer
easy to get thesis, 0 complications, bottomed af
literally the next $SURGE (when I started bullposting it went 17m -> 75m mc), its actually way better than surge
already bought 5 figs of it today
doing final dd, writing the thesis and will share shortly ๐
@kryptonite_110@sized_in@0xSUPERGEMMA@jun_song@_0xghost_ yea read that as well, unfortunately ignored the only red flag on this coin - too many fomo ppl holding
shouldve waited for this capitulation and enter now than 4d ago but its fine, i doubled down down here
@kryptonite_110@sized_in@0xSUPERGEMMA@jun_song ppl lack clear mind to make rational decisions
easier to see what top fomo holders are doing and avoid thinking for themselves
90% of ppl are sheep anyway
@0xSUPERGEMMA@jun_song im sorry brother for the negative reaction from crypto ppl..
web3 is just so fast paced and unpatient, dont worry about it..
keep shipping with clear communication on x and everything will fall into place ๐ค
yea ig its not ideal if youre a fast pace trader, im willing to hold for a bit
good catalysts ahead if he pulls this off and yeah i agree it will take some time, he is building a foundation with this legal shit so youre sure its not a quick fees grab
also mid june looks like it will be a solid week full of good announcements
@sized_in amazing answer from founder
he is open for feedback etc, remember he is new to running a crypto project, everyone makes mistakes
but valid concern brother, good luck!
https://t.co/vKVy0YPhVG
@sized_in amazing answer from founder
he is open for feedback etc, remember he is new to running a crypto project, everyone makes mistakes
but valid concern brother, good luck!
https://t.co/vKVy0YPhVG