@CliffordAsness@dampedspring if the world was always rational, there's a lot of stuff that wouldn't exist. you have a choice here: i) accept the above and find a way to profit from it; or ii) remain on the sidelines and shitpost everytime you miss the next fartcoin. it's your choice
polymarket has a $142M market about to resolve wrong because UMA oracle voters are ignoring reuters, bbc, washington post all confirming the same thing
one trader has $5.8M riding on "no" and somehow the oracle is voting his way despite all evidence
fresh $200M funding round and this is the infrastructure? deadline in 13 hours and everyone just watching this manipulation happen in real time. not even trying to hide the discord coordination anymore
in the last 2 months at defillama we've had lots of tradfi institutions contact us about defi data, way more than what we saw before
feels like tradfi interest in defi is significantly picking up
Now that prices in the agents sector have had a few days to cool off, some of the valuations in the space still strike me as incredibly cheap. According to Kaito for example, AIXBT currently has the largest social influence and mindshare recorded on all of CT, but is still trading at just $460M, which is lower than the market cap of many popular memes that have no function at all.
In cases like this, the value of becoming established as an influencer likely matters much more for the agent in the long run than the current consistency of its output, since the models will continue to improve over time. I suspect the market is over-weighting short term flaws in its output, while under-weighting the value of its influencing dominance and overwhelming mind share. Bullish on influence paired with rapidly improving tech.
Small write up on why I believe $CPA is a $100m MC coin larping as a $14m MC coin:
1. What CPA is/does
CPA is the worlds first On chain Crypto Tax Agent, (currently only works for ETH and US rn), this is basically the second ever Virtualts project with actual utility behind AIXBT, which is at $500m+ MC
This year the tax accounting industry is worth $676.73 billion
The global crypto tax software market and is expected to grow to $20 billion in 2032, if CPA get's 5% of that that's $1b
So many people in Crypto are paying 5 figures for Crypto accountants, with takes lot's of time, money, and effort, CPA fixes that
This will also be the first @ARCreactorAI agent and share revenue with them
Just a new and unique Idea which I fw
2. The dev (honest opinion no glaze I promise)
The dev is @RealTjDunham, this mfer is stacked
He built multiple 9-figure companies, including AI companies
He's the CEO of @ARCreactorAI, CEO of DePo, and more, just has a stacked history and good experience
Seems like a good smart lad overall, got some nice articles about him as well
Got some nice confluence on this as well which is always good to building conviction
NFA / DYOR don't ape the house
>boomer on youtube channel covers gold/silver content
>cant figure out why fartcoin is 800m+
>creates his own coin on livestream called unicorn fart dust $UFD to prove crypto is a joke
>CX pumps it to 100m mc
>he makes 100k+
>sells some for his family + subscribers
>UFD still climbing because narrative is OP as fuck
>yeah, this prob goes to a billy
>major boomer meme catalyst
>ticker + name is S tier too
>dips are for buying i think
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
This whale initially only spent 0.0135 $ETH($27) to buy 2.1T $PEPE and has held it until now.
From $27 to $52M—an extraordinary 1,900,000x return!
https://t.co/Et442zxUGk