though i don't show it often anymore, but when the meme mania settles, you'll see more of the old fundamental based dpycm again 😸

its just that the current market isn't rewarding a lot of fundamental plays rn

to quote a smart friend,

"if the meta is in defi and lrts, yes you bet your ass i will suddenly care about yield. but its not"

the market is always right and you simply align yourself to it if your goal here is to make money

lmeow

i added a bag of $rapr today to stake for 350% apr

i've watched it since $20-30 but chose to fade it cause i thought no one would be interested in yet another ohm fork

but it continued to climb steadily with uponly pa unaffected by market and macro swings

allocated what i am willing to lose if it unwinds

rapr chart

RAPRz9fd87y9qcBGj1VVqUbbUM6DaBggSDA58zc3N2b

somehow i feel like there is a good chance this happens

murad is sort of a beacon, guiding investors w no trench experience in buying his cult recommendations

price goes up and it becomes a self fulfilling prophecy from there

https://fxtwitter.com/jpeggler/status/1842333970475663551?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

general guide moving forward should be short cex long onchain

ofc not every cex coin, but should work with majority due to alt dispersion yada yada

what about retail accessibility if its onchain?
moonshot covers that perfectly, at least for sol side

you don't have to literally short too, just a figure of speech as to where to place your attention

will work with this in mind for now

imo cexs are having trouble keeping up w listing of memes and they probably have to clear strict guidelines before being able to as well

popcat is still NOT listed on binance spot at 1.2b

i'm sure they probably won't be able to list the next few upcoming 9 fig memes too, so onchain will be where the party is at

in the meantime, fundamental alts continue bleeding against memes

and with every fumbled launch (ie. eigen), participants lose faith even more and look toward nonsensical tokens instead

and due to the nature of onchain, i won't be surprised if there comes a day whereby cex alts are having a bloodbath but your cult coins push green

actually maybe it sort of already did happen, just not to a huge extent

re: ansem debate

if it is public knowledge (i'm sure 90% know shady pnds happen all the time w KOLs) and people still willingly buy into his tweets, then can the blame be fully on ansem?

its the same as wallet tracking which is mostly -ev esp for the trenches (KOLs buy and sell in the same minute to farm copytraders or trackers because they KNOW)

feels like its a willing victim scenario because personally i stopped buying into any tweets and have mostly been fine

but i don't doubt that there are shady things happening behind closed doors too

in any case, always better to be lowkey as with life