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

uh what

https://x.com/hippo_cto/status/1842815655822700771?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

neiro pvp all over again but this time it’s moodeng

where did this hippo even spawn from zero mindshare for the sui one

not great for moodeng sol ngl

I think this is somewhat true, but def changing/has changed a lot over the last year or two.

Few observations as a CEX trader who trades memes too

Around 80/100 CEX traders I talk to trade memes, but most stick to the memes listed on CEX and have only ever lost money buying memes on Solana. I think 1-2 years ago a much higher % were dismissive of all memes.

CEX traders on average are older, many have been in the space for a number of years and had to suffer for a long time before making good money. They dislike seeing zoomers making 6-7figs on shitcoins and quickly assume there was some shady extractive shit going on.

CEX traders have no idea which memes are culturally significant and have cultish communities. They struggle with intangibles. This may be because they are typically older and not on tiktok etc, or because they haven't spent time in the trenches.

CEX traders I know have been more receptive to memecoins like $DOG (The fractionalized doge nft), or coins that have a real narrative or story behind them. Generally I feel CEX traders are more bullish on provenance coins that the average kid in the trenches trading short term attention

This isn't really my personal view, but some thoughts

added a small utility project cause it looks interesting, will share more in a bit