o wow my virtual bags are booming

slow and steady 🤠

i think this idea here has played out since luna has lost the spotlight

virtual has meaningfully decoupled and is now running harder based on platform demand, something that i really wanted to see

because now it isn’t just being carried by a single agent and it’s great for the eco overall

i’ll shift all my remaining luna into virtual and sit on it for the rest of the cycle

early, but not wrong

i haven't really tapped into base eco because i don't really want to split my attention too much

but my base bets are concentrated and already in place

might relook since today's chatter is about how base is hotter than sol rn

i previously mentioned that i thought on chain was getting super frothy - but friends smarter than i am on chain believe its about to get a mania phase

i’d heed their opinion instead

onchain s3 coming soon to a cinema near you

just remember this, you'll be fine

https://www.youtube.com/watch?v=cUbIkNUFs-4

i like this

most folks think in binary

sol v eth
sol v base
utility v memes
sentient v trad memes

why must it always be either or?

these corrections wash out the bad, while the good will remain thriving just like wif and popcat did despite all the -80% along the way

its nothing we haven't seen the past year

which is why i kept speaking about sticking to established winning ai agents instead of punting your money around uncertain newer lowcap agents

one wrong pick and you're washed

++

don't think we see blind manic conviction yet

study returns dispersion

some refuse to adapt and their returns reflected so

also consider how some have greater networths, so chasing memes is futile neither does it help with move their book

for those, they are okay with 2-3x on 7 figs, but statistically speaking what % of people deal w 7 figs and more

anyway, even if you think the pendulum will start to swing away from memes, i doubt ai will be affected

they aren't memes and in fact most have some form of utility by now

they are the hopes and dreams that you can sell to retail

the narrative we've been struggling so hard to look for

basically zero innovations in the defi sector btw

instead 10000 more L1s and L2s

think about it

they don't and will not trade the same

its the greatest schelling point

and until majority is convinced this is the next big thing that will change the world or that they have bought the next nvidia for cheap

there is still room to go

so how do you plan to sell retail the same package this time

no upgrades, no extra perks, no bonuses, same risk

would you put your money back with a bank that didn't improve its security after being robbed AND your lost money didn't get refunded

prior to memecycle becoming consensus the market was literally *struggling* to find a narrative to sell

restaking? failed.
socialfi? failed.
6000 new L1/L2s? uhhhh...
+ a few more narratives that i can't remember off the top of my head