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

ngl at one point i was actually very worried if there was even going to be a cycle because of how we had zero innovations this time

what will attract the normies back?

people kept shouting AI AI AI, but really were any of the AI alts performing other than the week prior to nvidia earnings and TAO?

the thought vomit was in reference to this post btw

one can argue that agi is a real application instead of hehehaha picture memes

https://x.com/cz_binance/status/1861306581758976434

President-elect Trump Is Considering Naming An AI CZAR In The White House to Coordinate Federal Policy And Government Use of Emerging Technology.: Axios

Talus Network raises Polychain-led funding round at $150 million valuation, plans TikTok-linked 'AI dating experience' — link | tl;dr

During the recent rally to $99.4K, Long-Term Holders’ Net Position Change dropped to -366K BTC/month, marking the highest selling pressure since April 2024. This signals significant profit-taking by LTHs, but it's important to examine which sub-groups within LTHs contributed to this.

Looking closer, 6m-12m holders led the activity, spending 25.6K BTC/day (7D-MA). Their cost basis, estimated at $57.9K (71% below market price), explains the incentive to capitalize on the rally. This aligns with natural behavior for intra-cycle holders like ETF-related buyers from earlier this year.

Key takeaway: Most selling pressure came from buyers in the $50K–$60K range, indicating intra-cycle LTHs drove profit-taking. There was minimal sell-off by OG long-term holders, whose behavior typically signals deeper shifts in market sentiment.

BTC Long-Term Holder Net Position Change chart: https://t.co/hr64gBGUCd

BTC Spent Volume in Profit by Age chart: glassno.de/3CF66lA

BTC SOPR by Age chart: glassno.de/3ATrqmP