another token i really like and have been buying is $hustle
will share more tomorrow
will share more tomorrow
🔥2🤝2
Crypto Mumbles
https://x.com/YokaiCapital/status/1949178467503034395
this will be interesting to see and imo if they are going to do it, they have to go all the way ie. ALL tokens paired w bonk
option alone won't do much except sound bullish before every dev reverts back to pairing w sol
also, 99% of trenchers use terminals to trade, so terminals will have to adapt (takes time) and now as a trencher i have to hold both bonk and sol to trench
and we will revert back to the path of least resistance (sol) because i can trench every other launchpad as well
option alone won't do much except sound bullish before every dev reverts back to pairing w sol
also, 99% of trenchers use terminals to trade, so terminals will have to adapt (takes time) and now as a trencher i have to hold both bonk and sol to trench
and we will revert back to the path of least resistance (sol) because i can trench every other launchpad as well
👍3
the j-curve*. THIS.
happened to EVERY top performing coin rn: hype, bonk, ena, zora, etc.
what happens is that when projects begin phase 3 and pulls multiples off all time lows, we're wired to think
"ah, i've missed the move"
"it's too expensive now, i could've bought lower but missed the trade"
i mean ofc its gonna be up multiples off ATL its ATL for a reason
but it literally just began phase 3 and you're already quickly dismissing the remaining 80-90% of the move in phase 3
haven't seen this being thrown in awhile, but winners average winners
winners will only continue winning in most cases
*this only applies to utility coins
happened to EVERY top performing coin rn: hype, bonk, ena, zora, etc.
what happens is that when projects begin phase 3 and pulls multiples off all time lows, we're wired to think
"ah, i've missed the move"
"it's too expensive now, i could've bought lower but missed the trade"
i mean ofc its gonna be up multiples off ATL its ATL for a reason
but it literally just began phase 3 and you're already quickly dismissing the remaining 80-90% of the move in phase 3
haven't seen this being thrown in awhile, but winners average winners
winners will only continue winning in most cases
*this only applies to utility coins
👍10
Crypto Mumbles
no good narrative begins with a 100% consensus same as what we saw during memecoin mania and ai mania in 2023 q4 and 2024 q4 respectively you need the naysayers always good to note
there is no asymmetry in a trade where everyone is 100% aligned from the get go
makes a trade worth taking, whether it plays out or not
makes a trade worth taking, whether it plays out or not
but what i don't like is how some debates are reduced to just base v sol
instead of actually debating the mechanism, app, metrics, or the way forward
clearly some soybros are shitting on it just because its not on sol and are somehow feeling threatened
why?
instead of actually debating the mechanism, app, metrics, or the way forward
clearly some soybros are shitting on it just because its not on sol and are somehow feeling threatened
why?
Crypto Mumbles
another token i really like and have been buying is $hustle will share more tomorrow
$hustle
tldr; unique concept, proven team, good narrative
hustle was previously known as tnsr, which i was a holder of in dec 24 - link
i was impressed by the team and knew that they would be building something cool. fast forward to today, they've migrated their token from pump to bonk using their own tech, migratefun
hustle is two projects in one: defai hustle agent and migratefun
both projects buyback into the same token $hustle
thesis is mainly on migratefun. migratefun is the only project rn that helps pump coins migrate over, unlocking LP and allowing for CTO! there are over 50+ projects in line waiting to migrate in august. migratefun takes a migration fee from these projects and uses it to buyback $hustle. (cohort migration announcement: https://x.com/NickDGarcia/status/1949121306508591520)
to note: buybacks have been announced on spaces, specifics to be published soon
napkin math: https://x.com/DecentrlizOrDie/status/1949530410427494607
kitty migration: https://x.com/HKittyOnSol/status/1948925330032349210
introductory thread: https://x.com/DecentrlizOrDie/status/1948392344996503706
interesting analogy: https://x.com/avocado_toast2/status/1949153813820026886
migration meta: https://x.com/avocado_toast2/status/1949146620181815735
possible reasons: https://x.com/NickDGarcia/status/1948762366272815326
team has built emblemvault, great product since 2016
we're seeing a very curious case of people shunning away from pumpca (eg. labubu on bonk is running but labubu on pump is falling), so there exists a bonkfun premium or pumpca tax in the trenches rn. teams are incentivised to migrate over to unlock bonkfun fee structure, hype, premium etc. the TAM here is virtually any pump token with LP stuck. it is possible that teams can experience a second life post migration, just as how hustle successfully migrated to bonk and pulled 20x. pretty cool overall and i can see this catching on as it gains awareness and traction from teams migrating, i guess its also about aligning with the market.
overall it does feel a bit under the radar for now and can possibly accelerate quickly once news of team migrations are out + buybacks. just as how i initially thought i was late to gp before a massive repricing to the upside. when i looked at gp around $1, it felt painful to topblast after multiples off the lows, but it went even further after more eyes were on it. similar thoughts here!
there are risks too, such as if tom builds his own migrator, or if bonk narrative fails due to pump's resurgence, etc. in those cases, the trade will be cut
glhf!
HUSTLFV3U5Km8u66rMQExh4nLy7unfKHedEXVK1WgSAG
tldr; unique concept, proven team, good narrative
hustle was previously known as tnsr, which i was a holder of in dec 24 - link
i was impressed by the team and knew that they would be building something cool. fast forward to today, they've migrated their token from pump to bonk using their own tech, migratefun
hustle is two projects in one: defai hustle agent and migratefun
both projects buyback into the same token $hustle
thesis is mainly on migratefun. migratefun is the only project rn that helps pump coins migrate over, unlocking LP and allowing for CTO! there are over 50+ projects in line waiting to migrate in august. migratefun takes a migration fee from these projects and uses it to buyback $hustle. (cohort migration announcement: https://x.com/NickDGarcia/status/1949121306508591520)
to note: buybacks have been announced on spaces, specifics to be published soon
napkin math: https://x.com/DecentrlizOrDie/status/1949530410427494607
kitty migration: https://x.com/HKittyOnSol/status/1948925330032349210
introductory thread: https://x.com/DecentrlizOrDie/status/1948392344996503706
interesting analogy: https://x.com/avocado_toast2/status/1949153813820026886
migration meta: https://x.com/avocado_toast2/status/1949146620181815735
possible reasons: https://x.com/NickDGarcia/status/1948762366272815326
team has built emblemvault, great product since 2016
we're seeing a very curious case of people shunning away from pumpca (eg. labubu on bonk is running but labubu on pump is falling), so there exists a bonkfun premium or pumpca tax in the trenches rn. teams are incentivised to migrate over to unlock bonkfun fee structure, hype, premium etc. the TAM here is virtually any pump token with LP stuck. it is possible that teams can experience a second life post migration, just as how hustle successfully migrated to bonk and pulled 20x. pretty cool overall and i can see this catching on as it gains awareness and traction from teams migrating, i guess its also about aligning with the market.
overall it does feel a bit under the radar for now and can possibly accelerate quickly once news of team migrations are out + buybacks. just as how i initially thought i was late to gp before a massive repricing to the upside. when i looked at gp around $1, it felt painful to topblast after multiples off the lows, but it went even further after more eyes were on it. similar thoughts here!
there are risks too, such as if tom builds his own migrator, or if bonk narrative fails due to pump's resurgence, etc. in those cases, the trade will be cut
glhf!
HUSTLFV3U5Km8u66rMQExh4nLy7unfKHedEXVK1WgSAG