Gn tweet A lot of ideas, some executed, some food for thought, anyway lot of practical reasoning 1) NFT Tokens are back? So, I thought quite a bit today about PENGU’s performance and identified two possible betas. One is the one that is pumping already and it’s the most interesting: it’s smaller cap, chart looks decent enough, relatively new, related IP is not too appreciated but they raised a shitton of money (DOOD). The other has the opposite issue, cool ticker, cool IP but problematic related team (ANIME). I also thought about the NFTs but generally when there’s a token it’s always better to bid the most liquid vehicle… because people will bid that. 2) Dead Rich Tokens Generally speaking also I’d keep an eye on charts with clear horizontal accumulation especially where the team has a bit of money, that paid off greatly until now. Am thinking about ELX as another possible case, which is even related to Sui that has been doing great, although nobody likes Elixir. 3) Pump still sitting on most of my PUMP although I think that here playing rotations is a bad idea, you pick one of the two horses (PUMP or BONK) and go. This is the liquid play of the year aside from Hype most likely. Still quite positive about it, although already laid out the bear case (revenue, liquidity sink, everybody frontran all the announcements because everybody knows…). One additional positive thing is how many people fumbled the sale which kinda shows that people are maybe not paying the due attention. For me this is also a bet on teams that know how to execute. I don’t believe in their long term vision (replace meta/yt etc) but I think ability to deliver is a top 3 skill in crypto. 4) Stablecoins stablecoin meta has been a total failure, even though sky/mkr didn’t perform too badly, it didn’t do anything either and even USUAL reacted better. For Usual, the fact that locking 1y pays out 80% is good although it’s not easily hedgeable (funding is harsh). Tbh with the upcoming XPL sale this week, I’ll just participate and re-evaluate. Maybe it’s just better to buy more XPL or maybe Plasma can carry a bunch of tokens if we resume doing rotations. 5) Miscellaneous smaller caps people under appreciate charts that go literally only in one direction, up and to the right, even if slower (EKUBO, TREE most perfect examples). I’m almost entirely out of NILE (s/o to @0xSindermann). Still think getting beta to PredictionFi through FLIPR (main choice, otherwise idk DKING or anything else one likes, hit me with some ideas) is a good idea on dips. Again this is not a list of my positions and also it’s not an exhaustive list of what’s interesting in the market (e.g. Pendle and Boros, Ethos and InfoFi, Fluid and Jupiter, Wlfi and Trump, options derive and Paradex…), it’s just what I was specifically thinking this week. I’ve a long flight to take eow so maybe I’ll write something else down about that. Gn from your resident Yumeko