I have been inspired by @tulipking's recent call for people to do more thesis crafting and produce more unique thoughts/ideas/trades publicly I think there is a big gap in the market of differentiated thinking and truly building your own convictions in positions. Then making those public. Whether they turn out to be right or wrong doesnt even matter. Sharing your thesis publicly with solid reasoning is what matters. And im not talking about sharing a thesis on a 2 hour project that 2 weeks later you are already on to something else. This is already being done at scale by KOLs to generate exit liquidity and it is the least inspiring thing to see. Im talking about true, long term conviction on a position that you have where you can contribute something new and unique to the conversation The success of @brezshares and his theory crafting with PRL is the most notable that comes to mind. I think there is an opportunity for people to do similar things across other assets in the space this article is my attempt at publicly sharing my thesis around solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp and why it is my highest conviction position in my portfolio

Threadguy uses Charlie Munger's inversion principle to explain why meme coins, L1s, and VC coins are all dead and only 3-4 tokens matter "Taiki references this Charlie Munger concept in his new video. Munger's whole bit was figure out what all the most retarded people you know think is going to happen and then do the complete opposite." "So when you're thinking about what the next coins that get real flows are gonna look like, you should start by inverting to figure out what they're definitely not gonna look like. They're probably not gonna be some L1, L2 infra token again. Probably not some super bloated low float high FDV VC coin. And I might get some flack for this, probably not gonna be a meme coin again. Like if we extrapolate two years out and you look back, would you say wow the trenches really won again? Does that sound right to you? It doesn't really sound right to me." "VC scams probably don't win again. Infra tokens probably don't win again. Mass token dilution thousands of tokens rip also probably doesn't win again. And so you go backwards and consolidate. Less coins more flows. You come up with a trading platform token like Hyperliquid hitting price discovery on TradFi assets. You come up with a Zcash thing which is return to cypherpunk, return to crypto ideals, 10 year proof of work distribution. You come up with VVV and actual private AI. Things like MetaDAO. And I leave feeling pretty optimistic about what's left. Feeling pretty good because my counterparty I think is really dumb. I think my counterparty is fucking stupid. And that gets me going."

so is this bullish or bearish YZY token?

pumpfun is in a privileged position where they’ve been able to buyback 17% of circulating PUMP supply while still having ~$2B to spend on growth are they using that money effectively? TBD, but there’s really no other project that has been able to do both https://t.co/9Ipj9LXboA

>XPL up 40% in the past week >chart still looks like this https://t.co/6WMuuJZooS

I've been spending time in the Base/Zora cryptocurrency world with my new creator coin and I have to admit that community has some serious "can devs do something?" energy

pump simply has an inherently jeet culture and this reflects in PUMP’s PA Perps are a 0 sum game (HYPE); memecoins are a negative sum game (PUMP)

time to accept that pump's business model is way stickier than ppl initially thought, similar to hyperliquid onchain meta moved to privacy, ORE, literally everything but memes while pump continues to put up $1.2m+ rev days https://t.co/4UlZxnEmhu

the mad lads truly turned a meme into a real business some of the greatest execution i've seen in my lifetime convert useless token into $40 billion in equity value https://t.co/B0SoV3mHzn

Lighter and Aster both regularly doing more daily volume than Hyperliquid throughout october defillama relisted Aster's new perps volumes, they're ~80% lower than the previously reported numbers but still the highest of any perps DEX https://t.co/2kjrXLAEak

time to do the meme rolling 2 day $clanker buybacks of $120k -> ~$22m annualized ofc daily fees were <$10k just a few months ago ...

If you felt bad for missing ASTER you should also know you could have gotten an entry below $40m marketcap for months via APX They're the same token, you can still convert APX -> ASTER 1:1 https://t.co/BsLdJ69bVK

If you felt bad for missing ASTER you should also know you could have gotten an entry below $40m marketcap for months via APX They're the same token, you can still convert APX -> ASTER 1:1 https://t.co/BsLdJ69bVK