Also 2.4B FDV for an IP brand that has penetrated into mainstream consciousness, has widespread appeal, building games and new worlds, survived the brutal NFT bear market and founder rugs, likely to be undervalued?

$PENGU will be repriced, and when it does, it will happen so fast no one has time to catch the train

At $6B FDV it does seem overvalued, but realistically between 4B-5B is a good spot

Will watch how Luca and the team cooks this. Abstract chain airdrop is also not priced in

NFT people also don’t know how to dabble with liquid tokens either

Clear market mismatch

Base case top 20 about to be fulfilled.

Bull case Top 5 cooking in progress

$HYPE is now a top 21 token by market cap.

Celestia foundation raises $100M led by Bain Capital Crypto, bringing the project’s total amount raised to $155M — link

I think $ETH likely to outperform $SOL from here on Simply too hated, too unloved and everyone is so cynical about it, all while $SOL has become the consensus “blue chip” large cap to hold If I had $SOL, most likely will rotate to $ETH Just a gut feeling.…

The cat is gonna pop into ATH soon ?

Woke up to dying traders and rekt plebs because of the market dump and I couldn't stay away any longer. Also having trouble sleeping.

A reminder that the current scenario has already been given by me in May

Market is trying to find a higher low and has been chopping for months

Failure at 56.5k opens the door for 52k where it should find a more healthy bottom. Wicks below are possible but so is stopping short of 52k.

I also said 52k is more likely now because of Mt Gox

Total3 may actually need to run below gcr low now as this imbalance is always a core issue for ogs to feel like they are in control again and start bidding lmao

On the off chance that we have bottomed already, we will still be in a disgusting grind until probably late August to early September

Rotated a chunk of cashed out gains into a tech stocks fund

Roundtrip risk completely removed

Remaining capital in crypto will be used to chase outperformance

Still bullish crypto towards the end of the year.

I really have no idea what will happen in the short run (no one does), but mentally prepared for the scenario we head down towards the 50K region

That’s when I will be knife catching, ofc with the combination of a few other factors. Sounds bearish but I think this is the right frame of mind at the moment

Bitcoin forming lower highs multiple times for 4 months is unfortunately not a good look by any measure.

When we first tested 58K from the Mt Gox fud + Germany selling I really thought it was the bottom.

Invalidation happened for me when we went back to 63K and then immediately broke down to 60K. Not good at all. Ok I sound doom posting af please forgive me for I am now a dirty bear

Still a bull in sheep’s clothing, I will be bidding hard when the time comes.

If we bounce back, happy to buy back higher once we back to FOMO mode too

Think July will have plenty of buying opportunities but requires real patience

Current portfolio is concentrated in $PEPE + $WIF + $TRUMP