Ren retweeted
$PYTH revenue growing 20% every month.
Huge growth. 60% of all revenue is used to buy back tokens.
Bullish.
Ren retweeted
$STONK printing higher low.
- Coins launched on STONK are 37X more likely to get over $100k Mcap than coins launched on PUMP, and actually higher success rate than any other launchpad.
- Coins are paired with top crypto and therefore highly reflexive to PA
Easy 10X from here.
Ren retweeted
solana:HZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt3 still holding above downtrend
- Revenue growing 20% month on month, with 60% going to buybacks
- Still 20X to all time high
- 95% of RWA perps powered by PYTH, a sector that is exploding in growth
Strong buy here.
Ren retweeted
$GRASS corrected back to previous resistance and now flipping to support. Chart still looks great.
Strong buy here.
Ren retweeted
This news is obviously super bullish for $HYPE.
Not sure the market has realised yet but it's also likely super bullish for $PYTH seeing as 96% of RWA perps are currently powered by PYTH.
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Ren retweeted
The bull case for crypto here. Slightly longer post.
Right now the market is extremely fearful of Iran war escalating, Russia war, major AI hacks, Quantum breakthroughs, AI capex bubble, NeoCloud credit risk, rate hikes, and anti crypto Democrats gaining power.
Markets are forward thinking and the things we fear generally get priced in based on the probability of the likelihood of them occurring.
Over the next 2 weeks we have multiple opportunities for multiple of these fears to alleviate. FOMC next week, many big earnings such as Google and Robinhood, and mid terms in just over 1 week.
After those 2 weeks many of the uncertainties in the market are cleared, and fears that are priced in can be priced back out. $BTC 50 week SMA is at around $76k, and usually in a bull market we don't drop back below that unless there's a black swan, which means something we are not already fearful of and pricing in.
Most mid terms years the market actually bottoms 2 weeks before midterms, but admittedly there's more uncertainty than usual this time around.
Now for crypto fundamentals, I think this is the best cycle we've had for altcoins in a very long time. The market has rejected low float VC coins, where essentially VCs buy early, then coin launches with very low circulating supply and very high market cap, while coins unlock and get dumped on retail over a 4 year+ period, while having no real revenue or value accrual. That whole system killed altcoins last cycle.
We are now seeing the great unfuckening of coins. $ENA is a great example - unlocking all the coins, and setting a plan for revenue based coin buybacks for real value accrual. At the same time we have the RWA explosion, which is leading to a huge amount of new liquidity and high quality assets entering the crypto ecosystem, that will be used across DEXs, lending, and other crypto applications. We have the privacy and anti quantum narrative, which actually make crypto a great hedge against the fears outlined above. And finally AI agents transacting on crypto is likely to grow exponentially from here.
My base case is much higher in November, and BTC over $100k by EOY, and quality altcoins outperforming BTC by a large margin.
My conclusion is that the risk reward ratio of selling here is very bad, and the risk reward ratio of continuing to DCA buy alts seems very good.
Ren retweeted
The main reason it’s so easy to win in crypto is it’s full of weak hands with borrowed conviction that can’t hold through a single minor dip.
If you’re able to hold an altcoin for 3 months+ you already have an advantage over most and will likely outperform 65% of people.
Hold 1 year+ and you’ll likely outperform 90%.
Taking profits hasn’t even crossed my mind this cycle, I’m still in accumulate on dips mode. I expect the bull market to last between 2 and 3 more years from here.
Ren retweeted
$BTC and alts for Q4
BTC - Assuming weekly closes roughly where we are now it looks very bullish with previous resistance holding as support. Next resistance is $93k where it may consolidate for a bit. During the consolidation I think altcoins will rip higher. Once BTC is in the blue box I think it goes to all time higher vey quickly.
During the BTC consolidation under $93k I believe we'll get an alt season. Lots of alt charts looking great sitting just above downtrend breakout levels.
Ren retweeted
From the Citrini portfolio I’m holding:
$SOL $ENA $HYPE $LIT $BP $ONDO $LINK
I held $AAVE, $ZRO and $SYRUP last cycle, but sold and never bought back. Potentially a mistake.
Faded $DRV and now sidelined.
Think this is a good buy list if the market has a real wash out. Only criticism I have is I would add more SOL beta e.g. $RAY $JUP $PYTH👇
