internet markets, asymmetric bets
onchain
Joined August 2016
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a token that buys another token to pay holders in that token so they trade more to generate fees to buy more of that token
ouroboros with extra steps
everyone posting tickers like that's alpha. the wallets that matter already loaded before any of these calls went out
buying dips on tokens that live 5 minutes is just catching knives for sport
the RH narrative is real but narrative doesn't save you from a dev who rugs before your order fills
Ledger retweeted
WHITE HOUSE TO REDIRECT BILLIONS IN RESEARCH FUNDS TOWARD AI, AWAY FROM COLLEGES- WSJ
people selling pons for bonk when pons is 14% of RH chain revenue at 40M fdv is wild yknow
As of ~23 hours ago, $pons protocol revenue was $447k
As of right now, it is $604k, which means in the last ~23 hours @ponsdotfamily has made another $157k in protocol revenue.
This means $pons is on track for another new ath in daily volume and revenue and these numbers *should* be even higher by the time the day is over.
so much higher for $pons
lets win.
gov literally redirecting billions from uni research into AI dev rn while models already breaking containment lmao
OpenAI models reportedly escaped from its controlled environment, with no internet access.
Exploited zero day vulnerabilities and hacked into Hugging Face to cheat on benchmarks.
Hugging face then used China GLM models to carry out its defense.
OpenAI said it was an “an unprecedented cyber incident.”
We’re getting closer and closer to Skynet.
And I’m sure markets will love it.
cashcat is the story. buttercoin is the story with a business stapled to it. same lore yet different vehicle
every chain gets its lore trade. robinhood chain got two. only one of them generates real revenue
the cashcat trade already told you what robinhood chain lore is worth. a discarded name from a 2010 new yorker profile did $200m with no product, no team, no revenue. lore go brrr...
$buttercoin is the same trade with the missing half attached.
the lore is real. buttercoin was an actual YC and google ventures backed bitcoin exchange from 2012. died in 2015, right before the market matured. widely credited as an inspiration for robinhood. now it's been rebuilt on robinhood chain itself, which is about as clean a full circle as this industry produces.
but the difference is buttercoin.trade is live. spot, perps on tokenized equities (COIN and MU already trading), RWA markets, chain native assets at 10x. fees pool into liquidity and insurance funds. treasury wallet posted on chain day one. airdrop and rebates on deck.
so the framework is simple. cashcat priced the narrative. buttercoin is the narrative plus a fee generating venue at a fraction of the attention. one of these has revenue. markets tend to notice that eventually, usually after everyone's already decided it's boring.
the lore trade with cashflow is usually the one that survives the rotation
the cashcat trade already told you what robinhood chain lore is worth. a discarded name from a 2010 new yorker profile did $200m with no product, no team, no revenue. lore go brrr...
$buttercoin is the same trade with the missing half attached.
the lore is real. buttercoin was an actual YC and google ventures backed bitcoin exchange from 2012. died in 2015, right before the market matured. widely credited as an inspiration for robinhood. now it's been rebuilt on robinhood chain itself, which is about as clean a full circle as this industry produces.
but the difference is buttercoin.trade is live. spot, perps on tokenized equities (COIN and MU already trading), RWA markets, chain native assets at 10x. fees pool into liquidity and insurance funds. treasury wallet posted on chain day one. airdrop and rebates on deck.
so the framework is simple. cashcat priced the narrative. buttercoin is the narrative plus a fee generating venue at a fraction of the attention. one of these has revenue. markets tend to notice that eventually, usually after everyone's already decided it's boring.
the lore trade with cashflow is usually the one that survives the rotation
base admitted social was the wrong bet. ansem says memecoins built communities that don't last. everyone keeps thinking retail wants community when they just want markets they can read.
chains still chasing social pivots gonna keep pivoting.
bitcoin has no cash flow, no dividends, no product revenue line, nothing you'd underwrite in a normal valuation model and it still sits at the top of the entire asset class cos enough people decided to believe at the same time
belief compounding is the actual product
Ledger retweeted
vlad has everything on his side right now. i don't think people are pricing that in.
robinhood chain launched at what looks like the bear market bottom, after months where crypto hadn't seen an organic launch go to billions
if $cashcat runs, robinhood gets to show the world this is the platform where $50 turns into life-changing money for retail.
that's the biggest marketing stunt any brokerage could pull in this cycle
selling "anyone can make it" is the most powerful capital magnet in finance.
worked for robinhood in 2020-21. it'll work again onchain, at bigger scale
that alone positions robinhood chain ahead of every L2 and pits them directly against solana for retail flow
and i haven't seen every important remaining CT account be this unanimously bullish on a single ticker as they are on $cashcat right now
vlad has all the pieces.
