$CASHCAT above $200m again

this is pretty bullish because, accidentally, they may have just manufactured long term robinhood users

almost like a form of stockholm syndrome, created through what is arguably a black swan event

the dip will get bought like nothing happened, and the collective comes out stronger because we just went through something together // shared pains

solana will have a really hard time bringing back users

gm gm.

cashcat's chopping sideways for a bit, so while the bag cooks it's time to focus on other things

I'll be competing in the new 4 week legend.trade qualifier for a chance to earn a spot at the legend trade series in south korea

I've never been to south korea, so making it would be pretty surreal. it'd also be cool to finally meet other traders in person. there are also weekly cash and physical prizes, and over 6 figures in rewards across the season

if you think you can cut it then join me in this comp too

https://app.legend.trade/r/NEAR

and in case you missed it, had written a longer thesis here
https://x.com/Nearisbuilding/status/2065043919918748104

guys at legendtrade are fucking cracked

just checked on my cashcat bag

still well in profit and don't really care to sell here. I know the CTO team is cooking some major things, so I'm happy to let that play out.

as for launchpads, that'll probably be my next bet on the Robinhood ecosystem. there are a dozen teams all trying to fill the void right now, but I don't think there's a clear winner yet. I'm not interested in forcing a position into one of the existing projects just because there's hype. I'd rather wait for the market to reveal a leader, then size into that.

patience is my position

I’ve been working on a fun onchain game this weekend and thinking I’ll release in the upcoming week

can’t wait to share with you guys. keep an eye out

def onchain game of the year

tell em unc

checking this out since my good friend kioto is so bullish on it, took a position in $AI (Artificial Inu) which is pegged to NVDA

only way to buy rn is through LONG, don't get MEV'd on AXIOM

7m -> 14m tp’d hard left a moonbag

will be playing more conservatively from now on with my positions. cashcat was the perfect example of aiming for the sky and falling short. yet Icarus wept for he knew to fall means to have once soared. anyway enough rambling back to trenching

been a week since i last wrote one of these.

first of all, I wanted to acknowledge my previous post. It didn't play out the way i expected, and that's on me. when you put your ideas out publicly you're going to be wrong sometimes. the important part is learning from it, adapting, and moving on

after taking a step back, I've realised there's no point overcomplicating things. I'd rather stick to the positions where i think the asymmetry is clearer

1. CASHCAT

from what i've heard, there are some strong announcements coming up, and as the current leader on robinhood chain I don't think it stays suppressed for long. I bought around $42m market cap and I'm looking for a reclaim towards $60m first. once we get there i'll decide whether it's simply a reclaim or the beginning of a much larger move.

the bigger reason i'm comfortable holding is it's near the bottom and since it's a meme then price can move much faster than people expect. I like the risk/reward enough

2. SOL

opened a small 5x with a stop at $72. looking for a reclaim into the $80s if broader market sentiment continues improving. that's it. no crazy predictions, just these two positions going into the week.

for anyone interested in the SOL TA then Z's chart is worth a look:

https://x.com/blknoiz06/status/2081491133318693092?s=20

the philosopher's stone, the symbol of perfected transformation, the point at which nothing more needs to be added or removed, because everything unnecessary has already been dissolved.

you begin with the prima materia, the formless substance from which all things emerge, and with the furnace, where every false attachment, illusion, and impurity is slowly reduced to ash. only then can something worthy of refinement reveal itself.

the philosopher's stone was always something to become. can you find yours?

cashcat looks like it put the bottom in

hope everyone who followed the alpha enjoyed the announcements. from here, we see how it performs

this is starting to remind me of the early bonk days

now we watch

last thing before i forget

gonna put you guys on game

amouage is in my opinion one of the best fragrance houses in the world. founded by the omani royal family. they’ve been making some incredible scents for decades. highly recommend interlude and royal tobacco

if you want to smell like a prince instead of a bum then pick up a bottle

you can thank me later

cashcat touched 60m, vlad mentioned it on the earnings call

ill look to resize lower, this is def here to last