before the upcoming rh leg 2, i'd recommend to everyone to go back and read every single update from @longdotxyz and @Natan_benish over last 8 weeks
the LONG ecosystem (now integrated into the official RH app, one of only 2 RH native projects) got several upgrades that fundamentally changed liquidity dynamics, all centered around one singular asset...
you missed the AI trade
don't miss the AI trade
one of two RH native projects integrated in the official Robinhood Wallet app
just checked the app and confirmed it myself
slowly, then all at once
LONG
LONG is now live on @RobinhoodCrypto Wallet, enabling users to discover and use it directly from the app.
LONG.
all of rh coins have giganuked nuke, meanwhile the @gagedotcash chart...
2 straight months of stablecoin accumulation. Gage will be the #1 RH native lending protocol once it passes longbow, which will at any moment. i told @0xbisbis this, and its the best compliment i can give: i will be using gage for yield even after i've sold all my coins. its simply an app that works and gives wide variety of yield options as a lender and 0 liquidation loans as a borrower. i'll likely use both sides
here's some breadcrumb trails for you to follow to get an edge and find info assymetry:
- check website, there's an audit from Tier 1 security firm that published, but hasn't been publicized yet. i've dug in and asked frens, this isn't some hodunk security firm, its legit Tier 1. speaks to seriousness + upcoming tvl ramping...
- check devs X, notice where they have been and who they have been rubbing shoulders with at these events
i've found a few more inderdasting things that will likely happen over next 1-2 weeks, but i'll leave all of that for u to sniff out. have fun
today i am reminded that you cannot make money unless
- you are an independent thinker who formulates their own hypothesis
- you got the cajones to stick to your guns no matter what
most ppl can't do this. insanely difficult, and takes years of failure until it clicks.
but i can do this. im not always right, but whenever i have a trade that is 10/10 conviction, im always right. and even when im wrong, im deluded enough to know im right regardless. and with robinhood:0x2e8c31162b855a2ffa90f6f8634643ad6f111e18 i know im right.
i felt the exact same way when i sent PORTAL presale even though every single person told me it was a rug, because i put in the research legwork (i discovered the binance crumbs) and i was convinced i was right regardless of what the market said. was the same way when i absolutely whaled creepz at the lows before the runup. was the same when i loaded up on sol between $10-20 in 2023 when everyone declared it dead, being one of the first depositors in JTO and one of the first 100 Metadao participants.
and its why ive spent 4+ years accumulating early AI art, even though the trade hasn't hit yet, but i know it will. its why ive spent 1.5+ years contributing to the postfiat ecosystem, because i know it will be the leading currency in the ai x crypto age; not yet, but i know it will be.
no im not the best trader, i lose probably 70-90% of my trades (mostly because i trade things im not 10/10 convicted on. big leak! likely boredom, ill continue to work on it). but when i find an edge from an independent thought and im 10/10 convicted, i size heavy because i trust myself. and im right.
i am 10/10 convicted on AI. its why i loaded up on robinhood:0x2e8c31162b855a2ffa90f6f8634643ad6f111e18 with billions as my target at 7m fdv (and shared here at that mktcp btw), and it's why i haven't sold a single penny but continue to buy more. a -90% dip is peanuts.
AI is this cycle's kingmaker trade. fade me if u want bitches, i'll see you at 1b+ in december.
go look at how BTC/crypto performs historically over the next 6-12 months after bond yields top after a runup
if you go through all of the recent robinhood:0x2e8c31162b855a2ffa90f6f8634643ad6f111e18 sells on social trading apps (fomo or pumpfun) it's a tale of 2 archetypes
- ppl that topblasted the pico highs and are now selling the pico lows
- ppl that are buying + selling multiple times in extremely short periods of time, always losing the trade and getting chopped up with fees (ie- the worst traders alive, most likely nepobabies with unlimited funds that are just gambling)
im not cherry picking either, just go open up the activity tab and see for urself. nobody with actual conviction or skill is selling
this is normal- it's called time-based capitulation, and is what happens with most coins after price based capitulation is over (note- lows must hold for this to be true; new lows on AI would invalidate and we would likely get more og holders selling).
we are convinced we are in the "time-based" phase because of all of the associated high-confidence signs- volatility has been decreasing every day, volume has been decreasing every day, and holder count continues to rise.
who knows how long it will take, but i am fine being the counterparty to these ppl until they are out of coins.
this is an incredibly significant data point
Fun fact:
When artificial-inu-3:native was trading at $350M, the highest value of NVDA holdings across its pools and vault was $2.3M.
Now that it's trading at $70M, it still holds around $1.59M worth of NVDA.
The dog is down 80% from its peak, yet its NVDA holdings are down only 30%.
Pretty insane how robust this mechanism has proven to be through all the buying, selling and volatility.
Now think about what happens when the dog starts running again.
If the current ratio holds, by the time artificial-inu-3:native revisits its ATH, it could be sitting on over $7M worth of NVDA. At $1B, that number would be north of $22M.
And there's something about giving CT an absolutely ridiculous target to rally around.
$SPX set out to flip the stock market. Never happened, but the coin still went to billions.
$WIF's run really took off when the community decided to put a dog wearing a hat on the Las Vegas Sphere. Never happened either, but WIF still went to $5B.
$GOAT wanted to make an AI a millionaire. Somehow, CT actually made it happen and sent the coin past $1B in the process.
And now we have an artificial dog slowly accumulating Nvidia stock with the ultimate ambition of getting itself a board seat.
Another completely unhinged target, except this one has an actual mechanism working towards it with every trade
I don't think you guys are remotely prepared for how far this joke can go.
fascinating to observe
equally fascinating is watching the same 10-20 ppl chop themselves up trying to "trade" AI, buying 50-100k worth then selling it back within 24 hours for loss
holders have beaten the traders to this point and they will continue to do so
$AI’s price action on fake US/Iran news shows how much capital is waiting on the sidelines, ready to bid when the market picks up again.
JOLLY DINGER retweeted
For context *within 3 months on a new chain* LONG alone created flows equivalent to roughly 1% of the total retail flows into $NVDA over the past year.
RWAs are the most disruptive trend in finance since the rise of retail brokers and ETFs.
They are not even at 1% of their potential.
Think about the potential of LONG and its pairs in a $1T category, even at our current share of activity.
We play the LONG term game, and we will win.
Stock by stock.
JOLLY DINGER retweeted
$AI update:
So far continues to follow the path laid out previously. Would like to see the 0.236 fib hold as support here on the daily close.
Expect more boring price action for the rest of October before a sustained reversal back to ATHs.
Patience + conviction will be rewarded in the coming months. No doubt in my mind that $AI is the meme of the cycle.
The first truly novel narrative we have seen on-chain since Pump launched and its not going anywhere.
Board sit.
$AI update:
Very strong reaction from the dip to $0.72 which exactly what bulls wanted to see.
$AI rallied 75% in 11 hours just highlighting how much capital is sat on the sidelines ready to be allocated.
Likely see some boring chop between 0.85-0.136 for rest of October before a sustained reversal to ATHs
No point looking for a quick flip here. Any positions should be built with the view of holding for weeks/months imo.
THE platform to maximize fair access to and ownership of the Internet’s stock market
currently #1 in daily revenue for robinhood chain btw
still a top tokenized stock holder across multiple tokenized equities, remains a leading tokenized equities volume driver, and more
nothing has changed besides price+emotion
yeah price is ass and i feel the fear too but sometimes u just gotta let the cajones hang low
LONG is now #8 on @Lighter_xyz partners (in terms of all time activity)
LongX is extremely strategic:
1. Perps are one of the fastest growing segments of RWAs
2. Baskets and spot perps enables both LONG and our pairs to capture this upside(pairing, active management, carry, more customized options)
3. we've generated over $200m vol on LongX markets this is like being the first prediction markets. We own the infra, liquidity and distribution and don't need to relay on others to ship.
We will keep executing on expansion and domination of every RWA segment. We are not a launcher but a platform to maximize fair access to and ownership of the Internet’s stock market.
LONG.
