Elysium is only as good as HyperEVM (pretty gay)
Arbitrum was only as good as Ethereum
The L2 is only as good as the L1 because it borrows distribution from it
ETH had 11 fig runners so Base could have 10 fig ones
HyperEVM had 9 fig runners so Elysium could have 8 fig ones
And don't confuse Hyperliquid with HyperEVM
Hyperliquid is amazing but they didn't win the onchain activity race with HyperEVM when there's Solana and Robinhood
Elysium will be a short term pump & dump
I was early to this one as usual and my bags are well up, but the first thing you need to identify is the lasting power of a chain so you know when to sell
There's a reason Arc topped on day 1 and Robinhood's chain lasted
It all comes down to if the chain has any future catalysts
When Arc launched, everything played out on day 1. There was nothing left to happen
When Robinhood launched, there were no app listings, shills from Vlad, rh wallet integration, earnings calls, etc
Elysium is somewhere in the middle. Many catalysts have already played out on private mainnet or will play out on day 1 of mainnet
Catalysts that are left after?
- Hyperliquid spot listing
- Hyperliquid perps listing
- fomo/pump users pumping coins
- unexpected events
That's better than Arc but far worse than Robinhood chain
I think most of the catalysts will happen very fast, likely within 1 week of the mainnet and then the chain tops
Hyperliquid perps listings won't happen at all for Elysium tokens since not even the HyperEVM ones have that
Spot listings can happen
Also you need to understand that this Hyperliquid chain thing has already been tried before (shoutout @lesabrefomo for sharing)
HyperEVM is exactly that, just slower and more expensive
It died. The Hyperliquid people aren't the audience for this type of stuff
Yes there's some cool stuff that came out of it. Yes there were 9 fig runners. Yes they got Hyperliquid spot listings. But it mostly died
The same thing is coming for Elysium
It will have runners but don't believe in a dream
Great entry on robinhood:0x2e8c31162b855a2ffa90f6f8634643ad6f111e18 sub $100M
It's the superior meme of Robinhood
AI > CASHCAT
It's a fresh memecoin pair idea plus the LONG launchpad token
In low IQ chats it's consensus that CashCat is the best Robinhood meme
In high IQ chats it's consensus that AI is the best Robinhood meme
I’ve avoided sizing into anything for the whole runup since it's not my edge
My edge is buying the best coins of a chain at huge dips
I did the same thing with Base and Abstract last cycle
I bought $PONS at $15M average and rode it up
Doing the same with $AI here around $80M
It can always go lower
I will just buy more
But this looks like the bottom range
Don't expect a reversal until Bitcoin reverses
Abstract is done
My biggest roundtrip ever
Everyone is going to blame Luca which is fair, but there's no one else to blame but me for not selling
Crypto is full of lies. You're supposed to learn how to navigate it and profit
The chain shutdown is ultimately bullish for Pudgy Penguins. A lot of people will disagree with me on this but Igloo won't be bleeding multi 8 figs a year so they can allocate that money elsewhere. Teams fuck up, projects get exploited like ZEC and they still end up on top
Time to look at other new opportunities. Every cycle the new coins perform the best so forget about the Igloo ecosystem and bid new ideas
Abstract was cool when it was new and sexy. There will be many new and sexy opportunities this cycle too
End of an era
Rasmr enjoys to PvP coins on fomo
“I just thought it’d be funny to vamp the fuck out of TJR’s coin”
“If we’re all on the same team then who are we taking the money from?”
“If we’re the new athletes, we’re supposed to beef and play dirty”
Throwback to robinhood:0x020bfc650a365f8bb26819deaabf3e21291018b4 Robinhood LISTING when the chart WICKED UP DUNPED on the news
“I'm really nervous because I expected it to pump a lot more”
“It didn't even break all time high yet”
“I don't know if this is a signal to sell”
Why didn't Insentos get shaken out of his robinhood:0x020bfc650a365f8bb26819deaabf3e21291018b4 position after he bought at $100M and it dropped to $30M ???
Rowdy says his EDGE is DUMPING on COPYTRADERS
“You're not gonna be able to have people copytrading your wallet without establishing a social presence”
“The moment I buy a token that's $100k market cap, it goes to like $200k market cap. I have a -50% to just break even. That's a massive edge. I can mess up more times”
He spends $550K per MONTH and calls it LIGHT
“How much does your life cost? My bill is around $550k a month which is not that bad, it's honestly pretty lean”
“2024 I bought a car every day”
“My lifestyle is more like $250k. It sounds like a lot, it's not that much”
Grave dancing Hunter Biden’s base:0xb095274743941e953c746f9c228da9c18bb6ec29 with Trumps’s song
“Hunter Biden is just a complete fucking failure and a complete fucking fraud”
“That's the 1 minute chart. It was up for 4 minutes”