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Huge shoutout to @BrenzGarage for helping both source and facilitate the purchase of my new 488 pista 馃檹
Also shoutout @MINHxDYNASTY for inspiring me to go for it
It鈥檚 funny because I keep saying ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 might be one of the most obvious size plays of this cycle and I鈥檓 becoming more and more convinced. Have a feeling whales will start to get new pair fatigue and eventually get tired of being farmed on every new hot coin of the day. ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 has stood the test of time, no weird bundles, listed on every major exchange, can鈥檛 be farmed and if eth ends up outperforming this cycle ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 probably outperforms eth by a large margin
It鈥檚 funny because I keep saying ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 might be one of the most obvious size plays of this cycle and I鈥檓 becoming more and more convinced. Have a feeling whales will start to get new pair fatigue and eventually get tired of being farmed on every new hot coin of the day. ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 has stood the test of time, no weird bundles, listed on every major exchange, can鈥檛 be farmed and if eth ends up outperforming this cycle ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 probably outperforms eth by a large margin
d9 馃惂 retweeted
Yup.
Pepe is an insanely straightforward and desirable play, yet people HATE it. Ditto that to a large degree for Fartcoin/useless/etc, but Pepe is unique because of its eth origins
The downside risk is a known quantity (observe it over the 1y bear market, or arguable 2y for alts). It鈥檚 difficult to understate how valuable that is.
The upside isn鈥檛 100x, but it鈥檚 massive:
Eth whales want beta, and they want beta with liquidity. Pepe is multi-B. There is really little to no other beta. What else? Defi governance tokens?
When eth moved 20% in august, Pepe moved 80%. That ratio has more or less held.
Pepe is basically unliquidatable 4x levered eth that can probably overshoot that ratio massively during a blowoff
Thesis is simple:
Frogs jump
few thoughts on $PEPE
I believe its put in a long term, multi year bottom this year
560 days from the top to the recent June low
PEPE is a lindy meme. it's widely loved. great ETH beta. its liquid, does tons of volume
tens of thousands of memes launch every day and go to 0. sure a few runners spawn out of the graveyard of shit. but i think this cycle, big money will bid the liquid, lindy memes
can see this trading back to all time highs with enough patience. i have a bag




















