🐸 Drama and the dangers of 🔬 views

“When the son of the deposed king of Nigeria emails you directly, asking for help, you help! His father ran the freaking country! Ok?” - Michael Scott

In today’s email:

• 🐸 Drama - Did the PEPE team Dump?

• 🔬 Views - wrecking traders on the daily

• 🏆 Now is when you win

🐸 DRAMA

We are in a SUPER boring market at the moment. The hyper focus on the smallest of things has reached pitiful levels and nothing is bringing the attention or belief needed to move the needle.

As statistics dwindle, the hopeful quickly tend to lose hope. When those ex-hopeful are developers, drama occurs as there is nothing else to hyper focus on within the space.

The latest and greatest stems from the massive PEPE sell off from the multisig that occurred 4 days ago. The team transferred out tokens that were intended for CEX’s out to separate wallets, that later sold off more than $16 million worth of PEPE. While this SUCKS and is a SUPER awful thing for the “PEPE Team” to do, we still can see PEPE running in the next bull.

🔬 VIEWS

Over the last week, we have seen a LOT of traders fall victim to the micro views in crypto. Friend.tech running up only to lose all its momentum within a week is a prime example of just how bad the micro market view really is.

If you aren’t trading with MEV or with any other statistical advantage, then you have no advantage. You will lose and be another micro trader casualty. This is not a game of seconds and minutes; it is a game of years. Be smart or be liquidated.

🏆

These market conditions are prime for stacking with a future plan. Will things come back? Yes. When? 🤷‍♂️. The goal isn’t to guess; the goal is to choose the tokens you see people dumping their liquidity into when that time comes. Look at the winners in the last cycles for a fair indicator that it really just takes you one good pick.

Ignore what’s happening on X and spend time on Base. The opportunity branch runs extremely long for projects on Base and we are personally betting rather large on the ecosystem (NFA) 😉. Users, adoption, liquidity. It’s all there.

While this bear is extremely boring, now is the time you prepare your position to be victorious in the 🐂.

Get on Base, pay attention to functionality+popularity, and make small hedges on the protocols you like. It really is that simple.