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Looks like we are getting a farcaster szn on base
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mcSleuth
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$MAMO breached ATH and there's clear skies ahead its literally the strongest (high liquidity) coin on the entire Base network I don't think it's a very smart move to fade such strength
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$MAMO has is one of the best looking charts on base right now, just 5% from entering price discovery, i've been buying a fair amount the past few days as I think it's the best token to get exposure to Coinbase's new wallet TBA the circulating marketcap is just $28M and there's an official coinbase wallet named 'coinbase: fees' which is getting $MAMO tokens from some of the swap transactions. i think this is a pretty big giveaway that $MAMO is going to be integrated into coinbase's new wallet on july 16th also not to mention the high interactions this project has been getting from Base team members and the Brian Armstrong shoutout a few days after it launched the other way to get exposure would be $AERO, but it has a much higher marketcap and the chart doesn't look nearly as good MAMO seems free here
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my bullcase on $ETH and eth treasury companies $SBET and $BTBT: bitcoin has solidified itself as the most favorable cryptocurrency and the face of this industry, due to obvious reasons. the most prominent beta for a while was $ETH but due to it's lacking performance, people have considered coins such as $SOL or even $XRP as better betas to bitcoin i believe the ETH treasury companies, as well as the stablecoin narrative will solidify ETHs position as the main beta to BTC. SOL treasury companies have no traction and 0 mainstream coverage, and there arent any other prominent altcoins that have this same narrative ETH is also the main coin to bet to get exposure to the stablecoin industry, one of the few actual usecases that have come out of crypto my two main bets on the ETH treasury narrative are $SBET and $BTBT. $SBET has the most favorable NAV ratio compared to the other treasury companies, has the largest ethereum treasury and has the ethereum cofounder as CEO $BTBT is like an underdog play, the CEO is not as known as the CEO of $SBET or $BMNR for example but it's an actual business not just an eth treasury holding company which I think gives it a good edge compared to the others this is all well and good, but we need to see the price following the narrative. $ETH reclaiming 3k is what I think will solidify this narrative going to be focusing alot of my attention on the eth treasury companies as I think they have better R:R than most altcoins ATM disclaimer: i am primarily a crypto trader, and not equity trader so my thoughts on equities could definitely be very wrong.
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my bullcase on $ETH and eth treasury companies $SBET and $BTBT: bitcoin has solidified itself as the most favorable cryptocurrency and the face of this industry, due to obvious reasons. the most prominent beta for a while was $ETH but due to it's lacking performance, people have considered coins such as $SOL or even $XRP as better betas to bitcoin i believe the ETH treasury companies, as well as the stablecoin narrative will solidify ETHs position as the main beta to BTC. SOL treasury companies have no traction and 0 mainstream coverage, and there arent any other prominent altcoins that have this same narrative ETH is also the main coin to bet to get exposure to the stablecoin industry, one of the few actual usecases that have come out of crypto my two main bets on the ETH treasury narrative are $SBET and $BTBT. $SBET has the most favorable NAV ratio compared to the other treasury companies, has the largest ethereum treasury and has the ethereum cofounder as CEO $BTBT is like an underdog play, the CEO is not as known as the CEO of $SBET or $BMNR for example but it's an actual business not just an eth treasury holding company which I think gives it a good edge compared to the others this is all well and good, but we need to see the price following the narrative. $ETH reclaiming 3k is what I think will solidify this narrative going to be focusing alot of my attention on the eth treasury companies as I think they have better R:R than most altcoins ATM disclaimer: i am primarily a crypto trader, and not equity trader so my thoughts on equities could definitely be very wrong
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Currently on vacation so I’ve been out of the market Quick update, haven’t sold any of my positions and main altcoin holdings are still $AERO and $KTA Still have smaller bags in coins like $R1 Rebalanced some of my other bags into more $KTA recently, due to its immense strength Trump and Iran have done well in shaking out the non believers, I didn’t expect such a drawdown on our coins but it seems like the worst is finally over
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