mcSleuth

$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

$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

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.

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

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

$AERO - looks like the king is back

Was waiting for this chart to finally move upwards considering base metrics were all trending towards ATHs

For those that don’t know, AERO was the number 1 coin on base for quite some time (before virtuals gained traction) and was one of the first base native coins to be listed on Coinbase

Aero will be used for coinbase’s DEX integration which should greatly improve the flywheel with its token and the liquidity bribing

been waiting for something new to finally launch on base (non-farcaster/non-virtuals with high liq) and finally we have it:

i've accumulated a position in $R1
> legit doxxed team, all verifiable on linkedin
> tokenomics are good, most tokens will only be unlocked in 200d+, the tokens for the nodes will be vested over 36months so shouldn't be an issue
> first new high liquidity token we've had some base in a while

also have done some digging on the CEO of this project, he previously had a project called LummetryAI that worked on AI and DeepLearning from all the way back in 2019, his company had an appearance at microsoft tech day: https://t.co/B7mvdXp0sI

his company also developed some data science courses with microsoft azure in 2020: https://t.co/UF6YcYWALH

eventually it was acquired by a large engineering company: https://t.co/fqywhoJKLV

basically, the CEO is legit and has been working on AI for at least 6 years, all verifiable

i think its the first real tech project we've had on base in a while

Seeing a good flush across the board for Base coins, this is perfectly healthy considering the market conditions when any old shit was getting pumped

The question is was that the top or will there be a round 2

Looking at the base majors $KTA and $VVV, and the onchain major $ETH I think we are due for round 2

The $KTA dip was defended heavily and $1 was not even touched, I would be concerned if the chart lost $1 which didn't happen

$VVV and $ETH are both showing strength and the charts look ready for round 2

Flushes like this are good because instead of the market trying to buy like 10-20 coins, capital is concerned on just a few which leads to better and healthier pumps

I think $GIZA and $LAY (at least) will be some of the tokens primed for the second round

The tokens which have topped are those that have barely done any new developments and literally only pumped because people were looking for unpumped charts, the pumps on these charts were totally undeserved and were driven purely by FOMO

Some fud going around with $KTA

I think it’s a good buying opp for the strongest base chart there is

The cabal running it will most likely come up with some rebut for the FUD

Plus if $KTA doesn’t bounce most of your other coins are probably cooked

biggest tip for people bridging from solana to base:

stop being a jeet and actually believe in something

I think the insane wealth/pve effect on base will continue until the pumpfun tge on solana

Currently people are quite uncertain holding their bags on sol because of the pf token, and the next reasonable place to trade after solana would be base

This trend will accelerate the closer the tge gets imo

currently noticing on base:

you feel late to a coin and then the coin does another 2x on the same day

have never seen this before on base, insane motion on there rn

i have not seen many people talk about $BNKR but the chart looks quite primed here

similar to $GIZA

BNKR is the believecoin of base chain

incredible scenes across the base ecosystem today

all the old base tech coins have done a 2-3x at least

will let the charts cool off a bit to see if this pump is just fomo or if it has staying power

if it does, we may have a pretty sick pve szn

$ETH

chart looks good, but we need a break of 2700 to actually start celebrating

i smell some good times for BASE

> TVL nearly at ATH
> DEX volume trending towards ATH
> and the $ETH chart is looking favorable again

would be phenomenal to get dec-jan conditions on this chain again, was the definition of free money

I am currently long an irresponsibly large amount of $ETH with a large portion of my net worth

(spot obviously, I don't want to be james wynn)

Fascinating seeing all this top traders trying to farm the loudio airdrop….

The newest virtual genesis project hit $60M after launch and is now holding $30M pretty nicely

Yeah #virtuals is going so much higher

Looks like we are getting a farcaster szn on base