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ThinkingUSD
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Följ
Longing
Solana
is longing memecoin gambling volumes and the largest casino just launched their own value capture token.
Good luck!
Ansvarsfriskrivning: Inkluderar åsikter från tredje part. Ingen ekonomisk rådgivning. Kan innehålla sponsrat innehåll.
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SOL
149,24
-4.41%
BONK
0,00001509
-7.31%
6
0
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Okay so: $CIRC $20B mcap $300MM rev 0% used for buybacks? $HYPE $11B mcap $800mm rev 97% used for buybacks? Hype also biggest pocket of USDC onchain? What am I missing again?
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I thought buying Solana was owning the Casino. Now that the Casino has a token owning Solana is like owning the Casino chips? Help me out here.
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I think people are tired of getting gaslit into buying tokens that don't make any money
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Bull case at $4B: Pump fun is ingrained in cultural zeitgeist, memecoins will have other wave, live streaming takes off and trading becomes viral with video Bear case at $4B: Twitch isn’t even a good business and I’m sure Amazon regrets the acquisition
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For context: Memecoin app Rev + AMM ~ $3B. Has only existed for 2 years and is declining in volume. 90bps taker and Jup + MEV + slippage leading to high churn. Perps market ~ $25B+ Revenue consistently for last 5 years. Growing in volume. Stock perps yet to be factored in.
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