Public equity market will always pay a massive premium for t

Public equity market will always pay a massive premium for thematic trades, from HIMS to MSTR, from RKLB to CIRCLE, and the newly minted 10x NAV Ethereum SPAC

#ETH

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DoveyWan

@DoveyWan

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Bankers running the PIPE carry, politicians running the narrative. While we’re out here degen looping and memeing…They’re the ones who actually made it. GG this cycle, I guess (last bearish post of May i promise)

🤯 HIBOR just nuked -40%, Hong Kong’s interbank rate is officially trading like a meme coin. HKD is a synthetic dollar, and HKMA’s about to go full printer mode to defend the peg. Watching closely

Even tho #Bitcoin itself is not productive, but starting 2020 all Bitcoiners have been in these lucrative trades - GBTC premium arb - Bitcoin L2 TVL farm - Bitcoin SPAC wrappers NAV arb if ETF can be used as collat in tradfi that will further the liquidity effectively make bitcoin productive

PIPEs are tradfi meme coins trade, ATM mech design is boomer's ponzinomics iykyk

Had 3 PIPE calls in 2 days, honestly this is quite toppy Metaplanet surpassed Nippon telegraph in daily volume is also another top-ish signal together with the bank stablecoin consortium news

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Public equity market will always pay a massive premium for thematic trades, from HIMS to MSTR, from RKLB to CIRCLE, and the newly minted 10x NAV Ethereum SPAC

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Public equity market will always pay a massive premium for thematic trades, from HIMS to MSTR, from RKLB to CIRCLE, and the newly minted 10x NAV Ethereum SPAC