It's reasonable to anticipate potential downward pressure on $XRP's price due to the trading behaviors prevalent among South Korean retail investors.

Long CVX to the CRV catchup

Thoughtful ETH thesis as a short-term trade

Great piece in Chinese about the AI Agent play

Good Writeup on $GRASS from a working perspective

Interesting take on the future of Chainlink. a personal view is that as the consumer app narrative comes backlink should benefit

Another Virtual post

Another fund's Virtual thesis from a diff angle, focuses a bit more on the big picture / less about the narrative. Though fundamental conclusions seem a bit weak

Good GOAT thesis

Thoughtful $ENA pitch on upside thanks to USDb.

Decent case for MEMEs but you guys probably saw this one already

TAO breakout idea that it can go upto $8-12Bn FDV from present $4Bn

Thoughtful $TAO update

Multicoin's new thesis on Drift: "Based on our valuation framework and market assumptions, which we outline in the report, we value DRIFT in our base case at $3.58, more than 7x above its current market price."

HUMA farming - 10-15% APY + Scroll reward. Prob a solid stables farm.

GammaSwap deep dive. I think this is an interesting protocol and if they can integrate with LP's could be interesting

Counter Arguments to Multicoin's Drift thesis which is also in the tweet

Thesis on AAVE from HFA Research one of the better known defi research firms

Affiliated given we led the deal but do think the pending $MAK listing interesting because Alan & Team at Metacene seems to have cracked the code of both building a decent MMORPG (which can do 10mm+ USD in revenue) and incorporating Web3 features to juice ARPU & value-capture. Would watch it if the biz prints cheap.

BOB airdrop

Sharing without comment, dyor

Thinking of SOL Beta plays and Drift looks like a leading play on this.

HyperLiquid L1 thesis. Probably the only true competitor to CEX Perps.

OG community with $PURR token being nicely used to get more users.

The new $GMT ponzu could be starting w/ $GMT , starting off slow initially but would suggest tracking closelyl

Seems like a clean short upon TGE

Good teach-in on Kamino

Thoughtful point on $ENA. "This is upside because while short positions must be unwound, the original depositor does not necessarily have to sell the spot collateral once re-distributed from the protocol"

v. similar points as the Meson thesis

False Claims
Lack of computing power
Throwing around the magic 'AI' keyword

"In any case, I expect that crypto will exit its sideways-to-downward trajectory starting in September. As such, I will take advantage of this late northern hemispheric summer weakness to load up on crypto risk."

Looks like all secondary Trump coins will die, looking at the official Trump NFTs on Polygon

I don't love the $AAVE thesis -- and think Web3 funds could be posting something soon. Here are some bull arguments:

- 80 mm+ fees so 20x earnings. Ok but timing is sometime this year, not massive vs. say 7x PE when MKR was sending at 600-900, also rate cut imminent.

- Chain Abstraction liquidity narrative. IMO this is probably the most interesting side of Aave v4 -- i.e. liquidity acting as MM for cross-chain actions. Big fees and going after all the bridges and could really set the stage for mass adoption. But this won't happen for a while.

- Not super clear to me TVL is gonna giga-inflect serving as an upside catalyst if crypto continues to linger. But I concede it's a bull market bet and probably decent upside beta vs. ETH.

Overall could see it as an interesting long vs. say ETH and even MKR. But as it becomes a bit more consensus could also see it underperforming due to crowding and absolute sink / burn not enough to drive significant upside beyond say BTC flows and "MUH BETA SOL".

For those looking for BTC support levels think 42-48k probably a good place to bid when we get there. Also where major indicators flash (ahr999, Meyer Multiples, etc)

Pretty good rant, think time to bid is probably over the next 2 weeks where we get clarity around:

• ISM print today, bullish is bullish

• Fed talk & cuts, 1st attempt probably falls short, 2nd / 3rd attempt enough to reverse course assuming economy not as bad. Personally leans towards March 23 like esoteric shock.

• ETF flows: if boomers diamond hand good, if not we cascade a lil lower still.

Time to really pay attention. Stage is set for 100k BTC by Q4 imo.

Dinero building a restaking protocol focussed on Tradfi. with RWA narrative one of the stronger ones its an interesting move

Maybe it's actually over

KMNO Long? Resurgence of interest in fundamentals and blue-chip DeFi, and KPIs here appear to be good?

Thoughtful overview given recent $AAVE tokenomic changes. EOY est. May not be enough cash flow to really drive outperformance and need some additional ponzu kick

DINERO is an interesting old defi bet but which is also riding the LST wave

Thoughtful commentary on BTC movement post Trump.

You wanna read this (CN) piece to better understand how the Chinese H5 devs think about making money on Telegram.

I think this is the best explanation i have seen for recent PA

Some more additional color that's helpful given pending ETH launch.

Aerodrome is being pitched as the proxy token for BASE after degen.

Solid addendum to the potential ETH flow ahead of the July 23rd ETH ETF. Particularly helpful comments around the Grayscale discount ahead of the launch -- and the narrow discount for ETHE could mean selling is way less than what happened with GBTC.

Good luck to all.

Thoughtful banana thesis

From a while back shilling the good shill. Performance had been crap tho, maybe we are the exit liquidity lmao.

From a while back but good overview on TON. Personally think w/ the waves of H5 games hitting TON from China in the next 2-3 months, allocation to TON from sidelined capital should drive it up 2-3x then in-line w/ ETH / SOL.

Chart looks bottomed out at 7-8 cents + UK License. It's possible that the largest whale dumpers are done atm. Now 50% of supply burned w/ 70mm+ of annual buying. We may get some upside FCF catalyst as sport season kick starts again. Maybe now is the time

Thoughtful piece of Ouroboros on $LDO. Case here is SEC risk may be overblown given it's recently been dropping cases + maybe LDO treasury + holders are gonna get some fat Symbiotic airdrops.

An oldie but a goodie covering thesis on why $ETH should outperform. A little dated now and missed the ETF pump + retrace but thesis still valid.

Think case for ETH outperformance seems strong atm:

• Rotation from QQQ to chase underperformers.

• ETH has no dumping from known gov / credit entity

• ETH ETF should add marginal retail & insti flow

• w/ more flow from BTC ETF rotation

• w/ more flow from Gox flow

Maybe the space is indeed too overallocated or too poor & jaded to bid this thesis.

Thoughtful background on $PURR. I think the odds of a potentially higher than 10% airdrop from HYPER to PURR exists and could be quite high. As market bounces w/ $PURR still being centralized could see it outperform