The $PUMP sloppiness is how a token launch should go. Previously, exchange direct listings with unnecessary VC lockups caused pump & dumps. But IPOs (& now ICOs) have a lot of volatility in the early days until a buyer base is established See $RDDT, $CRWV, & even $META IPOs.

Crypto investors will learn that as price goes down (P) & revenues go up (E), valuation gets cheaper (P/E down). Stocks always go up b/c earnings always go up. CF-producing apps like $HYPE, $PUMP, $RAY $AERO etc are more like stocks, & will trade differently than L1 "cycles"

Even cheaper when you realize FDV is a pointless metric for an amortizing (buyback) token The right O/S supply is closer to 606mm tokens, which puts adjusted mkt cap at $27 bn (@ $45 $HYPE) = 13.5x P/E Silly szn making people forget that good assets w/ strong CFs go up forever

Joined crypto in 2016, & have always thought revenue matters most. It always has, it always will. A token’s value has always been at least partially based on fundamentals… it took 300 yrs for investors to figure that out with stocks. Only took a decade in a crypto.

this is how free markets should work. No lockups. Sell whenever you want. Price doesn’t artificially skyrocket and then dump. But if you get tagged as a “flipper” (always selling new deals right away) then you stop getting allocations over time

Fast trades mean nothing if settlement lags. @Lynq_Network fixes that — real-time, interest-bearing settlement for institutions. #Lynq #SettlementReimagined #DigitalMarkets

Was only a matter of time til the inevitable crypto rally happened, given 4 months of strength in BTC, Gold, equities, and an insatiable demand for DATs. Eventually, the projects that power all of this growth had to rally too. Let's dive in 👇

And how has that gone for the below list of tokens? There are two ways that a team can airdrop a large percentage airdrop: 1) you have a killer moat, and are generating hefty revenue (can name those on one hand) 2) You treat your token as UA/marketing, i.e. -95%

Have you heard of $GLXY? $8B marketcap with $3B of crypto/cash on the balance sheet, a one of one business that touches every aspect of crypto (trading, ETFs, loans, staking, tokenization, M&A, stablecoins) + An AI data center business which already has a $13.5B contract signed with $CRWV, if they continue getting approvals they could be generating an average of $3.7B/year in revenue on this site alone by 2030 (starts in 2026, and will slowly increase as they build out the facilities) at fantastic margins.

In order for OpenAI to scale, it needs Coreweave. In order for Coreweave to scale, it needs Core Scientific and Galaxy. OpenAI is worth $300B. Coreweave is worth $24B. Core Scientific is worth $2.4B. This is not hard. Follow the money, do the math, place your bets, and prosper