Simonon

The people FUDing $CARDS on my timeline:
- angry sidelinooors
- rage bait engagement farmers
- uninformed "reSeArcHeRs"
- midcurvers who still think this is a toy
- people who care more about insider unlocks and Hayes' OTC dumps than actual business fundamentals
These people will hate on anything that looks remotely successful on the timeline, simply because they are so broken and dead inside from all the rugs and scams this industry has produced over the last few years.
They did the exact same thing with Hyperliquid after its launch. Now it's everyone's darling lol.
I get that trust is broken

Expecting a significant share of the $ANSEM stimmy to flow straight into Solana TCG marketplaces and gacha pulls, given that’s exactly what the trenches have been most excited about for the past few months.
New volume ATHs incoming, once again.

Everyone on my timeline is losing their mind over Hayes dumping $CARDS just 3 days after giving his $4 moon targets.
Wild take: who cares.
Whether a trader or KOL is in or out changes absolutely nothing about the fundamentals of this stellar business.
Collector is printing record revenue, onboarding more of the collectible market onchain every single week, and becoming the go-to infrastructure play for an entire vertical they defined themselves.
That’s the only thing that matters. Not who aped in, not who dumped, not what some influencer tweeted.
The noise is temporary, but the business contin

Bottoms are never obvious and the best entries never feel safe.
But if you let bear market ptsd hold you back buying low while fundamentals are clearly improving, you will miss out.
Risk avoidance is return avoidance.

Funny how @saylor went from hero to villain the moment the chart stopped going up. All of a sudden everyone is a MicroStrategy quant calling for generational lows for both $MSTR and $BTC.
So yeah, either it's over for the space, or we are just very close to the local bottom.
Guess which one I am betting on.

A founder just informed me that they ran out of runway and have to wind down their business.
Paying himself $212k a year, in a bear market, with a pre revenue startup.
And somehow it's "the market's fault."
Can't make this shit up.

The end of the AI bubble will be the beginning of the biggest crypto bull run in history.
Imagine chasing the top of the former while the latter is sitting right at the bottom.

In my almost 10 years in crypto, it has never felt this bad to hold.
And it has never made more sense to.
Don’t be this guy who came this far to only come this far.

Public sale platforms and launchpads have become ghost towns recently, zero successful raises across the board and sentiment are all time lows.
Meanwhile, our @echodotxyz community just ran the most successful round we've ever had.
There are levels to this.
🐝

We recently had the first NASDAQ listing for one of our portfolio companies, which was a great success.
However, the whole process just reminded me once again how broken the TradFi world truly is and by how many orders of magnitude crypto rails could make all of this better.
Even though the listing was over a month ago, half a dozen middlemen and a very opaque share transfer process have resulted in us still not having our shares to this day.
And the funniest part: no matter which of these middlemen you talk to, nobody knows what's going on and nobody is at fault.
Whenever I have to deal with

Everyone is crying about the market while I'm having the time of my life.
The bear market did exactly what it was supposed to do: it flushed out everyone who wasn't supposed to be here like grifters, extractors, hype chasers, quick flippers, airdrop farmers etc.
What's left is the most concentrated pool of exceptional founders I've seen in 10 years of crypto. Those who are still around show maximum conviction, long term mindset and the best thing is they work on problems that actually matter.
And the cherry on top is that valuations for pre-seed and seed stages have come down a lot to much fai