$pump looking good here:
- platform averaging $1-2m rev per day
- 100% of rev is being used to buyback token
- team has at least a $1.3b treasury to cook
- streaming is a great angle and they have the muscle to onboard big streamers to kickstart a new meta
- weak hands mostly rinsed out since token traded under ICO price for over a month
- no binance/upbit listings yet
- token needs to at least 5x to achieve parity with hyperliquid on its current fdv/rev ratio (30 day rev)
- hated rally very likely at some point
i've built a long-term spot position here, and looking to build a low lev position on a pullback
might end up chasing if i don't get another opportunity, but will try my luck
manifesting a big cook 🙏
nfa dyor etc etc
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