The most hated rally would unironically be cats By far it is the most obvious narrative in memes, EVERYONE knows the thesis because EVERYONE thinks of it on their own accord. It’s not even something you need to be sold on by someone else to first hear of it. Anyone who knows of $DOGE $SHIB $FLOKI $WIF naturally draws their own conclusions of “wow there’s a zillion shiba coins worth gorillions, seems odd there’s no cats on the same level yet, perhaps that’s something to bet on” And yet clearly almost nobody is positioned for it here. I’ve spoken in more detail about this before, but I believe one of the best mental exercises to evaluate an investment or thesis is “how painful would the sidelines be in the universe where “X” wins?” Now just think to yourself, is just a little bit of money in cat coins even if it’s money burned worth the insurance of avoiding the sidelines in that future? Or are you truly that confident cat coins will never run again as the meme market grows and...
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