mtn drew
mtn drew
BTC+1.75%
ETH+5.90%
HYPE+1.08%
JTO+4.63%
CFG+1.50%
APT+6.30%
JUP+8.46%
KMNO+8.82%
ARB+7.95%
MORPHO+12.28%
SOL+4.74%
swapped KMNO for MPLX 1) the new genesis product is interesting 2) token creation [and trading] is solana's MO. ancillary defi, not as much. 3) both tokens have the protocol revenue story tailwind 4) Though both are sector leaders, Metaplex feels like more of a monopoly operating in a league of its own. now its coming after the prevailing "narrative" (i guess you could say) in the solana ecosystem - the pump story, fair token launches (but safer and with more customizability) the genesis launch was obviously front run by people with insider info but idc b/c the price is still good i've owned mplx before. it's one of the sleepiest tokens i've ever seen. i got tired of it doing nothing for so long for reasons i was not aware of. i'm hoping this finally wakes it up a bit.
mtn drew
mtn drew
current investments: very high conviction: BTC, ETH high conviction: MPL, EUL, JTO, COIN, HYPE neutral conviction: APT, HOOD, ENA, ARB, JUP, MORPHO, KMNO, CFG Note: i would probably have HOOD as a High Conviction investment but i keep it in the Neutral tier b/c their crypto business is still just a fraction of the whole and i do not do careful analysis on the rest of the business, so i think it would be irresponsible to size my investment higher. i think the fraction of their crypto business will continue to grow and grow, but it nevertheless remains more of a speculative bet than a fundamental value bet.
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