Onchaingambles

Imagine there was only 1 memecoin to buy on pump app. What would the target be? Now imagine instead of pump app it's Robinhood with 28M users and the memecoin is on the platform's native chain. Over 20% of the supply is now in the hands of robinhood users, this accumulation is in an up-only trend despite price going down: https://arkm.com/explorer/entity/3e9738f7-13c5-41f6-9399-8d24a4ced27f The reason this is a huge deal is this demographic is not rotating between coins, they are buying 3-5figs and holding for a moonshot, every day more supply is taken out of circulation. increasing the marginal effect on price of the next $ spent. This snowballs into a critical mass where supply disappears and price has to go up to meet demand, which is what happened to DOGECOIN once robinhood users held over 20% and price started to move. Cashcat is also doing 100M+ of volume a day between spot and perp venues, almost its marketcap every day. This is not a hard trade

Although price is down, stocker remains the number 1 launchpad on mainnet, by a lot, and that is a big pie to enjoy for the winner. The rr is fantastic for a thesis that pays 30-50x if it plays out. Some protocol stats for current 1.1M MC: 162M lifetime volume 8% of supply burnt 1M paid in rewards to coin holders (same amount as marketcap lol) 500k trades Track these metrics live here: https://stockereum.com/dashboard

One of the few coins that meet my criteria of >1w old, multimillions, and on a dip despite holding a constructive chart. Feels like a decent spot to jump in looking for new highs

This is a really good narrative. Tokenized stocks are growing non-stop, and we already have a precedent for what might happen here. CEOS and some media positioning against tokenized stocks while robinhood is all in into tokenizing everything. "Not my stock" goes hard as a slogan for them, and this shouldn't be paired to 1 specific stock but rather the nasdaq index (QQQ makes sense) as different CEOS can adopt the "Not my stock" mentality.

This is one of those where it feels worth scooping the lows, it could 50-100x if certain things happen and otherwise you barely lose much at all. So figured it makes sense. Needs a catalyst probably

Game is lowkey fun and well done