CyruX

E178: Tushar Jain - Why Multicoin is betting big on Hyperliquid, Zcash and Solana Tushar Jain is Managing Partner at @Multicoin. He's back on the show to talk about where crypto is in the cycle, how he sizes bets across $SOL, $HYPE, and $ZEC, and the frameworks he uses to manage his own psychology. Timestamps: 0:00 - Intro 1:31 - Who is Tushar Jain 3:44 - Are we at a crypto turning point? 4:57 - Buying into bad news before confirmation 6:24 - Buying vs. selling: which is harder 7:13 - Still bullish on @solana ? 9:15 - TradFi issuers and credible neutrality 11:47 - Sponsors: @variational_io @Bitwise 12:39 - How to size two competing bullish bets 14:13 - Category leader vs. "better play" 17:00 - Most obvious trade for 2026: $ZEC 19:39 - What @Zcash represents 22:27 - Valuing an asset with no revenue 24:18 - Trading framework vs. buy-and-hold 26:40 - Valuing $SOL and $HYPE 31:45 - Sponsors @KASTxyz @Trezor 32:54 - Timing entries in volatile assets 36:26 - Why @Multicoin doesn't trade, only manages 39:25 - The four sources of investing edge 41:14 - Edge examples: $ZEC, $HYPE, $ENA 43:21 - What Ethena represents 45:37 - How much founder quality matters : @gdog97_ example 47:09 - When to take profits 49:50 - Thoughts on Ethereum and $ETH 51:44 - Kyle leaving Multicoin 53:03 - Sponsors @JupiterExchange @ethena 53:46 - Why Tushar is still in crypto 58:26 - Wrap-up and thanks 1:00:37 - Bonus segment intro - Zcash drama + Hyperliquid report 1:00:39 - What happened with the Zcash bug 1:04:13 - Zcash's fix: the Ironwood pool 1:05:50 - How long it took to decide to buy more 1:08:13 - Multicoin's Hyperliquid report 1:09:55 - Base case: $319 $HYPE price target, key assumptions 1:15:21 - Is the crypto bottom in? 1:18:11 - Closing thanks

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If you are waking up this Monday thinking you still have weeks left to farm the @NomismaNetwork and XOOBNetwork ecosystem, you are about to get completely washed out. The official campaign ends on July 16th. You have exactly 72 hours until the final snapshot locks. Most of the timeline is still casually clicking around, playing by legacy testnet rules. They do not realize that because this entire architecture is a native relational database on Chromia, the top operators are not pacing themselves. They are burning through gasless transactions at maximum velocity to permanently cement their leaderboard ranks before the cutoff. Every single execution costs exactly zero in network fees. If you are dropping in rank today, it is simply because you are being out worked by someone running a tighter loop. Here is your final 72 hour execution mandate: 1. Maximize the Faucet: Connect your heaviest EVM wallet to clear the sybil filter and pull your absolute maximum scaled testnet allocation. Do not use a burner. 2. Clear the Bottleneck: Ensure your free Nomizen ID is active so you completely bypass the native database rate limits. 3. The Final Loop: Flood the perx_trade perp pools to max out your DeFi transaction data, and immediately push all remaining capital into your XOOB space fleets to compound the 50x parallel block mining multiplier. The automated bot rings were already purged. The playing field is just you versus the rest of the surviving human operators fighting for the Stage 11 Diamond pool. Stop taking your time. The protocol wants high frequency data, and the clock runs out on Thursday. Go leave a massive footprint today.

New to Canopy? Start here 🌿 → Go to testnet.app.canopynetwork.org → Claim free testnet tokens & explore the chains the community is building → Back your favorites with CNPY and help them graduate Costs nothing. Takes minutes. Expand the Canopy with us.