luke

I find myself coming back to this alot - all my home runs that I've made the most money on, are always trades that I'm incredibly convicted in, and heavily sized in - and this has been my bread & butter "high conviction bets". I currently feel the same way about $CARDS. Everytime I use the gacha it's just so damn addictive. In fact, perhaps its because I know nothing about Pokemon & TCGs, that is why I have even more conviction in the thesis - someone like me is "introduced" into this world, I am the perfect user to prove that there is PMF for the product. I'm now shipping more cards home than ever. I'm not even doing anything with them. I truly just love the slabs. The P&L swings in this single position is way larger than the swings in my TradFi portfolio, despite the position being less than 10% the size of my tradfi portfolio. I find that to be quite crazy, and hilarious. I have been holding this position for about 4 months now. I will continue holding it for as long as it remains undervalued. Onwards and upwards.

AMAT, LAM & KLA notified (probably others + the materials suppliers too). Here's the gray area with this: These tools (and materials) can be used across many tech nodes but the rule states they should be blocked for "14nm-node and below." How does the supplier know what process they are using them for? They don't. The Chinese fab signs a contract with the supplier stating it won't be used for the advanced nodes. So it's basically a promise.

i hate talking explicitly about price action but i don’t see why lighter won’t trace the double zero chart post initial pump i understand the market opportunity of a DEX with zero fees and grabbing retail traders, i think good product + team etc, but good product != good token seems that revenue numbers are obfuscated at the moment and the narrative tailwind is that the eth community will bid a L2 + privacy + hyperliquid beta i think it competes for an exhausted pool of buyers that bought optimism, arbitrum, starknet, so on and so forth and anyone suggesting aster fdv as a comp is a fool sure fee generation -> buybacks, im sure there will be some amount of burn you’re still looking at sizable unlocks, no early allocation to public markets, and what seems to be a fairly small community of points farmers who imo are psyoping to pump otc price, as the past few weeks have shown the liquid market has gotten wise with these types of tokens and exhausted by their overvaluations token can be underpinned by its fundamentals (im sure there will be growth multiples thrown on revenue numbers when they finally come out) but there’s not enough liquid funds willing to baghold someone else’s 100x and it’s extremely difficult to create a beloved token / people have to like you to buy your token i hope it does well (wagmi) and i bet that lighter opens above $2b fdv with a smaller position on above $4b fdv but i dont see it holding its price for an extended period of time the case made that its an acquisition target is somewhat reasonable, but i see this as minimum nine months in the future so you can just take a position after price drops few months of sustained organic retail traction needed given high density of mercenary airdrop farmers before confidence established, even then the token might not trade well my read is up and then down

YZi Labs宣布设立10亿美元建设者基金，加大对BNB生态系统内创业者的支持。只能说节奏感把握的很到位，在恰当的时机再添一把火。正如之前聊过的逻辑：新时期的竞争策略得是在业务的核心逻辑上以快打快，速度至关重要。Yzi 专门提到了之前支持的四个项目Cake、Aster、Lista、Asp，看来这是官方钦定的BNB chain上四大基建项目了。不过From应该也算是重要基建项目，最近BNB meme基本上都是Form上发射出来的。

Synthetix Trading Competition on Ethereum Mainnet launches October 20. 🔹 $1,000,000 top prize 🔹 100 traders 🔹 The first perp DEX on Ethereum Mainnet Let's go! 🧵⬇️