mysterio

in July when i started to slowly exit my positions and go stable for my fund, i set clear targets on specific assets that i wanted us to hold long term. the main asset i wanted our fund to be positioned in was Fartcoin. back then it was valued around $1.5B and had the most mindshare out of every memecoin on the market. not just hype, it had real cultural penetration and daily velocity outside the usual echo chambers. but the market was insanely hot and we were derisking, so we waited for a proper reset. even though we believed it was undervalued long term even at $1.5B. i said that if it ever goes below $200m we would be firing on all cylinders. today we got that opportunity. we deployed 50 percent of the stables allocated for fartcoin, with remaining bids stacked down to $100m, that remain unfilled. Yokai Capital now holds $4.5m in $Fartcoin with an average purchase price of $0.203. the plan is simple. we wont touch these assets until institutions start buying it, until proper DAT exists for it, until fartcoin is televised and compared next to us equities the same way early doge and shib were when they crossed into mainstream. the final dev 3 percent unlock (Wintermute loan refund) and their full exit gave us an opening that in our view was the capitulation point. setup was perfect. final unlock flushed, extreme oversold conditions across crypto, solana etfs going live, fear and greed at multi year lows, and memecoins completely reset. this is the exact environment where multi billion dollar memes are reborn. and fartcoin has every tailwind needed to reach doge tier levels: - mass market cultural stickiness, universal humor, instantly recognisable - top tier liquidity attention across major desks - mindshare dominance, the obvious one everyone expects to lead the next solana meme rotation - clean supply picture now, no more unlocks, fully community driven - solana etf flow plus the beginning of memecoin etf narratives - price reset to 180m, same zone doge was before it went parabolic - memes scale with culture, and fartcoin already showed it can dominate culture cycles harder than anything launched this year for us this wasnt a trade. this was the long term position we waited months to size into. and now we just wait for the rest of the world to catch up. 💨