money is a tool to buy time

if you’ve made money, buy yourself some time instead of rerolling in the trenches

that said, it’s probably time for me to do some traveling with the time i’ve been able to buy

US January PPI YoY +3.5% Vs +3.2% Forecast, Prior +3.3%

bridged some to bnb to try catch a few multiples on cz's dog later

if its an existing ticker/ca, i'll probably fade

if not, anything below 50m should be a buy

will use 1-3% of current pf only

meh, fading

save my bnbs

will put a small short on bnb for when this is over

back to observoor mode sitting mostly in stables

enjoy frens

awesome, another token to short

Protocols doing buyback

Radium
- $250-300M of run rate fees vs $1.5B of circulating (5-6x), 70-75% of fees used for buybacks

Hyperliquid
- $400-500M of run rate fees vs $8-9B circ (20x) and entirely used for buybacks

Metaplex
- $40-50M of run rate fees vs $230M circ (5x), with ~$2-3M in monthly buybacks

Geodnet
- $3M of ARR (growing 5-6x YoY) vs $90M circ (30x) with 80% used for buybacks

Jupiter
- $300-400M of run rate fees vs ~$2B circ (6x) with 50% used for buybacks

Link: https://x.com/jamesjho_/status/1890152860463063442

my picks are jup and hype as shared before

rest are interesting to read into

there is also tnsr iirc with vector

market remains resilient on bad news, just eager for a positive catalyst to finally break out

would be good to at least have some exposure or you'll be very underpositioned

lots of alts look bottomed as well