Crypto Narratives
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Link to my "Crypto Narratives" newsletter : https://cryptonarratives.substack.com/

Link to my Twitter profile : https://twitter.com/thedefivillain

Link to the TG degen channel : https://t.iss.one/shitcoinsandgems
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Crypto Narratives
$GOAT was both a memecoin and the leader of the AI agent narrative In the end, it is now much smaller vs both VIRTUAL which is 'serious' AI agent infra, and FARTCOIN, which is a pure meme that emerged from this narrative The person who chases two rabbits…
That being said

VIRTUAL - $3.4bn MC
AI16Z - $1.3bn
FARTCOIN - $870M
GOAT - $440M
AIXBT - $370M

While GOAT was the leader not too long ago ?

Yeah, GOAT should be a good r/r here
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60-day top gainers

The picture is pretty clear
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ETH memes I like :

$PEPE - $7.8bn mcap
$MOG - $870M
$SPX - $830M
$HPOS - $185M
$DOG - $50M
$LMEOW - $33M
$JOE - $30M
$KEKEC - $10M
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Gosh this chart is painful

How many people capitulated on $DEGEN during the summer just to top ape it again in November and be underwater again
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Not many memes (excl. AI) are showing strength vs market :

$SPX
$FWOG
$GIGA
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Current state of the trenches
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I vividly remember that someone on CT posted a chart of $INJ in early 2024 and he said that it lost its trend and would probably be and underperformer from now on

He was dead right
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$OMEGA looks great here

I just love the esthetics of that coin so much

⧫⧫⧫⧫⧫ Ω ⧫⧫⧫⧫⧫
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Hopefully Saylor announces that they bought dust like $300M worth of $BTC
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Crypto Narratives
Hopefully Saylor announces that they bought dust like $300M worth of $BTC
$200M announced 😬

Not surprising given the CB discount all week, but it also looks like we've not been in the blACkOut pEriOD yet

https://x.com/saylor/status/1873716433919803868
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Coinbase discount above $250 wow
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Memes relative strength noticeable on the spaghetti chart
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Fully deployed right now

I will lever up if we get sub $90k but I'd prefer not to see it
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It's an AI agent world
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I am buying $FUEL now that it's listed on Bybit perps

I think it's a very overlooked L2 play

Adding on any dip
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Disrespect spotted in the daily chart of a $1.5bn FDV asset listed on Coinbase
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Happy new year, frens !
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MSTR premium to NAV is now down to 1.7x, the lowest it's been since May 2024.

It will be interesting to see how low this settles at.

The lower the premium, the more interesting it gets to buy $MSTR instead of $BTC if you think the cycle has not topped
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