There's really nothing more uninteresting than crypto. It's impossible to get rich without selling your soul. There's no liquidity anymore. The tech actually being used is very mundane and boring stablecoins. Which's designed to be mundane and boring. It works. Nothing else does.

i don’t think anyone can confidently say that ai stonks are currently expensive, cheap, or fairly priced. that requires a crystal ball in future ai breakthroughs, the supply chain, credit markets, politics, and macro. and such a person simply does not exist. however, charts, investor psychology, and positioning suggest that the ai trade was almost certainly a big bubble. and when bubbles burst, they will always overshoot. so, what would give me the confidence to buy ai stonks in size is not “fundamentals”, that’s just too hard. it’s when charts look like they are finally going thru a lengthy bottoming process, investor psyche is utterly and thoroughly damaged, and ai is dismissed as a worthless fad on cnbc. still the most important technology of the decade but patience will be rewarded.

Over the past few days, we've been rolling out more MAJOR changes to the Callout Rewards program. We had two goals: 1) Incentivize calls on higher market cap tokens 2) Reward users who come from different ecosystems e.g. perps & crosschain (non-SOL) We're creating a far more rewarding environment for ALL kinds of trading styles, not just the user base that Pumpfun has always appealed to. To do this, we've introduced an additional Callout Rewards algorithm: Diamond. Diamond uses a new experimental algorithm to encourage new behaviors in the app, while the original algorithm continues to do its thing, now known as Degen. Here's what to expect from the Diamond rewards algorithm: - Callouts on higher market cap tokens receive a multiplier on rewards - Boosted rewards for new asset classes like perps and non-Solana tokens (EVM and other chains) Expect more changes to both algorithms as we continue on our journey of making the Pumpfun app not only the most rewarding app in crypto, but on Earth.

another squiggle for the books safe to say the trade has played out. Pretty happy with how I traded the intraweek moves on both sides. Closed shorts a bit earlier than ideal and left some on the table, but feels like sellers are starting to get a little greedy here. I think the second half of the idea needs some revision. Hard to see a move back to ATHs right now. Leaning more towards something like a compressed version of '22 as long as we're dealing with tightening conditions. Staying mostly in cash for now, but may look for longs to play a bounce