Lots of emotional responses to this tweet, unsurprising given PA. My unsolicited .02c - LONG is a launchpad and eco. You should want coins to move independently from each other. Nothing Nate said is controversial.

i don't like providing meme token fundamental analysis (it's largely pointless) but a concerned friend in AI asked for my thoughts and I already typed them out, so I figured I'd share here as well. 1) AI is a field of computer science dating back half a century. that doesn't magically get undone via presidential mandate 2) the flows around AI are more largely explained by the size of the tokens. it is much easier (cheaper) to push a token from 7 fig to 8 fig where all participants are happy to realize a multiple than it is from low 9 fig to high 9 fig / 10 fig. 3) rh chain rotational flow, less volume across the board, it is a consolidation phase 4) selling an "organic" coin due to catalyst driven pvp is a very low EV move that tends to resolve itself given additional time 5) considering all the above, a retrace to me regardless of any pvp or anything else happening has been more than logical, roads to crazy ceilings are littered with tons of drawdowns 6) in spite of 5, nothing in this life is guaranteed; it can be THE top and slow bleed with minimal pumps and such is life. its the game we play, you take what are high probability setups and if it works it works. 7) to solve for 6, you take profits along the way and sell into strength such that when a token is in a time of weakness, you have the resolve to see clearly and wait for conditions to inevitably improve which happens far more often than not. you never want to be a in a position of forced selling

the number of integrations built on top of solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp continues to grow. this trend will accelerate. RipMart coming, historic TCG sales happening daily (many through collector & onchain). idk bros. it's a layup

solana:CREDBHvVqREBCAxMihzr8D1nepHMr2gmQoZWpmgGmeta crossing $1b in settlement (with monthly volume & revenue going exponential) circ mcap is 60% i don't even want to spell out the trade here. I'll let @supercontraa do that for you:

the simple barometer for me about whether it's worth being very active onchain is essentially: how many new coins are going to 8 fig caps? and the answer is exponentially more than a month ago, and incomparably more than any period for the past 1.5 years don't midwit

feels awfully like onchain prebull. i expected majors needed more momentum to sustain the risk appetite we're seeing. it's hard to complain about weekly 8 fig runners given how dry things have been for a year+ feeling optimistic about onchain pie continuing to grow