some thoughts on Arc chain: ppl building on Arc or related to Arc have reached out to me several times over the past few weeks apparently, they want to get trenchers onto the chain early because they understand that memecoin activity is one of the fastest ways to bootstrap traction for a new chain i mostly ignored them i've been too busy to even keep track of all the messages i get these days, but more importantly, i've believed that onchain activity this cycle will be concentrated around Robinhood, BNB and Solana that was my bias until i learned that fomo will be integrating Arc shortly after launch Seyong from fomo recently told me that the integration should happen within a few days of launch and honestly, that changed my short-term bias on Arc don't get me wrong i still believe RH/BNB/SOL will be where the majority of the real action happens this cycle but there's something important to consider: fomo hasn't even integrated Hyperliquid, Tron or TON and all three of those chains produced runners that reached $100m+ so if fomo is integrating Arc right out of the gate, i think there's a very real possibility that there will be some serious short-term money-making opportunities for trenchers and that's the key distinction: short term i am NOT saying Arc is going to become the next BNB, Robinhood or Solana i'm saying this is the first time fomo will be integrating a non-mainstream chain essentially from launch that makes Arc a very interesting experiment and i'm positioned accordingly i bought the native token of the main launchpad on Arc, $LONG, along with the top 3 memecoins on the launchpad my thesis is basically this: 1. fomo is integrating Arc fomo is becoming one of the main crypto trading apps for retail this cycle i originally ignored Arc entirely the fomo integration changed that 2. Arc is actively trying to attract trenchers multiple ppl building around Arc have reached out to top trenchers like myself that suggests they understand how important early memecoin activity can be for a new chain 3. they appear to be trying the Robinhood playbook i've also had a source tell me that Arc understands how important it is to have trenchers on the chain early and is actively focused on making that happen essentially, they're borrowing a page from the Robinhood playbook and i want to be super, super clear about this: this is a degen, degen rabbit hole this is a short-term adventure i'm not rotating my core thesis away from RH/BNB/SOL and i genuinely believe that RH/BNB/SOL is where you want to concentrate your energy this cycle... and that most other chains will likely be a waste of time on a long enough timeframe so why am i touching Arc? i'm simply betting that the combination of new chain + launchpad + trenchers + fomo integration could create some very interesting early opportunities if you're interested in exploring it, you can either wait for the fomo integration later this week or bridge over earlier through the main launchpad on Arc, Long for those who want to bridge: 1. buy $CRCL on Robinhood (most tokens on Arc are paired against $CRCL): 2. bridge your Robinhood Chain $CRCL to Arc using the bridge provided by the main launchpad: 3. buy whatever you want through IMPORTANT: don't use trading bots like Basedbot or GMGN right now they're routing through the wrong pools and you could end up losing a significant amount of your money to slippage and if you're not on fomo yet, you really should hurry to get your account set up if this thesis plays out, you don't want to be setting everything up after the opportunities have already appeared join through my ref: i'm also doing a $350k giveaway for active fomo refs so you could literally get rewarded for being early again: this is a short-term degen experiment but if you're a trencher, this is exactly the kind of setup i'd want on my radar before the masses arrive

BREAKING: President Trump says he will issue a $5,000 "dividend" to every adult citizen in the US if the Republicans win the midterm elections. There are currently ~245 million US citizens age 18+, meaning this dividend would cost ~$1.2 trillion. This would mark the biggest economic stimulus payment since the pandemic.

On X, ZZZ, and GMX X, GMX's original lead developer, has stepped back from active development and is nowadays an advisor to GMX. He has personally confirmed that he deployed $ZZZ on Robinhood Chain this weekend. The wallet used for that is not an active GMX deployer and is not connected to any active GMX V2 contract. It is an original personal deployer, the same one also previously used to launch XVIX, a project that preceded GMX. GMX moved to fresh deployer wallets long before this deployment, as part of an OpSec upgrade implemented in coordination with X. Those new wallets are not controlled by individuals and have additional security safeguards. X has renamed his personal Twitter account to @ExponentLabs_ and has started setting out an AI-focused vision for autonomously evolving protocols there. He is building this project outside GM Labs (@GMLabsHQ), the company behind GMX and GMTrade, so GMX has no link to it beyond his advisory role. Anyone curious about what he is building can follow him there.