+180%
Problem with conviction trades is that you also need patience.
While everything was pumping and $BP was in accumulation it really tested my patience.
Hopefully $BP finally exits accumulation and moons:
Thesis: if meme/tokenized stock narrative migrates to Solana, Backpack benefits as stock tokenization platform.
More issuance -> more arb opportunities -> more users to BP ->higher fees -> etc etc
BP has no rev share but still a fun play to look.