pretty interesting to see play out, but we have a dynamic onchain that we have never seen before with these social trading apps becoming so popular (fomo, axiom, pump etc), we have people sitting on MASSIVE uPNL positions in public the incentives are such that people will get publicly shamed if they dump these massive positions and ruin their online reputation in this age of AI slop we live in with infinite content out there and largely non human generated, trust and reputation becomes even more valuable than before point is, incentives are such that most of these people will hold publicly for longer think we need to raise our price targets
EthanShare
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