Pudgy Penguins, Scaling Solana, and the Hot Ball of Money | Analyst Round Table
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So long as these teams are pedal to the metal on scaling and they don't get complacent, I think there are a bunch of chains here that are eventually going to hit that, like, without question, like, millions of TPS.
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Nothing set on Xerox Research is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Ryan, and our guests may hold positions in the company's funds or projects discussed. What's
up, guys? Welcome back to another episode of OX Research. Today, it's myself joined by Ryan. Our our great lovely friend, Boccaccio, has and I quote said, Ryan Conner's points are way too hard for me to compete with. So he's given up he's given up completely on even trying to debate Ryan at this point. Maybe we'll see him on some future episodes, but he he said he couldn't handle a cash flow scanner anymore. It was too much.
Yeah. Yeah. I heard he's taking time off to work on his takes. He's gonna take a week. He's gonna go to the gym. He's gonna work at his takes, and he's gonna come back better than ever. So wishing him the best. I I think he can pull through.
We're rooting for him. Hoping hoping the best. Hopefully, we'll see him back here for some more episodes shortly, at least. I guess getting into today, there's some maybe exciting news just from this week. I think a big one really was Pudgy Penguins and and the Pangu token launch. This was pretty interesting, I think, for a few reasons. 1, Pudgy Penguins themselves, the NFTs, and, like, all related, I think, sort of NFT collections had a bit of a kinda crazy few weeks of volatility in terms of price, in anticipation of this token drop. But then to this the penguin Pangu token itself actually,
Yeah. It it, it whipped around there, quite a bit. It looked a lot like a, like a stock that just paid the next dividend. Right? Like like, Carl Icahn takes the thing over. It has too much cash on the balance sheet. It's gonna pay out a special dividend to investors. So you have to price that in, and then the price is auto is going to automatically adjust downward as the dividend is is paid on the on the active date, or the issuance date. Yeah. So wild price action. But, I think I mean, look. It was a moment to kinda, like, look back and reflect on what has happened with Pudgy. I think it's on
Yeah. I think you you bring up great points across the board, just in terms of, like, execution of the you know, by Luca or, like, the brand, the team, however you wanna refer to it. It has been interesting to see Pudgy sort of be this kind of front rudder in replacement of or sort of, like, as a parallel to the, you know, kind of Bored Ape Yacht Club of a prior cycle that tried to, I think, you know, affect this a similar strategy of, like, building up this brand and then, you know, did eventually launch an ApeCoin as well and, like, you know, tried to build some, like, games a
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