Hivemind: Is The Market Cooked, Monad's ICO & Crypto’s Perp Opportunity

Bullish:

• $ZEC - Zcash has strong bid support and could reach $1,200 as one of the few coins with actual buying interest

  • “I don't think the top is in on Zcash, to be honest. I think it probably goes up to, like, 1,200 or something”

    Jason·15:05
• $LIGHTER - Lighter's investors got a good deal at $1.5B valuation with $80-90M annualized revenue and strategic Robinhood involvement

  • “I think the investors actually probably got quite a good deal on Leidr at 1.5.”

    Flip·39:13
• $METADAO - MetaDAO has legitimate projects launching with good token holder rights and strong momentum

  • “They have a lot of legit projects launching there with good kinda, like, token holder rights, and they have some pretty good momentum.”

    Ceteris·21:13

Bearish:

• $BTC - Bitcoin shows asymmetric downside correlation with equities and has become correlated with Trump approval ratings

  • “We're effectively decorrelated to the upside and perfectly correlated to the downside.”

    Jason·3:41

  • “Bitcoin has become like a Trump approval rating trade. Like, Trump approval has been like nuking Bitcoin nukes.”

    LTR·4:10
• $DAPP - Trading apps have likely saturated their addressable market as most trader types have already been onboarded to crypto

  • “I don't think the next massive wave of people coming into crypto are coming in for like financial, like apps, like trading and stuff.”

    Jason·49:30