probably the leader of this new onchain ethereum meta.
the 1h chart looks very good, they keep adding new markets, and TCG is coming soon alongside the trading unlock.
a lot of people see it as a potential sell the news event, but personally i see the opposite. right now the main way to redeem FWA is still through playing spins in the NFT gacha. enabling trading and adding TCG should massively expand the market and bring in a completely different type of user, liquidity, and speculation.
it’s also one of the few projects that already has a good kinda addictive product and ponzinomics novel enough to capture all this attention.
onchain ethereum has gotten extremely hot with this whole uniswap v4 hooks meta. unironically feels like they’re bringing ethereum back to life. there’s actual experimentation again, weird products, new ponzis, and it reminds me a lot of early 2020 or early 2023. balls tingling.
there’s obviously still a ton of liquidity rotation, but the appetite is several orders of magnitude bigger than it was a few weeks or months ago. we’re seeing recordlevel onchain activity while majors are still relatively close to their bottoms.
my read is that activity is front running price and if majors dont fuck it up there could be a pretty violent repricing across this entire new meta + robinhood etc soon
this also lines up with a potential top or cooldown in stocks and an eventual rotation into crypto. bottoms are behind us.
some of the coins i’m positioned in rn and think could do really well:
$PONS: leading launchpad on Robinhood Chain with a strong flywheel and clear value accrual. at 40M mc now.
$YOLO: top meme on Robinhood Chain imo, fits Robinhood / WallstreetBets lore and also the flagship meme of the PONS ecosystem. at 3M mc now.
$AI: top-tier meme (Artificial Inu) + RWA crossover (paired to NVDA stock), 10/10 ticker and a leveraged bet on the growth of the LONG launchpad. Founder pushing this coin. at 4.5M mc now.
$FWA: “fake world assets” on Ethereum. gacha NFTs, tradeable assets and some pretty interesting ponzinomics. 4.5k ETH volume (saving Ethereum fr). pushed by lots of eth whales. at 30M mc now.