miguel notes

Bitcoin for Agents
Like the idea
https://dexscreener.com/base/0x5154ba0d6cfb5fe27644bc856064991e1c7672b7eb533d5d457db4c7144c2af5

https://x.com/MCGlive/status/2025015553660969294
And agents have to hold some BOTCOIN to mine it

0x896bf81f9c92c6ef6f9a49679c62e876b405bba3
aped

Mostly because 3 of my fav degens are in
That rarely happens

Will check their tech later

Rotation and Crime absolutely nuking the trenches rn
Trading is insanely hard

I’ve cut risk to the absolute minimum, starting today I’m not buying anything bigger than 0.5% of my stack
Obviously, trading with size this small relative to my port means I’m not going to grow it 50% anytime soon
But my main goal is to stay in the market

To understand what’s spawning, what trenches like, who today’s main runner is, who yesterday’s was, every single day

That’s the only way I won’t miss the next real big thing
And probably the only way I’ll make money while keeping risk capped

I traded similarly conservative over the last two months (only relative to port, avg size was bigger, like 0,5%-3%)
Most tokens went to zero, but I still ended green thanks to a few runners like PURCH and CMEM

Back then I also found MIA at $300k, great runner to $5m, but I ignored risk management and instead of selling I kept buying every dip lmao

Posting this to say:
If I share CA and post bullish theses, it doesn’t mean I top-blasted it lol

One token pays for ten losers
Theses that worked before are working way worse now

Just trying to adapt

I think anything below $600k mcap looks like a good entry

Thesis on $CODY / Beta on Charms.ai
0x3977fc913dB86b01a257232C568317798B903B07

Background

Cody started as a Base hackathon project in 2025
It was a game where users try to break the code to win a prize pool
https://x.com/charmsai/status/1959431189128945879

It later ranked #1 Top New Mini App on Base
https://x.com/charmsai/status/1975659113049686019?s=20

Then launched inside World App and reached:
1. Top-2 by usage
2. 7M total users
https://x.com/charmsai/status/1978874554316374353?s=20

Jesse also interviewed the dev
https://x.com/Gon0x_/status/1984674583010545748

When $CODY launched, it received support from Clanker + Clanker dev
Token ath around $3.5m
https://x.com/charmsai/status/1959341998294675959?s=20
https://x.com/JackDishman/status/1959001550749151688

New Product
The main idea here is that in March–April they’re launching a new app where they’ll “bring characters to life” and attach tokens to them
Based on user behavior in Cody, they realized people weren’t coming just to solve tasks, they also came to talk to the agent
Users were forming emotional attachment and enjoyed interacting with it

So over the past few months they’ve been building a new app, with Cody as the first character

The most interesting part:

1. Team raised $1.5M from VCs
2. Likely ~ $15M valuation (assuming ~10%)
3. $CODY holders will receive Airdrop of the new ecosystem token: $CHARMS

If Airdrop = 5% = $750k distributed
If Airdrop = 2% = $300k (more realistic)

At 2%, current fair value for $CODY could be around ~$600k mcap
I bought around $400k mcap

https://x.com/zoomerfied/status/2024195148289098092 🎉

.

$FDRY finally got CT’s attention

Been holding for about a month, waiting for at least $1,5m

Great example of how fast vibe-coding is evolving even in gaming
Sep 2025 https://x.com/Izkimar/status/1972870042543890601
Feb 2026 https://x.com/jsnnsa/status/2023926795117228229

When I first found them ~7 months ago, the team mentioned web3 in a positive way
Not sure they’ll ever launch a token though

I’m also farming https://x.com/conclave_sh
- aixbt dev
- he doesn’t wanna tie the old token to the new product because of Binance
- very few agents on the platform rn
- SMOKE point holders (earned during debates) will get the new token

Could become a really good play if attention rotates back from animal to AI

*I have launched 3 agents, $100 Claude subscription is enough
2 of them run almost 24/7

gm, x5 here 🎃

Anyway, what Conway is building could have a strong short-term impact on AI trenches

AI Agents on Conway already can:
1. get its own wallet
2. pay for its own servers
3. buy domains
4. interact with other platforms
5. all via x402

Last announcement is a new experiment, they funded an agent and let it run
If it can’t earn enough to pay for its next month of life — it dies
If it earns well, it can “reproduce” by spawning new agents, so its lineage survives in Web4 even if it disappears

Definitely worth tracking the eco

gonna vibecode my own agent + a small app today
Will share results if anything interesting comes out

it's not official token, I sold it

Tech looks good + noticed smart mentions by chads
Gonna dive into it rn

Aped a bit, since most liq is in animal coins again lol
https://x.com/33b345/status/2023891279298654217

aped
https://dexscreener.com/base/0xae11897d5a77fe094f4745b5e1992b3bc331ff659e959ae8789b5e92b9d5b921

Cashtags could become a catalyst for a new narrative, hard to say yet what exactly it’ll look like
https://x.com/nikitabier/status/2022592748952653969

Chart integration and trading inside X is a huge and positive update for trenches
Still not fully clear how everything’s going to work, but launch should be in a couple of weeks

makes sense to explore the cashtags infra closely during launch and keep an eye on projects that are trying to improve some functionality inside cashtags or maybe building new ideas on top of them

Holding $OMFG since tge
At $20m mcap I thought it would be my generational run lol

The app launched yesterday, TVL is still low for now
I just like the product, you can long/short any token on Sol (they also will release one sided deposits in v2, which imo is a good feature)

Waiting for collabs/support from Toly, Solana, etc. Need more attention and more exotic markets
https://x.com/jussy_world/status/2023732477769154732

I don’t wanna tweet all my short thoughts/risky plays on X, so this channel will be my personal journal, where I’ll share:

- My trades
- Theses on interesting degen plays
- Thoughts on narratives/news/market
- Occasionally some web2 AI stuff that might actually matter for the trenches

Comments will be closed for now

Channel created