What’s up everybody! This is Thomas Bahamas and we are back for another episode of Solana weekly! We are crushing it and it's a good time to be a Solana enjoyer. We got a lot to cover, but I’m going to focus on Solana’s use cases that are shining right now, our beloved Quekz, some bonk talk, and of course I’m going to compare some of the late and great Charlie Munger’s thinking to Solana.
Sol Price: 62.60 itching up, looks like 69 is just a small pump away. $142 wen?
SolEth: .02774 and the eth narrative is just struggling with their whole narrative lacking.
SolBTC: .001425 - staying strong while Bitcoin shines.
Bonk: .000007873
What I'm loving:
Sol, Bonk, and Quekz - the perfect portfolio.
Quekz have had an amazing run and I still think it's just beginning. The idea of cultivating a group of chads and having fun is what they are all about. I have a hard time focusing on any other NFT's at this point and am having a blast. This is reflecting in the price as well as they approach almost 3k a duck when we were talking about them they were $20.
Bonk - unrelenting pump. I had a position opened and put a .000069 take profit as a joke and forgot that i did it. Well it hit that and went above 8. It's like a snowball and only getting bigger. The narrative of it being a community coin that lifted solana in its darkest hour is so powerful, I just don't see it stopping. Currently over 480,000 wallets hold bonk and i'm loving it.
Solana is having it's day in the sun. People are bridging over for the fun and staying for the sick protocols. It's crushing. The network is running great, the narratives have all been battle tested against everyone in the bear market and here we are sittin above $60 at the beginning of a crypto bull run. BTC is about to explode and Sol will benefit from that as well as being the most usable network. The kicker? We've got a Jupiter airdrop going out to 800,000 wallets soon. We had a Pyth airdrop that crushed it and is still pumping. Depin is going insane with Helium releasing a $20 nationwide plan and long range outdoor mobile spot, meme coins are going crazy right now, so crazy that they are attracting people from all ecosystems as a way to test out the network.
All of this is driving the eth ecosystem wild. It's disproving their whole l2 narrative and showing what can be done right now. Meme coins make Eth unusable. Whatever coinbase is releasing has already been done for a year on solana. They talk about possibilities of getting closer to having a usable network while Solana is better than their best outcome by multiples on all fronts.
The Charlie Munger legacy. Rip. Been max listening to interviews and lessons from him and god damn it was he the goat. All about win win situations where everyone benefits from investments in good Products that people use. Here’s where we tie this in with crypto, I think that Solana will prove to be the first crypto that actually is a win win bet. People actually can benefit from the network. I think an easy example would be a fast and cheap way to transfer dollars without censorship. That’s right moving around usdc on Solana is changing the game. I think depin falls under this category too. Helium is offering a nationwide $20 plan. Unheard of. It benefits everyone, you can add coverage to the network and get paid for it, enabling a whole new paradigm.
Unironically I also think that Solana will also prove out to be an alternative to traditional banks. Go Bankless on Solana is something obtainable.
Anyways I don’t think that’s a stretch to connect those philosophies together. I think munger lived a great life and is someone to look up to. As I’ve been raising our new baby I can’t help but look up to his outlook on life, family values, clear thinking, and dedication to bettering the world. He once said that you surf along the trends of the time, and that is exactly what I’m doing with this Solana wave.
I’m going to leave this one here, and urge you all to keep things in perspective and figure out ways to better everyone around you while we enjoy the market going up.
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