K A L E O

“Exactly Easily could be wrong on one or the other If I’m wrong on BTC / majors taking one final leg down, I have a hard time not seeing the Robinhood eco bag send If I’m wrong initially on the Robinhood Chain eco, have some extra $ from BTC (more specifically MSTR) going down, and still sit comfy in spot knowing how much of a capital disparity there still is between Robinhood & other comparable chains for when things bounce”

“#Bitcoin / $BTC small move higher today back to range highs... still expect a bit more chop into the end of the month before one last leg lower in September Then up only https://t.co/TDKpxEQ0bW https://t.co/riK3h1KdLD”

“#Bitcoin / bitcoin:native Think we see a bit more chop this month before one last leg down to the mid 40s to create the pico-bottom for the bear market. September is typically a rough month for crypto and ~900 days post halving has marked the bottom the last several cycles. Robinhood Chain eco is still my long hedge / e.g. think there's a high chance the momentum and growth we've seen carry into the ecosystem so far continues. It's where the "hot ball of money" is currently and where I expect it to continue to roll (e.g. similar to what HYPE did earlier this summer when the majority of the market bled). One way or the other - market should be very close to a bottom from a time perspective. End of 2026 into 2027 should be fun.”

“Robinhood Chain TVL is now up to $544M. Still only just over 10% of both Base and Solana. TVL may not be a perfect metric for measuring on chain activity in the trenches, but it's a great metric to gauge potential capital inflow and activity growth for the chain itself. HOOD is more than double the market cap of COIN, and Base had multiple billion dollar meme runners. Robinhood is arguably the "Solana" of retail for trading stocks. It's the heart of the trenches for the most active and social traders, but at a much, much larger scale. The growth we've seen over the course of the last month and a half since Robinhood Chain has launched has happened in the heart of the bear market for the rest of crypto. And why I expect it to continue to serve as a hedge is the expectation that it's the most obvious place to look for the continued pace of the rate of capital inflow which leads to more rapid growth. It has direct access to a whole different subset of retail than any other crypto app does that it can natively integrate some of the features of its chain to. If Solana had multiple of its top memes hit $5B last bull market, think about the potential Robinhood Chain has this bull market. So yes - the thesis still remains the same that: $CASHCAT = BONK $HMM = WIF Except for bigger. I'll continue to bid and stack high conviction plays here because it just makes sense. Insane to think the home of retail degen trading won't have its main runners hit $5B+ next bull market. So zoom out, chill, and continue to stack. You're still early 🤔🐈”

“Obviously if ETH goes down, there’d be a brief wick for a lot of names with it as they are denominated in ETH… but I think the important thing to note here is the mcap would be going down as a function of the denominator, not so much outflows. So as more ETH flows in at the lows, it acts as that much more of a catalyst for a major bounce back as soon as ETH bounces back And fwiw - I see September as the pico-bottom of the bear market… so I don’t expect any move lower in the broader market to last long”

“Current thesis is still Bitcoin and the broader market takes one last leg down, and the leaders on Robinhood Chain act as a hedge. E.g. More capital continues to flow on to the chain and names like $CASHCAT and $HMM outperform and find a way to print new highs Strength begets strength Over the last month, the HOOD eco has been a black hole of both activity and liquidity. I don’t see any reason why that slows down.”

“@Bullbearsaur So far so good at least on the Robinhood side brother Bitcoin next”

“People struggle to understand the concept of being able to be bearish (at least short term) on Bitcoin, while also bullish on the Robinhood Trenches. Outliers exist. Look at HYPE in May & June vs. Bitcoin (see chart below). BTC went down 30%, while HYPE went up 100%. So if you're trying to understand how it's possible for me to be posting charts that show Bitcoin going down next month at the same time as showing Robinhood Chain ecosystem assets going up, it's because HOOD is currently where the "hot ball of money" is flowing into. It has the least exposure to any type of liquidation cascade risks and the most activity / new money flowing into it. So yes, there are some very simple people out there incapable of thinking critically that just follow the wave of price action like sheep to the slaughter. There are others that spot these outliers, and position accordingly. And yes, the simple people get very upset when they're sidelined to whatever narrative is happening that they're not part of and think of any way possible to justify reasons why they're not wrong "it has to be a scam". When in reality, they're just washed. The Robinhood Chain narrative is both early and here to stay. What I've been recommending over the last several weeks is to position yourself for the next month and hedge either way by shorting MSTR and longing winners in the Robinhood Trenches. I have enough conviction in this thesis that I am willing to continue bull posting through whatever FUD I see. Why? Because I don't believe this is a "multi-day" or "multi-week" trade. I believe this is a narrative that has the potential to be the driver of the majority of the action for the next several years, in a fashion similar to what Solana did toward the end of 2023 and on. But bigger. Robinhood has more access to capital, a more recognizable brand name, and the ability to onboard real, "degen" stock traders to crypto in a way that SOL could only dream of. I've already seen multiple 90%+ drawdowns in names that I own, that have subsequently rallied to do multiples daily. In hindsight, it'll all be obvious. For now - be willing to fight against the crowd for something you believe in. Make holding and stacking high conviction plays great again. If this is what we've seen the Robinhood trenches do so far in the heart of the bear market when everything else is bleeding out around them, imagine what they'll do when the broader crypto market turns bullish again. hmm think about it 🤔🐈”

“#Bitcoin / bitcoin:native Honestly, I think this guy wins. Still believe majors see one last leg lower, true bottom in September, up only from there. https://t.co/H9j9ka4F3P https://t.co/gvppGOllVa”

“@theunipcs @callmedowork I will adamantly insist one more time here. thinking-cat:native is sending to billions. I fully believe higher than both BONK & WIF last cycle, because Robinhood Chain will be bigger w/ more capital than Solana ever was What's a $25M mcap when you're talking about $10B+?”

“Cash Cats NFTs will be 1 ETH+ by tomorrow. Thank me later. https://t.co/BhCGqsdObV”

“just an fyi - you're not bullish enough on Wonky Stonks they're my NFT collection OG generative art on ETH I will make them a recognized blue chip by the end of this bull market”

“@monkebagz Wonky Stonks are my project. OG ETH NFT generative art collection that was launched as a free mint and is just about the art and the vibes. They will be considered a blue chip by the end of this bull market”

“Also - I want to say this again because for some reason it isn't clocking with some of y'all: There can be outliers, and I believe Robinhood Chain right now is an obvious outlier. So my thesis atm is short MSTR, long Robinhood Chain winners.”

“#Bitcoin / $BTC Think the rest of August is just a slow steady chop before the last leg down in September People forget how bad September traditionally is for crypto majors The bullish part though! It lines up exactly with the where we've seen the pico-bottom of the last several bear markets in terms of landing in the ~900 days post halving window. So one last leg down - and then up only You can countertrade me on Kalshi perps ➡️ https://t.co/puh9fBFEKm”