With coins like KNTQ doing well, i expect real utility coins on hyperevm to perform very well.

These kind of coins attract holders, not short-term trader. Volume and liquidity immediately filter out weak hands with illiquid portfolios who go to chase other coins. TREAD is the type of coin to actually move when announcements are made - aside from TIP3, believe there are catalysts in Q4 coming.

As for other positions, I'm a huge fan of $DRV for mid-long term this cycle although I don't make projections out more than 2-3months at max. Have been picking up utility coins on Robinhood but otherwise, staying liquid for the next iteration of the game.

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Signs of supply rotating into stronger hands. Airdrop receiver took gains. Bigger hands absorbing. Twaps happening.

https://hyperdash.com/address/0xf47877fedd431ad85bd46a4ad8aea54a0703414c

https://hyperdash.com/address/0x04b2f53b45096ba3995ce99a3d72fbb0f84ecb0f

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projection

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https://x.com/itswhail/status/2108258665610293656?s=20

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Pure TA wise, something that's worked well for me is the Rule of 40.

When a runner pulls back ~40% and finds support the run usually isn't over. Trend is your friend.

First time I ever noticed and applied it perfectly was with GOAT when it ran from 0 -> $500M.

I'm seeing the same thing with TREAD now where it perfectly bounced off $0.80 and not dipping below it.

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https://x.com/itswhail/status/2106503007118520744?s=20

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• Turns out they've done way more volume than I expected (https://x.com/davidyjeong/status/2106018833454801031?s=20) David saying they've done $100B+
• Also didn't realize that the actual mcap is only around 16m but it honestly feels lower with the lack of supply being sold
• QRT investment is a strong signal. They grew from $800M -> $40B+ in less than a decade. https://x.com/tread_fi/status/2105654016948773040?s=20

Chart not breaking down under 80m is a good signal.

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it appears the entire RH ecosystem will need more time.
1B FDV is nothing and i expect TVL to 5-10x in the next 3-6 months, but regardless, it's a new chain.

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