Am initiating a starter short on TRUMP at ~$35 with room to add at ~$43 (if we get there) I do not view DOGE and SHIB as good comparables during a very different time of recovering and much more concentrated liquidity (fewer selection and breadth of assets vs what is more fragmented today) In general we have not seen crypto assets out price their Trad counterparts and believe DJT at 8.5B MC acts as a soft selling / comparable to where the TRUMP memecoin lands (at 7B circ now) From a FDV perspective TRUMP’s current valuation also outweighs effectively every other meme on SOL combined; figuratively a quick proxy around harvested / cannabalized liquidity that is immediately available in the aggregate I view the culmination of all these listings (OKX, CB, NANCE) this evening as actually the most bearish scenario. These pools of liquidity available are not spaced out in a way to retrofit, shape and accommodate marginal demand. To me it is analogous to giving an avid swimmer an ocean to swim in after a single day of practicing in the public swimming pool. He/she will likely not be able to utilize this effectively to what would have been 100% otherwise (if more spaced out) Put another way the gyration of all these listings prevent holders from looking ahead to upcoming “catalysts” as clear changes of ownership Such a dislocative effects (which this certainly is) / “white swan” should draw a mix of fanfare / exposure in the coming days from contemporary media & allow the public to draw two possible conclusions: - the possible enrichment of the hyperbolic time chamber that is the memecoin casino - that the President has effectively drawn a line around the “what is a security” debate in solving toward memecoins being the answer while instruments that are “yield-based” or “utility-driven” remain challenged / under pressure from the SEC / CFTC To me this does not raise and elevate attention to TRUMP but instead rather “the next best thing” of coins that are much smaller and seemingly available to replicate the multiplier effect - which could be bullish for every other listed meme on public platforms like Robinhood, CB, etc TLDR in the interim: ++ retail interests - - insto interests

4d chess, it's happening

BREAKING: @realDonaldTrump-PROMOTED SOLANA MEMECOIN $TRUMP FLIPS ETHEREUM L1 IN 24H ONCHAIN VOLUME