fade we can't all be bullish, right?

Theses & replies

@doughwatch
Just a Backpack$12.8K-22%

people are noticing. hmmmmm. Stonk fun securities are literally funneled through Backpack as a company. In the same way that Radium is the LP's for this and volume runs through RAY, securities are issued through Backpack in return driving value to $BP via proxy. As of now, there is not a DIRECT path of value accrual from this to the $BP token, but I have a feeling something will be baked in later. Over $7.8 BILLION dollars of volume in RWA pairs have been traded since inception. A huge portion of that has been via Stonkfun (I'd say roughly 40% if not more - absolute guess btw) It only makes sense that $BP goes higher as it is more than just a Wallet/Exchange at this point. $BP higher<>Just a backpack higher. Super simple barbell and easy to connect the dots once you see these factors in play. Seems like majority of market participants don't know that Backpack is the main security issuer. IMO Over the next month this narrative will take lead. Few.

3 likes
@doughwatch
LeverHedge

hylo x stonk? hehhhh https://x.com/LaunchOnSF/status/2100328632996475363?s=20

2 likes

cashkau

@doughwatch

DaBullz·Member

toxic optimist.

719 Followers 98 Following Joined Aug 2025

Trades
612
Swaps
1.3K
Volume
$502.5K
Avg hold
2.2d
Total PnL
+$75.4K

Top closed

Updated 1d ago

478 closed · top 5 by realized PnL

  1. MUSHROOM closed Sep 3 · in $197 +$8.4K+4,252%
  2. GAGE closed Sep 9 · in $1K +$7.2K+724%
  3. Vawlt Slawth closed Sep 9 · in $199 +$4.3K+2,156%
  4. ALLINU closed Sep 12 · in $299 +$4.3K+1,428%
  5. $Token closed Aug 28 · in $1.2K +$4.1K+326%

Active holdings

Updated 1d ago

$81.6K total · 72 tokens

  1. MUSHROOM Robinhood Chain · Sep 14 #1
    Value $19.3K 1.3M SHROOM
    Profit +$12.1K+168%
  2. Just a Backpack Solana · Sep 11 #2
    Value $12.8K 7.2M 🎒
    Profit -$5.6K-35%
  3. LeverHedge Solana · Sep 10 #3
    Value $12.1K 4.3M LEVERHEDGE
    Profit +$9.9K+166%
  4. Artificial Inu Robinhood Chain · Sep 4 #4
    Value $11K 30.2K AI
    Profit +$4.6K+70%
  5. ALLINU Solana · Sep 16 #5
    Value $6.4K 243.7K ALLINU
    Profit +$1.4K+29%

Value at the latest price. PnL is realized + unrealized on the current position, and % is of the amount invested in it. "—" means fomo has no entry price, so PnL can't be worked out.

Fades on @doughwatch's calls

This trader hasn't claimed their fade.ac account. These are bets on whether their calls play out.

calls resolved
none yet
played out
—
live fades
0
points at stake
0

No open fades right now.

On fomofeed

Theses
4
Replies
0
Tokens
3
Avg position
$12.8K
Median PnL at post
-22%
Last thesis
1d ago

Chains

  • 3
  • 1

Most posted tokens

Profile updated 6h ago

Fades on their calls

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No fades on their calls yet.