The current valuation makes no sense. SEC moved innovation exemption forward. Stonk burning >50% of supply at this pace by EOY. Pump is 20X the MCAP with unlock overhang and poor user sentiment. This should be trading at multiple $Bs MCAP.
Thread
Details
- Posted upstream
- 2026-09-17 14:09:43 UTC
- First seen
- 2026-09-17 14:09:43 UTC via feed
- Chain
- Solana (1399811149)
- Position when posted
- $371.1K
- Token address
- 6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx
- Author's older theses
- 0
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Other theses on this trade
Asymmetric bet: $ZCAT is about to flip it’s daddy $Stonk The market is hallucinating.