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I think $PURR sitting at ~$7M is insane. I’ve spent the better part of two weeks hunting for genuinely mispriced asymmetric bets, and this is the first one I’ve decided deserves a full 1% position. The thesis is simple. $PURR has a similar yield/reward concept to $ZCAT, except the yield is higher, and it’s built around Hyperliquid, an ecosystem with substantially more economic activity than Zcash. Bitcoin / ETH weakness can absolutely drag it lower. This isn’t isolated from broader crypto liquidity, and if BTC/ETH continue selling off, $PURR probably sells off with them. I view that as an opportunity, not an invalidation of my thesis. Once we enter a proper risk-on crypto market, I struggle to see how something with this positioning remains a single-digit-million-dollar asset. Nine figures is the minimum outcome I’m underwriting if the thesis plays out. We already have the proof of concept in $ZCAT. I just think $PURR is the better coin at a fraction of the valuation. I plan to buy more if btc continues to sell off Good luck guys.

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Details

Posted upstream
2026-09-15 15:50:16 UTC
First seen
2026-09-17 20:36:50 UTC via trade comments
Chain
Solana (1399811149)
Token address
8RNUw4N655VSrZKuhGdywhbSMDTrheguFPfxbpE2NZHQ
Author's older theses
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