Benz

While everyone was expecting and preparing for a pump & dump with Arc, I’m starting to see a very different setup on @Enter_Elysium, much closer to what we saw with the Robinhood chain, imho.

> A chain with stronger fundamentals, directly tied to HYPE, giving it better branding and legitimacy. On top of that, it has a pretty unique flywheel with $KNTQ, which actually benefits from the value created by the chain. (Sequencing fees and other projects fees like @AscendLaunch, @okutrade, @windupdotfun buying back the token etc)

> A real split between people already positioned, people calling for a pump & dump, and people waiting to buy the launch dip.

And all of this is happening in pretty brutal market conditions.

Just like right before the RH season.

Sure, these conditions aren’t ideal for liquidity, but they also make it easier for a new ecosystem to capture the spotlight.

And potentially create those 0-to-1 moments and unexpected wealth effects that catch everyone off guard.

We’ll see how it plays out.

The market is tough right now, but I genuinely think it’s a mistake not to at least keep an eye on what’s happening on @Enter_Elysium.

Mainnet tomorrow.

$e/acc

Just bought a bit of $vonspeed by @vonspeedascend

There is some good lore related to kinetiq:native founder

Its paired to $kntq and I believe there will be some good runners on this pair on Elysium.

I genuinely don’t understand the insane amount of cope from people holding the “OG” e/acc and constantly dunking on the leading $e/acc coin on @Enter_Elysium.

Getting frustrated because your token got vamped? I perfectly understand. It’s never easy.

Getting frustrated because the Ascend launch was a bit shady? I can understand that too.

But come on.

Elyspump rugged. Montra is criming their coins. Everybody is doing paid shills and bundling.

Trenches are trenches.

I can understand having a bad day or being frustrated after a few disappointments, but I genuinely don’t see the point of staying this mad about the whole situation.

If you were overallocated and lost big, I’m genuinely sorry for you.

But at the end of the day, the person to blame is always the one clicking the button.

I mean, we’re buying shitcoins on an unofficial pre-mainnet chain.

This is peak trenches. This is peak war.

Disappointment and frustration? Fair enough.

But extreme cope and hate? Makes absolutely no sense to me.

Fully agree that this is part of the bull case for @Enter_Elysium:

> Hypercore offers an expensive but anti-vamp future that could allow tickers to run harder and longer, as they gain more legitimacy.

> The L2 flywheel, with $KNTQ as the main token, already backed by an actual business and now potentially benefiting from new revenue streams: sequencing fees and dApps aligning themselves with the ecosystem by using part of their revenue to buy back the token.

> On top of that, you’re directly connected to Hyperliquid, one of the top projects in the space, which could attract some serious builders and allow genuinely innovative apps to emerge.

—-

Put all of this together, and Elysium could actually be in a much better spot than most of the L2s we’ve seen in the past.

More importantly, it offers potential answers to some of the biggest problems we’ve seen onchain:

> Lack of a real L2 token flywheel
> PvP dynamics dominating the ecosystem, without any escape for genuine believers and builders
> Fragmented liquidity
> Lack of playground allowing genuine innovation

We could go much deeper into this, but the more I look at it, the more interesting it gets tbh.

—-

The timing is a bit weird, though.

On one hand, the market is pretty weak, and I don’t think current conditions will allow for a crazy onchain season.

On the other hand, there’s not much else that’s genuinely exciting rn, and with so many people sitting on the sidelines waiting for better conditions, attention could concentrate pretty quickly if something starts cooking.

$e/acc

I still don’t like the way @AscendLaunch decided to launch.

But the more I look at the bigger picture, the more I think they’re actually playing the right game.

They’ve always made it clear that their goal is to help tickers reach Hypercore.

And unlike other launchpads, they don’t have their own token to pump.

Their fees go towards kinetiq:native buybacks, directly aligning their success with the ecosystem.

No token means a much higher ceiling for coins on the pad and no need to overmilk launches and endless pvp just to generate fees and keep their own project alive. It’s just a nice add for kinetiq:native.

Also, you can clearly see the difference between teams spending their cash on KOLs and teams actually using it to secure Hypercore tickers and contribute to the ecosystem.

I genuinely think securing the Hypercore ticker for $e/acc was a genny move.

Especially considering that despite everyone FUDding the launch, the coin barely dipped.

Outside of the big hands, almost nobody has an average entry below $700K–$1M mcap.

I think there’s still a lot of room to run.

Of course, it all depends on whether Elysium actually cooks, but so far, things are looking pretty good.

I’ll probably buy a dip on the 9th if we get one.

$e/acc