5/14/24 - $oreusdt - novel proof of work on $sol, have a look
5/14/24 - vrockstar -
OREUSDT
- among the 70+ equities posts i made, i do look at crypto as well and while this is MUCH more speculative, i'm flagging
ORE
as something that's worth looking into.
1) you don't have to necessarily buy it - you can mine it in your browser
ore.supply/
2) the proof of work concept is quite interesting IMO b/c a. this is a first of its kind on a proof of stake monster chain like
SOLUSDT
(high throughput, cheap fees) b. and in the context of regulation - not a security - it checks a lot of the same fair launch elements of btc
3) this is a chit coin. i know. but at a $5 mm market cap currently, tons of money on
SOL
looking for a new home and potentially acting as a store of value, the risk reward is quite good even if you assume 1% chance of success.
4) this is one of the newest coins as a first of its kind, which means there are no bag holders yet. this is key for future pumps. higher highs. shallower dips.
5) tmr's CPI will defn drive all risk and this is massive beta on
SOLUSDT
which is massive beta on
BTCUSDT
which is massive beta on $QQQ. So keep this in mind as you consider timing.
forgive me equity bros for posting chit coin flag, but figured this is new enough and interesting enough to have a look at a very cheap valuation and no insider/ VC BS involved.
-V
ps - i'd like anyone's comments if they have an even more bullish or bearish view. and do u agree w/ the above logic? seems like not many are yet talking about this... let's see.
ORE
as something that's worth looking into. 1) you don't have to necessarily buy it - you can mine it in your browser
ore.supply/
2) the proof of work concept is quite interesting IMO b/c a. this is a first of its kind on a proof of stake monster chain like
SOLUSDT
(high throughput, cheap fees) b. and in the context of regulation - not a security - it checks a lot of the same fair launch elements of btc 3) this is a chit coin. i know. but at a $5 mm market cap currently, tons of money on
SOL
looking for a new home and potentially acting as a store of value, the risk reward is quite good even if you assume 1% chance of success. 4) this is one of the newest coins as a first of its kind, which means there are no bag holders yet. this is key for future pumps. higher highs. shallower dips.
5) tmr's CPI will defn drive all risk and this is massive beta on
SOLUSDT
which is massive beta on
BTCUSDT
which is massive beta on $QQQ. So keep this in mind as you consider timing. forgive me equity bros for posting chit coin flag, but figured this is new enough and interesting enough to have a look at a very cheap valuation and no insider/ VC BS involved.
-V
ps - i'd like anyone's comments if they have an even more bullish or bearish view. and do u agree w/ the above logic? seems like not many are yet talking about this... let's see.