gm! i don’t usually post assets like this but i want to make a bullish call on these assets in no particular order, also NFA!

Worldcoin — Extremely undervalued considering how aligned it is with OpenAI and its likelihood of getting integrated in their products 

CRCL — at $50B mcap, we’re very early considering trillions in global money market yet to be ported over to stablecoin rails 

Morpho — for their fast adaptation to multiple chains, aggregating liquidity at multiple nodes will be extremely beneficial in fully abstracted cross chain envs / @paulframbot 

Moonwell — similar functionality, one of the fews consistently upgrading both tech and distribution

would be careful with CRCL after its epic run from $39 at IPO to ~$300. current valuation within spitting distance of COIN is outlandish given CB gets ~half circle’s revenue. either that or COIN is wildly undervalued.

suspect we’ll see CRCL in the double digits sometime in 2026. until then, let’s hope markets continue to be irrational.

writing about products & protocols on Farcaster | prev. Juicebox, Nouns, RAW DAO | casting about coffee, hi-fi, and other rabbit holes

fair point, i’d take the side that COIN is undervalued here

the stablecoin adoption curve is just going to do a J curve now from the looks of it

design engineer | everything is experimental |
a decade+ of consumer products | farcaster godview: /intelligent | self exploration: /tanishq

current contract is in place until 2029 I believe, but this may change in the future. seems natural that they might negotiate a better set of terms with e.g. robinhood

yeah, most likely 

does COIN get CRCL’s revenue in perpetuity? how is the deal structured? i had assumed they shared revenue when coinbase was the channel

I think COIN has lots of room to run soon, so could understand a CRCL bull case on that premise. personally I’d be buying COIN here though because the CRCL ratio just looks ridiculous on paper 😂

the one thing CRCL really has going for it though is that it’s basically the only way to get stablecoin exposure. that’s powerful.

overall would bet on the next two quarters tending towards bullish and irrational, so probably best to ignore P/E ratios for awhile.