Fascinating price action in the Solana ecosystem.
Infinite bids on coins that are Kyle aligned.
For protocols that siloed themselves, were too small, played PvP games, or squashed or acquired competitors — no infinite bids.
We’re entering into a more opaque onchain economy where the average person cannot simply bet based on fundamentals, they must know the alignment of the protocol with big monied actors.
Every day we take another step towards recreating Wall Street.
Correlation may not be causation, perhaps I’m just speculating, NFA, DYOR, noticing, etc.
> Kyle raises 1.5B
> Says "I will put money into SOL DeFi"
> I buy more KMNO
> Hits ATM for 4B
KMNO up 53% on the week
literally the easiest long, probably of all time
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