Here’s a thesis that might just achieve that.
The Ethereum ecosystem has been somewhat redundant since 2023 where the rise of
$PEPE to $10b fueled onchain activity.
Since then, the billion plus runners have been on other chains mostly Solana, yet really to hit BNB.
The top performers have often had an influential figure at their helm or a notable price cheerleader e.g. Murad and SPX. Everyone on the TL since the liquidation event is calling for $5k Ethereum, the most hated rally?
This may light the spark for the emergence of onchain activity for Ethereum. Q4 also sees the Fusaka hard fork - increasing scalability & lowering costs.
My thesis for the past couple years has been that Ethereum still needs its builders and envangelists that really made us Kings last cycle. People like
@RyoshiResearch who really created the meme segment of the market we see today but with values of decentralization and empowerment of communities (almost like CTOs in today’s market).
Divine timing;
Only god knows when and if Ryoshi returns, but it’s our job as market participants to be speculators. I truly believe people are in search of safe havens and narratives, often supported by key figureheads in this heavily diluted market. Who better than the person that changed the industry with Shiba?
Now Shiba’s downfall has been quite the story since the departure of its Founder, straying from its initial principles. Not to say that should Ryoshi reappear that some of the Shiba whales wouldn’t twap in a heartbeat to something with new blood, a lifeline.
The bet;
Read about
@OsakaProtocol and you may just find perhaps this was the plan all along. To reward those that missed Shiba and to go back to the principles that once made Shiba what it was. Remember the idea for Shib was conceived at Devcon V Osaka…..
The Shiba deployer holds 50% of tokens. A burn would mean a few things, Ryoshi is back causing headlines around the world and the support of
$OSAK would cause a liquidity blackhole.
Osaka has the exact same supply and contract as Shiba, meaning any normie holding Shib would probaby see that they can get more OSAK coins for their money.
I believe there’s a series of events that if played out would mean Osaka Protocol flips Shiba Inu, it becomes a self fulfilling prophecy.
Current mcap of
$OSAK is $27m at time of writing,
$SHIB is $6.1b.
Remember
@GCRClassic post about how we made a prediction about Shiba in 2020?
Shiba is to Doge as Osak is to Shiba
And Shiba did indeed flip Doge in the end.
Regards
Morgz.
if i have $7300 left in crypto, what do i buy at the bottom of the next dip to come out a millionaire
serious investors only, thank you