Easy says memecoins are starting to catch attention again on Solana. “Ansem pulled up and said that he bought a few memes on Solana for the first time in over a year” “Very, very interesting to see.” “I don’t think memes are ever going to go anywhere.” “They’re going to continue to have their day and continue their moves.” With runners starting to reappear, it feels like attention is slowly cycling back into that part of the market.

🚨 Easy reveals how much of your portfolio you should risk when learning perps: “Keep it to like 10% at the absolute most.” “If you have a 10k portfolio, $1,000 at the max.” “Be aware there’s a good chance you’re going to lose that $1,000.” Perps are ruthless, and most beginners underestimate how difficult they are. “Trade with the number you’re comfortable losing.” The goal isn’t getting rich on your first account. It’s surviving long enough to find a system that works.

What’s the hardest adjustment when moving from spot trading to perps? “Risk management.” Easy explains that in spot markets, you can survive massive drawdowns if your conviction remains intact. “You can take an 80% drawdown.” The problem with perps is that being right isn’t enough. “On leverage, you get liquidated. You lose all the money even if directionally you’re right.” That’s why understanding leverage, margin and liquidation risk becomes far more important than simply having a good thesis.

When markets get weak, should you buy the strongest assets... or avoid them? “HYPE was doing whatever it wanted while Bitcoin was going down.” While most of the market struggled, HYPE kept showing strength. But when conditions worsen, the strongest assets can become the easiest source of liquidity. “If people lose money, they might sell their winners first.” In other words, if traders need cash, HYPE could be one of the first positions they trim. “But also, people have been waiting to buy HYPE.” Despite the recent pullback, the broader thesis may still be intact. “I think HYPE itself is decoupled.” The question now: “What's more likely?” “People sell their Bitcoin to buy HYPE... or people sell their HYPE to buy Bitcoin?”

Taiki says Bitcoin's recent weakness could be tied to one person... Michael Saylor. “I made some bets on Polymarket that he was going to sell Bitcoin.” “That ended up being right.” The problem? “He only sold like 2% of Bitcoin.” “Which was kind of the worst of both worlds.” The market started pricing in the possibility of more selling... but nobody knows exactly what comes next. “People are afraid of Saylor selling.” “So once Saylor says, okay, now we have enough...” That uncertainty is what he believes has been weighing on Bitcoin recently. “If and when he announces it next week, I think that's going to be a catalyst for a bottom.”

What does forcing trades actually look like? Bruce says it usually starts when you stop following the rules that made you money in the first place. “If you're buying things that you normally wouldn't.” Another sign is suddenly increasing your size after losses and trying to force your way back to breakeven. “When you're overtrading, you're just trying to grind your way out of a hole.”

Why is Uniswap V4 such a big deal? “V4 is the App Store for swaps and trading.” “Uniswap spent the better half of 7–8 years building the best decentralized exchange infrastructure.” The idea is that Uniswap already solved the core problem of onchain trading "token goes in, token goes out.” “It wasn't until the App Store that the iPhone became a massive ecosystem.” “That’s what V4 is.” Instead of just being a place to swap tokens, V4 lets developers build entirely new products and experiences on top of Uniswap's trading infrastructure.

What if buying a token automatically made you a liquidity provider? Last week, PRISM introduced an idea that combines token ownership and liquidity provision into a single action. “What if every single token that is bought is also a liquidity position?” “Right now... liquidity pools and holding tokens are kind of separate.” Instead of manually depositing into a pool, buying the token would automatically create an LP position and return it as an NFT. “All you need to do is buy this token and you're actually receiving LPs.” “You're actually benefiting from the upside of volatility and people trading in and out of PRISM.”

What's the long-term vision for fomo? “fomo is a trading app, but the social is kind of what keeps it sticky.” “Right now we're positioned as hopefully one of the best places to trade onchain... but there's still a lot for us to improve on.” “We want this to be one of the biggest social media platforms in the world, not just one of the biggest trading apps.” “You can discuss your trade ideas, your investment theses, and see what other people are doing in real time.” “That's what allows for a lot of transparency, which I think is the ethos of crypto.”