Gm,

I see that some people are leaving this channel, which I understand since it hasn’t been very active lately.
Maybe some are even quitting crypto.

Yet I'm pretty happy about why this channel's not active.

It's mainly because I sold at good prices, avoiding this downside and bear market boredome, and I'm now waiting for better times instead of forcing activity and wasting everyone's time.

I'm still there, still researching and learning, but it makes no sense to share new projects and make trench calls in these conditions.

I’d rather wait for better opportunities to buy back on the way up than try to catch falling knives or get bored to death in endless chop.

Also I'm not in the trenches either since there are little to no good opportunities. Even when things do pump, they move maybe 10% of what they would in good market conditions.

In the past, I kept trading in markets like this. I bought shitcoins, chased every new launch, caught falling knives, and basically wasted both my time and capital.

This time I took profits on most of my bags, announced it here so you could do the same, and now I'm just sitting on stablecoins, farming some yield & airdrops, touching some grass, resetting mindset for 2026.

So yeah, I’ve been quiet, to reset and handle other businesses, and do things I usually don’t have time for.

I know some of you depend on this market to make money every month, but unless you’re really good at it, or just lucky, there’s little chance you’ll perform now compared to when the market picks up again.

Some will say you need to stay in crypto and glued to your screen every day to make it. That's not true for everyone.
It could be true if you're a trader, you might want to learn how to trade in all market conditions.
But for my strategy, as I'm not a perp trader, it's beneficial to step back when opportunities are just not there.

DEX Volume is at its lowest this year, CEX Volume too, DeFi TVL is low, activity on CT is low, even the Kaito campaigns seem to have stopped a bit and we don't see as much content.
All launches have been catastrophic events, ICO Season sucks.
Net flow to the ETFs have been negative for the past 2 months.

All of that while Gold & Silver are at ATH, same for equities (S&P, Nasdaq, Dow jones..) and many tech/AI stocks too.

Only crypto is lagging behind.
People are just tired.

Which could mean a major catch up in 2026. We'll see.

Anyway, for those staying in this channel, the alpha will be back soon!
I’ll be back to curating the latest news, projects, launches, airdrops, trends, and market thoughts; from X, TG groups, newsletters, and anywhere else alpha is found.

That will be for 2026.

I believe things will get interesting again in 2026. But right now, everyone is tired of this market.
I'm slowly buying back in, but starting very slow, waiting to see how January unfolds. Prices are still way lower than when I sold so I'm not in a hurry as I said many times. We're still in an endless chop.

Enjoy some time off with your family, the holidays, and the end of the year 🫡

Gm,

As I thought, as soon as we entered 2026 volume is back, memecoins are back, even trenches are back.

And we're already having a brand new narrative!

It's kinda hard to give a name to this narrative though but it's an AI/tech x vibecoding x Creator Economy Narrative.

Basically open-source AI founders, developers, and engineers are actively using crypto to boostrap & fund their projects. It's mainly happening on Solana, and the mechanism enabling that is creator-led tokenization via BagsApp.

So the edge is to find good devs, good founders, or big repo on github, that have a token on Bags to bootstrap their project.

However, it already topped a bit for now, if it doesn't catch up it means we're still in a rotation game and in very short-lived narratives, which would be quite bad news. It litterally lasted 24 hours. But I'm hoping for another leg.

People buy these tokens to bet on a developer’s popularity, while developers for most of these tokens don’t own tokens and instead earn royalty fees that fund expensive Claude compute and credits.

So the tokens are a bit like memecoins in a way that they have no utility for holders and are a bet on popularity & speculation.

If you wanna have a look at this narrative, most of it is happening on BagsApp a Solana Launchpad. It has even surpassed PumpFun in volume the past day.

Some of the biggest tokens of this narrative are:
• $GAS, experimental AI coding agent orchestration system, essentially an operating-system-like framework for running many AI coding assistants in parallel. By @ Steve_Yegge.
• $RALPH, a Claude plugin that turns frontier AI models into persistent, autonomous coding agents. By @ GeoffreyHuntley .
• $STARCRAFT, AI-agent use case, VC-backed and the dev is a crypto-native. 3D interfaces for AI. Visual AI. By @ dom_scholz.
• $CMEM, Biggest Claude Repo, a dedicated Claude Code plugin for automatic memory capture, AI compression (using Claude's own agent-sdk), semantic search, and context injection across sessions, solving the common pain point of Claude "forgetting" everything when a session restarts.
• $TERRA, to plant trees, funded by a Bags token. Backed by @ Yishan, former reddit CEO. Learn more about it (Not really a tech token but a Bags token).

But they're mostly all down bad in the past 24hrs. But it could be a good time for another leg.

Anyway, at least the trenches are making some volume, especially for sol, but even chinese memecoins on BNB are back.

PumpFun also recently made its best revenue since Oct 1st, showing volume is increasing for all memecoins.

NFA & DYOR of course, these tokens are high risk, degen & probably short lived. 🫡