0xkyle

The 0-to-1 Inflection Point

Mantle ($MNT) presents a compelling asymmetric opportunity as it transitions from a token loosely associated with Bybit to a utility-integrated, exchange-owned token—a genuine 0-to-1 moment. The investment thesis centers on MNT's positioning at a critical inflection point analogous to BNB's early utility integration with Binance, with several structural advantages that suggest significant revaluation potential.

Key Investment Drivers:

First things first - some disclaimers:

1. I hold CARDS.
2. THIS ARTICLE WAS STARTED WHEN CARDS WAS ON ITS FIRST DRAWDOWN AT 0.1547. I AM POSTING THIS AT ATH LMFAOOOOO. But on a serious note, I didn’t try to time the price, my priorities is to just get this piece out. Make your own decisions, just take this piece for information
3. This is not financial advice. Investments in any products, services, tokens or projects involve the risk of loss. Past performance is not guarantee of future results.

And some credits:

Market Overview

(+) Pokemon cards growing exponentially in interest once again. this is clearly not one off trend. NFTs were one off, but for something to resurge, it indicates something of substance & structure

Disclaimer: This article was originally created for Artemis Research and is intended for informational purposes only, not as a trade recommendation. With permission from @MapleLeafCap, I am sharing this here because I believe it offers valuable insights into Raydium's activities. I have put it under a “Long” on the platform because I cannot post it without indicating a position but once again, it is not meant to be taken as financial advice.

Another reason why this cannot be taken as financial advice is because Raydium is up 80% since I started writing this article @ $1.8. Contrary to popular belief, assets should be bought low, not high. This piece thus only serves to inform, not to advice. I hope you enjoyed the time & effort I put into this.

Original Piece: https://www.artemis.xyz/research/raydium-king-of-solana-de-fi

TLDR:

• Shuffle trades at 52.9M MC / 314.3M FDMC (as of 1 Oct); Does 14bn volume and 100mm in revenue annualized; it’s trading at 0.5x earnings MC wise, and 3x earnings FDMC wise.
• It’s building a world-class product and onboarding at a massive pace (1 year since launch and has reached audiences worldwide) ; has an amazing growth story
• At the time of writing (0.38~) cents, it’s extremely undervalued with favourable tokenomics despite the massive FDV overhang; and has incredible PMF similar to the likes of Polymarket / Hyperliquid / Pumpdotfun as a product (Casino, Gambling)

Heralded as products with the most product market fit thus far, Polymarket, Hyperliquid and Pumpdotfun have taken the crypto world by storm as VCs and thought leaders relentlessly talk about how the trio are “the best products this cycle”. You don’t have to look far under the hood to see that they’re all united by one desire: Speculation.