Shooting for the stars is a lifestyle and life is good ✨
Degen $HOSICO Thoughts Vol. 6 (degens hate reading)
A quick post as Hosico heads into another week after just having passed 100 days old - there's countless reasons to be bullish
- Yet again, $HOISCO is proving staying power, pushing through considerable FUD itself, and for the broader Bonk Ecosystem. The market has been meh, the ecosystem broadly took a major hit. Yet $HOSICO has bottomed and is climbing back nicely
- $hosicoSOL, an LST which gives holders $SOL exposure that pays out $HOSICO from $SOL yield (buy pressure on $HOSICO), has launched and is quickly growing. Countless DeFi integrations are in the works which virtually no memes have apart from $BONK, $POPCAT, $WIF. This will increase exposure to Hosico and deepen liquidity considerably, allowing even whales to enter/exit smoothly, as well as enable holders to hold longer by lending, etc.
- Hosico has moved onto the OFT standard with help from @LayerZero_Core & @GlueNet. Which is imperative to have to efficiently move across chains + further increases exposure to $HOSICO to users on those chains / outside of Solana
- The LP/DLMM is looking far healthier, with resistance/support far closer to parity at these levels. As we move up, resistance will then move to support, assuming all else stays equal (no add/remove liq). This should make it easier to move up
- $HOSICO now has an incredible Market Maker who will be able to help the support far more as we move up. MMs aren't magic like many think they are, it takes time for them to establish and to paint the chart. The drawdown puts everyone in a much better position to move up and stay up, preventing as aggressive of drawdowns
- @Hosico_on_sol now has a Chinese intern who will be increasing exposure to that market and is doing an incredible job thus far
- The Order of the Star-Child (community) is at the strongest it has ever been even after a large drawdown
- Most all tourists and those who are impatient left on this last drawdown. No shame in selling but shaking this weight allows us to be lighter on the move up
- @theunipcs will be doing an AMA on Reddit this week, which is a brilliant move, and wonderful for others outside of CT to be exposed to the Bonk Ecosystem. Hosico might have something up its sleeve for Reddit. Time to grow The Order of the Star-Child further
- Countless other things in the works with varying degrees of bullishness
Jobs not done. Far from it. But all of these things and more lead me to be more bullish on $HOSICO than I've ever been
Shoot for the stars now or shoot for the stars higher ✨
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