Still sleeping on one of this cycle's biggest opportunities? It’s honestly fascinating how CT and all the degens keep blindly chasing every trend and hyping every airdrop they can get their hands on, only to farm them into oblivion. Yet there’s one ecosystem that’s still being massively overlooked, which in my opinion is exactly where the real alpha lies right now: @AbstractChain I don’t want to sound like a broken record with another “don’t fade Luca” take, but seriously, how the fck are you fading @LucaNetz? In crypto, and especially in this bull market, attention is everything. It’s the ultimate currency. And Luca has already proven multiple times that he’s by far the best marketer this industry has ever seen. Whenever he decides to turn the spotlight on, the entire space listens. And we all know his favorite timing: Q4 mania, with the grand finale and fireworks at the end of the year. $PENGU around the end of last year turned into a multi-billion USD airdrop for the community, and I expect the $ABS TGE to be no different. Here are, in my view, the best ways to position yourself for it: 1) Hold @pudgypenguins & @LilPudgys NFTs Pretty obvious, but Luca has said multiple times that if you want exposure to the mother company Igloo, you should hold the NFTs. This is his hyper-loyal army and he’s consistently rewarded that loyalty. Last year, each Pudgy NFT received a $PENGU airdrop worth over $70K, and I honestly wouldn’t be surprised if this year’s outcome is similar. 2) Hold $NOOT / Abstract memecoins Luca has emphasized that Abstract will be a consumer-focused and fun ecosystem, and he wants to kick off a memecoin season bigger than anything we’ve seen before. He’s also publicly shown strong support for @nootonabstract and @archercrypto11, calling them the “ $BONK of Abstract”, which is a pretty big statement. Memecoins will clearly play a huge role here, and with recent dips, $NOOT looks like a no-brainer entry if you believe it’ll be included in the airdrop. 3) $PUDGYSTR by @token_works This one’s flying under most people’s radar. $PUDGYSTR has retraced quite a bit, currently trading around a $5M FDV while holding 45 Pudgy Penguins worth almost $2M. Once Abstract launch hype kicks in, I expect $PUDGYSTR to gain serious momentum again. It’s essentially a leveraged play on Abstract, and given their holdings, they’ll likely receive one of the largest $ABS airdrops, which could either be redistributed to the community or used for buybacks and burns. Most of you might wonder why I didn’t include $PENGU. Of course, that’s an obvious one too, but given its high FDV, the airdrop ratio per dollar just looks less attractive. That’s why I believe the strategies above offer more asymmetric opportunities. Whichever strategy you think is best, one thing is certain: You’d better have a strategy at all. Because once the hype engine kicks back in and your timeline is flooded again with Penguins and the green chain, the current entries for these plays will look like a steal in hindsight. End of the year is coming fast, just saying.
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