What is the bull case for your bags?

I don’t want to hear copium like “it’s got the best tech and people just don’t know about it yet”. At least if you’re going to go that route, be specific about what part of the tech is going to be utilized and what specific market segments will be utilizing it and why. It could even just be a hunch on a specific narrative taking off, as long as you have a good reason to ascribe that narrative momentum to whatever chain you’re talking about.

You can specify short term or long term, either is fine, just don’t list only the ticker, at least make an attempt to show you have some good reason for being a bagholder.

For my bags it’s kind of obvious, as they’re all doing well(price-wise, but also strong growth in relevant metrics), so it’s mostly just a continuation of what’s already happening, but I’m curious to see what you guys think will change with other projects.

ETH – DATs, L2 growth(maybe consolidation but overall net growth), basically just keeps doing what it’s already doing.

SOL – Continued high onchain activity driven by memes and also propAMMs giving better execution on highly liquid trades, further DAT adoption, ETF acceptance, high RWA activity(not just tokenizing for tokenization’s sake, but actually trading them, like stocks, pokemon cards, etc)

HYPE – people keep trading on Hyperliquid, it keeps making millions in fees every day and buying back HYPE with it. Kind of a no-brainer. Spot trading and HyperEVM should also be relatively small catalysts.

BONK/PENGU – Both have good sentiment and active teams supporting it. Pudgy Penguins have great brand visibility outside of crypto and support from Abstract within crypto. Bonk has great brand visibility inside crypto and various initatives that help with tokenomics. Neither are very highly valued compared to things like DOGE or SHIB.

AERO – Coinbase keeps funneling activity from the exchange to Base which benefits the leading DEX there.

RSC – Just a lotto ticket on the DeSCI narrative. Also founded by Brian Armstrong and still only ~$60m market cap. FDV is ~$500m but tokenomics are thoughtfully designed not to flood the market with unlocks.