
Digital Slowmad newsletter
24 January 2025
Crypto portfolio update
Exposure: 87.3%
Net return: 629.1%
Comments: The Friday night before Donald Trump's inauguration, he suddenly launched a memecoin - or more specifically, a celebcoin - in his name: $TRUMP.
Within the first 12 hours, trading volumes were at an unprecedented $2.2 billion as the price shot up 9,500%.
People immediately started debating about the significance of this but the on-chain data tells its own story:

I don't think anyone disagrees this was a huge onboarding event; It was covered in major news outlets after all.
The problem is that most of these retail buyers will end up losing money which would reflect poorly on both the President and the industry... but that's an issue for later on, during the next bear market.
So from the perspective of a world citizen and crypto enthusiast, I can only shake my head.
But from the perspective of a speculator looking to 'make it' this year, I'm glad Trump is bringing attention to the industry.
As the saying goes:
The pessimist complains about the wind.
The optimist expects it to change.
The realist adjusts the sails.
Love it or hate it, this is the reality we face with Donald Trump in the Oval Office.
We can either whine about it, or adapt to the situation and grow our bags.
Current allocation:

Details available in private group
💨 Fartstrategy
About a month ago I wrote about Fartcoin when the market cap was $1B.

Since then, my expectation has come to pass; Fartcoin flipped WIF and I believe the trend will continue.
To that end, the latest addition to the Fartcoin lore came with the launch of FartStrategy two days ago.

This is a hilarious take on MicroStrategy with one major difference; Instead of stockpiling Bitcoin they stockpile Fartcoin.
I don't think anyone expects this project to last but if Fartcoin becomes a Top 3 memecoin by the end of this cycle (and there's a reasonable chance it could) the FSTR token should do well as a "leveraged bet" on it.
It's currently trading at $35M and is, in my opinion, worth looking into.

Admin update
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🏴☠️ Black Sails
A highly underrated series that didn't get the recognition it deserves.
I just watched it for the second time and loved it even more than than the first.
If you like Game of Thrones and are a fan of good writing/dialogue, give this a shot.
Quote of the week

Thanks for reading, and have a great weekend.
Cheers,
Slowmad

P.S. If you have any questions or feedback, let me know at: chris[at]digitalslowmad[dot]com
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