Kalshi v. Polymarket - who was the SP Episode about?I've been watching the Kalshi v Polymarket South Park saga unfold over the last 16 hours."Who was the episode actually about?" is the raging debate between supporters on all sides.Read below to see what I found...________________________________________For me the interesting thing is to figure out what was *reality* and what is pure *narrative* - because I think that matters a lot. Narrative has its place, but it's most valuable when it tracks with reality ...

👀 Behind every pump is a story. What’s the next #narrative driving #crypto? ...

Market Performance of USELESS Memecoin - USELESS demonstrated resilience by rapidly recovering from a 15% price crash caused by a large sell-off, with the price quickly rebounding to pre-sell levels [1] - The memecoin experienced a surge in new holders who absorbed significant sell-offs, indicating growing market interest and support [1] - USELESS reached a new All-Time High (ATH) shortly after a post that some perceived as negative, suggesting strong underlying momentum [1] - USELESS has shown stronger performance compared to other major memecoins during a market downturn, highlighting its relative strength [1] Community and Narrative - USELESS's success is attributed to a strong and appealing narrative, attracting significant attention from investors and market participants [1] - The project's narrative is considered more compelling than other memecoins, contributing to its relative success and stickiness [1] - The author emphasizes that their involvement is not the sole driver of USELESS's success, indicating a broader community and narrative-driven momentum [1] Investment Strategy and Transparency - The author clarifies they have not sold any USELESS tokens and intend to hold until the project achieves significant milestones, such as clear PVE (Player Versus Environment) and a billion-dollar market capitalization [1] - The author disclosed a leveraged long position on USELESS, opened around a $40 million market cap, with over 1,000% gains, but plans to rotate it into spot holdings due to high funding costs [2] - The author suggests a Dollar-Cost Averaging (DCA) approach for new investors who believe in the narrative, rather than attempting to time the market [1] Future Development - The team is actively engaged with several T0/T1 Centralized Exchanges (CEXs) for potential listings, with the author willing to contribute tokens to support these listings [1]