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The $Rekt Thesis
Power of community + culture.
A strong Memecoin should have an easily graspable concept that hooks people into joining its movement.
My two biggest bets in this sector are $Pengu and $Rekt.
What Luca is to the Pudgy / $Pengu ecosystem, @osf_rekt632 is to Rekt. He gave away equity in @RektBrands, distributed $Rekt tokens, and offered free Rektguy NFT mints, fostering a dedicated following.
Partnerships with platforms like @JupiterExchange, @opensea, and @AbstractChain highlight its potential.
In crypto, getting "rekt" is a rite of passage, symbolizing lessons learned to grow stronger, which aligns with $Rekt's bold branding and recognizable logo.
Currently at a $395m market cap, I see potential for significant growth in this bull run.
Beyond hype, $Rekt generates real revenue through its business ventures, from high-value art sales to sold out drinks.
In essence, $Rekt represents a thriving crypto culture with a robust community and a proven track record of success, making it a compelling investment at its current market cap.
Shoutout to @mooncat2878 and @cryptoleon_xyz for calling this early and reminding me to buy in again and again.
Buy in now, or risk getting rekt later.