i picked up $EDEL here as i believe this will go higher, rotate to base
most people are distracted because the market feels bad. that’s usually when these setups form.
$EDEL is probably the only play that make sense in this market on base with huge catalysts: coinbase, testnet, tokenization, team background.
coinbase has been vocal about tokenized equities and base is their distribution layer. that value will overflow to tokenized projects on base.
@edeldotfinance is effectively the only pure-play on onchain lending + borrowing for tokenized stocks, and it’s already built on @base.
@game_for_one shared two near-term catalysts making this a clean setup:
• ~6h: testnet goes live
• ~3 days: coinbase tokenization event, with the spotlight on tokenized assets
@Overdose_AI is also aligned on $EDEL being the only token with real attention on base.
my conviction is further buillt upon @AltcoinPsycho thesis that the next 10x opportunity will be on tokenized stocks (institutional money)
so i believe it will be a high probable bull event trade considering that they have huge big liq (1.9M) and partnerships from some of the biggest RWA projects in the space.
that asymmetry is what makes this a high return trade.
also worth noting: edel just absorbed a coordinated fud and the v-shaped recovery is forming.
>> bigger picture into the coinbase narrative/push <<
other narratives being pushed:
– prediction markets; focus is on @Polymarket and @Kalshi and all other prediction market coins dont seem to be catching much attention in this dry market, there is just no volume, attention and liquidity there.
– creator coins; doesnt seem to be working out well after the @zora run, maybe @baseapp here looks interesting, but nothing right now that is signalling that its a leading narrative.
the problem is that both are fragmented. too many tokens, no clear market leader, people are showing shallow conviction.
edel is different. there’s no second-best option here. if people want tokenized equities exposure on base, flows converge. team is stacked with experiences.
also zoom out for a second and take a look at the tokenization landscape:
- @krakenfx acquiring @BackedFi
- @coinbase pushing tokenized stocks and major SYSTEM udpdate on 17dec
• @BlackRock seeding the narrative through tier-0 media
• @OndoFinance expanding jurisdictional approval
goes to show that we are only RWA infra positioned, trade with the narrative and not against.
i see a trade.
i see low downside risk.
i see a narrative that blackrock and jesse is pushing.
full focus on $EDEL.
still accumulating on weakness.
let’s see what monday gives us.
