I'll admit I wrote off $ONE after the bridge hack. Then the 4B mint hit and I called it dead.
But sunsetting the L1 for an ERC-20 migration changes the math. Exploit supply already dumped. $35M cap, Q4 catalyst.
I'm DCAing spot into 0.0021–0.0023. Targets 0.0033 and 0.0052 (AVL). Invalid below 0.0019.
After a 5x in two weeks, I'm not chasing. $ONE is a risky restructuring bet.
Is the Ethereum move a real reset, or just exit liquidity?
#EarningsSeason
But sunsetting the L1 for an ERC-20 migration changes the math. Exploit supply already dumped. $35M cap, Q4 catalyst.
I'm DCAing spot into 0.0021–0.0023. Targets 0.0033 and 0.0052 (AVL). Invalid below 0.0019.
After a 5x in two weeks, I'm not chasing. $ONE is a risky restructuring bet.
Is the Ethereum move a real reset, or just exit liquidity?
#EarningsSeason
