updated thesis: pure meme play solana:5tCju6YNxHq5zrA6tGndr6F7TK42mpUFmeE31cSFpump yesterday elon posted that if they want to live by the sword, that is how they will die too a fan answered with a clip. a knight in full armor raises a giant sword, and in front of him a kitten holds up a sword of its own. "what you gonna do with me?" today elon put a heart on it. the most followed account on x, 241M followers, picked the cat swordcat is a pure meme with no team and no roadmap. the wallet that launched it holds zero tokens and pump sends the creator fee from every trade to the holders. the only validation a meme like this can get is attention, and today it got the biggest there is the cat was viral before the coin. "me at work" did 1.2M views from an account with 1,578 followers and beeple posted "we are all swordcat". a holder built it a game on oct 13 i wrote that most of crypto is pvp now and a viral meme can still be pve. pve means the next buyer comes from outside crypto, someone who laughed at the cat before seeing a chart. elon just showed the cat to the biggest crowd outside crypto the coin went from $1.27M to $2.19M in the minute of the heart and closed higher three hours later, on a day when solana memes lost 6% elon's attention has moved memes before. when he renamed his account kekius maximus on new year's eve 2024, the coin with that name went from about $12M to $380M scenarios from $2.1M: - base: back to its october top, $4.6M, 2x - upside: it becomes this cycle's cat and trades where popcat and mew sit today, after losing 96 to 98% from their tops. $42M, 20x - bear: zero, lose it all at the top of the last cycle popcat was worth $2B and mew $1.1B i sold some on the way down and bought back today. the thesis never changed lock in we are all swordcat