I’m in absolute shambles watching $TOPIA circle the drain.
Not because I’m scared but because I’m flat-out broke. I’ve already pushed all my chips into the center on this project, even some chips I should’ve kept for taxes – whoops!
But yeah.
It’s killing me not to be able to back up a flatbed Chevy and load up as much $TOPIA as I can for just over a freaking penny.
I know, right?
I’m as shocked as you are that that’s not a typo.
$TOPIA’s trading at $0.011 right now, with a dinky little market cap of $11.2 million.
And what about sentiment?
Well, after eight months of $TOPIA price action resembling a slinky lazily dragging itself down the stairs – one painful step at a time – sentiment is, unsurprisingly, in the toilet.
Not just any toilet, but a gas station toilet that’s been barfed in and pissed all over by teenagers and truckers.
OGs who’ve been around since the NFT Worlds days are either radio silent on X or, after years of unwavering support, have finally capitulated, now using their tweets to FUD the project.
KOLs either ignore HYCHAIN in their crypto gaming tier lists or rank us way lower than we’d like.
For example, CryptoStache recently put HYCHAIN in the C tier, just above REKT.
Here’s some of his commentary:
“Never really been a big fan of this project, and I don’t really see it doing much more here going forward,” CryptoStache said.
“I think they got a lot of money for their node sales, and I don’t know that they’ve really delivered much,” he continued.
“I’m not super bearish on them, but I’m definitely not bullish either.”
Ouch.
What’s next, he’s gonna tell me I was adopted?
It stings when an “expert” is so disinterested and even skeptical about the legitimacy and future potential of a project you’re convinced is about to moon – especially when you’ve bet every spare dollar you have on it.
But his critique was mostly fair, and you’ve got to take these things with a grain of salt, factoring in incentives, bag bias, and all that.
One thing I really respect about ArkDev and Temptranquil is they don’t follow the typical crypto playbook of cozying up to influencers like Alex Becker or anyone with a massive YouTube following.
They’re not handing out tokens or consulting fees in exchange for an S-tier ranking.
Yeah, it hurts us in the short term, but when $TOPIA does go up, it’s because the product is actually incredible, not because EllioTrades hyped it to his 634k subscribers as exit liquidity.
Nonetheless, you’re probably thinking:
I gotta be a little concerned, right?
Not really.
Even though $TOPIA’s down almost 91% from it’s all-time high and the sentiment smells like a state fair porta potty, I’m still bullish.
Fact is, when Bitcoin bleeds, alts bleed more.
Especially projects with inflationary tokens like $TOPIA, where node operators and world holders are constantly earning tokens, but there’s no live game yet to create sinks and balance out the supply.
But that’s about to change with Loot Legends, which is set to launch their play-to-airdrop campaign and open to the public later this month.
The feedback on Loot Legends so far is that it’s sticky like boysenberry syrup and could attract millions of players.
Some of them will buy in-game items using $TOPIA to snag a 30% discount, creating our first real, steady demand for the token – outside of speculators like you and me.
Next up is the HYTOPIA open beta, where $TOPIA will also be used in the marketplace, driving even more demand for the token.
On top of that, there are more HYCHAIN games in the pipeline.
Now, combine the rapidly growing utility of the token with rate cuts, money printing, a likely Trump win, and the four-year cycle pointing to Q4 of this year and all of next year being banana zone-bound.
And what do you get?
Perfect timing and conditions for a parabolic $TOPIA run.
Unless, of course, Ark and Temp have hit some kind of roadblock behind the scenes.
I will say, they’ve been ghosts on X lately, which I kinda understand – there’s really nothing to say until they build, ship, and get something live.
And whenever they share updates outside of Discord, the reply guys talk shit to vent about their dwindling $TOPIA stack.
So yeah. I get it.
Builders build.
I just wish I had another $100k to acquire more $TOPIA here, which I’m convinced will be worth 100X more a year from now.
My best advice? Don’t let tax season hit you like a truck. Even swapping from one crypto to another is taxable, and the IRS is watching. Read my CoinLedger review and get organized before it’s too late.