[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![kapursanat Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::201162820.png) Sanat [@kapursanat](/creator/twitter/kapursanat) on x 6528 followers
Created: 2025-07-17 22:03:21 UTC

the trade of 2025-26 is raiding L1/L2 treasuries

for example:

- go buy random web X ip for $20mn (e.g. neopets)
- run bidding competition between fat chain treasuries 
- bid settles at $100mn
- $$
- launch neopets on chain X
- nobody ever uses neopets on chain X [this is key]


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945967587277283445/c:line.svg)

**Related Topics**
[$100mn](/topic/$100mn)
[$20mn](/topic/$20mn)

[Post Link](https://x.com/kapursanat/status/1945967587277283445)