Kimi is out of GPUs, My PumpFun Thesis, and Critical Market Analysis

Summary

Thread Guy reviews the AI market impact from Kimi's K3 model launch, which challenges US AI dominance but reinforces demand for compute, benefiting GPU providers like Nvidia. He then discusses his bullish setups in crypto, particularly Pump.fun and Zcash, citing strong fee and volume data and dedicated user bases, and expresses optimism on Bitcoin amid a potential rotation from equities.

• Kimi K3 model benchmarks above US frontier models, triggering semi and memory selloff but highlighting insatiable AI compute demand.
• Nvidia and capex beneficiaries seen as long-term winners as all major AI labs face capacity constraints.
• Thread Guy outlines a bullish thesis on Pump.fun token, emphasizing robust DEX volumes and fees despite an 80% price decline.
• Zcash is favored due to a loyal, influential buyer base independent of broader altcoin trends.
• Bitcoin is viewed positively as a potential beneficiary if stock market gains stall, driving interest back to crypto.
• He reflects on a missed AMC trade where dilution ruined a strong fundamental thesis, but no current position.