High conviction due to co-founder Brian Armstrong's involvement; typically one of the first tokens to pump in a market recovery.

Cited as a case study for its performance between Oct 2024 and Jan 2025, when it ran from $0.20 to a peak of $1.48, illustrating the potential speed of gains during a favorable macro environment.

The speaker views this as a 'stupid, obvious buy' due to its small $36 million market cap, a powerful narrative (Coinbase CEO's project), and a real-world use case with a built-in buying mechanism.

The primary investment factor is its co-founder, Coinbase CEO Brian Armstrong, which creates a simple, 'sticky narrative' for retail investors. It was also recently listed on Coinbase, increasing accessibility.