I don’t really get this market. Moodeng and michi have equivalent mcaps, one would think that their odds here would reflect that?

my take on this:

-ze hippo has immense upside

-market isn’t that large and if it becomes mispriced/one of these starts running: liquidity will flow in + reprice

-super smooth brained take: Halloween is around the corner and only one of these will be a popular costume for kids (picked by parents)…

Yeah I guess my point was, this is basically a thesis for being bullish moodeng over michi (which is valid and I personally agree), but if the overall market has this thesis, then moodeng actual price would theoretically be bigger than michi which it isn’t

a question I’ve asked myself daily for the past week lol