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BTC is back at 100k, SOL has quickly risen to 170, yet the trenches feel drier than ever. There were days when SOL was 110 with more activity and excitement than this. What we are experiencing right now is the narrative drought. Any ideas that you think would be good to tokenize have probably already been tokenized, and the reason for this is that the rate of innovation in the world simply significantly lags behind the rate of tokenization. How can we counteract this? The Narrative Short. A hedge against the drought. It’s not just a reflection of the absence, it’s a trade on it. When there’s nothing left to hype and every story has run its course, this is the position you take. It’s a way to short sentiment itself, to bet against the next forced meta. Narratives will always decay, and when they do, The Narrative Short is what remains.