Been thinking a lot about $BATON lately and why I still have so much conviction in it. For me, it really comes down to a few things. First, I think $PUMP has a legitimate shot at becoming one of the biggest alts of this cycle. And if that happens, I find it hard to believe the ecosystem around it won't attract significant attention. Second, $BATON has something that no future Pump-paired token can take away from it. It was first. That might sound insignificant now, but in crypto, being the original token associated with an emerging narrative can carry a lot of weight. Third, I think people are underestimating what it actually means to be paired with $PUMP rather than SOL. You're not just speculating on another meme. You're getting exposure to a token whose trading ecosystem is directly connected to the altcoin you're bullish on. That relationship creates a very different narrative, even if it doesn't guarantee price appreciation. Fourth, every new Pump-paired token that launches brings more attention to the category itself. And when people start exploring a new category, one of the first things they tend to look for is the original. Then there's the community. I've watched people continue showing up, creating content, building relationships and supporting the project through periods when there was very little excitement in the market. That's something I value far more than a few days of impressive price action. I also think there's a bigger point people are missing. You don't necessarily need to predict every new narrative if you've already identified one that could become much larger over time. Like I said yesterday, I've made the mistake of constantly rotating between tickers, trying to catch every move, only to realize that sometimes I was better off sticking with my original thesis. Of course, being first doesn't automatically make something the winner. The market still has to recognize that value, and the community has to keep delivering. But when I look at the combination of $PUMP's potential, $BATON's position as the first paired token, and the community that's forming around it, I still see a very compelling opportunity. My thesis has never been that $BATON needs to outperform every new ticker tomorrow. It's that the entire Pump-paired category could become significantly more relevant, and $BATON is uniquely positioned within it. That's what I'm betting on. And I think we're still early in seeing how this narrative develops.