While markets keep nuking and our favorite coins are sent to the gulag, it's important to keep a clear mind and make rational decisions, like leverage longing to make it all back.

It hasn't been pretty, with $BTC down 35% in the past 45 days, and the fear & greed index basically at 0, it seems it's time to dust-off the McDonald's uniform, and hope for the best.

Enough doom posting though, what are we buying on this early black Friday sale? Well, theres 3 coins who will definitely be good "Value buys" when it comes to dip buying, and we will cover all 3 today.

Dip buying not your thing? Fine, what about a whole new coin, promising to be the next mega chain, solving all of the world's problem?

And if you still aren't interested, we'll just discuss the shopping spree Coinbase has been on, including the $25M podcast they bought as the ultimate top signal.

Let's dive in friends.

First of all, what's a value buy?

"A "value buy" in finance is an investment, typically a stock, that is purchased because it is believed to be trading below its intrinsic value."

Here we are breaking down 3 coins, each one has a different story, but share the same theme: a top protocol, with timeless usage, using buybacks to drive value.

Of course, we have to start with this.

HYPE is the token of Hyperliquid, the biggest decentralized perpetual exchange. This is as good as it gets for buyback-driven value: Hyperliquid pumps out $1.3B in annualised revenue, with ~97% of fees recycled into HYPE buybacks.

As of the latest reports, buybacks have exceeded $500 million and are estimated to have offset over 5.6% of circulating supply. Perp trading volume remains through the roof even after 10/10.

With $HYPE dropping below $30 for the first time since May, this definitely should be on your list.

Pump.fun, the poster child of memecoin hyper gambling.

They say the house always wins, and after looking at Pump's annualised revenue, I can say it's true.

Racking in a massive $1B a year, PUMP has spent $180 million+ on token repurchases, and supply has been cut by ~8-11% of circulation since Mid-July. The narrative is simple: strong buyback + supply reduction in a vibrant ecosystem = upside.

With price currently down 70% from ATHs, and well below ICO price, $PUMP definitely stands out.

Here's a less obvious coin but with great fundamentals which you definitely should look into:$DBR, DeBridge's baby.

DBR is the native token of deBridge Foundation, which is currently the best bridge in crypto. What makes DBR interesting in our case though, is the protocol's reserve fund, which channels 100% of protocol revenue into open-market DBR purchases.

While DeBridge "only" generates about $1M montly, DBR's modest $35M mcap means the buybacks have great impact, and supply is already shrinking.

A low cap when compared to $HYPE and $PUMP, but hard to fade when the product is that good.

Yes, another L2. I'm sorry guys, we're talking about it.

MegaETH exploded onto the scene this month with the confidence of a project that already thinks it’s the next major Ethereum scaling layer.

Let's give its CT diehard fans some credits: MegaETH ICO attracted more than $1.4 billion in total commitments, despite only selling $50 million worth of tokens. What's that, a 30x oversubscription?

Like every new L2, MegaETH is swinging for the fences. The team claims to deliver 10 ms latency and 20,000+ TPS, with ambitions for even higher throughput using a dual-client and stateless verification architecture.

If even a fraction of those performance metrics hold in real-world conditions, MegaETH could push the ceiling of what an Ethereum L2 can do. But again, that's exactly what the 20 last L2s promised.

Thing is, the same auction that showed huge demand also forced the token into an extremely high FDV. One that will require MegaETH to deliver flawless execution, and markets to stay afloat. Performance claims like “real-time blockchain,” and “10 ms latency” sound cool, but so far remain mostly theoretical.

There’s also the question of decentralization and security. Ultra-low latency often comes at the cost of network resilience or validator diversity, and MegaETH still hasn’t publicly clarified how it balances speed with trust-minimization.

We recently saw a lot of blockchain show their true colors when AWS went down, not so decentralised after all huh?

If MegaETH executes, it could become a flagship L2 for high-performance applications. If it falls short, it risks becoming another expensive experiment in the crowded world of Ethereum scaling.

For now, the only honest position is this: MegaETH is ambitious, and there's money to be made. Wether it's by riding the price to Valhalla, or shorting it to zero? Yyou decide.

Coinbase is on a shopping spree, and they’re not even pretending otherwise. In the span of a few weeks, they scooped up Cobie’s entire media + launch empire and then grabbed Vector, a Solana trading platform, like it was a side quest.

The protocol isn't even on Base guys, what are we doing here?

It started with Cobie. Coinbase dropped $25M in USDC to revive the UpOnly podcast (yes, they literally revived it using the NFT trigger), but that was just a publicity stunt.

What followed was a $375M acquisition of Echo, Cobie’s capital-formation platform. Echo wasn’t some tiny experiment either, it had already processed $200M across ~300 raises, and Coinbase's move came right at the ICO craze peak.

Then came Vector. If Echo gives Coinbase new projects to list, Vector gives them better ways to route those trades on Solana.

Coinbase is planning to plug that liquidity right into the app, letting normies tap into Solana markets without learning new wallets, bridges, or sacrificing their sanity. And best believe, Coinbase will be pocketing fees all along the way.

All of this stacks on top of Coinbase’s $2.9B Deribit acquisition earlier this year, meaning they now own a huge slice of derivatives, a huge slice of retail, a launchpad, and one of crypto’s biggest independent media voices.

Love them or hate them, Coinbase is assembling the Infinity stones of crypto infrastructure. It's nice to see some of the bigger CEXs re-investing into the crypto ecosystem as a whole.

At this pace, $BASE might just be the L2 that does it all, if they ever launch that damn token...

[All topics are meant to be educational only. None of it is financial advice, please do your own research.]