
Welcome to the 15th version of the Degen PRO Report.
Special Note from LG: We’re making a small change to the newsletters, and removing the Monday edition. There’s tons of alpha out there and it’s hard to focus on the winners when we’re spread across three weekly editions. Going forward, Milk Road Degen will publish a Wednesday edition and a Friday PRO report. Thanks for reading!
It’s a good time to get some sleep, degen.
I mean it.
Even though the bull is still alive for Q4 (and likely Q1 too), there’s nothing wrong with a little pause in the action. You could call this the 7th-inning stretch of the cycle.
Go outside. Touch some grass (or dead leaves, if you live where I do).
See grandma. Fix that lightbulb. Cook something (for once).
Might as well get your holiday shopping done while you can - everything’s on sale anyway. 😉
Because when the bull returns, it’s going to be fast and furious to close out the year. You want to be ready.
Let’s get into this week’s report.
🧠 VIBECHECK
Never seen a week like this in crypto.
One morning we’re up and feeling invincible. That afternoon, everything’s nuked and $100K $BTC is “inevitable”. Then repeat. Every. Single. Day.
But going into this weekend, there’s still optimism in the air. “Uptober” hasn't delivered, but “Moonvember” is right around the corner.
Even if we dip to $100K - or hell, even $80K - there’s way less doubt now that the bull market continues. After enough chop, perspective shifts.
Dropping to $110K used to feel like the end of the world. Now I’m just happy when we hover there instead of $105K.
And choppy times like these? They breed opportunity. I love this basic graph below - it applies on all timeframes.
We’re not at maximum opportunity, but there’s definitely more upside on established projects than there was a few weeks ago. Just requires sharper entries and better discipline.

📚 WEEKLY RESEARCH
MegaETH presale: Yes, you should ape
We finally got details this week: the MegaETH token sale is happening October 27th, with 5% of supply sold to the public via an English auction.
Here’s how it works:
- Everyone bids on their desired price, from $0.0001 to $0.0999 ($1M-$999M FDV). Traders who bid above the average bid price get tokens. Those below don’t.
- The higher you bid above average, the more tokens you receive. Individual caps: min $2,650, max $186,282.
- If fully maxed, it would imply a $1B valuation, which is unlikely. The token currently trades around a $5B FDV on Hyperliquid premarket, so even the people bidding the highest end will likely 5x their money.
- Here’s a very good breakdown from Route2Fi, with some assumptions on wallet selection (important!) and oversubscription.
How to do it: Register here and KYC. Register your oldest EVM wallet to boost your chances of priority access.
Meteora: Is the token undervalued?
$MET launched this week - right in the middle of a brutal market. The token cratered to $0.5, putting it well below the $1B FDV I predicted earlier this month.
That said, I think this is one of the most undervalued drops of the year.
Meteora remains one of Solana’s best-built and most legitimate platforms, and it’s expanding aggressively.
The team just announced Presale Vaults which will attract teams to raise capital directly through their liquidity layer.
Essentially, they’re evolving into a launchpad with better incentives and a cleaner reputation than Pump.
If Solana revisits ATHs, I could easily see $MET blasting back into the billions. So I’m holding my airdrop tightly for now.

Neobank meta: is it real?
I had a whole newsletter drafted about crypto Neobanks - and then I scrapped it.
It’s a solid concept, but right now there are too many projects, too little differentiation, and too many that have already pumped.
This isn’t like the Privacy meta, where everything mooned together for a week or two.
A “Neobank” in crypto is loosely defined - it’s basically any crypto platform with a card or payment product. CoinGecko’s new Neobank category only lists four tickers.
So for now, I’m going to compress my Neobank picks into just this section of the newsletter, and rank them from a degen / upside perspective.
- $ETHFI. Now dipped under $1, you can read more about it in Martin’s report from last week. He calls it the top crypto neobank and I don’t disagree.
Uh-oh, the rest of this report is for Degen PRO and All Access Members only.
Already a Degen PRO or PRO All Access member? Log in here.
WHAT’S LEFT INSIDE? 👀
- 2 more Neobank tokens you haven’t seen yet
- Polymarket bets with big upside odds
- What’s next on the radar before the bull wakes up
Upgrade your subscription today to unlock access to all of the milky insights above, PLUS:
- 🧠 LG’s full trade diary — every buy, sell, and rug
- 📈 Real-time buy/sell signals in discord
- 🎤 Twice-monthly AMAs with LG
- 🧪 Access to the upcoming Degen Portfolio Tracker & Token Screener
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ROADIE REVIEW OF THE WEEK:





