Conner got into Bitcoin in 2012 and fell for Ethereum in 2014 when he heard Vitalik Buterin pitch it at a Bitcoin Miami conference. He co-authored EIP-1559 — the fee-burn upgrade other chains later copied — ran the biggest Ethereum podcast of its era, and saw himself as an ETH maxi 'still a little bit in my blood.' What changed, he says, is the realization that capital fragmented across Solana, layer twos, and memecoins, and that he didn't need 100% of his portfolio in ETH to stay bullish on it. Now he holds roughly $2 million worth of BONER, the coin paired to Hims & Hers stock, and jokes that being 'the boner guy' is his reward for years in Ethereum: 'the end game for finance is the meme-ification of everything.'
Conner says he started sizing BONER around a 60K market cap — originally 200K, he corrected — and kept buying through an average near $1M cap, so his cost basis sits around a million. It pumped to roughly $8M, and he counts about 17,000 to 20,000 holders today. The wildest moment: on a Saturday night or Sunday morning, every one of the 25,000 HIMS shares then minted on chain got swallowed by the BONER/HIMS pool, and the HIMS share price jumped about 10X on Robinhood while Wall Street market makers slept, until someone woke one up and more shares were minted. On-chain HIMS shares are now around 80,000, with the BONER/HIMS pool holding about half — and BONER's daily trading volume has hit 12% of HIMS's own volume at a market cap of just 1.1% of the stock, whose float he pegs near 200 million shares.
Conner calls AI the biggest stock-paired meme, near a $300 million market cap and running from 50 to 250 million in the last week alone. He fumbled it at launch — someone sent him AI at a very small cap and he blew it off — then sized in around a $100M cap. Its stated goal, he says, is an actual board seat at Nvidia, and he argues each winning meme stock needs its own big goal: 'you can't just live on the memes alone.' Other names he tracks: Mucow around Micron (as-transcribed), and the fumble that still haunts him, PONS — he saw it around a $2.5M cap and skipped it, while he retells the story of Noby floating PONS at a 30K cap. His long-term vision: if meme communities end up controlling 80% of a stock's on-chain shares, even JP Morgan launching index products or 401Ks on chain 'kind of has to play ball' with them.
Conner credits Robinhood with starting what he calls a Cambrian explosion: a company Wall Street respects began tokenizing stocks, and the first thing people did was meme them. He notes Robinhood has barely listed coins itself — Cash Cat is about it so far — with PONS and others presumably coming, and stresses this is 'week two basically.' He sees the four prior years of SEC subpoenas and stifled building as the reason stocks-on-chain took so long, and says the current regulatory openness plus Robinhood's trusted name finally let ETH whales move capital somewhere Solana never attracted them. He's launched a tracker site (as-transcribed: stonksonchain.ll) aggregating the top meme stocks, and predicts some tickers — like AI for Nvidia and BONER for HIMS — are already hard to dislodge, while Apple, Tesla, and SpaceX still have no winner at all.
Conner's portfolio advice is contrarian: anchor most of your FOMO book in the most-held tab rather than chasing graduated runners, because new deposits of a couple thousand dollars land there first — 'the least rug-able, most respected followers' — and the board keeps appreciating (AI, PONS, Cash Cat, BONER at number four, Mars Coin, MicroDuck). His vetting ritual: grab the contract address, run it through scanners, check holders and early bundles, prefer coins launched on platforms like PONS or Long as 'more un-rug-able,' and judge X chatter by account quality. He credits his crypto-punk-era instincts — he helped build the original Punks Discord trait lists and still holds punks he clicked for free in 2017 — and says the new social status is a big on-FOMO position, name-checking Seed Phrase, owner of the only seven-trait punk.
In the closing rapid fire Conner picked Bitcoin over crypto punks as a store of value (punks would be at 500K if the NFT community hadn't blown itself up, he says), chose LIT over HYPE to hold five years — he's been in LIT since $1, says it just hit $4, and argues it's still 20X from HYPE's market cap with Robinhood behind it — and called for ETH above $3,000 by Christmas on the tailwind of Robinhood Chain settling back to Ethereum. His biggest trader mistake: selling Flirt, a coin he'd thesis'd for a Binance listing, at around 150K after it had reached roughly 250K — three days later it ran 200X. His cure for selling winners early is 'never sell,' and he calls the four-year cycle dead: 'I never saw the bull market in the previous one' beyond Bitcoin near 120K and Solana's run. Most overrated thing in crypto: still NFTs. Most underrated: Ethereum.