Markets, money and the pursuit of something greater than both.
Joined January 2022
- Tweets14.3K
- Following3.1K
- Followers9.4K
- Likes18.6K
Dɾҽαɱ retweeted
the saddest part about crypto is that we’ve somehow managed to kill the one thing that made ppl want to come here in the first place
the possibility of making life changing money
we’ve gone from ppl dreaming about coins worth hundreds of millions to everyone competing to exit before the next retard at $500k
and the ppl running the platforms don’t really care because whether u make money or lose it, they still get paid
what a fucking industry
Dɾҽαɱ retweeted
Ticker takeovers on Float now cost more the newer the ticker
Copying a coin seconds after it launches isn't cheap anymore:
→ 15 seconds or less: 5 SOL
→ Under 1 minute: 4 SOL
→ Under 1 hour: 3 SOL
→ Older than 1 hour: 2 SOL
Brand new tickers are still free, and you never pay more than the price shown.
Like every fee change, these are experimental changes. We're monitoring how they affect the experience across the platform and will continue to adjust depending on how it goes.
Dɾҽαɱ retweeted
We're working on a launch mode built specifically for builders on Float.
Nothing is final, and we want your input before we build it.
Here's what we're thinking:
- Launches only through the Float site, to keep third-party scripts from abusing it
- A bigger share of trading fees for the dev
- Dev fees held for the first 24-48 hours, then released as long as the project hasn't rugged and the dev is still actively building
- If the dev rugs, their fees go to the airdrop and $FLOAT buyback and burn instead
- Dev supply locked at launch, with the dev choosing how long
- A tag and filters on the site, so builder launches are easy to find and easy to tell apart from normal launches
We'd love to hear from you:
1. Should anyone be able to use it, or should projects apply first?
2. How should fees be split between the dev, holders, the airdrop and buybacks?
3. How long should dev supply and dev fees be locked?
4. What should count as a rug, and as actively building?
5. What would you need to see from a project to trust it as a builder launch?
Before we push a big update like this, we want to hear from the community first. We believe the best ideas for Float come from the people launching and trading on it every day.
Dɾҽαɱ retweeted
On June 25, 2024, two days after Jason Derulo's JASON token launched, Ansem's sub-wallet
3bzbmH78ceeg8fn4MKpB5jjv51SZVPCQ59f7ZWbE1uUs - received 504.5 SOL (about
$69,000) in two exchange withdrawals and forwarded 377.43 SOL (about $52,300) to his main 2024 wallet
AVAZvHLR2PcWpDf8BXY4rVxNHYRBytycHkcB5z5QNXYm the same day.
The same hot wallet had already paid the sub-wallet once, three weeks before: 99.06 SOL (about $16,400) on May 31, 2024 at 00:27 UT C, three days after the MO THER launch and five days after JENNER. A repeat payout from one service wallet is consistent with the same person withdrawing through the same exchange account twice.
Full transaction hashes:
Inflow 1:
kJ6eocrYBFYdNckp2RbiM33rmTu7S9WYZ3yw5LtFxniBrsfogtVtipXrwLkYRotmgy3YPCsA8JtZahihWZbneGA
Forward to main wallet:
2J4YQ6HYiqJqKxRSSkB2Tnyp2ZxQcu4mNmsjTsdCrBghYnzXWWorAScpwX9CxfA1usi3znxWnzd6Hfe4NLDKhc5G
Inflow 2:
3Hp8wctjNFVMPQZAsSV799PHLj9ZkwZ6yzwyCyBheghyYz8uM9YQeVgib5e6PmNSim9ztGHNT7FeCGWThK37w3hd
(Pic credits; Solana Breakpoint)
Dɾҽαɱ retweeted
Past 48 hours:
• Druckenmiller's 1st tweet is backing Hyperliquid perps for the US
• Binance hacked for $6.3B
• FBI & secret service joins the hunt
• $1.5B liquidated
• Strategy's CFO resigns
• 500b wiped from Google stock
Damn.
Dɾҽαɱ retweeted
enough of the purposeless, hopeless, meaningless gambling and endless extraction.
time to go back to buying and holding memes with real size and conviction. memes that actually stand for something, where people are willing to build communities, engage with each other, work together toward a common goal, and create value instead of treating everyone else as exit liquidity.
we need more holders, more believers, more cults, and fewer people trying to extract every last penny from each other.
stop trying to outsmart each other. start winning together.
Dɾҽαɱ retweeted
Whenever your heart deeply longs for something, whisper this
اللَّهُمَّ خَيْرًا فِي كُلِّ أَمْرٍ أَنْتَظِرُهُ
Allahumma khayran fi kulli amrin antaziruh.
“Ya Allah, grant me the best in everything I'm waiting for.”
A quiet du'a... but powerful enough to bring peace to your heart and barakah to what's written for you. Trust His timing, always..
Dɾҽαɱ retweeted
if you think #BOYCOTTPUMPFUN is some bullshit
Let’s revisit each time attention shifted away from PumpFun
we get some of the biggest runners in the trenches
• CASHCAT
• AI
• STONK
• ZCAT
• MASK
• BONER
• PONS
• MARSCOIN
to name a few
Even ZC on Ethereum reached $50M before the team rugged on a random launchpad
Meanwhile Kimchi one of PumpFun’s biggest promotional pushes, couldn’t even take his own coin to $50M despite his massive reach and backing and “aura”
At some point you have to question the ecosystem you’re participating in
PumpFun has built a model that thrives on:
• Constant new launches that pnd
• Influencers incentivized to promote PF tokens
• Liquidity continuously rotating between new pairs
• Trading volume regardless of whether anyone actually makes money
Think about the incentives
PumpFun profits from trading activity, not from your bags appreciating
A token going to $100M and establishing a strong holder base isn’t nearly as important to their business model as thousands of traders constantly rotating between new launches spamming volume
And the people promoting these launches have financial incentives that aren’t necessarily aligned with yours
Yet traders keep following the same accounts into the same launches, expecting different results .. like please wake up
Some of the best opportunities we’ve had came when liquidity and attention escaped this absolute hell of an ecosystem
Maybe the problem isn’t that the trenches are dead or that nobody wants to buy memecoins anymore
it’s because we’re just directing all our liquidity towards an ecosystem that benefits more from extracting it than growing it
Prioritise robinhood coins
Prioritise stonk coins
Prioritise BNB coins
Just try to stop feeding this fucking machine defined to drill us otherwise known as @Pumpfun
Dɾҽαɱ retweeted
I’m quitting crypto.
I’m selling all my assets and moving on.
I’m done with beggars, ruggers, scammers, fake hype communities, and ultimately this space is turning me into something I am not.
Everyday there’s something that will stress me or make me question what the hell am I even doing here anymore, and I can’t take it.
I’ll be waiting for the impending Black Swan Event on the sidelines rooting for all of you, good luck chuds.
Dɾҽαɱ retweeted
crypto is starting to feel like idiocracy playing out in real time.
we went from people debating how protocols generate revenue and capture value to people debating which animal picture has the best chance of being the daily runner.
somehow the people who can barely see beyond the next $100k topper now control most of the attention.
how is the market supposed to discover real innovation when the people driving the narrative can’t recognize anything beyond a chart?
the industry didn’t necessarily get dumber. it just started rewarding the dumbest behavior.
Dɾҽαɱ retweeted
1/ Kimchi didn't make $40M on $TRUMP
Not even close.
We traced his wallets and found his actual profits 🧵
Dɾҽαɱ retweeted
Pump.fun..
Ansem. Kimchi. Banks, etc.
I’m sick of watching this crowd sell young people the idea that chasing internet personalities is a path to wealth.
The whole spectacle looks recycled. Build the persona, platform the character, saturate the timeline. When the audience gets bored, wheel out the next “final boss.”
Banks, if you can give these guys a platform, you can ask them who pays them, what they hold and what they sell while their followers are buying. Otherwise, spare us the performance.
Ansem and Kimchi, being good at attracting attention doesn’t make you worth listening to. Show people a repeatable process. Explain the incentives and put the relationships on the table.
Young people need an education. What they’re getting is a fucking casino with a podcast marketing department.
And when it blows up, suddenly everyone discovers “personal responsibility.” The promotion was everybody’s business. The consequences belong to the kid who believed it.
I have nothing but contempt for that business model and the people who glamorize it.
You want respect?
Earn it by being useful after the audience stops making you money.
Kimchi just BEAT his $40M Trump trade in 1 HOUR after joining Pumpfun
Readers added context they thought people might want to know
Kimchi holds ~75% of the low-liquidity $KIMCHI meme coin supply per pump.fun/coin/CSocnzcRp… explaining the displayed portfolio value after his Pumpfun affiliation, contrary to implied trading profits. The $40M Trump trade is an unverified legend with no on-chain confirmation memecoin.wiki/wiki/kimchi.
x.com/crypto_echad/s…
x.com/iamtheR2G/stat…
Dɾҽαɱ retweeted
$USELESS is starting to look REALLY good for a dip buy around these levels
~40% pullback from the recent highs after an impulsive move
this looks increasingly likely to resume its outperformance soon
IMO this is a pretty damn good entry for what i think will be the next $DOGE / $SHIB
THE memecoin of this cycle
Dɾҽαɱ retweeted
the market exposes things that are easy to hide elsewhere like impatience, fear, greed, ego, need for validation, lack of discipline, attachment
and the best part is that the market doesn’t need to criticize you because at the end your own decisions produce the evidence
imo the goal is not necessarily to eliminate emotion because that’s probably impossible, but become self aware enough to recognize what you’re feeling without letting it dictate how you execute a trade
trading is as much about understanding yourself as it is about understanding the market and that’s the hardest part but also the best
Dɾҽαɱ retweeted
catecoin:native 👀
Interesting on-chain activity One Cluster 1 wallet sold 200K CATE for ~169 SOL. Minutes later, Aurelius’ tracked wallet received ~$16K and sold ~$15.99K. Same timing, nearly exact amount. Not proof of ownership, but a strong connection worth watching.
Dɾҽαɱ retweeted
A lot of people on X are new to the markets. So I'll make this as simple and harsh as possible.
The economy is not going up. It is not going down. It is doing both at the same time. This is called a "K-shaped
economy" and almost nobody talking about affordability on your timeline understands what it actually means.
If you own assets, stocks and real estate, you are on the upper arm of the K. Your wealth has compounded aggressively since 2020. The S&P is at all-time highs. Home prices are up 50% since the pandemic. Your 401k is the best it has ever been.
If you do NOT own assets, you are on the lower arm. Rent is higher. Groceries cost more. A home that cost 2.2x the median income in 1960 now costs 5 to 7x. You are working harder and falling further behind, and it is not your imagination.
The top 10% of Americans own 93% of all stocks. The bottom 50% own 1%. The top 10% hold 68% of total wealth. The bottom 50% hold 2.5%. This is not an opinion. This is Federal Reserve data.
When the S&P goes up 25% in a year, the people who own stocks get 25% wealthier. The people who don't own stocks get nothing. That is the K. Same economy.
Two completely different outcomes based on one thing: whether you owned assets before the run started.
This is why your timeline is split in half. Half the people saying the economy has never been better. The other half saying they can't afford to live. Both are telling the truth. They are just on different arms of the K.
How long does this last?
The honest answer is that it has been going on for decades. The Richmond Fed traced this pattern back 30 years. It happened after 2001. It happened after 2008. It happened after COVID. Each time the gap widened and never fully closed before the next shock hit.
The last time wealth concentration looked like this was the Gilded Age, 1870 to 1900. That lasted 30 years before structural reform changed anything.
What does this mean for you?
The K-shaped economy is not a reason to panic. It is a reason to understand where you sit and what you can control.
The people on the upper arm did not get lucky. They owned assets. That is the entire difference.
Change your life and start small. No matter how small your account balance is. I only started with $10K, twenty years ago. This is your time to retire your whole family. They are counting on you.
