CEO of #Metaisland. Trader, programmer, analyst, truth seeker, creative thinker... #gamefi #metaverse #nft #crypto $BTC $ETH https://xitter.gq/t.co/5wzzhZYf0K
Thailand
Joined October 2018
- Tweets7.6K
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Crypto Nikko retweeted
This is insane!
The U.S. government just transferred out another 12,267 $BTC ($1.01B).
arkm.com/explorer/entity/usg
xitter.gq/lookonchain/status/210…
The U.S. government continues to move funds, transferring another $566M over the past 10 hours, including 4,632 $BTC($384.5M), 119M $USDT, and 750 $WBTC($62.34M).
xitter.gq/lookonchain/status/210…
Crypto Nikko retweeted
#Dette "On est en train de passer le moment où c’est incontrôlable (…) Les réformes qu’il faudra faire en cas de crise extrême : baisser les retraites, augmenter l’âge de départ… La dernière étape sera l’emprunt forcé". @jattali invité de @Caroline_Roux dans #cdanslair.
Crypto Nikko retweeted
Mihoyo, creators of Genshin Impact, just launched Olivia - an AI companion who lives on your desktop, plays piano while you work, & exchanges letters with you. 100k downloads on day 1
The brilliant part is the GTM. Olivia debuted on Bilibili last summer as a virtual pianist, spent months building a fanbase and answering fan letters - all before shipping as a companion
She launched with a built-in audience - hundreds of thousands follow her as a Shanghai university student majoring in piano (with a minor in psych), who loves old movies and rainy days
Character-first AI with distinct personality, recognizable IP, and world building beats faceless agents - this is the way
Crypto Nikko retweeted
Craziest thing I've seen in a while:
• Someone buys $4M worth of BONK
• Then posts a DAO proposal asking to transfer $20M in BONK to themselves
• Waits 7 days without anyone noticing
• Then votes "yes" with their own BONK holdings, and the proposal passes
• $20M is transferred to them
And now the Bonk team has suddenly realized they lost $20M.
This wasn't even a hack.
The proposal passed because no $BONK holders checked the governance forum.
Insane to see the current state of DAOs.
BonkDAO was the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained from the BonkDAO treasury.
During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal. BonkDAO is currently actively working with exchanges, bridges and Solana Foundation to best manage the situation.
Law enforcement has been notified. BonkDAO continues to work with relevant parties to recover funds and identify those responsible.
Readers added context they thought people might want to know
The proposal to drain BonkDAO's treasury passed legitimately after the proposer bought ~$4.4M in $BONK to meet the 1% quorum threshold and voted yes alone, as only 7 wallets participated out of 18,000+. x.com/lookonchain/st… x.com/chainalysis/st…
Crypto Nikko retweeted
🚨 S&P 500 IS BEING MANIPULATED, AND HERE'S WHY
The market is moving higher on dead volume.
No real buyers.
No real demand.
Just algos pushing price up while retail gets baited back in.
This is a manufactured pump before the real volume returns.
And when real volume comes back, it won't be buyers.
It'll be sellers.
Classic bull trap.
Crypto Nikko retweeted
82% of Bitcoin is in cold storage - the dollar price is being negotiated with no supply/demand dynamics just manipulation via unregulated derivatives.
Centralized crypto exchanges are beyond corrupt. Nobody is selling the asset except the exchange to themselves through wash trading.
Crypto Nikko retweeted
🚨 THE MEMORY CHIP SHORTAGE WAS MANUFACTURED
Samsung, SK Hynix, and Micron are being sued for allegedly engineering the DRAM shortage.
The lawsuit claims they used the "AI Boom" as cover to cut the regular memory supply.
DRAM prices are already up 500-700%.
Now the damage is showing up in iPhone and Mac prices.
This is why demand for AI is rising so fast.
This looks like total supply control.
Crypto Nikko retweeted
📊 Un rapport affirme que 96 % des projets crypto seraient construits sur une illusion.
Un rapport publié par QUASA dresse un constat extrêmement critique sur l'industrie des cryptos.
Selon ses auteurs, 96 % des projets valorisés à plus d'un milliard de dollars n'auraient quasiment aucun trafic organique, aucun utilisateur réel et peu ou pas de revenus.
Le rapport affirme également que 95 % des blockchains seraient en réalité fortement centralisées, que 98 % des volumes d'échange seraient artificiellement gonflés par du washtrading et que de nombreuses valorisations reposeraient davantage sur la spéculation que sur une adoption réelle.
Les auteurs estiment que les frais de listings des grandes plateformes centralisées et certaines pratiques de marché auraient contribué à l'échec de milliers de projets légitimes.
Ces conclusions restent toutefois celles de QUASA et sont contestées par une partie de l'industrie, qui souligne que des réseaux comme Bitcoin, Ethereum ou Solana affichent des millions d'utilisateurs, des milliards de dollars de valeur verrouillée et une activité on-chain importante.
Crypto Nikko retweeted
Gainzy says EVERYBODY has left CT
"Crypto is literally dead, everybody's literally dead, everybody's gone, quite literally everybody is gone, and it's for a good reason"
"We've underperformed everything for way too long and we memory hole everybody that leaves... if we ever actually clicked on our old following to see who we followed through the years - there would be so many names of people you remember and odds are they they crashed out left crypto"
"Everybody got wrecked in one way or another and only like a handful of people actually retired... very fucked up no matter how you want to look at it"
Crypto Nikko retweeted
🚨THE FBI CREATED A FAKE CRYPTOCURRENCY.. LISTED IT ON UNISWAP.. HIRED MARKET MAKERS TO PUMP IT.. THEN ARRESTED EVERYONE WHO SAID YES..
THIS IS THE CRAZIEST LAW ENFORCEMENT OPERATION IN CRYPTO HISTORY!!!
The FBI built an actual ERC-20 token on Ethereum called NexFundAI.. 100 billion token supply.. A professional website.. Whitepapers promising "passive income through AI-powered investing"..
It looked exactly like every other crypto project.. Because that was the point..
Undercover agents posed as the founding team.. Then reached out to professional market-making firms and said "we need you to fake our trading volume"..
Every single firm said yes..
Here's what they recorded..
Gotbit.. A firm run by a 26-year-old Russian who publicly bragged in 2019 that he built a business faking trade volumes.. His team kept internal spreadsheets with columns literally labeled "fake volume" vs "market volume"..
When asked how fast they could pump NexFundAI's volume to $1 million per day.. They said "6 hours.. It will cost about $200"..
$200 to fake $1 million in daily trading volume..
MyTrade.. Run by a guy who called himself "the mastermind".. He explained the exact psychology of the scam on camera..
"We make the chart look like a really nice roller coaster ride.. That's where people jump in.. We have to make them lose money in order to make profit"..
He said that on a recorded FBI video call..
CLS Global.. A Dubai-based firm.. Their bots generated 98% of NexFundAI's total trading volume.. When the FBI asked if they could sync fake volume spikes with fake news announcements.. They said absolutely..
ZM Quant.. Bots executing 10 to 20 trades per minute through dozens of wallets to look organic..
All of them knew it was fraud.. All of them did it anyway.. All of it was recorded..
And the clients were even worse..
Saitama.. A meme coin that hit $7.5 billion market cap.. The founders coordinated buys through private Telegram chats.. Sent "pump it" memes while manipulating the price.. Then dumped on retail investors..
$7.5 billion.. Built entirely on fake volume.. Every penny of real money came from retail investors who thought the momentum was organic..
One founder left Saitama and started Robo Inu.. Used Gotbit again.. Another launched VZZN.. Same playbook..
Lillian Finance.. Founder claimed to be a defense contractor who addressed Congress.. Marketed the token as funding children's hospitals.. Pocketed everything..
When the FBI shut it down.. They seized $25 million in one day.. 18 people indicted across the US, UK, and Portugal.. The CEO of Gotbit was arrested in Portugal and extradited.. Sentenced to 8 months plus $23 million forfeiture..
But here's the part that broke my brain..
Real people bought NexFundAI..
The FBI's fake token.. With zero utility.. Zero real developers.. Created solely to catch criminals.. Attracted real retail investors because the fake volume made the chart look bullish..
When the FBI pulled the liquidity to end the operation.. Those people lost real money.. On a government-issued token..
The FBI had to set up a restitution portal to pay them back..
And it gets worse..
Within 24 hours of the DOJ announcing the sting.. Someone cloned the FBI's exact smart contract.. Launched a copycat token.. Rode the viral momentum.. And made $127,000 in a single day..
Using the exact same manipulation tactics the FBI just arrested 18 people for..
Then in 2026.. The FBI did it again.. New token called Lexobit.. 10 more arrests.. Including operators extradited from Singapore..
IRS forensics showed that in one firm's trading.. 1,209 out of 1,221 consecutive transactions went straight back to wallets the firm controlled.. 99% circular..
The FBI proved what everyone in crypto suspected..
The volume is fake.. The charts are painted.. The momentum is manufactured..
And every time you buy a token because "the chart looks bullish".. You might be the exit liquidity.
THIS IS ACTUALLY INSANE!🤯
The FBI launched its own crypto token last year just to trap the scammers.
They were sick of pump and dumps. So they built a real token with a real site and real branding, called it NexFundAI, and waited to see who would show up.
Within weeks, scammers were lining up to fake the volume for undercover agents.
Then one of them got on a recorded call and said it out loud. Their entire business model was making regular people lose money so they could profit.
The FBI had all of it on tape.
18 charged. $25M seized. Arrests across 3 countries.
The wildest part? The FBI ran a cleaner crypto project than half the founders out there. And the whole thing was a trap from day one.
Crypto Nikko retweeted
Hard truth: bitcoin:native at $80,000 - not buying territory.
Bitcoin price zones mapped by emotion:
- VERY EXPENSIVE: $95k+
- EXPENSIVE: $72-95k ← we're here
- LIKELY BOTTOM: $52-72k
- FEAR ZONE: $32-52k
- PANIC: below $32k
My rule: lower the zone, bigger the position.
At current price: I wait
At likely bottom: I buy
At panic levels: I buy aggressively
Real accumulation happens when you're terrified, not comfortable.
Bookmark this.
If market crashes and everyone's scared, this tells you to add.
Crypto Nikko retweeted
GTA 6 is delaying PC, because...
Look at the GTA Online revenues below. The gap between console and PC earnings is INSANE.
PC players can easily bypass the Shark Card economy. They can use mods or play in unofficial roleplay servers like FiveM.
But on Playstation and Xbox, you're locked into official servers where the only way up is to grind or pay.
Rockstar is delaying the PC release to protect the launch economy of GTA Online 2.0
They're forcing the entire player base onto consoles for the first 12-18 months, and trapping their biggest whales in a closed ecosystem where microtransactions can't be bypassed. It guarantees them the maximum bag during the peak hype window.
Plus, Rockstar acquired FiveM team back in 2023. The delay buys them time to figure out how to officially monetize the PC modding scene before they open the floodgates.
What percentage of PC gamers do you think will get a console just to play GTA 6 at launch?
Crypto Nikko retweeted
The Bitcoin Conference in Las Vegas had capacity for over 2500+ people, but less than 100 people showed up.
If this isn’t a clear indication that the bubble has popped, I don’t know what is.
Crypto Nikko retweeted
Ripple pays its bills by dumping 300 MILLION XRP on its own holders
When XRP launched in 2012, 100 BILLION tokens were created at once, all at genesis
The founders kept 20 billion for themselves and gave the other 80 billion to the company
In December 2017, Ripple locked 55 billion XRP into smart contracts so they couldn't just dump the supply whenever they wanted
That escrow releases 1 billion XRP every single month on the 1st, automatically, with zero human intervention required
Ripple typically relocks 70 to 80% back into new escrow contracts and they keep the rest, which is roughly 200 to 300 million XRP, to fund the entire company
At XRP's current price, 300 million tokens is $400 million, every single month
Ripple's CEO Brad Garlinghouse told the Financial Times directly that the company "would not be profitable or cash flow positive without selling XRP." The CEO himself admitted the entire company runs on dumping its own token
Ripple paid MoneyGram over 61 million dollars in "market development fees" to use XRP
MoneyGram then told reporters: "We sell XRP as soon as we receive it because we don't hold any XRP"
Ripple pays partners in XRP, the partners dump it on the market immediately, and Ripple announces it as adoption
The SEC called this out in their own complaint
They wrote that MoneyGram "became yet another conduit for Ripple's unregistered XRP sales into the market, with Ripple receiving the added benefit that it could tout its inorganic XRP use and trading volume"
The co founder who left, Jed McCaleb, kept 9 billion XRP on his way out, spent 8 years dumping from a wallet the community named 'Tacostand,' and walked away with 3.2 billion dollars. Ripple had to sue him just to slow the sales down
The bull case for the last decade has been "banks are coming"
Bank of America, Santander, PNC, American Express, and JPMorgan all partnered with Ripple. None of them actually use XRP
They use Ripple's messaging software without ever touching the token
Ripple still holds around 39 billion XRP in escrow, roughly 39% of total supply
Every holder of XRP is being slowly diluted by the company itself, by design, on a monthly schedule that's written into the blockchain
XRP is now down 6 consecutive months
A big reason is that every month, a new batch of supply hits the market from the same wallet, and everyone knows it's coming
The company that fought the SEC for 5 years and won is funded almost entirely by printing its own token and selling it to the people who believe in it
Crypto Nikko retweeted
do you understand what happened to PlayStation yesterday..
They quietly turned your game purchases into a 30-day subscription.
No announcement.. No warning..
You didn't rent it.. You BOUGHT it.
→ Every new PSN purchase now has a 30-day validation timer
→ Timer hits zero = game locked
→ CMOS battery dies = game locked
→ No internet for a month = game locked
→ Even FREE demos have the timer now
Game bought March 2nd? No timer. Works forever..
Game bought April 24th? Expires May 24th..
They didn't patch a bug. They shipped this on purpose.
Digital ownership just died. They didn't even tell you.
Crypto Nikko retweeted
DeFi is dead and most of you still don’t understand what it actually was
It was never a financial system. It was a loop designed to manufacture synthetic valuations from minimal capital
Protocols didn’t grow capital, they multiplied how it was counted by turning one deposit into multiple positions
A token gets emitted, you’re paid to deposit it, and that deposit is recorded as TVL. That’s position one.
You borrow stables against that same collateral, deploy them somewhere else, and now that same base capital is supporting a second position on another protocol
Then you take the LP token from that, restake or loop it again, and it gets counted a third time
Lets simplify it with $100:
> You deposit $100 into a protocol, that’s your first position and it’s recorded as $100 TVL
> You borrow $80 against that same $100 and deposit it somewhere else, now there’s another $80 being counted
> You borrow $60 against that $80 and deploy it again, now that’s another layer
You take the receipt from that and loop it one more time
On paper you now have $280+ across protocols, but in reality its still the same $100
This is the same illusion as altcoins printing billion dollar market caps on tiny float
A $2B token with 5% circulating isn’t $2B of value, it’s $100M of liquidity marked higher by thin trading
DeFi did the same thing with TVL. Instead of multiplying price across supply, it multiplied the same capital across protocols
TVL became FDV in a different format
Protocols emitted tokens to LPs, counted those tokens as TVL, then counted the incentivized volume as usage
That volume generated fees, fees justified valuation, valuation justified emissions, and the loop continued
No external demand was needed and the system kept feeding itself
Every narrative ran the same structure. Yield farming, LSDs, restaking, points. Different names for the same mechanic
You weren’t earning yield. You were being paid in dilution
At the peak, $200B+ TVL implied capital that never existed. The real base was a fraction of that, looped, leveraged and counted multiple times
Each protocol reported it independently, dashboards aggregated it as if it was additive
That’s how the industry looked massive
This is why altcoin market caps and DeFi TVL broke at the same time
Both were built on internal pricing, thin liquidity, and recycled capital. One inflated valuation through float, the other through collateral loops
Neither represented real economic scale
The fragility came from this exact structure. The hacks weren’t random....
You don’t extract hundreds of millions from systems generating real external cash flow, you extract from systems where the value was already abstract
Strip out token denominated TVL, emission based yield, recycled collateral, and wash volume. What’s left is a small set of protocols actually moving capital
DeFi didn’t fail. It worked exactly as designed. It took limited capital, looped it, marked it higher, and distributed it
Now that the loop is visible, the numbers don’t hold
That’s why it doesn’t bounce. There’s nothing underneath it to support the scale it once claimed
Crypto Nikko retweeted
The world is one bomb away from a global economic crisis and the stock market hits a new record high.
This giant casino is run by hucksters, con-men and insider traders.
It no longer bears any relationship to the real economy.
