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Imo this is a more accurate read on what's happened to the 100m runners. It can't be simplified into a few events, it's more complex than that. I've included Json's events for accuracy, despite his excuse being dishonest in its own way. While TRUMP did have a draining effect on the $100M runners, it was not the sole cause of the lack of future successes. In fact, we saw many runners in the wake of TRUMP, with Housecoin being the most noteworthy rejuvenation of belief. We had just needed a new game to play. And while 10/10 was devastating, we can see that it, too, was not the sole cause. These were both factors, yes, but there were many factors over the last year that have combined to create this current mess, nearly all of them the result of Pumpfun’s own greed and attempts to control CT. We have one small cabal concentrating all power, wealth, rewards, and influence—both financially and socially—among themselves while failing to introduce new games or solutions. PumpSwap is one, yes, but the AI infrastructure they’ve installed is the main culprit along with the AI market-making suppressing outsiders and the stifling of any competition or dissent. NONE of the three most recent $100M coins were organic coins where the community won. ALL three were highly controlled, manipulated, and employed an array of Pumpfun’s AI tactics used to exclude outsiders. White Whale was caballed by Pumpfun leadership. They were the winners—including Remus. ANSEM used every single new tactic available to exclude retail, including PVPing the original coin, using ladder bots, and airdropping the fake accounts in the PF PR network. Penguin was arguably the only coin that gave anyone a chance, and even then, they used infinite PVP deploys to ensure there were as few holders as possible. This provided 1/20th the opportunity of a coin like Moodeng. IMO, this is a more honest read. You’ll see that even with the rejuvenation of sentiment and the recent period of market bullishness, there was very little change.

A closer look at the card. The texture! 👌

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