Despite all of the FUD we've been throwing at
@yugalabs
, I've to admit the kodamara mint xp and art is sick
had some issues w/ delegation wallets, but I could overpass them at the end
gz
@CryptoGarga
/
@farawaygg
thanks for the guidance
@0xWaldox0
share yours below
1/ Used my patience and coding skills to map out the crypto twitter interaction network over the past few days, centered around
@blknoiz06
.
The results are fascinating ⭐️
We can see the clusters of influence and the size of the nodes that are most interacted with. Pure gold!
9/ Within this whole database, there are many HIDDEN GEMS, and my next project is to find outlier patterns and untapped potential to be explored in this sea of information
Follow and stay tuned! 🫡
I might also try my own memecoin, for the culture
Gm Gm!
Yes, I'm live again with the pump fun dashboard broadcast.
It's a clean way to filter the clutter and see which projects are really trending.
Enjoy you addicted creatures
1/ This korean fam had their pupper's pic KIDNAPPED and turned into a freaking $4 BILLION empire(?!) in less than 6 months!
This is the tale of
@dogwifcoin
WIF memecoin, a massive phenomenon this cycle and a masterclass in crafting shared narratives.
Let go deep🧵
1/ This 12-YEAR-OLD KID created their own meme coin and saw their BAGs increase more than 10x overnight.
And now it looks like the big shots are getting on board.
@MonkeyCatSolana
Monkey Cat $MC👇
I’m creating a private group with some cryptopunks and key degens playing the memecoin meta.
This group is discussing
@pumpdotfun
metas, strategies and coordination
This is gonna de FUN
1/ And now, this is this week’s CT constellation!
I conducted a study on the interactions of major crypto figures and compiled a graph with the data, which outlines the universe of CT relationships over the last few weeks.
LOTS of insights.
4/ Out of all these, the majority perish within the first hour of life (72.3%)
About 13% die within 8 hours, 7% die on the first day
and another ~7% live a bit longer than that
2/ First, the overall numbers (only in PUMP FUN):
A. There are over 100,000 memecoins created 👀
B. About 2% manage to reach KOTH
C. Less than 1% are actually launched in
@RaydiumProtocol
D. Those that survive are statistically negligible
The competition is ruthless 🩸
After a few hundred hours into pump fun, some key lessons:
- most people want a quick 2x-3x flip. Some of them will dump on you in the pump fun phase. Others will dump as soon as raydium pool opens. But mostly everyone will dump on you. It's like a burning boat, everyone want to…
if you are used to the VC market, here is a cheat sheet for memecoins:
- the meme is the market and market size
- the cabal is the execution
- luck is luck
- timing is timing
5/ However, the VAST majority never reach a significant market cap.
99.6% end up with a market cap LESS than 10k USD.
Those that reach higher levels than 1 million USD are statistically negligible.
Throughout the last 10 days, we have been in communication with the Nala Cat team.
We’ve reached a dead end as Nala’s owners have demanded 10% (!!) of the total supply ($20m at the time) and a complete handover of the project.
We counteroffered their team over $600k in tokens…
I'm one of the judges of the
@solana
Renaissance Hackathon!
It's not an easy task, because there are so many projects. Let's see what these devs are bringing to the table.
I'll judge projects from latam.
Special thanks to the
@SuperteamBR
team.
LFG!
6/ Among those that make it to public pools, the completed ones (0.8%), 64% completely die off, 23% are on life support.
The rest, 11.5%, are still here to tell the tale.
Yes, I'm live again with the
@pumpdotfun
dashboard broadcast.
It's a clean way to filter the clutter and see which projects are really trending.
Enjoy you weird creatures
You take a fungible protocol (Bitcoin) and turn it into a non-fungible one (Ordinals).
Then you devise a scheme to make the non-fungible fungible again (Runes).
Next, you take the fungible and find a way to make it non-fungible once more (1/1 Rune).
Only in crypto 😆
memecoins and fractionalized nfts are so similar
but one of them is so boring, the other so fun
fun fact: DOG memecoin is in fact a fractionalized NFT from
@PleasrDAO
tbh, investing in early stage memecoins is pretty much like VC investing
1️⃣ create a system
A. the meme in the market/size
B. the cabal is the marketing/execution
C. the timing is the timing
D. luck is still luck
2️⃣ let winners win and losers lose
3️⃣ find metas/trends and surf…
lol I’m trying to move 0.1 SOL and it failed more than 10 times, lost more than 15min already
this is absolutely crazy
sorry $ORE, no mining from
my side
going back to this. Yes, I believe the small caps memecoin trades turned from +EV to -EV in the last couple of weeks.
Considering that the bots and scammers get a huge pie in the +EV side, it's a HARD GAME for the honest normie rn
Nationfi could become a major player with the arrival of the Olympics.
Behind it, the growing wave of nationalism could be the driver of longer-term growth.
I've put a little bet in BRASIL, the king of memes.
Nations meta on SOL / update
87 days to the Olympic Games
- leading country coins retrace severely, smaller ones pump X's overnight
- $GER launched (good) but no socials
- $UAE pumps 10x out of nowhere
- $AUS makes it to Tier 2
⭕️Tier 1
🇺🇸 $USA - 40m$ (-37%)
🇨🇳 $CHINA -…
for the lazy out there: this ethereum upgrade (EIP-3074) will, mostly:
- allow users to execute multiple transactions in one (like approval and transfer)
- allow others to pay for your transactions costs (you only sign)
- make a little easier to be scammed
Huge
EIP-3074 was just approved to go live in the next Ethereum hard fork.
This EIP will forever change how users interact on EVM chains, making wallet UX simpler, cheaper, and more powerful.
Here's a high level overview of EIP-3074 and how it'll change the game 🧵:
3/ However, a few hours later, it revived, largely driven by the meme's potential and the developer's young age narrative.
Huge potential, huge risk. ⭐️
Could it become the new crowd favorite?
13/ This thread is just to shed some light for those out of the loop on what WIF (and the likes!) stands for.
Now, it's up to everyone to pick their future bets and how to balance their BAGS. 👝
7/ I'll be making more graphs like this, based on other key figures like
@punk6529
,
@jessepollak
, and
@LeonidasNFT
.
Coming soon right here. ™️
If you have a relevant network and want me to make one centered on you, send a DM.
@tmuxvim
come join MC man, memetic, wierd, closing the cat meta, 12-yo-dev storytelling. Bloomberg will be talking how this 12-yo created a 1bi coin, this will melt everyone's face
I love the way memecoins unapologetically expose our valuation system to the point that now everyone can see the memetic vector in their own bags, once thought as pure "value investments"
however, once this is saturated, I can see people turning again to some fake valuation…
1/ This 12-YEAR-OLD KID created their own meme coin and saw their BAGs increase more than 10x overnight.
And now it looks like the big shots are getting on board.
@MonkeyCatSolana
Monkey Cat $MC👇
I can picture a near term future where people looking from the sidelines will start to “create memecoin” projects.
Then, they will try to add complexity: revenue models, clubs, utility. It’s gonna be cringe. Again
lol I admire the creativity of ppl.
“omg I created/bought a terrible runes ticker. how can I turn this into an interesting lore?”
creativity to pump the bags is fire