sanda retweeted
Social trading has completely changed the way people trade memecoins. The edge has shifted from finding good trades to having enough influence to create them.
Callout rewards are only accelerating and institutionalizing that shift, making it more profitable to get others to trade than to trade yourself.
What happens when everyone is incentivized to call and fewer people actually want to trade?
It’s basically rewarding the extraction of value from the same participants the entire market depends on to survive.
And it’s not like I’m saying this out of jealousy or anything. I have a large enough following to benefit from this system myself, but I genuinely hate what the market has become, and I don’t think it’s healthy.
I used to love trading, but the current market structure has made it pretty much untradeable. At this point, it feels -EV to actually trade rather than just optimize for callout rewards and I know I’m not the only one that feels this way.
I honestly didn’t see it at first but it’s clearly unhealthy for the space to be so dependent on a single platform that they are able to introduce incentives that fundamentally change how people participate in the market.
sanda retweeted
tide is turning on pumpfun
revenues are falling off a cliff, overall pumpswap daily volume is the lowest it's been in almost a year
this "trade competition" feels like a cheap way to draw in short term volume
genuinely think pump is highly overvalued here and we will see a massive sentiment shift on the pump trade soon
sanda retweeted
BLOCK CLI on SOL
blockcli.dev/
JDnbcXGzw2SKgaAYDujbfs7rZUKfBYiwufRZtGfjpump
sanda retweeted
pumpswap is genuinely horrific to trade on what the fuck is this shit jesus fucking christ
again if you are not being paid by them please add a paid partnership tag to your posts if you are talking positively about this so people assume youre paid and not a retard
sanda retweeted
The creator fees meta is going to change the way people use their tokens.
Going from idea to prototype is simple now. Getting the validation that the idea is a worthwhile pursuit to begin with is harder.
By combining the global town square and a wallet, Elon has removed so many of the barriers that used to prevent these types of ideas from growing.
miles @wedtm sent $ZAILGO to $100m during the 2024 AI season
now he's building an open source counter drone system for Trustless Engineering
allen control systems raised $200m to build theirs. miles is building his own version and open sourcing it for everyone
mount it on the hood of your car and it shoots drones out of the sky around you
ai season dev turned defense tech builder. that's the lore
$DKILL is live on @UsePaid and every trade pays straight into his X money
the fees go toward him building robotics and keeping it open source for everyone
ca: H7kfBWQqs5asqvzynqRaS6h9jLFc9g1tDQYPnbDSpump
sanda retweeted
Many of the top $STONK coins are compelling cuz they’re paired with alts rather than stocks.
These pairs help:
- Build community for the paired ticker
- Provide holders with exposure to the paired ticker
- Generates mindshare for the paired ticker (Meme coins are the best vehicle for adoption)
This is where $STONK has really shined.
The ultimate catalyst for many of these coins is direct acknowledgement or support from the original team.
solana:CYxv8mm44tqjYu6fvTMiZSrAWaM7QKwTSto179xuK7tS (Real Internet Money) was literally named by the Founder, Stani himself after he was asked:
“What’s a good AAVE meme we can put onto Solana?”
Feels like a good bet here around $400K market cap.
$AAVE is a $2B mcap protocol with $18B TVL
