Seal retweeted
It's finally time to talk about my favorite dog from the entire internet, $KORI.
I've discovered this memecoin in its first few days of existence and I've always kept an eye on it since then.
The first thing I liked about Kori was the traction it started to get across all social media platforms. Seeing really big brands, artists and infuencers constantly interacting with Kori always made me incredibly bullish and this thing will matter a lot in the long run.
Another bullish aspect is how active the community remained wether the price was above $50M or below $2M. These boys kept showing up daily on my timeline and you already know how much I appreciate people who actually have conviction. They can literally send a good memecoin (like Kori) to incredible numbers.
Talking about the chart, the structure is pretty clean right now. We've been in a very long consolidation phase between $1M and $4M. I think we will break the resistance that formed around $2.6M easily once the market starts moving up again, but it's really important to break that $4.3M resistance because there were already some tries, but once we finally do it, I think we have a pretty easy road to $10M and why not, above the $17M resistance.
The risk/reward looks very interesting to me right now and for me, Kori is one of the best memecoins to accumulate for the long-term run. If we get a proper bull market, $100M wouldn't surprise me tbh and after that, the sky is the imit.
Kori is a tier-1 memecoin for me and it will always be.
This post is not a paid partnership!
NFA and always DYOR!
Seal retweeted
So Binance-linked MMs have allegedly been trying to break Bitcoin below 80k for over a week now.
And they haven’t managed to push it down significantly.
Why?
Because massive whales have been accumulating billions worth of $BTC throughout this entire period.
Now here’s where things get very interesting.
I believe the last straw for Binance was $HYPE suddenly attracting legitimate institutional interest and attention.
We’re talking about a roughly $4B increase in market cap within just 16 hours, starting from around $20B.
Do the maths.
20B + 20% in a single day.
And all of this while Bitcoin refused to break down significantly.
So in my view, Binance had two problems on its hands.
Bitcoin refusing to break below 80k.
And HYPE suddenly attracting dangerous amounts of attention.
What followed?
A swift market rug under the cover of an alleged hack. To cuck momentum.
And this is where things get even stranger.
A hack that was very conveniently contained by USDC and Tether.
Maybe a tad TOO quickly for my taste.
I’ve witnessed countless hacks in this space since 2018, and something about this one feels extremely odd.
It’s not how North Korean hackers usually operate either.
They typically manage to move a significant chunk of the stolen funds before anyone can intervene.
Yet this time, almost the entire $2B was reportedly frozen within a remarkably short period.
Interesting, isn’t it?
Given the reach of international law enforcement, I struggle to imagine many actors capable of pulling off something of this scale and escaping the consequences, apart from groups operating beyond that reach, such as Lazarus.
And if you think the official narrative automatically tells the whole story, that’s on you.
In my opinion, Binance is doing more harm to this industry than good.
And I believe much of that harm is deliberate.
First 10/10.
Now this.
Market manipulation at its finest, if my suspicions are correct.
SHUT YOUR MOTHERF*CKING EXCHANGE DOWN AND REMOVE YOUR CLAWS FROM THIS SPACE.
I’m counting the days until the Trump administration is gone, because I believe the scrutiny surrounding these players will intensify significantly.
And if wrongdoing is established, those responsible should face the consequences.
Stay safe out there.
Sincerely yours,
Skully
Seal retweeted
very valid points!
however i do believe the next wave of growth in the trenches will happen on BonkFun
the fresh wave of TikTokers will be launching on BonkFun
there are already signs of this happening
several high-profile TikTok accounts are already openly launching tokens on BonkFun and actively shilling both their tokens and the platform in their bios and TikTok videos
one of them is a viral TikTok animal followed and engaged by some of the world’s biggest brands and celebs
possibly the most viral animal on the planet
it has multiple TikTok videos with record-breaking reach — including one that ranks in the top 5 most-viewed of all time, with over 1 billion views
and its BonkFun CA is blatantly featured in the bio of its TikTok page + it does routine videos featuring BonkFun and its token
it’s an easy $100m+ narrative disguised as a low cap right now
possibly $WIF-level potential even
no one’s talking about it yet, but i’m confident many will be soon
they chose to launch on BonkFun, not anywhere else, and they’ve been aggressively pushing both their token and the BonkFun platform on TikTok
i know more viral narratives like this will spin up on BonkFun very soon
not just in the West, but also across cultures e.g. China, Korea, CIS, etc
BonkFun has grown rapidly
but the true network effects haven’t even begun
and they will begin soon
GOD WILLING
The timeline is euphoric, but in reality the trenches aren't getting bigger, users are just migrating.
• There's 30,000 tokens created daily by 10,000 "devs".
• 200-300 migrations.
• $150M volume generating $1.5M fees a day.
Except 75% is now happening on Bonk in a market which has been dominated by Pump for 1.5 years.
The real fun begins when there’s another wave of fresh TikTokers.
Seal retweeted
this is what will truly bring retail back
most people don’t have the time or energy to “trench”
they want to buy a good coin, be able to go to work, spend time with their family, and when they come back their coin isn’t down 99% because it got PVPd
the times will return
The cope is real
Rattled much
But which launchpad is the most extractive? Surely Pumpfun?
Here's the post-bonding protocol fees for recently trending launchpads:
Pumpfun: 0.05%
Stonkfun: 1%
Pons: 0.3%
Finally, it's worth noting that Pumpfun NEEDS runners if they want to survive. If Pumpfun forces the market to compress into lower market cap tokens, they will inevitably die.
Pumpfun needs more runners and ultimately more success cases across coins & traders in order for new users to find the ecosystem attractive enough to join it.
Billion dollar runners WILL return.
No.3 solana:HtTYHz1Kf3rrQo6AqDLmss7gq5WrkWAaXn3tupUZbonk
Every crypto bull run there are 3 types of people:
1) gamblers/traders
2) holders of consensus assets
3) holders of "non-consensus" assets that show the signs of ultra hardcore community
Throughout my 10 years in crypto, I've been in every one of these categories.
Category 1 (gamblers/traders) tend to do the worst. 99% of them lose everything. I was in their shoes between 2017-2020.
Category 2 (holders of consensus assets). These guys do alright. Most of them make some okay returns but more importantly, unlike traders/gamblers, they are able to preserve their wealth. I've been in this category in the 2021 cycle and did decently.
Category 3 (holders of non-consensus assets). These are the guys who outperform absolutely everyone. The key here is to understand what a real "non-consensus" asset is. It's not your flavor of the week new launch. And it's also not your "blue chip" crypto asset fully endorsed by every OG and KOL on the timeline. It's something else. Crudely speaking, it's something smack dab in the middle of this spectrum. There is a number of very important criteria that define a real "non-consensus" crypto asset. A real "non-consensus" asset is one that has been around for at least 2-3+ years and survived numerous 80%+ drawdowns, all which are necessary to have built the foundation upon which the future outperformance heavily depends. The so called foundation is something that is impossible to replicate and requires years to cultivate. You can't fake time. By far the most important thing that lies at the core of any such 'non consensus' asset is the community. A community that has survived the test of time. Community aka the core holder base of the asset. A real "non-consensus" crypto asset is one whose community has been growing, expanding and persisting for years regardless of short term price or market conditions. A community with a vast culture, extensive lore, many doxxed community members, big In-Real-Life presence (meetups, conferences etc.), strong HODL and recurring dollar cost average (aka DCA) cultures, its own media (podcasts, videos, shows), presence across multiple social media platforms. The more grassroots and community-led all this stuff is, the better. The final and one of the most crucial factors is that this non-consensus asset with a brimming community is still largely overlooked by most in the industry. Most either haven't looked deeply enough, experience instant dismissal of such possibility and are most importantly sidelined. A real "non consensus" crypto asset satisfies the above-mentioned criteria as much as possible. The people who identify and simply hold such asset tend be outperform everyone else by a mile. I am telling you straight up: spx6900 is that Category 3 “non-consensus” asset. All you have to do is buy, hold, and persist.
Seal retweeted
No suprise that the best month and condition we had on solana for more than a year was september when stonk was dominating. Cielings were raised community could beleive, coins going 30m plus.
since pump took shares back we been back to slop upon slop. retarded callout gimmick and ceielings lowered like it been all year except last month.
6 months
Haven’t disappeared, still been active daily just don’t tweet that often.
After seeing how bad the trenchers have become it’s very clear that the space needs something completely new.
That original update we planned in balanced mode v2 won’t cut it.
We’re doing something pretty radical might pay off might not we’ll see, an actual change to the fundamental design of how things work, this will either completely change how people trade coins or flop but either way
Something needs to change here too many people have the mindset that this a race to the bottom and are trying to take anything that’s left.
Unfortunately spoke to quite a few people about this vamping situation and the problems when I tweeted out that we need to come together and fix the issues that clearly are toxic for this space but the general consensus is it’s making money so there’s no incentive for change, I don’t share that sentiment but that’s the mindset across the board so at least at @bonkfun we’re going to try do something about all these issues.
Seal retweeted
Heartbroken again.
We tasted the freedom of what it was like to feel like we could all make money again.
Next thing we know we're getting pump fun shoved down our throats again and even ansem trying to glaze them for doing custom pairs and rewarding people as if stonk didn't write that playbook and spark a whole movement.
There is a true evil among us that intends to suffocate every hope here to death.
Every person paid off to keep quiet while the rape machine churns and the people are in agony.
It’s still insane to me that we can open Instagram’ own page or Adidas’ TikTok and find $Kori sitting there for the whole world to see.
How this is sat at $2.5m is beyond comprehension.
Wake up @SolportTom
Useless was at 350m at these lot were dead silent 💀
We've spent the last 8 months working hard behind the scenes on what we want things to look like going forward.
We're excited to enter the new phase of solana:31k88G5Mq7ptbRDf3AM13HAq6wRQHXHikR8hik7wPygk and get back to where we'd all like to be.
This account will start to become more active as things roll out and we talk about what we're going to be doing to create more revenue, create bigger things and, more importantly, be intertwined with the growth of some of the most exciting sectors in the crypto market.
