Zurich, Switzerland
Joined January 2015
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RT @cryptoklotz: stonk update:
like all of onchain across all platforms, stonk entered a low-vol grinddown to hell on sept 21, when BTC to…
malik retweeted
Trading on FOMO is AIDS. All KOL's are using this playbook -
- Buy a low MC coin (sub $100K) from side wallets and FOMO at the same time
- Start posting about it in various Telegram GC's and Discord servers
- Coin pumps to $500K - $1M
- Take profits from side wallets
- Now post a thesis on FOMO
- Coin goes beyond $1M MC
- Take profits from side wallets (along with your comrades who you got in early) or entirely dump the position
- Never sell a token on FOMO giving the impression that you are a diamond handed holder with 100x track record => more followers => more goats being butchered on a daily basis
So if you are buying on FOMO, you have already become exit liquidity for these KOL's who are already sitting at a 50-100x for a coin that has barely touched $1M MC.
And I am not speculating. I am seeing this happen in front of me across various GC's.
Brutal. This is not gonna end well.
And this is also why 99% of the people buying/trading on FOMO are losing money.
i miss the pre-fomo era. last cycle was epic.
when we used to trench together / find picks and communicate respectfully with different communities.
we used to hold coins through the storm
used to get excited to jump on ct and charts everyday
positive and some silly online fights used to happen.
this whole FOMO aspect has ruined the industry, people no longer view themselves as investors but as gamblers.
since the market is essentially PvP, there are compromises being made between the fomo driven crowd and the lazy ones currently involved.
discovery of side wallets and many taking advantage of their influence.
sad.
wake me up when we back to normal.
malik retweeted
How I see $KNOTS and its standing in the stonk ecosystem.
Knots was launched on September 5th.
It went from 0 to 52M on September 11th, not even a week. A crazy run up. The second token and meme on stonkfun to hit 50M after $ZCAT being the first one.
Since than, Knots has been on a steady decline with a few moves up in between, correcting the downtrend.
Today Knots hit a new low at around 4.1M, tapping into that liquidity zone between 1.5M and 5M.
This is were Knots stands atm. Just looking at the price.
$KNOTS is $STONK backwards, as simple as that. Is that a good meme?
I think so. Its knot just twisted backwards, Its a twist in itself a knot. Its $KNOTS, its tight together with $STONK
What makes Knots special as a memecoin?
Its tied to Stonk, the high revenue and deflationary token from @LaunchOnSF
Its knot an animal, everyone loves cat and dogs memes. Me too. But there are so many of them, they are not as unique anymore. Knots builds directly on top of stonk.
Knots pairing with stonk. The 3% fee earns you stonk through the Volume traded. Its a way to farm stonk. Knots moves up and down the same way through its mechanics, if no trade happen.
The dev team has been shipping constantly since the launch, exchange listings, campains etc. I have never seen this before. Sometimes Knots doesnt even feel like a memecoin, rather like a defi project. (Its still a memecoin)
Which memecoin ever had a social campain build and run for it, where you earned stonk through mindshare? I dont know any. Correct me, if im wrong.
Looking at knots latest announcement, I think I know what they have been cooking. I think you can guess it too.
Very much looking forward to that.
They are super active on X, all day every day.
The job done here for a memecoin is phenomenal.
Is the price way down atm? Yes. Over 90%. Is the mood down? Absolutely.
Have the fundamentals changed for $KKNOTS? Yes, they have. Much more has been added over the last few weeks.
Its only been positive. The price hasnt reacted to that yet. The market needs to shift.
If $STONK is continuing its high revenue and burn even in this state of the market we are currently in, it should go much higher in the future. (650k revenue today so far, around 4:30h left)
We are just in a potential starting phase of a new bullmarket. When the real fun starts, volume and liquidity will increase and stonks stats should increase drastically.
I think could 5B-10B MC for stonk is a fair evaluation, if the thesis plays out. Thats probably rather low balling it too.
In this case $KNOTS has in my opinion the possibility to reach 1B+ MC
I also think $KNOTS will be the first meme on stonkfun to reach 1B MC
Knots has this unique standing in the stonk eco system, due to is reason of existence.
When the time comes, the knots will connect.
In the end, whatever happens happens.
Lets walk the gardens of stonkfun together, plant the seed and let the whole stonk eco go much much higher.
Cheers Joe
malik retweeted
feel like throwing another 100k into @fomo and just keep rotating at every 2x
seems to work for many lol
state of 99% people on ct, only @cryptonary can save us.
give us a runner, niggas be tired with the 60-80M mcap top, my eyes itching to see something go above 200M mcap
