somehow, someway. https://xitter.cf/t.co/ndL1ocWCxg
Blockchain(s)
Joined July 2023
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The Wheeler Dealer 馃實 retweeted
Look at the timeline
No one outside of paid off pump shills wants these celeb coins or for kols to become 'celebs' and extract even more from the plebs
Every coin has pumpdex fees, pumpswap, terminal or bot fees, creator rewards, cashback, call out rewards, etc
It is endless extraction, taking money out of coins and giving it to deployers, bundlers and kols, making the slice of the pie plebs have access to ever smaller
But it's the plebs that make this space - without them - there's nothing to extract
But you are bleeding us dry
Meanwhile yourself and others have taken huge paid deals from pump, when instead you have the platform to lead us to a better way if you wanted to
Robinhood took marketshare from pump and sol and the market was great, now the market share has gone back to pump and we are all getting farmed to zero again
This is because pump only cares about spending money to generate fees through their ecosystem. They don't care about coins that people hold because they don't make anything from it. They need pnds for their revenue. With each pnd deploy a huge amount is extracted from the trenches, never to be seen again. This is not sustainable. And it's why it's rare to see coins on pump go to a high mc. It's a race to the bottom
Where is the airdrop? Will you start advocating for it again? Or do the plebs have to give it up so 'celeb' kols can get paid?
dear @Pumpfun,
the formula is simple:
-make coins ceilings go higher
-make more traders rich
-traders who are rich tell their friends about them getting rich on coins
-friends sign up to try and get rich like their friends
it worked literally EVERY CYCLE.
NOBODY is getting rich buying your coins so NOBODY is onboarding their friends.
retail has always been onboarded from memes / communities than any individual traders
people who have been here for multiple cycles still dont understand this
more people got into crypto because of doge, xrp, link marines, safemoon, shib, pepe, bonk, fartcoin, trump than any one single trader
name me one single trader that a normie on the street would know in crypto
but they will know about all these memes.
forget marketing their own memes they dont even have a dedicated page for them on their own app or website.
trading is cringe, lame and gay.
there is zero aura behind trading crypto.
no amount of narrative massaging from alon the goyim wrangler is going to change the fact that trading crypto is a means to an end for making money.
I have not seen a single doxxed person in crypto who is legitimately charismatic, eminating aura and could be described as cool.
this is the kind of thing you do anonymously and when you tell your friends what you do you keep the details to a minimum. you provide zero value to society here, you are gambling and far over on the risk curve, that is all. kimchi is like 100 pounds soaking wet and in his vlogs reads like a socially retarded dork in class who minces around women like a ghoulish spectre, barely talking to them whilst making zero eye contact.
almost everyone who doxxes in crypto has done so because it's literally the only industry or arena wherein the social bar is so profoundly low that even a painfully average looking person with zero charisma can give the pretence of being cool on their highly curated streams and vlogs.
stop trying to make crypto cool you retards, just make the environment MORE PROFITABLE FOR MORE PEOPLE. nobody gives a single FUCK about your lifestyle, your clothes, your watch, or your hot takes on politics or peptides. all anyone cares about is the trades you can nail, or the ideas onchain that you can incubate and bring to life.
yo twin the aura is off the charts!
25% float at 6.5m marketcap, 42m volume, broke support in 24 hours.
pumpfun is making traders celebrities bro, kimchi mode! what's good kimchi, pass the baton twin, let me hold a band crodie! alon please give me a pumpfun badge bro, pumpfun is gonna save the world!
sent from my pumpfun app (I am a huge faggot)
bro kimchi is so famous and viral amongst normies and the next wave of retail that when I held up a picture of OBAMA and KIMCHI in public today to see which people would recognise and everyone was like:
"YOOOOOOOO THATS KIMCHI BRO HES THE FINAL AURA BOSS hahaha! I heard he ran up 40 mill on the presidents coin yo! ayo whos that black guy? he ain't got no aura bro he's unc status! yo wheeler have you got kimchis referral link for pumpfun app? I'm tryna lock in"
they all said exactly that, it was a movie ong.
yo KIMCHI BRO im a top holder of your coin twin please fly me out to one of your dinner parties in a cave gang I'm tryna run up a bag of BOTTEGA gifts twin!!!! pure aura!! hahaha am I right alon broski we are making onchain trading cool again!
bros alot of you probably disagree with me, alot of you think I'm probably just some old whining faggot coping because he's poor again, etcetera etcetera...i totally understand that perspective. we are inclined to be in competition with one another, so naturally most infer that everyone else is dumb, lame or retarded.
the reason i say all the stuff I do, the tweets I write, the people I call out, the analysis and observations I share - it's because i actually do deeply care about this space and i want it to be better. i think it CAN get better.
i don't know how to build in crypto, i don't have the money or the connections to create tangible solutions. i just have a voice and a propensity for sharing what i see and how i see it, and I think we are collectively walking blind folded into a really irreversibly bad place with onchain trading.
im not sure if it's completely idealistic and even naive to think we can reverse engineer any of this change through collective attitudes and behaviour, but we could definitely be trying harder. we don't have to be gambling on dogshit every hour, we can buy coins at higher marketcaps and have longer holding times, we can call out bad actors and deincentivise them by not putting our money into their coins and their protocols.
or maybe i am the stubborn old man with his throne sat on the foreshore, waving his scabbard at a roaring tide...
fuck.
when stonk and pons/long took marketshare from pumpfun, everyone was cooking and making money.
9 figure coins, liquidity flowing across both blockchains.
pumpfun now have market dominance again and look at the market.
macro is in exactly the same place as it was a month ago.
like what's even the point of trying to bagwork a coin you're in anymore?
you know your shit is most likely completely fucking cooked and nobody is gonna buy it ever again because it's retraced and doesn't have catalysts, fundamentals are unimportant, community, memetics, holders, bagworkers, content, art, it's completely nebulous to the people left in the space.
and then to compound it people are so jaded and cynical that their responses to you trying to shill your bags, whether that's providing a humorous angle, or a thesis analysis etc. is just to say 'but bro you're just trying to shill your dead bag for an exit pump you can sell into'
no retard, I'm shilling it because I believe it can and should go much higher, and if I'm not gonna bagwork my bags, then who the fuck is??!
everyone is fried, nihilistic and permatrapped in the cupsey trenches. they aren't gonna bid a generational coin at 30m because they'll just blast 30 sol into a 5k shitter that they'll try and sell at 9k.
it's literally that bad lmao, why do I try and push a meme that is sitting at 3m mc that I'm -40% on after dcaing and posting about for the last month?
it has all become so nonsensical that it's hurting my head even trying to parse out all the absurdism of it all.
we really fucked it up here gang.
shout out $neet coin regardless I will bullpost that shit as long as I still have a dollar in memecoins.
when one of the underlings over at pumpfuns recruitment team offered me a cheque, they wanted me to:
-shill call outs a minimum number of times per month
-make a minimum number of posts per month about the app
-post screenshots of my trades in the app
-delete all my shit on fomo
-amend my bio with their links
but the worst part was they wanted me to trade a minimum of $500,000 of volume through their app per month. all for like 3k per month (when i tried to negotiate it up to 5k they offered me like some small cash bonus or something desultory)
imagine the level of greed and extraction these guys are hellbent on when they offer you 'a deal' to delete everything on a competing app, to be a brand ambassador for them, all whilst paying you the same (or probably less) amount of money that you would be PAYING THEM in fees to trade coins mostly through their pools!
and now they've scrapped the 0% fee model and whacked it up to 0.45% to fund their referral scheme, so it would very likely end up being a NET LOSS.
my portfolio is raped, my financial dreams from crypto lie in ruins, but i thank myself everyday that i did not take that demonic little deal.
integrity is everything.
and the worst part about all of it that alot of people now KNOW that there is no money to be made from memecoins anymore, so they are flocking, no they are climbing all over each other to participate in the callout death spiral.
call out dogshit, sell almost immediately, farm your followers off side wallets into whatever trailing bids you can get from pumpfun app callout, and collect a checque
...all whilst shilling pumpfun for a few thousand dollars a month 馃
at this point the only statement here that looks to be plausibly true is that 'millionaires will be minted via creator fees'.
sling, dior, chairman, and a few other KOLs will be paid 7 figures to shill you absolute garbage via the pumpfun app
whilst 97% or more of you will lose money
and alon will keep bleating out platitudes whilst cashing out 9 figs every month whilst dumping his supply of $pump on the open market.
genuinely has never ever looked this completely over for onchain, ever. onchain trading is FUBAR.
and i hope with all my heart that this is a bottom signal.
