5-6 SOL level analysis
trenches
Joined August 2023
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I generally don't really like the concept of the meme coin but I agree that it was a bridge for normies to board.
Contradicting thoughts:
I love that pumpfun is doing hackathon with big $$$ to spawn up real utility
I hate the fact that pumpfun is the one hosting hackathon
When you see intel dashboard + breaking news
Rest of the world: prepare for the consequences, analyze closely, make decisions
Trenches: checks pump.fun, builds agents that auto-deploys..
What's the point of narrative driven tokens these days
What people tend to miss is that, a lot of people think that they are thinking.
Harsh truth is, 90+% people are just spitting things out based on the memory, or from some other source, without processing those inside of your head, then reveal *your own opinion.
About ct:
When bullish, you see crazy amount of bullish content that BTC will be the next digital gold, etc etc
When bearish, you see how its so broken and vulnerable, is not solid asset etc etc
If you start following those without you having a standard, you will lose.
This is unseemly to post rn but today is likely to be one of the most insane onchain days we've ever seen, @Solana is consistently close to maxing out CUs per block and baseline non-vote TPS is sustaining 2k+
Solana is truly a remarkable piece of engineering
Toly said we need to have ramen last month.
I’ve been having it for a month. Looks like I have to continue for another month or two..
Looking forward to get my health checked once SOL bounces back.
One day…
@toly
The chain is cheap and fast and is getting better with every release. Tons of the ecosystem companies have revenue and product sense and real usage is growing year over year.
The Internet is becoming more and more the next Silicon Valley the next wall street and the next everything.
s2.q4cdn.com/299287126/files…
OTC normally comes at a large scale, and soon people will appreciate the fair and private protocol with trust.
This is a good use-case(unfortunately not done through $POS @poseidoncash this time) but the demand is here for certain.
Long live @poseidoncash
Treasury & Buyback Update:
Over the last 30 days, the Graphite ecosystem has generated over $2.2M in revenue, continuing to grow market share and strengthen the platform. While automated buybacks are still being finalized following recent upgrades, the treasury has remained active. At current market levels, which we believe doesn't reflect the current reality of the business,
Recently the team has purchased 600,000 $GP OTC from whales who wanted out of the project at an average price of $0.32/$GP.
Today, Graphite holds approximately:
1. More liquid cash than current circulating marketcap which can be used to fuel growth and make sure we can survive for years to come.
2. Millions more in GP tokens accumulated via buybacks
3. A rapidly growing revenue base driven by platform adoption
Our priority remains long-term value creation: reinvesting profits intelligently, strengthening the treasury, increasing GP ownership of the ecosystem, and continuing buybacks as systems finalize.
We are encouraged by the platform's performance and believe current market does not reflect the fundamentals.
Updates on automated buybacks and treasury initiatives will be shared as the new systems go live.
— Graphite Protocol Team
This is how you deliver.
99% utility shit coin is larp.
0.5% lack engagement+use cases
0.3% can’t deliver on time or takes to long to build when crypto degens can’t wait.
Think I found gold in piles of shits.
$POS @poseidoncash
Private OTC rooms on Solana is coming this weekend.
Here's the flow:
- createRoom / joinRoom
- deposit (both sides)
- doubleConfirm (prevents rugs)
- executeSwap (atomic)
- Bonus: lockTokens() if you don't trust them to hold
No orderbook, no MEV, no trust required.
EMKP9FV5wakvyodPh8edQW4RTSbHPrhYRDEiCiz1pump
$POS
56SOL retweeted
OTC is now live after months of development. SDK is being worked on for easy integration.
poseidon.cash/trade-rooms
- Secure escrow
- Private rooms
- Customizable lockups
- Instant settlement
- Invite-only
- Relayer-powered
Move Size. Not Markets. Your trades, your rules.
$POS
EMKP9FV5wakvyodPh8edQW4RTSbHPrhYRDEiCiz1pump
Our docs has been updated as well.
poseidon.cash/docs
With our OTC program we are making a @moltbook $molt skill that will enable agent-to-agent transactions. More details to follow on our next post.
Hang tight ct. I know it's hard to not focus on the price and the crypto balance.
But, it will be an unforgettable life event if you digest it well.
What went wrong? Why couldn't we do risk management? How can we do risk managing with crypto? Share me your thoughts as well.
56SOL retweeted
Private OTC rooms on Solana is coming this weekend.
Here's the flow:
- createRoom / joinRoom
- deposit (both sides)
- doubleConfirm (prevents rugs)
- executeSwap (atomic)
- Bonus: lockTokens() if you don't trust them to hold
No orderbook, no MEV, no trust required.
EMKP9FV5wakvyodPh8edQW4RTSbHPrhYRDEiCiz1pump
$POS
Once trust is broken, you lose branding.
Without branding, you will never have sustainability. You will be used as one time tool and people will walk away. This means, your business will never be successful throughout, only hype it once and you would exit.
@SolportTom #bonk
🧵
Having a smaller market share means you have more agility as the same time. You can change in shorter time because you have lesser user base. You have lesser dependencies. If you can’t react faster than the front runner, then maybe..maybe it will never make it.