Certified Degen | In the trenches everyday | Future Billionaire Trade with Moby: Join me on Moby! Use my link: https://teapawt.net/t.co/HQvANbfu1H
Nederland
Joined August 2020
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Cheepy retweeted
Imagine if pumpfun decided to inject
$1M - $3M into one good runner every month and send it $50M - $100M + instead of giving callout rewards?
Pump has given out $19M in just 2 MONTHS for callout rewards alone. Is that really sustainable? probably not
What the trenches actually want is money in their pockets and a single $100M runner can do that and snow ball into so much more. This would also save and make them tons of money.
1M views in 14 hours
solana:6mXFCoZ515w37YfmwXGJMPfQfiK5tr9WkihW3oN9pump is possibly THE biggest narrative on the market rn
Repricing imminent
Cheepy retweeted
Pirate Shop Token deserves 2M+ ngl
insanely viral, fortnite is trying to compete with GTA 6 and made an item in game you can get from chests called the “Pirate Shop Token” and it gives you everything in the item shop for 2 weeks and it is going on until December
thousands of videos about it being posted every hour to tiktok & ig
insane mindshare on this thing, only a matter of time before it rips imo
Not Financial Advice
always Do Your Own Research
Cheepy retweeted
It probably got a billion views in the last 2/3 days and it’s still at 100k market cap lmao
Is it really just that we don’t have enough people in the space to send a coin over $300k without crime?
Feels like it’s not about skill anymore but just a 50/50 chance of getting crimed or not
Don’t get me wrong, I’m not complaining, I’ve made good money on low caps and pumpfun changed my life
But this is becoming embarrassing, seeing the worst shit ever sending to millions and the best coins sitting at low caps just because the “cabal” doesn’t enter
We don’t need fewer “rapers” or “bundlers”, nobody cares about those, we just need more people trading memecoins
Mei Mei and this Pirate Shop Token are perfect examples that show there simply aren’t enough people trading memecoins
Bullish on memecoins for the future, but right now it’s better to focus only on low caps
haven’t made a public call in a while, but given the current situation on the Fortnite $PIRATE Shop Token, feel like I have to
myself and many others were in the PumpFun coin well before any tracked wallets bought the Float coin
i understand wanting to support your eco tokens, but your launchpad will go to 0 if your only feature is vamping coins that have been alive and thriving for DAYS
it’s not like this was a PvP on launch. No. The pump coin was at $300K mcap and 2 days old when the Float coin was launched
end of the day the virality and trend will speak for itself. When it does the pumpfun coin will break ATHs and the float coin will go to zero.
the clock is ticking
Cheepy retweeted
haven’t made a public call in a while, but given the current situation on the Fortnite $PIRATE Shop Token, feel like I have to
myself and many others were in the PumpFun coin well before any tracked wallets bought the Float coin
i understand wanting to support your eco tokens, but your launchpad will go to 0 if your only feature is vamping coins that have been alive and thriving for DAYS
it’s not like this was a PvP on launch. No. The pump coin was at $300K mcap and 2 days old when the Float coin was launched
end of the day the virality and trend will speak for itself. When it does the pumpfun coin will break ATHs and the float coin will go to zero.
the clock is ticking
Cheepy retweeted
Little reminder that there’s the Pirate Shop Token sitting at a 130k market cap on Pumpfun
(Also if you’re buying the vamp on Float that’s completely INVALID, ur gonna lose)
Float was a launchpad made to prevent vamps, so imagine buying a vamp created on a platform whose whole purpose is to make sure a token can’t get vamped 🤣
If you’re buying that shit on Float you deserve to lose it all, and you will…
.@rasmr_eth yo make sure ur buying the right one, u still got time to switch, if you think about it rationally that vamp makes no sense, buy the one on Pump and send it to millions
It’s either the Pump one or neither, but it’s way too viral to not go
This is the only right CA: 6mXFCoZ515w37YfmwXGJMPfQfiK5tr9WkihW3oN9pump
Cheepy retweeted
People are literally doing anything in game to find the Pirate Shop Token
And the token on Pumpfun is still sitting at 90k???
It's literally the biggest even videogames ever had, everyone is trying to get it
I know what I'm holding and I know the potential of this one
CA: 6mXFCoZ515w37YfmwXGJMPfQfiK5tr9WkihW3oN9pump
Biggest normie meme is sitting at sub 100k?
Yeah push that to millions
solana:6mXFCoZ515w37YfmwXGJMPfQfiK5tr9WkihW3oN9pump
Do you understand how bullish that makes me?
The ENTIRE marketcap of crypto
Now imagine a fraction of that money flowing into crypto
BTC pushing to 300K wouldn’t be that farfetched
That’s simply because we are still in a bear market
Watch every narrative trader suddenly destroy the “influencer” traders once we are in an actual bull market
In those markets real memes perform the best
Look at $Chillguy
If you scrolling on tiktok enough and spotted the trend early, you’d be a millionaire
It went to 600M
Not because some random KOL bought or supported it, but because it was an actually viral meme
I am looking forward to these markets again
Because my edge had always been spotting big narratives early
Sure I am having a hard time in the current environment and am trying my best to adapt
But once those conditions return, I feel like I will go on a generational run
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.
