based shit

i track memecoin supply, linked wallets, dev sales and liquidity changes. plus large perp positions when liquidation gets close. 3 published case studies below, with sources and dated snapshots.

Elon has already responded to the dispute behind $CAPY’s story. On Nov 3, he replied “True” to Peter Hague’s criticism of the Capytistas and WIRED’s coverage of them. His reply did not mention a token. The missing context: WIRED reports that the group chose the capybara as a rival to the Shiba Inu mascot of Musk’s government DOGE project. @capycoinX has built its token narrative around that rivalry. My read: CAPY has a real-world conflict for its community to turn into memes. Further exchanges could give that story new material, although attention could spread across several competing coins. Elon’s reply establishes that he engaged with the controversy. It does not establish that he knows about CAPY or backs it. Elon’s reply: teapawt.net/elonmusk/status/211742… Solana CA: DBPTU2oKLDHXQjAEJ3rZi8bUGmt2uxUbipgg6xmXoMqr

$CAPY’s Elon/Doge story starts with a rival mascot. WIRED’s Nov 2 report says the Capytistas, an anti-Musk activist group, adopted the capybara as a rival to the Shiba Inu used to brand his Department of Government Efficiency. That reference is to the government’s DOGE, not a Dogecoin partnership. CAPY’s Solana token page links the report. Our read: the coin is borrowing a recognizable rivalry—Elon and the Shiba on one side, a calm capybara on the other. That gives the community a specific scene to remix, beyond another animal logo. Our version puts Elon and Doge on the launchpad, only to find the capybaras have turned it into a hot spring. Original parody art. We have not established any official link between this token, Musk or the Capytistas. Source: teapawt.net/WIRED/status/211732603… CA: DBPTU2oKLDHXQjAEJ3rZi8bUGmt2uxUbipgg6xmXoMqr

$MAMESUKE on Solana borrows a TV character that has been played by generations of Shiba Inus. TV Osaka is now on its 26th Mamesuke. Its 2027 calendar brings past generations together, with collectible cards offered as purchase bonuses at selected retailers. The patterned cloth bundle on the dog’s back keeps the character recognizable as the dogs change. Our read: @MamesukeShow’s community has both new TV appearances and older generations to draw on for memes. The broadcaster is still making products around those older dogs, alongside the current mascot. That supports a story about a recurring character. It does not establish TV Osaka’s backing of the coin, or give token holders a share of merchandise sales. Source: tv-osaka.co.jp/mamesuke/ CA: SCGBBnSwnekytGFHgyeHHxPMiN7xDxsWFGg9JgFSTNK

Float’s previous #100 is now #145, with its recorded trading volume unchanged. we checked the same Solana wallet against our saved leaderboard after Float announced its Fomo recount. the live top-100 cutoff is about $33.5K in volume. if you checked your rank earlier, check it again before today’s snapshot at 17:00 UTC. comparison: Nov 3, 22:07 UTC → Nov 4, 08:17 UTC. trading continued between checks, so the rank change cannot be attributed to the recount alone. final eligibility is still subject to review.

the Mercado Bitcoin exploiter’s $VIRTUAL position has moved through two more Ethereum addresses. most of it is still held. we traced 344K VIRTUAL through swaps. another 1.64M — 83% of this tracked lot — remains at 0xbaa5…e896. the original wallet now shows zero VIRTUAL. stopping there would miss the remaining position. Nov 4, around 08:03 UTC. this traces one VIRTUAL lot, not every asset linked to the hack.

Float’s first USDC airdrop is for its top traders, not everyone holding $FLOAT or $CAPY. who qualifies: • the top 100 wallets by total trading volume on Float coins since launch • trades can come through any terminal • bots, wash trading and volume bots are excluded snapshot: Nov 4, 17:00 UTC. wallets are reviewed before payment, and rewards are weighted by trading volume rather than split equally. we verified about $119.3K USDC in the official vault. the leaderboard’s current #100 has about $25K in volume and an estimated $614 payout. those figures can change before the snapshot. that $614 is an estimated reward, not profit after fees, slippage and trading losses. @floatdotxyz’s later rounds are planned to include every eligible trading wallet, weighted by volume. the top-100 cutoff applies to this first round.

$STONKS finished sharply higher while $FLOAT, $CAPY, $MAMESUKE and $BINGUS all ended below their starting prices. CAPY bounced about 70% from its five-minute low; FLOAT rebounded 13%. both still finished at roughly half their starting prices. MAMESUKE held up better than the other three, while BINGUS had the deepest loss. the chart compares all five Solana tokens over the same four hours. a bounce is visible. a broad recovery is not. Nov 3, 18:00–22:00 UTC. GeckoTerminal pool data, five-minute USD closes. prices alone do not prove traders moved money from one token to another.

$STONKS on solana: a Float-style starting cap does not make this a bundle-free launch or give holders Float’s reward terms. the post linked from the token promotes Stonk’s $20k starting valuation. GMGN currently shows a 39.9% bundler metric. that percentage measures bundled-buy activity, not the supply those wallets still hold. it cannot tell us how much selling pressure remains. the distinction matters before an entry: a higher starting valuation changes the price paid for the initial supply. it does not stop wallets from buying together. the reward comparison also needs token-level evidence. Float documents a holder fee allocation, but that rule cannot be carried over to $STONKS just because the launch conditions look similar. we have not verified this CA’s reward settings. our earlier coverage focused on the platform rivalry. the entry question is narrower: what inventory do the early buyers still control, and what does this specific token actually pay holders? the launchpad narrative does not answer either one. source: GMGN token page; Float docs; token-linked launch post. ca: 22r9JGoWRBYc4Z1pkSFw8p2tdjefS2ZZshw1vr8bBC2K

the Pump.fun boycott helped turn solana’s launchpad debate into a fight over fees, rewards and starting prices. oct 23: traders pushed the boycott over the delayed airdrop and the Kimchi promotion controversy. Pump.fun was also offering $2.5M in a trading competition. late october: @floatdotxyz pitched a different fee split. after the trading venue takes its cut, 15% goes to holders, 35% to traders and 35% to $FLOAT buybacks and burns. those percentages divide fee income; they are not returns on a position. nov 4: a post linked from $STONKS said @LaunchOnSF now lets coins start at a $20k market cap, matching the level in Float’s docs. Stonk already offered asset pairs and holder rewards. the reported change concerns the starting valuation. a higher starting cap means a higher entry price relative to supply. it also means a smaller multiple to reach the same target cap. it does not, by itself, prevent bundled buying. our read: similar launch terms make the reward rules and actual trading activity more important. a platform can attract volume by paying traders. that volume alone does not show that people will stay. the next useful comparison is repeat traders after a payout, activity across several coins, and rewards after trading costs and token losses. we have not measured those outcomes yet, so there is no evidence here to call a lasting winner. sources: protos.com/pump-fun-offers-2… floatlaunch.xyz/docs teapawt.net/jameskuhn2318/status/2…

$STONKS on solana: 6 transfer-linked accounts still hold about 12.12M tokens, or 1.21% of total supply, according to RugCheck. we include transfer-linked accounts in this review of bundle and linked-wallet exposure. that broader scope does not mean these accounts are proven to have bought in one transaction bundle. this is current inventory that could still reach the market. it is not evidence that the group plans to sell, and it does not establish that none of its original tokens have already been sold or moved elsewhere. the largest 10 holders own 17.70% of supply in our earlier snapshot. the linked group may overlap with them, so adding the two percentages would risk double-counting. for traders, the concrete watchlist is the group’s remaining 12.12M tokens. a balance decline would need transaction checks to distinguish selling from another wallet transfer. RugCheck report retrieved nov 4, 04:05 KST. the transfer links have not been independently reconstructed. ca: 22r9JGoWRBYc4Z1pkSFw8p2tdjefS2ZZshw1vr8bBC2K