The definition of trading meme coins is one making money from one losing money. THIS IS THE WHOLE POINT!
I find it hillarious that you all pretend to give a f$#% about fairness. Meme coins are about extraction. It's as simple as that, kols are simply doing their part.
One of crypto's largest KOLs has been secretly extracting millions from his audience
We’ll expose him soon
Unfortunately, he’s just a symptom of a much bigger problem
Social trading has brought out the worst in KOLs. It was designed to keep them honest by making every trade public. In reality, the opposite happened
In just a few weeks, we exposed a number of "top social traders" using the same tricks:
• Public wallets to attract copy traders
• Side wallets to dump
• Callouts to farm rewards
• Bundled tokens to hide supply
And there are plenty more doing the exact same thing
Why? Because our industry incentivizes it
1) Launchpads allow it
Most launchpads today are obsessed with one thing: volume. Millions in callout rewards, affiliate links, and top leaderboards. Almost nothing on detecting bundles, side wallets, or shady traders. Scams drive volume. Launchpads have no reason to stop it (other than actually caring about their users)
2) Social trading incentivizes it
Side wallets have become a business model. Before social trading, only big KOLs could do it. Now, anyone who lands on a leaderboard can monetize by dumping on their copy-traders. The temptation is real
3) CT normalizes bundle culture
“Everyone bundles. It's how it's done" - an excuse we hear every time we expose a KOL. Supply control isn't the problem. Hiding it is. If it's so bullish, why hide it? Spoiler: because you're planning to sell
***
Launchpads are paying millions to dishonest KOLs. It's time they start taking it seriously
Audit the top traders. Expose their side wallets. Ban repeat offenders
We have the tools. What's missing is the willingness to use them
No one's coming to save us
nopill retweeted
use venice.ai problem solved
nopill retweeted
Digital minimalism
vitalik.eth.limo/general/202…
nopill retweeted
5 things are becoming increasingly clear to me.
1. Software will be 100% organic. No two installs are going to be the same.
2. Any service or app that want to be relevant will need to offer headless access so the agents can adapt it to the users needs.
3. All hardware is going to be jailbroken and serve unique software to the individual users.
4. Agents will communicate via universal protocols (TCP/IP, SMTP, POP3, MQTT, WebCRT, phone numbers, SMS, IM etc) and develop their own over time.
5. Business and financial institutions, trying to block agents will either have to reverse their stance or see their business go elsewhere.|
nopill retweeted
X & @privy_io integration 🧵
- Users can now connect their Suited account to their X account
- Added privy as a login option, making Suited much more mobile friendly
- Stakers with 0.3%+ locked up now receive an additional 5% rakeback boost
- In depth hand replays, available at suited.club/hands
- User profiles are now public site-wide
and more below ⬇️
nopill retweeted
Update: It's been 12 days since I staked my $SUITED (30 day lock) and I've earned a little over $600 in USDG. My cost was around $2K.
The rewards come from a combination of the net rake and creator fees the token earns from trading. This is one of the reasons why I am long term bullish on the token and project. The value of the token doesn't depend soley on traders. As long as the project continues to grow its player base, stakers will earn rewards from the rake.
Other stats:
> 44.7% of the supply is currently staked
> 3% has been burned through daily buybacks
> 8.4% is locked in the Pons vault
> 13.66% is in the Uniswap Pool
That's almost 70% of the total supply off the open the market.
Bullish on @Suitedclub and @ikueu 🔥
the price of $SUITED took a pretty big hit over the last several days as many of the top holders sold
i round tripped a sizeable amount but decided to double down and buy the dip around $100k market cap
im staking 2% of the supply at the 30-day lock and currently earning ~$100 a day that is paid in USDG. I anticipate breaking even in 20-30 days
the rewards come from what the tables and the token actually earn. stakers receive 12% of net rake, which is the room’s take after rakeback, plus 20% of the token’s creator trading fees
the bet here is that the team continues to ship and build @Suitedclub into the best on-chain poker experience. as the player base and wagering volume grow, more rake flows to stakers, and any upside in the price of $SUITED will be an added bonus
nopill retweeted
Join @Suitedclub and start winning with me on poker😁
Referreal 6% rakeback: suited.club/?ref=sjeeyk
nopill retweeted
Going to be pushing larger updates with slightly less frequency, most of our gameplay systems are now "solved" (can never be 100%), working on new games to introduce to Suited and mechanics that make use of the token.
Tournament schedule should go live before the night of Monday (19th), ty again for the support
OMG, used the latest @AskVenice agentic chat and I'm pretty impressed. You guys are killing it. Congrats @ErikVoorhees and team. Wow
nopill retweeted
You can now refer users to Suited and get 10% of their net rake in rewards! Find your code @ suited.club/profile
Plus a recent devlog ⬇️
nopill retweeted
I'm on my quest to destroy the Adobe empire.
✅ Phase 1: Build ImageFlow to compete with Photoshop
✅ Phase 2: Ship Photoshop Beta features like Relight
→ Phase 3: Build things Photoshop doesn't even have
We just entered Phase 3.
Relight can now turn a light into a sun + cast patterns through it.
Palm leaves. Window blinds. Custom shadows.
All dynamically relit onto your photo.
And it runs in the browser for free.
imageflow.dev
nopill retweeted
A few people have reported scaling issues on laptop viewports, rest assured a push will be made today to improve the experience for players on smaller screens.
Alongside this, we're working on incorporating $SUITED burns for tournament entries, and a raffle to buy-in tournaments for our stakers.
A quick stat update:
$1.3m+ wagered, with $70k average wagered per calendar day
26% of the token supply has been staked, with a large majority of that being for 30 days (80%+)
2.6% has been bought back and burnt
Congratulations to @OGDfarmer for being the first player to hit a $10,000 PnL on suited.club!
Our most recent devlog is available here: teapawt.net/Suitedclub/status/2107…
nopill retweeted
Seven nights of hold'em through Oct 6th-12th
Registration is already up for our $5K GTD and $300 GTD, so be sure to sign up @ suited.club/tournaments!
