🫴yuh🫳 💼🐸 $LICK 👅 / $Ouroboros 🐍🔄 maxi @theouroboros_x
Joined October 2023
- Tweets576
- Following224
- Followers193
- Likes2.6K
Pinned Tweet
I still believe what I wrote below today, so I made $Ouroboros with @Pumpfun ‘s new custom pairs feature
$Ouroboros (New) is paired with $Ouroboros (Old). Ouroboros (New) has a 1% tax 100% of which will be used to buy and burn Ouroboros (New) forever and it’s LP is in Ouroboros (Old) so it is buying and burning more Ouroboros (Old) as it burns itself Ouroboros (New)
I thought about using holder rewards mode but I ultimately decided on this approach instead as it holds true to my original thesis of the Ouroboros token becoming possibly the greatest launch on pumpfun ever and this is an even deeper iteration on what I wrote about 6 months ago in my thread.
This new Ouroboros is eating itself and by eating itself it is eating the old Ouroboros because the new Ouroboros lives inside the Old Ouroboros
Ouroboros (Old) has about 42% of its supply held across all holders, I’ve bought enough of the supply of the Ouroboros(New) and took a snapshot just before now of all holders of the Ouroboros (Old) and will be airdropping all the wallets in the snapshot 1:1, so everyone who has been holding the old Ouroboros for months with me now has the exact same stake in the New Ouroboros making the new Ouroboros and the Old Ouroboros one
To put it more simply:
all holders on each Ouroboros are the same, Ouroboros (New) is paired with Ouroboros (Old), trading volume on Ouroboros (New) generates volume on Ouroboros (Old), Ouroboros (Old) uses all fees to buy and burn itself with the pumpfun ai agent automatically, Ouroboros (New) has a 1% tax that will buy and burn itself forever and since Ouroboros (New) LP is in Ouroboros (Old) that tax and volume burns even more Ouroboros (Old) strengthening the LP pools of both tokens infinitely
The Ouroboros eats itself on chain forever
Let the greatest financial Ouroboros experiment continue 🐍🔄
Why I think Ouroboros could be one of the most successful @Pumpfun launches of all time 👇🧵
Ouroboros ( 2yeyNC83oe3kht8Jnsd4xsrL64X35RYFKgZQakEdpump ) utilizes Pumpfun’s spotlight Ai feature like many other launches but something very positive and specific has happened with Ouroboros that is different from the others
constant short bursts of attention
this factor has allowed the Ouroboros to eat itself (buy back and burn with ai agent) in the most opportune way possible out of any launch
for reference one of the highest marketcap pumpfun ai feature coins is $Goblin coin
Goblin coin’s ai agent has spent $216,000 to buy back and burn approximately 29% of the circulating supply and reached an ath marketcap over 20m (picture attached below)
Goblin is a flagship meme for ChatGPT and OpenAI similar to how faction was a flagship meme for truth terminal
now back to $Ouroboros
The Ouroboros ai agent has only spent $13,000 and due to the bullish scenario I explained above it has bought back and burned 31% of the circulating supply of Ouroboros (picture attached below). Not only has this been significantly more efficient than other launches it’s also now the coin that has burned the highest amount of circulating supply out of all coins that have launched with Pumpfun’s ai agent feature while sitting at only a 50k marketcap which is 0.5% of the marketcap of Goblin which is the highest marketcap ai agent pumpfun coin
Assuming Ouroboros caught steady consistent volume from here on out instead of its typical short bursts of attention by the time it reaches the marketcap of Goblin or even surpasses it, it will most likely have over 60%+ of its circulating supply burned after reaching that same $216,000 mark that goblin has reached so far. There is also a scenario where Ouroboros keeps the same pattern of short bursts of attention and cool downs, in this scenario I believe Ouroboros would have over 70 or 80% of circulating supply burned once surpassing Goblin’s marketcap
That’s the technical bull case, but there is more aside from that
Like I said before Goblin and fartcoin were flagship memes of singular ai entities
Ouroboros is the flagship meme of the entirety of Ai, Finance, the economy, trading, on chain, crypto, businesses - Ouroboros is essentially the Flagship meme of the entire modern world. If you want an explanation of this concept I will link the @grok explanation below
The combination of the supply shock mechanics of Ouroboros and the overarching relevance of it in every aspect of the modern world has the ability to create the most interesting financial experiment in a very long time.
TL;DR
The world is an Ouroboros
🐍🔄
If anyone wants to join let me know
Made an Ouroboros squad for the @pumpfun @PumpfunEco squads competition, and the goal is to just hold $Ouroboros / $Ouroboros in the competition
maybe in the next 2 weeks Ouroboros can prove that you can make it just holding and believing in a good coin again and win one of the top spots
if anyone is holding $Ouroboros and wants to join the squad let me know
Made an Ouroboros squad for the @pumpfun @PumpfunEco squads competition, and the goal is to just hold $Ouroboros / $Ouroboros in the competition
maybe in the next 2 weeks Ouroboros can prove that you can make it just holding and believing in a good coin again and win one of the top spots
if anyone is holding $Ouroboros and wants to join the squad let me know
The world is an Ouroboros 🐍🔄
the gist is that generally crypto is like an ouroboros - no external demand, any unicorn app has to depend on internal participants - launchpads as the best example of this. revenue numbers of launchpads (and i'm talking purely launchpads) are usually spiky but with no consistent growth over time because meme launches are an extremely crypto native thing that doesn't attract outside users
perps on the other hand, can see increasing growth over time as more and more people (non crypto people) trade on the venue. same with stablecoin demand, payments, inference usage, etc. and that's what you have to long. stuff that trends up over time due to extraneous demand, that is not reliant on crypto liquidity growing larger over time
defi falls into the former category, because "lending/borrowing tvl" is just such a crypto native metric that is wholly dependent on crypto native userbase growing which is just a foregone conclusion this era. same with other aspects like "bridging volume", or "dex volumes" etc.
not to say they can't make money, i just believe that it is much more +EV to just have longs on the latter type of assets with hockey stick growth from external sources, just because it makes it so easy to hold
seen many posts today from people talking about giving up on bagworking which is a sad sight to see
Anyways, I will never give up on bagworking until I literally die
Super 🔥 update to the website by @ourotris
you can now see live how much of the circulating supply is gone forever and lives locked inside the Ouroboros LP
Ouroboros.garden
