
The Glitch King
10.6K posts

The Glitch King
@TGKContent
♦Noobposting 5thWorld Monitor DY❄️R
Between the Lines انضم Aralık 2024
1.7K يتبع761 المتابعون

@mert @WhiteWhaleLabs Make it on Solana, don't shill it elsewhere, it's that simple.
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also this premise of "pumping bags" makes no sense to me. if that were the goal, releasing a token or bundling a shitcoin or doing some tradfi ponzi thing or any of the other 500 options would be infinitely easier
instead the focus is on one of the most important possible missions left in crypto and reviving it from the literal dead across all ecosystems. there's no world in which crypto can succeed without privacy. this is not 0 sum. it is geniunely an important thing to work on.
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Dear Solana:
Solana is my favorite blockchain to transact on. It is still one of my favorite assets to trade. And when price is attractive, I still think there is a good case for accumulating it.
But I am less bullish on SOL’s next-cycle price targets than I was last time.
Last cycle, while everyone was calling for $500+ SOL, I publicly said I planned to be out before $250. Solana’s ATH came earlier than BTC and much of the market, but that call ended up being pretty damn close.
This time, unless I see a real fundamental shift, I will probably be lowering my targets. As things stand now, I would likely be out before $200 next cycle.
That is not because I hate Solana. I don’t.
But love is not a sound investment thesis.
The reasons are pretty straightforward.
Pump fun has historically made up a meaningful chunk of Solana volume, and I believe the pump (and broader memecoin casino) meta is dying. Maybe it evolves. Maybe something replaces it. But pretending that was not a significant driver of activity feels dishonest.
Solana DeFi has also taken a serious hit. A lot of Solana DeFi was tied into Drift, and the damage there impacted dozens of protocols. It hurt the broader perception of Solana DeFi.
Then there is the capital markets side.
A lot of Solana DATs were formed at some of the worst possible price points, then unwound, restructured, or de-risked at some of the worst possible price points.
CT forgets everything in 72 hours but institutional capital does not.
If a bunch of institutions got dragged into Solana exposure near the highs, then unwound for losses, that leaves a mark. It does not mean they will never touch SOL again. But it does mean the next wave of institutional appetite may not be as easy, clean, or deep as people assume.
Then there is the cultural layer.
Solana feels disjointed right now. Some of the most prominent Solana voices have spent an incredible amount of time relentlessly shilling an entirely different blockchain. Yes, ZEC is it's own Layer 1.
It does not exactly scream focus on Solana itself. It reads as devs thinking their bag is cooked and so they start pumping their next bag.
Only now does there finally seem to be real traction around addressing the inflation issue, which should have been more meaningfully a long time ago.
But what really read as desperation to me was the @PhoenixTrade push. That moment actually influenced my vision more than any of the others.
Look, I have traded over $5B in perps across various protocols. I have tested or used almost every “perp DEX” worth testing. And Phoenix is about as basic as it gets.
Yes, the engineering under the hood is interesting. Fine. Mad respect to the builders.
But traders do not ultimately care about engineering.
They care about three things:
Does it work?
Can I make money there?
Is it safe?
And right now, the best Solana-adjacent perps venue is @pacifica_fi . I say Solana-adjacent because it is mostly the stables on-ramp and Solana TVL. It is not generating massive activity for the Solana network itself. And even Pacifica has already talked about building its own L1. (A decision I'm skeptical about, even as a fan)
My exact reaction to the huge marketing push on one of the most basic perp dexs I've ever traded on was: they are so very desperate for something to gain traction on Solana it actually scares me.
Solana talks a lot about what it wants to be when it grows up. And to be clear, the vision is compelling. The ambition is real. The talent is definitely real.
But ambition is not maturity.
Every kid wants to be a doctor, an astronaut, or a superhero when they grow up.
I care more about what something actually is than what it says it wants to become.
So what is my favorite new blockchain?
Solana.
Because you can still love something and still be rational about it.
🫡 From the depths —
The White Whale 🐋

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When you see all what they have done to silence the Russians it's ridiculous that they actually lost the media war.
RT@RT_com
Macron kills Russian flag to spite teen sensation, fixed by @BowesChay
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🇮🇷 Students in 10 Iranian cities took to the streets today over exam policy changes.
Tehran, Isfahan, Mashhad, Shiraz, Tabriz, Kermanshah. All of them, simultaneously.
Iran's youth have turned smaller grievances into regime-level crises before. Worth watching closely.
Mario Nawfal@MarioNawfal
🇮🇷 Anti-regime protests are reportedly breaking out in Iran again. The demonstrations come after Reza Pahlavi issued a fresh call for Iranians to show their opposition to the Islamic Republic. The pressure on Tehran doesn't seem to be going away anytime soon.
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If it is Israel are you also willing to know?
Catturd ™@catturd2
If social media influencers are getting paid by foreign countries. We have a right to know, what country, and how much.
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@nyokodo We fought for sovereignty.
Others fought for them or us..
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@trading_axe @Bh2800 This is soo low key.
There is literally no competition if you are only a bit original.
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LMFAOOOOOOOOOOOOOOOOOOOOOOOOOOO
"You're too pretty to be on CT" is comic-tier rizz.
You can be a literal 4/10 and stand out amongst the beluga landwhales surfacing here.
The bar is VERY LOW.
Using that to approach an e-girl as an opener is like saying someone making $50 trenching is "profitable."
Fucking pathetic.
For the love of God guys, stop embarrassing yourselves just to get a crumb of internet pusspuss. It's making EVERYONE here look shambolic.
@rasmr_eth CEASE THIS ALL IMMEDIATELY!
~ Dr. Axius.
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Breaking 🚨🚨: ANOTHER crypto egirl has leaked dms from “beep boop” Rasmr. He even allegedly was going to pay her later if she continued to talk to him. What a desperate and pathetic loser. Why is fomo sponsoring the biggest copytrading farmers, OF girls, and now “Creepy Rasmr” who’s dming every crypto egirl harassing them. The dogshit app may as well sponsor Hayden Davis next. If any other crypto egirls has been getting dmed and harassed by “Creepy Rasmr” dm me immediately. Beep Boop.


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The Glitch King أُعيد تغريده

@runews @elonmusk @nikitabier That's automated, someone spam reported you proly, and they will see it is a nonsense.
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@elonmusk We are not extinct...yet.
But some beings are going extinct in real time, and little to nothing is being done to prevent it.
Humanity recovers quickest.
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@WarMonitor3 Out of all things that never happened this one never happened the most.
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The Glitch King أُعيد تغريده

@cryptoupdate_io @saylor This evaluation was compared to ETH, but however.
It is ungoverned.
Only one.
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Imam Khamenei, the martyred leader of Iran, was on a visit to Yugoslavia in 1898.
It was noted that he visited Bosnian Muslims and some other Muslim groups within.
It is correct that Khamenei supported Bosniaks during the war, but wait a second: did he have anyone else to support in entire Europe? Nope.
What went under the radar was that he met with Milošević as well.
There, he said to Milošević, even before the war started:
"Just so you know, the Globalists will come to take away Kosovo from you, and if you wonder how I know that, it is because they wanted me to participate in their crime, and create Iran's proxy over there"
"I declined to be part of that criminal made up."
Iran never recognized Kosovo, not now or ever
Срби, дођите себи, ако немате коме.

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@TGKContent This fucking asshole blocked me. A stupid Israel-loving Serb!!! x.com/OfficialJovici…
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This can't ever happen in the Balkans, you know why?
Because they would be eating on a straw for a long time.
This is why they destroyed your communities first.
You need to gather up and beat the fuk out of every single one of them.
When the state is sold out, the people need to take stuff into their own hands.
Isaac@isaacrrr7
¿Por qué los musulmanes odian tanto a las personas que los acogieron como refugiados? ¿NINGUNA GRATITUD? Una anciana blanca está siendo pisoteada por musulmanes en una parada de tren.
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