internet ghost

👇 Referral codes for closed beta 👇 09SSEFN62WEHHGYT 6MS5QDE2718797P9 VSC1Z4J5MA1CFV6R SZZEBAJ86DAXTSH6 KWJCNS15S7J5EVCZ 180m volume in closed beta pretty hot

@LanternStake So good

Your SOL is staked The yield just sits there Introducing Wick 🧵

i woke up to Arkham, Wublockchain and several crypto publications posting about how i'm 'down $20 million' on $USELESS and my public wallet holdings naturally, an army of smaller accounts started pontificating about how i'm stupid and should have sold the top to put an end to the pocket-watching, i have moved all of my $USELESS tokens from my public wallet to my CEX account for a number of reasons TLDR: moving my $USELESS from my public wallet has nothing to do with price. it's about OPSEC, reducing pocket-watching narratives, and managing risk more rationally. three reasons: 1. whether or not i hold publicly is completely irrelevant to the success or failure of a project; bad coins i've bought and held on the public wallet have gone to zero, good coins i've sold have done well regardless of my selling for example: • the fact that i publicly held and relentlessly bullposted USELESS did not prevent it from dropping 90% like every other memecoin (or altcoin) does when market conditions get tough • i haven't posted about USELESS for a week now. the fact that i stopped aggressively bullposting USELESS has not prevented it from being the fastest horse at the slightest sign of life in the market; e.g. at the slightest sign of relief in the market it's up 16% today at the time of writing (the most of any established memecoin) • objectively: USELESS has consistently done over $10m in daily volume for months now, even at its lows and despite memecoins having been weak in general. it has also maintained a minimum 25–30% Vol/Mkt Cap ratio, which is among the highest for a memecoin in the space and shows it is extremely liquid for its market cap 2. holding publicly is a net negative for me and the project 'SPX is going to nuke to zero if Murad ever moves a token' 'USELESS is done if bonk guy ever transfers a token' sounds familiar? while i don't think either statement is true, a good number of people believe it to be true... and some might want to act on it if USELESS hits my target and i move tokens or start selling if relentless bullposting or holding tokens publicly doesn't positively impact the price at this point, then keeping them in a wallet that lets people zero in on every move i make is just stupid objectively, the market has already shown that my public holdings have no measurable impact on price and tbh that's not the kind of sentiment i want around the project when it's back at ATH or in the billions and i choose to move or sell my tokens besides, it's strategically better to move the tokens now at the bottom than when the project is back at ATH or at billions where people will be laser focused on me moving eight figures' worth of tokens 3. it's better OPSEC to move many might not know this, but my public wallet is a BonkBot wallet (i.e. the popular Telegram bot) i set it up randomly back in the day as a tool for degen trades, and i ended up making some high profile, highly successful trades on it while the BonkBot team has shown strong character and the bot has been very secure so far, the reality is that this is crypto. lots of high profile bots and web terminals have been exploited in the past, resulting in loss of user funds i do not expect BonkBot to get hacked (they've proven to be very competent), but it was plain stupid and ridiculous for me to hold USELESS to eight figures in a TG bot and to still have seven figures worth of value sitting there right now if something like that ever happened, it would create bigger problems and pose a larger threat to tokens i hold there since a hacker would suddenly have a lot of supply to dump in addition to USELESS, i'll soon be moving anything of high value away from that wallet tbh i have long contemplated how to go about moving tokens in that wallet in a way that best minimizes FUD, and i once considered setting up a multisig wallet for this purpose but after seeing the relentless pocketwatching, and especially the extreme insensitivity from countless random anons — many of whom have not made a single successful public trade — even after i got wiped out of eight figures on 10/10... i realized something i've got nothing to prove to anyone i mean, i literally give zero fcks anymore will i be selling my USELESS here? No. i'm holding it to ATHs and beyond, GOD WILLING i maintain my conviction that this is going to billions however, i will no longer keep high-profile positions in a public wallet that gives mostly unqualified random anons the pleasure of pocket-watching and overanalyzing my every move i should also note: i have a recent sizeable USELESS perps position opened from much lower on Lighter. that position is untouched since Lighter is probably the best place to trade USELESS perps at the moment i'm not moving that like i'm doing with my spot position, but that could be a short/mid/long term trade depending on market conditions my spot bag is different. i do not intend to touch it soon and will likely continue compounding for as long as price remains attractive outside of the prying eyes going forward the thesis hasn't changed i'm still holding $USELESS to ATHs and beyond, GOD WILLING

We’re heading to RENDR Festival! Cab has been invited to keynote on digital collectibles and next-gen franchise building, alongside majors like K-Pop Demon Hunters, Toy Story, Fallout, Stranger Things, and more. RENDR is a two-day creativity & tech festival in Belfast that celebrates how modern entertainment (from film and TV to games, animation, and immersive tech) is being made and shared.

So here’s the issue you get influencers like this guy have a quarter million followers and they claim they don’t know why it is declining… it’s because they don’t understand basic mechanics of price discovery. They don’t understand that the marginal buyers or the float determines price they think the onchain bitcoin is that is the price discovery Well, it was once upon a time but now.. Once you can synthetically manufacture the supply, the asset is no longer scarce and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market. This is exactly what has happened to Bitcoin. This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated. The original premise that no longer exists Bitcoin’s entire valuation logic was built on finite supply (21M) and inability to be rehypothecated. That died the moment: •Cash-settled futures •Perpetual swaps •Options •ETFs •Prime broker lending •Wrapped BTC •Total return swaps were layered on top of the chain. From that moment forward: Bitcoin supply became theoretically infinite. Not on-chain in price discovery. The metric that explains the collapse Synthetic Float Ratio (SFR) Once you can synthetically manufacture the supply, the asset is no longer scarce — and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market. That is exactly what has happened to Bitcoin. This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated. Why Wall Street can now “trade against” Bitcoin They do exactly what they’ve done in every commodity market: 1.Create unlimited paper BTC 2.Short into rallies 3.Force liquidations 4.Cover lower 5.Repeat They are not “betting” — they are manufacturing inventory. The same 1 BTC can now support: •An ETF unit •A futures contract •A perpetual swap •An options delta •A broker loan •A structured note All at once. That is six claims on one coin. That is not a market. That is a fractional reserve price system.

A lot of criticism to Bonkfun has been flooding the timeline this past days. I have read and agree with a lot of it, however I did not read a lot of proposals for improvements and thats how we move forward. That said, below I share my proposal. Appreciate whoever can read and point out improvements/ weak spots. Bonkfun USD1 Rewards Program Proposal Weighted, multi‑factor reward system for users and partner projects. The Bonkfun USD1 rewards program is designed to incentivize healthy trading behavior, increase platform engagement, and support both established and emerging tokens. It uses a weighted level system, where participants accumulate points based on performance across multiple dimensions. These points determine each participant’s reward tier and corresponding share of the USD1 reward pool. A) Reward Program for Users The user reward framework allocates four equally weighted components (25% each) to balance incentives between large traders, small traders, active traders, and patient holders. This ensures the program does not disproportionately favor whales or hyperactive trading — but rewards a mix of behaviors. 1) Realized Absolute PnL (25%) Goal: Reward users who generate high absolute profit. This favors larger players who trade with significant size. Scoring is based on realized profit measured in USD. Encourages volume and platform liquidity. 2) Realized Percentage PnL (25%) Goal: Reward small accounts and efficient trading. This metric neutralizes trade size by focusing on percentage-based performance. Smaller accounts can outperform through skill rather than capital. Encourages strategic, high-return trading. 3) Number of Trades (25%) Goal: Incentivize frequent engagement and platform usage. More trades = more points (with anti-spam throttling). Encourages consistent participation without wash trading. This boosts daily active users and transactional metrics. 4) Average Time Held (25%) Goal: Reward patience and thoughtful trading. Points increase the longer a user holds a position before closing it. Encourages more stable trading behavior. Balances the “number of trades” metric to prevent hyper-churning. B) Reward Program for Projects Projects listed or participating in Bonkfun can also earn a share of USD1 rewards. This attracts new tokens, encourages liquidity, and drives healthy ecosystem behaviors. Each metric has equal weight (25%). 1) Absolute Token Volume (25%) Goal: Reward high‑traffic, highly traded tokens. More overall trading volume = more rewards for the project. Encourages campaigns to drive trader activity. This gives established tokens a predictable and fair path to rewards. 2) Volume Relative to Market Cap (25%) Goal: Give small/new tokens a fair chance. Measures how active a token is relative to its size. Helps leveling the playing field for small caps and encourages discovery and supports early‑stage ecosystems. 3) Average Holder Time (25%) Goal: Encourage projects whose traders behave sustainably. Longer holding periods indicate stronger investor confidence. Discourages pump‑and‑dump dynamics. Tokens with stable communities are rewarded. 4) Price Performance (25%) Goal: Reward projects that perform well during the rewards window. Measures positive price appreciation, adjusted to prevent manipulation. Encourages projects to focus on fundamentals and real traction. Anti‑manipulation mechanisms (e.g., smoothing, capped scoring) can be applied. Anti‑Gaming & Fairness Mechanisms To ensure system integrity, Bonkfun integrates: • Anti‑wash-trading heuristics detects irregular trade patterns, circular trading, zero‑spread trades, or self‑interactions. • Time‑weighted scoring discourages rapid fake turnover. • Normalization curves prevent whales or single‑metric exploitation. • Market manipulation filters price or volume anomalies are flagged and smoothed. These safeguards ensure rewards reflect real value addition.

USD1 Szn is heating up 🦅☝️

It begins - QE

BREAKING: In the past 24 hours, USD1 has done more volume on Solana than ETH and BSC combined.

. @GraphiteProto is 40% of the bonk cash cow they’re claiming back stops a billion dollar meme $GP is the best r/r play in the whole space once again, emissions reduced and now well under buyback pressure. @worldlibertyfi partner for $USD1 launches This time will be different ☝️

👀☝️

7.67% of Bonk’s revenues are routed into buying $GP. At current volumes, that’s already ~$20k of daily buy pressure. I’m extremely bullish on $GP because its growth isn’t meme-like. Memes will come and go but $GP will always maintain relevancy. It’s fundamentally tied to Bonkfun’s volume hence as long as activity on Bonkfun scales, $GP scales with it. Simple. During the last Bonk szn, when volumes went parabolic, daily revenues ran into 7 figures. At those levels, we’re looking at $200k-$300k+ in daily $GP buy pressure. Important context: the previous Bonk mania didn’t even have USD1. This cycle does. I fully expect Bonk volumes to be 2x+ the peak of what we saw last time. $GP at $0.64 is mispriced relative to that setup. Send it to $20

$GP might be the most undervalued token on SOL With $PUMP doing nothing to save the trenches and $BONK gaining market share again after partnering with $WLFI, it's important to understand the potential of @GraphiteProto Let's break it down. 🧵

We have already had a total of 5 teams reach out since yesterday asking whether we can help their protocol through strategic acquirement or by lending resources. Resources are limited and if we take on anything new it has to be something with strong potential to generate meaningful revenue and direct cash into the protocol and the token and something we are confident we can genuinely add value to. There are some very interesting proposals and targets on the table and we are excited to keep growing the protocol and its cash flow and to make GP a household name. In the growth stage 🫡

Bullish

It’s been awesome seeing people who previously left the project coming back. Since we keep getting questions like “what did I miss?”, here’s a quick rundown 👇 Emissions: now fully delta neutral and EV positive A lot changed after many people left: • We upgraded emissions so the staking contract can’t emit more than we buy. Period. • That means 0 dilution for GP holders. • If revenue goes crazy again, we can speedrun emissions and finish them very quickly while making sure that every dollar we emit has a marginal dollar being bought back. This is the first truly dynamic emissions design we’ve seen live. - Growing the protocol through distressed assets We are actively: • Hunting distressed assets that we know we can fix or level up. • Using our resources and playbook to take over and plug them into our ecosystem. • Adding more underlying value to the protocol, which means more value accrual for GP. We have already submitted a proposal to acquire @AdrenaProtocol (perps DEX), and there are more targets lined up if this one does not go through. - New communications team member: We’ve brought on a new communications team member: @MilstGuga You can ping or spam them for updates so the rest of the team can stay focused on building. - @LiveBonk is back @LiveBonk has been restarted with launches like: @MysticDaoSol @DabbaNetwork These launches benefit holders through: • Allocations • Sometimes airdrops • Additional revenue for the protocol BONK Live is an ICM division we ran long before @bonkfun, with proof of history behind it, so this is not some new meta we are suddenly pivoting into. Right now the $GP team is focused on what we do best: building. Huge changes to @bonkfun are on the way. We are running it back, but this time with improved fundamentals at the token level and a more robust, value accruing structure for holders.

@macbrennan_cc Hey what happened to margin fi points?

> entire personality is that he made $100M (we get it) > is entirely miserable behind the scenes > has openly extorted projects when they didn’t give him a big enough airdrop > has name-called me every name in the book (i refuse to return the favor and instead deal with him nicely) > hates me because i have a spine, tell him when he’s wrong (without calling him a name), and don’t care that he can deposit $10M into my protocol > logs and twitter and takes cheap shots at me 1x/week > blocks me so that I can’t reply > has zero clue the things he comments on regarding me, my team, or any of that > refuses to get on a call with me where I’d be happy to answer any questions — If I’m ever this miserable after retiring, just know I’ve failed terribly at life

Learning to sell and play defense is the hardest part of the game. You get hit with insane fomo, hatred, etc etc. Everyone thinks they can time it perfectly, how many actually do? I'm still learning a lot, but I know one thing for a fact, from last cycle to this cycle my trading is 100x better, and i hope to continue to improve with the crew that is formed with that goal in mind.

There’s an 800lb AI gorilla in the room and nobody is addressing it. If you’re a studio and you’re not using AI, someone else will, you’ll get underbid, and go out of business. Oh, the quality isn’t there? Sure. Not today, but without a doubt AI will reduce costs immensely. If you fall behind, you lose. Either you get outbid on outside work, or you are limited to far fewer iterations than your competitors so you’re taking fewer swing at bat. You’ll lose eventually. For some reason this is controversial though. With who? Creative talent. This is beyond ridiculous. If you’re a creative worker, you’ve been gatekept your whole career. No animator, writer, author, actor or director can produce anything on their own. They need a ton of people. That is: Money. 99% of creative workers don’t even have the liberty to be creative in their day job. Now, with the advent of AI, you can actually fill in the gaps, take your ideas, and bring them to life with far fewer people, or maybe even on your own. That’s called empowerement. That’s a win. Yes, it brings competition. But yes, that’s also a good thing. But alas, the 800lb gorilla sits watching as studios and creative workers stumble over one another pretending it doesn’t exist, awaiting the inevitable. Here’s what the future holds: - first studios to use AI without obvious detriment to quality will reduce costs immensely. When this happens, it will happen quickly. -these studios will win all new business and create most of the content - ⁠majority of studios will close down and go out of business (this is already happening) - ⁠distribution and content buyers will flock to a “more content” model, in an already abundant content world they will spend that excess budget on celebrity headliners and star value + marketing - ⁠eventually someone will try and create their own celebrity. Totally AI, without the population knowing. It’ll be discovered. - ⁠chaos ensues, as people worry about what is or isn’t real -“human touch” becomes a point of real value - ⁠enter verified humanity: blockchain/smart contract powered and trusted. - ⁠now studios are faced with dark days. They can’t fake it and content slop is in overflow mode. - big studios will shutter or sell at discounts. - ⁠enter new economic models that confer value where it is scarcest > attention > fans > real verified human fans. - ⁠authentic and verified intelligence systems that know what real people want becomes the only signal that matters This is what @HeebooOfficial does. 1. An evolved economic model for a new era of technology and value distribution. 2. A developed intelligence system for understanding human attention and desire. Oh, and if you’re a creative worker, unsure of the future, well, it is fierce. It is competitive. It is hard. But it is also fair and open. No gatekeepers. Open for creation.