fomotrader

Crypto Twitter is full of success stories of people going from broke to riches and to a lot of us it just looks like they woke up and made millions from day one. I'll journal my crypto journey with numbers so you can all get a more realistic outlook on

@Linkkzyy He is a retard

I’m sorry but are you guys retarded or just blatantly trying to be pump fun aggitators. PvP has existed for a year and a half. KOLs would miss shit all the time and try to PvP so much so you had to buy 15-20% of every version of a coin. Then Nero happened and normalised it.

@Phineas_Sol Fascinating stats and could you do some more analysis to find out percentage of his wins that are from his deploys. Surely he can't be deploying that much right? This seems like mostly skill to me

Cented 10M profit Breakdown. In the past days, I’ve seen tons of posts criticizing the way Cented trades and operates but let’s look at the stats. (All the data has been taken from Cielo Finance, from my experience it’s pretty accurate) Total trades: 308,666 Win rate: 62.3% • 192,300 winning trades • 116,300 losing trades • Median hold time: 7 seconds Total profit: $10.21M • Avg profit per trade: $33 • 845 trades per day • 35 trades per hour (on average) • Daily avg profit: $28K • Monthly avg profit: $850K His wallet often gets flagged as a MEV bot because of how insane the stats are. I think that maintaining this level of consistency, speed, and performance over time is extremely rare and honestly admirable, especially knowing there’s a real person behind these trades. On the topic of creating tokens, In Cented’s case specifically, it’s hard to argue necessity. With this level of trading performance, it likely doesn’t make a real financial difference, so yeah, I think he could have avoided that. Also for the people accusing him of just dumping on his copy traders, I think if it was that easy, everyone would do it. If I was getting dumped on daily, losing money and getting farmed by the same guy, I’d simply stop copy trading him. So yeah, I think there is more than that. i'm not trying to glaze him or defend him with this post, just sharing my point of view.

@remusofmars @solanalabs @anza_xyz @SolanaFndn @calilyliu I think launchpads like pumpfun have to take the creator fees and reward deployers that try to bag work. If one does'nt take their fees and distribute to the holders. But it's hard and needs to be solved. Also axiom needs to stop letting people use 100s of wallets

@FomoTrader @solanalabs @anza_xyz @SolanaFndn @calilyliu your correct stopping them is impossible but I don’t think that means you should encourage them / it would be better to be constantly trying to stop them (even if you know you can’t fully do so)

Pump Fun & Sol Foundation should devote a massive amount of resources to stopping serial devs (they do the exact opposite right now, encouraging these scum to deploy as many versions of every token as possible so you rotate between them all as they sell them all to you).

@remusofmars @solanalabs @anza_xyz @SolanaFndn @calilyliu Pumpfun democratized deployments, meaning anyone can deploy and then you things like Uxento and Rapidlaunch. It all became too easy, and launchpads are incentivized to encourage serial deployers to deploy. Finally you have axiom which made multi walleting trivial.

@remusofmars @solanalabs @anza_xyz @SolanaFndn @calilyliu Ah yes you are right, honestly stopping serial deployers is next to impossible on a decentralized chain. The issue was also present during ETH days, the main difference was back then only those that could be bothered to learn how to deploy, would deploy.

@a1lon9 @Pumpfun Your platform is cancerous to the space as a whole because you only care about launches and enable bad actors to launch their scams.

@Pumpfun let’s run it the fuck back.

bring back bag working bring back MAX RAIDS!!! bring back telegram voice chats fuck it, bring buybots back too

@SolportTom @bonkfun Tom please check your dm :)

In order for @bonkfun to compete at the highest levels again the infrastructure we have needs to be way better. That is why we're aggressively reaching out to people, bringing people on the team etc aggressively even in a bear market. Times are changing and we must change with it, but we need to make sure the change we're doing is the right one the people aka you actually want. I'm aware the main thing people want is number go up but better infrastructure & systems in place will only help that happen and actually help is sustain. We're not there today but we'll be there soon and it'll show.

@daumenxyz There were multiple reasons why coins ran so well on ETH, but one of the main reasons was liquidity was thicker. PF originally was fine when they used raydium but Pumpswap has deliberately ensured pools are thinner. How is that not contributing to lower token ceilings?

What is the real problem? Lack of higher ceilings. Here's why. (This is on my pinned post btw) I was listening to One Night With Steiny, the podcast. Mid pod, he does an ad for Moonpay. In that ad, he says how big "solana memecoins" are, and how a trader "turned $300 into $1 million on a token called white whale and became a millionaire in 1 month". You can say whatever you want about LP to market cap ratio, but the more you increase LPs, the harder it will be for tokens to go up. The harder it will be for these PNLs to pop up. And this is still the main onboarding mechanism, whether you like it or not. The only people disagreeing are the ones who know how to scalp new launchpad updates. And there's nothing wrong with that. But let's not pretend that the main problem is not the lack of big market caps -> big pnls. "Pump updates just allow for more coins to be vamped" This is actually the most insane statement I've seen. You are given more options, that's what it is! Someone is a chat said "now, we got 5 options (cashback, dev fees, agent), which means 5 diff vamps 5 diff vamps?!??!?! HOW? A github narra doesn't make sense to have cashback!! Or a random token doesn't make sense to exist without cashback. Please, this is terrible; this behavior. The issue is WE NEED HIGHER CEILINGS.

@SolportTom Tom please check your dm

Started working on potential ways to solve vamps once and for all. There’s no liquidity to have 5 vamps of the same coin anymore, If anyone is passionate about this change let’s brainstorm can share what we’ve already built etc. But it’s not as simple to solve as most people think that’s for sure.

@SolportTom Please do not do it, that’s how these idiots managed to get the open claw founder to hate everything crypto

Getting a lot of people messaging me saying to add fee redirects to random accounts/githubs and all I can think to myself is why. I don’t see any net positive to the space by begging some random who doesn’t want anything to do with crypto to claim fees but maybe I’m missing the point. What’s the general consensus on this?

@json1444 Pumpfun makes life easy for scammers, encourages everyone to use their platform to create. It’s nonsense that you claim the issue is lack of liquidity

PVP has been a massive point of contention over the past few days, and many plead for a fix from the launchpad layer. however, I believe the causation of PVP is misguided and isn’t the result of the launchpad, but a result of: 1) broader liquidity leaving the market 2) behavioral problems it’s no secret that we’re in a bear market & more liquidity has left the market than has entered over the past 6 months, hence why ceilings are much lower & opportunity feels scarce with lower liquidity & lower ceilings comes the desire to find edge elsewhere. if traders know they’re not going to succeed holding, and they can't beat other traders, there may be edge in redeploying an already successful coin; whether it’s under the guise of a better ticker, image, has tracked wallets, fee distributions, etc. while I think this behavior is incredibly destructive, I believe it is a permanent pendulum, and I believe we're currently at the extreme end of that pendulum, which is why we’re experiencing incessant & unrelenting PVP compared to what we see in a bull market (PVP exists, but faces nowhere near the level of participation as we see now)

@dan123 Incentive mismatch Pumpfun benefit from mass deploys on their platform. The more trading volume all the PvP launches get the more they make. That’s why they don’t combat the rampant fraud and just turn a blind eye to it.

There surely is a super easy way to remove most of the slop deploys and that’s to introduce a deploy fee. Removes all of the auto deploys and mass deploys of tokens. The only reason why I assume pumpfun havent added this is assuming it would mean less revenue? But I’m not sure. @json1444 pls share info if you have any as to why it is or isn’t a bad idea

@palesteezi @971AlSaadi Shaloom goblin

@FomoTrader @971AlSaadi Cry again

You are a clown Sneako. You and that whole influencer circle treat Islam like content for clicks in the US. To us you are not voices you are noise. A waste. An embarrassment. You do not represent Muslims and you definitely do not represent people from this region You speak on the Middle East like it is a podcast topic. You have no idea what we have lived through, the conflicts, the compromises, the constant effort just to keep some form of stability and peace. But that is the pattern. Muslim or not you carry the same Western mindset. The same arrogance that assumes you can lecture us on what is best for us This is not new from our lenses. It is just repackaged. The West does not need to dictate directly anymore. It uses people like you. Familiar faces, Muslim converts that rather than learn more about their faith, they go for fame and money, spreading confusion distortion and division

@abdelhakimc26 @971AlSaadi It's the fact that they took advantage of a Muslim country weakened by internal power struggles that stinks. They also paid a swiss firm to run islamophobic campaings in the west. Emiratis don't understand just how much of a negative impact his nation has had on the ummah

@FomoTrader @971AlSaadi I won't deny their Machiavellic way of conducting geopolitics, but the Sudan situation is their own doing, the UAE didn't plunge them into this chaos, they did, and the UAE (and other states) take advantage of it, same with the Houthis, they became a direct threat to KSA.

@971AlSaadi Majed your country has been conducting themselves in a despicable manner, spreading fitnah and destruction all over. Take a moment to reflect on where you lot are going because if your generation don’t make drastic changes you’re in for a rough time.

@971AlSaadi You destroy Sudan, ruin Yemen, have close ties to Israel and now talk about struggles you’ve faced. The real struggles were faced by the founder of your country who united all the tribes and saved you lot. He would be ashamed to see what u did to the country he left behind.

I don't get how you are considered unemployable past 70-80 years old and yet that's the age group exclusively running most countries

@TheShamdoo Any chance you guys can attempt to solve the rampant fraud that PF just tends to ignore as it helps them financially?

Ran a simulation of our bonding curve vs PumpAMM. 200 users buy, 150 sell. Traditional AMM recovers 2.60 / 50 SOL for late buyers. Our system recovers 15.75 / 50 SOL. 6x more back in the hands of late-stage participants. floor price curves > constant product for downside protection. more soon.

@crypCE0 @a1lon9 Goy they don’t care

yo @a1lon9 you wouldn't be here if it wasn't us launching, buying and shilling coins back in 2024. micro buying low caps to stay on the front page vibing on TG groups for hours onboarding all our NFT frens if you move cross-chain before airdropping to your real sd1 the disappointment will be felt