Blunt
32.4K posts
@BluntCap
Magic internet money | Stacking Sats and memes | advisor | @boxdotfun
Earlier today I made a big move in anticipation of this announcement. In a single transaction, I locked 500 million coins...forever. A movement does not belong to the person who lit the match. It belongs to the people who carry the flames. As I’ve mentioned publicly, I’m dealing with an ongoing family crisis involving my children. It has taken a real toll on my mental health. On top of that, the daily pressure of “do more to pump our bags” - when I’ve already done more than any person leading a CTO in this space ever has - is disheartening at best. And beyond all of that, I’m losing some of my passion for crypto in general. For $WhiteWhale holders: yes, there is a continuity plan. While permanently locking $13 million worth of supply should be the greatest parting gift I could give you, I know the @WhiteWhaleMeme page needs to stay active and keep producing fresh, creative, and funny content. My dear friend and loyal companion @vincenzomaiett has agreed to selflessly take on that responsibility. DEX LP operations will also continue under one of the sharpest LP minds I know, with my ongoing oversight behind the scenes. When you look at my record - with millions given to charities on-chain, millions distributed to members of CT, and millions more spent accumulating a more proper supply structure for $WhiteWhale - the reality is that, since 10/10, I have officially given more to crypto than I’ve taken from it. I’m okay with that. I believe in karma. I don’t believe good deeds should be performed with the expectation of reward, but I do believe the universe provides in due course. I came into crypto deeply passionate about what I believed it represented: the original promise. Permissionless finance. Decentralization. True financial freedom. Ironically, the reason for my prior success in this space is the same reason I’m now losing my passion for it. Before 10/10, I had accumulated nearly $100 million in PnL from a trading thesis that began with a very simple assumption: everything is manipulated. From there, my thesis evolved into this: a trader’s job is to identify the signs of manipulation and move in harmony with the Apex Predator class, rather than becoming its prey. Eventually I had to confront the contradiction in that. How can I be passionate about free and open finance while operating under a thesis that says, at its core, it’s all a lie? That kind of cognitive dissonance has a cost. It shows up as stress, guilt, shame, and anxiety when your actions no longer align with your beliefs. Knowing something academically - and even profiting from that knowledge - is one thing. Seeing how the sausage is made with your own eyes is another. Running a coin opened my eyes to a lot. On one hand, if I ever go back to trading, I’ll be better equipped than ever, with sharper instincts and a deeper understanding of the brutal arena that is crypto. On the other hand, it’s hard to feel excited about magic internet money when you know how much of this space actually works. The sad truth is that founders and thought leaders in this space know what I know, and many of them know much more. That is part of why we need to break the culture of idolizing founders. We praise them as honorable people building better tools, but underneath it all, they know just as well as I do that much of what they are building on top of is rotten to the core. And yes, I believe a beautiful cake sitting on a pile of dung eventually takes on the taint of dung. But the reality is that there is not much anyone can do about it. That is one of the consequences of so-called decentralization. Crypto is global. You cannot regulate an entire planet. A VPN and a protocol hiding behind the letters D-E-X mean that nothing will ever fundamentally change because somebody in power decided it should. If real change comes, it will come organically - when the people stop feeding the machine. And while those comments are about crypto more broadly, let me say something directly to the trenches. Pump.fun is a cancer on this space. You know it, I know it, and yet you keep engaging with it. Its entire business model is built on volume and volatility. The trenches are fragile because they were designed to be fragile. I’ve been preaching liquidity design and liquidity shape for months now. But here’s the harder truth: most of you would not show up for a proper liquidity shape. Because the 1,000x fantasy would be mathematically reduced, even though very generous returns could still remain on the table. You have been sold a dream with odds closer to a national lottery ticket than an investment opportunity. You see the occasional winner and cling to the hope that one day it might be you. Meanwhile, the real winner is the machine that keeps you playing. Narrative matters far less than mechanics. If narrative alone were enough, Punch would have broken through the way its mindshare deserved. With all that attention, and with all that narrative weight, it still could not break the nine-figure curse even while being actively crimed. Only a couple of coins have managed that in recent history, and $WhiteWhale was proudly the first. Same with Kilroy - the original meme, an incredible narrative, and still: crickets. Because mechanics matter more than people want to admit. (I am not an active holder of any examples I've given). So this is me stepping away from CT. Not out of hatred. Not out of self-pity. And not without love. My biggest reward from my crypto journey has been meeting some really wonderful avatars from all across the globe. (Ironically the really nasty avatars are the worst part of all of this) I am choosing my children. I am choosing my mental health. I am choosing to step back before this space takes any more from me than I’m willing to give. For long ago in life I learned that you're no good to anyone if you're not okay. And right now, I'm not ok. And it's okay to admit that. To the people who truly believe in me, believe in this movement, and stood beside me through all of it - thank you. I will carry that with me. Always. This was always for you. I trust you'll continue to bear the torch. And as for the future: I’m not closing the door. Maybe one day, when the storm has passed and the fire returns, I’ll have something left to say. Maybe one day I’ll come back. But if that day comes, it will be because it’s authentic and not because I feel the public pressure to "dance puppet, dance". In the mean time...take care of yourself, and each other. Protect what's worth protecting, and abandon the things that aren't. 🫡 From the depths — The White Whale 🐋
1/ Almost 2 months ago I launched $WhiteWhale. It bonded and topped around 80k, then died after the White Whale got multiple of my accounts banned (@thewhitewhaleV1 @thewhitewhaleV3) and kept publicly fudding the coin, saying he’d never launch or endorse a memecoin. For two months my team and I made a ton of viral memes and turned them into a sticker pack getting used in tons of Telegram chats. We spun up a new White Whale meme account @WhitestWhaleV7 just to post the memes so they’d get more exposure on the timeline.
Two months ago, USD1 supply on @solana sat at $160M. It has since grown 5x to $855M, running $200-$300M in daily volume. Thank you to @raydium @bonkfun @SteakhouseFi @kamino @Zebec_HQ @Titan_Exchange @TrojanOnSolana @gmgnai and every team building alongside us.
When you can influence BIG MONEY to move around based on news, you have very limited ammunition. Teams in crypto know this very well. You can't spam announcements. If anything, we all know that teasing the IDEA of something is often better than releasing it. Speculation is what the market feeds on. The market has always been a case of "buy the rumour and sell the news" [other than a few rare cases]. Trump has only a few bullets in his possession to "save" the market in terms of his announcements. The more he fires at once, the less impact his bullets have. Spray and pray versus precision shots. He's saved his bullets for key moments, relating directly to pivotal moments in the SP500. Let the market bleed and before it looks overly bleak, save it. This is common sense, right? I agree. But the one thing that people aren't realizing yet is what happens when all credibility is lost. When "buy the rumour" is repeated so many times [in this case, a peace deal or similar] that it is rendered ineffective. In that case, it becomes a sell the rumour. Do you understand? Eventually, Trump's fake news will lead to more sell-offs and his capacity to save the market will be finished. This is when we'll see real capitulation. It's a ticking time bomb and he knows it. ~ Dr. Axius.
Falling in Love with Sophieraiin
$Whitwhale and $Pigeon are both interesting candidates. On the last run, $Whitewhale lacked demand. But if it dips to 15M or people here get their bags to hold, I think real momentum will start alongside majors moving up, and then a potential run to ATH can happen with strategic support from Whitewhale himself. $Pigeon looks like a bid here. Right now people are not looking to hold a token that’s already had a 9 figure run. @level941 seems to be locked in. Whales, Penguins, Monkeys and Pigeons. It is what it is.
Season 3 - Part Two This movement has never been about a single individual. It is about each and every single member of the community that continues to take a stand against max extraction and paid influence. Today the Treasury has permanently locked 500M coins. Combined with prior locks, this represents well over half of the total supply. A $13M move. For you. It's always been for you. app.streamflow.finance/contract/solan…
