KITH 👑

1.6K posts

KITH 👑 banner
KITH 👑

KITH 👑

@callmekith

In the trenches / Documenting my journey

Katılım Mayıs 2016
678 Takip Edilen806 Takipçiler
KITH 👑
KITH 👑@callmekith·
I’m not here to hate on launchpads or to take sides. I actually agree that some people / KOLs pushed a wrong narrative by claiming that $130M would be used for memecoins. To be fair WLFI themselves were relatively clear about their intentions. If others chose to interpret or relay it incorrectly that’s on them. What really interests me here is @Pumpfun and the fund they publicly allocated to “support organic communities.” I remember that announcement very well because I was a holder of one of those organic projects : $SALARY And what happened? When the market started to correct, @pumpfun kept generating massive fees… But instead of supporting organic communities they used those fees to buy back $PUMP a token that still went on to lose ~70%. Why? Because the reality is simple they dump their own supply aggressively into the volume created by those buybacks. So in the end this whole narrative about “supporting the ecosystem” through buybacks is mostly smoke and mirrors. It conveniently hides the real exit, dumping a token they clearly don’t believe in long term. Meanwhile organic communities, the ones that spent months building, grinding, creating culture and indirectly promoting the launchpad itself got nothing. No support. No buybacks. No recognition. Just abandonment. Let’s make this very simple. Out of the billions used for buybacks imagine if they had allocated just 10%, say $100M, to selectively support proven organic projects. What would that have done? • It would have rewarded long-term builders instead of pure gamblers • It would have slowed down the dopamine / gambling-only meta • It would have financially incentivized others to build instead of flip • It would have created real success stories for the platform • It would have given @pumpfun long-term, positive visibility Instead what do we have today? • Only insiders win • Bundlers extract value • Organic builders get farmed • Buybacks only benefit a token the team can dump for free Let’s not forget something fundamental : These companies succeed only because projects launched on them promote them. If tomorrow no organic project launches or succeeds on @pumpfun visibility disappears and the machine collapses. That’s exactly what we’re starting to see. No airdrop. No support for organic communities. Only buybacks for a token where only the team can be profitable. So far every launchpad trying to “compete” with @pumpfun has copied the exact same model just trying to steal market share. That makes them complicit not revolutionary. Sometimes broken systems don’t die because of innovation they die because users walk away. See you in 2027.
T1H@tier1haterr

I don't believe it has to do with @mellometrics and the entire @worldlibertyfi bloc celebrating the volume surge prematurely but rather the constant misinformation being spread. - The entire reason behind the sudden surge of volume had to do with people pushing the narrative of WLFI "injecting" $130M from their latest DAO proposal into USD1 memes, thus creating a cycle of misinformation that traders eagerly front-ran. - The proposal wasn’t even passed at the time. And it clearly states that only 5% of the unlocked treasury could be used. The $130M figure was never liquid USD1. It refers to unlocked WLFI treasury value, of which less than 5% may be used over time as to support USD1 😭😭 - Many KOLs were quietly insinuating behind closed doors that the $130M was ready to be deployed into memes. That was never the case, and it was clear misinformation once again. - With Bonk/Raydium/WLFI, it's pretty clear. They are openly affiliated with some of the biggest grifters in this space, such as Marcell, CookerFlips and many more and constantly spread misinformation for short term hype / volume. - People aren't retarded to fall for the same tricks over and over again. Like it or not, this market has grown up. Most people see the narrative shaping, ulterior motives and politics being played behind closed doors. Whether people like it or not, launchpads fighting for mindshare forces everyone’s hand, and that’s usually good for participants. ~ TIER1HATER

English
2
1
8
761
KITH 👑
KITH 👑@callmekith·
They are not builders. @bonkfun and @Raydium are the politicians of Solana’s memecoin ecosystem. The same kind that ruined entire countries especially Europe now a shithole for regular people. They took every possible decision to sabotage their own launchpad and the projects that chose to build on it. Exactly like politicians stacking taxes, laws and constraints until doing business on their territory becomes impossible. So what happens next? Projects leave. Just like people are leaving Europe in mass to move to countries where entrepreneurship is encouraged not punished. And the funniest part? When projects start to complain, protest and demand change these ecosystem leaders answer exactly like real politicians: “It’s your fault” Same script every time. In the real world citizens protest and politicians tell them to stop then send tear gas and batons. In crypto builders protest since months and they get blamed, silenced, ignored. Unfortunately @worldlibertyfi and to its leaders @mellometrics @WatcherChase @zakfolkman Trusted politicians at the end of their cycle. Leaders corrupted by years of extraction, scams and abuse of power. Same story with @pumpfun Same ecosystem. Same behavior. No support for organic communities. No long-term vision. Just bigger bundles pushed to higher market caps so the little remaining volume can rotate inside their own ecosystem. When a Pump project hits 100M+? 99% of the other projects related or not die. Not because they are bad but because the system is structurally toxic. Now some context. Over the past months I built in this ecosystem. Like many of us I invested time and money. Both are gone now. Not because of poor execution but because the system is broken by design. So my position is simple: I will not build here anymore. I will not invest here anymore. Not one more hour. Not one more dollar. Not until things are fixed. My advice to @worldlibertyfi to conquer the trenches and take Solana back is to Flip the table. Remove the cabal. Drain the swamp. Like what we’re seeing in the US right now it’s time to clean the system and rebuild a healthy ecosystem for builders. One where organic projects can grow again to $1B+ without asking anything from failed politicians. Empires don’t fall from external attacks. They rot from the inside. Solana and Memecoin space are rotting. Goodbye. KITH 👑
mst | Raydium@mst1287

@0x_Blunt @George_harrap @ponzibaron @WatcherChase Saying that a community that is held in the Meme Reserve is unnoticed is retarded. Communities are in control of their own destiny.

English
1
0
5
401
Rebel with snacks
Rebel with snacks@rebelwithsnacks·
I’ll be honest with you, most of the real rogue scammers in crypto are from Australia, not India. When I say rogue, I mean the dangerous ones. If you hear an Aussie accent, just get ready to lose your life savings. Those mfs will become your best friend, meet you IRL, attend crypto events, meet your family, and somehow still end up draining every dollar you got. I’m dead serious.
English
6
2
34
3.2K
Crissy
Crissy@sadcrissy·
I think $DHG is easily the best USD1 lowcap why? - unique & unvampable narrative - interactions + follow of 4 WLFI co-founder - relentless community + CTO lead who have been working for over 1 month honestly just a nobrainer for an upcoming USD1 season, Bonk & WLFI are pushing hard while Pump is messing up
English
9
3
31
2K
Mello
Mello@mellometrics·
@_Shadow36 You dropped this 👑
English
7
1
15
3.4K
Mello
Mello@mellometrics·
compounding compounding compounding Start with 5 sol & take out at an average profit of 75%: 5 x 1.75 = 8.75 8.75 x 1.75 = 15.31 15.31 x 1.75 = 26.8 After 3 trades -> 5 sol becomes 27 sol (5.4x) Your odds of hitting 3 trades at 75% are much greater than hitting one 5.4x trade Consistency > Luck
English
49
49
472
73.1K
BRANDO
BRANDO@itsbrandomurphy·
@DHGUSD1 Says I'm a Certified player, what's your excuse? $DHG 👑
BRANDO tweet media
English
6
3
10
569
Crissy
Crissy@sadcrissy·
- downside? -> maybe 50-100k worst case - upside? -> 5m+ Just something to think about $DHG
Crissy tweet media
English
9
5
33
2.3K
KITH 👑
KITH 👑@callmekith·
I’m not saying this because I’m invested I’m actually not in the token. I just really appreciate seeing respect coming from people outside our community. I know it can look strange or even uncomfortable from the outside but at the core it’s just passion same as in the developer world when you’re not familiar with it. Our two worlds actually have a lot in common. Many of the biggest figures in crypto are great developers for a reason. Out of curiosity what’s your vision for the token? To be honest I don’t think a memecoin would fully fit your work. I see something with much bigger potential closer to open-source projects like Bitcoin or Ethereum. In my view tokens are one of the best incentive systems ever created for building long-term open-source projects.
English
0
0
2
165
Louis Grenard
Louis Grenard@grenlouis·
I'm not leaving. Respect to Steve. We all have different lives and constraints. My reality: I have a newborn 👶 at home (<1 month old). Sleep is rare. Life is chaotic. But beyond the funding, this community has been surprisingly kind and respectful. That motivates me. Even though this ecosystem is new to me, I am staying up to learn because you put your trust in this vision. That is the least I can do. In $LEON we trust.
Steve Yegge@Steve_Yegge

Hi $GAS and CT community. I love this community, but I'm the creator and sole maintainer of Gas Town, which is going viral. It's a tremendous burden and is taking most of my day (and money). That's where my time has to go. I can't spend much time with CT. I will still drop the occasional blog post, and join streams or podcasts. But I am dedicated to Gas Town and have to focus there. I hope you understand! That's the life of the creator economy.

English
33
28
166
29.8K
KITH 👑
KITH 👑@callmekith·
This crash was really healthy for the eco btw It will avoid dilution between hundred of project especially the scam ones launched by several extractor For sure WLFI / Bonk was waiting for that moment for any injection and push It will be more efficient for real community and reserve coins
English
0
0
2
49
Crissy
Crissy@sadcrissy·
I share the same view I have been tracking every new launched USD1 coin over the last month and there is only a handful which actually survived this dip and kept a strong community one of them is $DHG
KITH 👑@callmekith

@BrodieCapital @sadcrissy Biased take since I’m invested but after weeks of tracking every USD1 launch this is one of the few that actually held the crash and kept a strong, united community. If 1 and SPSC restart their run big multiples wouldn’t surprise me at all.

English
5
0
20
1.6K
ton
ton@tontheneko·
Alon: I'm ready to go to war. 1 day after, this happens, and this is just one of the examples. To be honest, I don't know if they were able to convince Github CEO's project with money or it was just an intern mistake but it's hard to believe they are not paid a huge amount.
ton tweet media
RedwoodSDK@RedwoodJS

Our permanent stance: * RedwoodJS/SDK is an open-source framework. That is our only focus. * We do not endorse crypto. We will NEVER create a coin. * Our mission is to build the best developer tools, not to participate in speculative markets.

English
12
0
50
21.1K
rise_crypt
rise_crypt@rise_crypt·
@Toly is close to completing his build on Percolator He has been tweeting about his progress for some time on the timeline and in replies The GitHub shows 100+ commits this month and there is talk about the product being ready apart from waiting for an audit If there is any tech and creator we should be bullish on, it should be $percolator Let’s get him some fees
toly 🇺🇸@toly

@bqbrady Build one for percolator. Check out the abi in match

English
18
4
29
6.7K
KITH 👑
KITH 👑@callmekith·
As you can see we’ve officially entered a @BagsApp season. First $RALPH then $GAS on its way to 100M+ All the attention from CT is rotating into this ecosystem and this momentum will only increase day after day. As you can guess this is extremely bullish for $BTP AI projects are great to attract top-tier creators but they’re not the best to onboard retail. What better bridge than $BTP to reach the mass market? It brings retail users in and once they’re here they naturally buy the best tokens created by those creators. I’m convinced @finnbags understands this perfectly. Now that creator onboarding is secured with $GAS the next logical step is to focus on onboarding retail / investors. So let’s not forget $BTP One of the very few communities that actually built shipped and won the @BagsApp challenge while everyone else was looking elsewhere. On top of that it sits on the strongest narrative of the ecosystem the one with the highest potential to reach true mass adoption if it succeeds. Too much to ignore. 5NGM6UJM4q9WSCU6XoqvrLNfvyR58mGL3ENBrrVhBAGS
KITH 👑 tweet media
English
2
1
8
941
sling
sling@slingoorio·
someone sent me titty pics already.
English
43
2
56
4.6K