Jermaine

Living for the one day I can say update? to @ThinkingUSD

@PopPunkOnChain You could have easily have said fuck the $pumpcade token and raised a proper round from VCs but you took the difficult route of standing by the token holders Mad kudos

A message to the dozens and dozens of VCs I spoke to over the last 6 months that told me to abandon the $PUMPCADE token or I wouldn't be able to raise capital

Is it me or there are so many crypto teams in search of PMF that decided to pivot to cards instead key takeaways - crypto payments will have a massive outcome - most of these cards will fail but @raincards is the main beneficiary on this. Excellent business

two lessons from the ethena arc: 1.) the basis trade got crowded. ethena proved the model, copycats piled in, more shorts competing for the same funding, compressing the very yield that made it work. 2.) a $6B stablecoin can't have its entire revenue engine tied to one market regime. when funding flipped negative post oct 10, the trade went from printing money to bleeding it and you can't flip long without breaking the hedge. the diversification into institutional lending, RWAs, and equity/commodity basis isn't admitting defeat, it's admitting the original design was a bull market product. every onchain yield protocol will face this same reckoning at scale. single strategy yield works at $100M. at $6B you are the market, your own size compresses your edge, and you need to survive regimes you weren't designed for. the playbook ethena is writing now is what the next generation will need to ship from day one.

@seyong one must always also ask "why will people buy this token after me"

one must always ask... "why does this need a token?"

@MacroMate8 @therollupco probably @coinbase

after openai acquired TBPN my question is who is going to acquire @therollupco?

@nikitabier @toly Sigh 80% of my crypto friends are bots

@toly There is no technology in the world that could ever fix the spam replies of a crypto account — because 80% of crypto is simply bots. The only path out is to enable the 2nd degree reply restrictions.

Communicating on this horrible website in the open in threads is the least worst channel, how does @nikitabier do it

@donovanchoy Scumbag KOL

KOL with 20x more followers >repackages an article I spent 5 days crunching numbers on >paraphrases my words with AI sloppily >has the cheek to begin his post with "if you ask me...", >gets 3x more engagement >gives 0 credit to me now i know that i suck at playing this CT game

Predicting that coinbase acquires @counterpartytv or @therollupco in 2027/28

Congrats to @PopPunkOnChain and @pumpcade team on this. Another step forward for on-chain financing, who says good projects launched on @Pumpfun can't raise from VCs

Listened to @seyong interview with @derekhsue recently and thought that @tryfomo is a good example of how venture has changed in crypto. A few years ago, a seed investor could justify writing a $2 million check largely to fund product development. You needed engineers, time, and capital just to get an MVP out the door. That world is disappearing. Today, a resourceful founder can get surprisingly far with a very small team and AI tooling. The visible product layer is becoming cheaper and faster to replicate. What is not becoming cheaper is product taste, user intuition, and the ability to keep compounding the right small decisions over hundreds of iterations. That is what @tryfomo represents. If Seyong came to me at pre-seed, I would not be underwriting his ability to build “a memecoin trading app.” That part is increasingly commoditized. Plenty of people can spin up a functional trading interface now. The real question is whether the founder sees something others do not, and whether he has the obsession to keep refining the product until users feel it. The genesis of fomo was not “memecoins are hot, let’s build an app.” It came from a very specific user insight: Seyong tried to onboard his friends into Solana trading through BonkBot, Phantom, Telegram chats, and wallet setup, and realized that what felt intuitive to crypto natives was completely broken for normal people. That gap in lived user experience is the actual wedge. Fomo did not raise a huge round and hired a bloated team when they started. They recruited high-integrity people they had worked with before, got some of them to work for no pay for months, raised a small angel round from a broad network rather than defaulting immediately to institutional capital, and pushed to market quickly to get real feedback. That is exactly what early-stage crypto increasingly looks like: the best founders do not need venture money just to prove they can build. They need enough resources to recruit exceptional people, and accelerate the feedback loop.

Reminder that a sad day for solana defi does not mean a happy day for hyperliquid Grow up

@ThinkingUSD x.com/kdotcrypto/sta…

Calling Drift a "decentralized exchange" was always funny to me. They used a Binance account much like Variational to just B-Book all the client trades and hedge it out on Binance Perps.

@ThinkingUSD x.com/hotpot_dao/sta…

@katexbt Goonfi the prop AMM

On one hand, 270M worth of TVL just left the Solana ecosystem today. On the other hand, I learned that there's some DeFi program called a GoonFi deployed on Solana, and not only that but there's a V2 of it. You learn something every day!

Fuck

Will be curious to see how hyperliquid compares to this

So @blknoiz06 is building a prediction markets trading terminal @paradigm is doing one as well What are some features that traders would be willing to pay for? Landing transactions? Smart wallet tracking? Smart order routing? Analytics?

AI has collapsed the cost of building. Product building is increasingly commoditized. You don't look for the founder who can build the best product anymore