𝔹/lala7macc

Frogress

We’ve built for 10 years. Feels like now we can finally get started. @krakenfx

1/ Something is rising from the depths… 👀 🐙 Launched in 2016, $PEPECOIN is one of crypto’s earliest memecoins. Today, it lists on Kraken.

Something big is coming to Kekspace. Meet us downtown tomorrow on the 18th for a special event with @pepecoins. See you there 👇 kek.space

Gm @pepecoins 💜 Anyone else feeling as though it's time to start the Pepening?

the ritual is complete, and from the depths of Kekspace, amidst laughter and chaos, the Kraken has been summoned the seas shall never be the same 🐸 🤝 🐙 kraken.com/listings

OG @pepecoins to be listed on @krakenfx 🐸 🐙

kek.space halloween party is happening now 🪩👻 get your candy corns, buy sweep drip hit the dance floor with frens

🕸️ HALLOWEEN PATCH 1.69 🕸️ Join now! Kek.space •Tried to fix a bug. Summoned 3 more. • Added haunted candy drops across the grid. • Maze difficulty: “Therapy Required.” (built under duress) • Sleep-deprived dev now officially possessed. • Candy economy completely unbalanced (working as intended). • Added forgetful fog - please inhale.

⚡️This is the quiet sound of the monetary machine choking on its own liquidity. The chart is not just about Reverse Repos collapsing and Standing Repos rising - it’s the heartbeat of the dollar system flipping polarity. For two years, the Fed used Reverse Repos as a pressure valve, draining excess liquidity from the system after the pandemic stimulus binge. Money market funds could park trillions overnight, earning risk-free yield while the Fed sterilized inflationary pressure. That green tower was artificial gravity - liquidity containment. Now it’s gone. When Reverse Repos vanish, it means the system’s surplus cash has been fully absorbed. The Fed’s liquidity buffer is dry. Standing Repo usage rising (the red) means the banking system has shifted from excess reserves to deficit borrowing. The direction of flow has inverted. This is the same transition that occurred right before the repo crisis of 2019 - but at a much larger scale. Then, it was a market plumbing issue. Now, it’s systemic exhaustion. The Treasury’s massive debt issuance, paired with the Fed’s quantitative tightening, has drained the system of collateral and dollars simultaneously. Banks are now tapping the Fed not to store liquidity - but to survive. Quantitative Tightening has entered its terminal phase. There is no more fat to cut without breaking something. If the Fed stops QT, inflation expectations reignite. If it continues, funding markets fracture. If it pivots, credibility dies. This chart is the moment between heartbeats - the point where the artificial pulse of a synthetic economy hesitates before deciding whether to restart or flatline. Deep down, this is what the end of financial gravity looks like. The liquidity tide that built everything since 2008 has reversed. The system has entered the “standing repo era” - permanent emergency liquidity injections masked as normal operations. The illusion of control is fading. Tick tock QT means one thing: The countdown to the next paradigm shift has already begun.

GM - @opensea recognizing the OG #pepecoin, feels good man

“We cannot begin the parabola until we have liquidated the vast majority… and for those who survive? We must drive them fucking insane.” Makes sense, doesn’t it? It’s all by design. A few days ago, we witnessed the biggest liquidation event in the history of crypto. Anyone who was more than 2x long on anything other than BTC, ETH (and maybe a couple of other top-tier coins) got completely wiped out. Gone. Add a brutal “traders’ market” with a new shiny narrative every week and insanely fast rugs everywhere for the past 2–3 years, and you have the perfect “make everybody lose faith” recipe. Now, after all the bullshit we’ve been through, the only ones left are a few spot holders — the true “believers”. And what’s the easiest way to make even them leave the market? Simple. Sideways price action. That’s why, in my other post the other day, I said: “The next big move is going to be up. But before that, I wouldn’t exclude some sideways movement first.” Go back and check. I’m not yapping. But why would that make sense? Because people are mentally exhausted. Just look at retail sentiment right now — it’s cooked. Everyone’s saying the same thing: “I just want one more pump so I can exit and never look at crypto again.” That’s exactly what the MMs want. They’ll make it move sideways just long enough for even those people to give up and sell. That’s why it’s now more important than ever to look at the bigger picture (I’ll make a tweet on this topic tomorrow). Some sideways PA here, by the way, is completely normal. Because true V-shaped recoveries (especially after a -50%, -60%, or even higher liquidation nuke) almost never happen. It’s rare as fuck. What usually happens instead is simple: We get the liquidation event. Then the rebound. Then… consolidation. And that’s exactly what’s happening right now. Go look at the charts. Most of the solid alts didn’t break their structure lows (not the liquidation wicks, I mean the real ones). BTC’s still holding above 100K. ETH looks just fine. Nothing crazy. This is just consolidation or re-accumulation, if you prefer. The market catching its breath before the next phase. How the fuck do you expect it to go straight to new all-time highs right after one of the biggest liquidation events in history — in the middle of global chaos and with the orange haired man tweeting bullshit about China every 5 minutes? Things take time. That’s how cycles work. That being said: If you don’t have the patience to sit through that, or don’t see what I see, that’s totally fine. I’m not here to convince you. I’m doing my thing. I’m sharing what I see. That’s all. You can sell and walk away. But I don’t think it’s gonna be the wisest choice. We’ll see. Let’s check back in a few months. Quick recap: Sideways first. Then higher. It’s all part of the plan 🥀

Holy shit, someone made MSN Messenger on top of XMTP. Who’s going to build the next gen Smarter Child?

@Ledger Your crypto deserves the best social dApp. We built it. 🐸

we're so back. big updates coming to pepe messenger over the coming days. y2k was much more than mere aesthetic. time to bring it back, just better.

@arjunsethi wen kek.space?

The Oct 11 Crypto Crash — What Really Happened TL;DR: Roughly $60–90M of $USDe was dumped on Binance, along with $wBETH and $BNSOL, exploiting a pricing flaw that valued collateral using Binance’s own order-book data instead of external oracles. That localized depeg triggered $500M–$1B in forced liquidations, cascaded into $19B+ globally, and earned the attackers about $192M via $1.1B in BTC/ETH shorts opened on Hyperliquid hours earlier, but minutes before Trump tariff announcement. It wasn’t a USDe failure!! It was Binance’s design flaw, timed with macro panic (Trump’s tariffs) for cover. What looked like chaos was actually a coordinated exploitation of Binance’s internal pricing system, amplified by a macro shock and systemic leverage. 1️⃣ The Setup Binance’s Unified Account let traders use assets like USDe, wBETH, and BNSOL as collateral. Instead of oracle or redemption prices, Binance valued these using its own spot market - a major vulnerability. On Oct 6, Binance announced a fix to move to oracle-based pricing, but rollout wasn’t until Oct 14, leaving an 8-day window. 2️⃣ The Exploit During that window, sophisticated actors manipulated Binance’s order books, dumping ~$60–90M of USDe, driving it to $0.65 on Binance only (still ~$1 elsewhere). Because the Unified Account marked collateral to internal prices, this instantly wiped margin value and triggered $500M–$1B in forced liquidations. Then, Trump’s 100% China tariff headline hit, magnifying panic and liquidity stress. 3️⃣ The Profit Engine The same day, fresh wallets on Hyperliquid opened $1.1B in BTC/ETH shorts, funded by $110M USDC from Arbitrum-linked sources. As the Binance cascade unfolded, BTC and ETH cratered, those shorts netted $192M in profit before closing out at the bottom. Timing, precision, and funding paths all suggest coordination. 4️⃣ The Contagion Binance liquidations dumped BTC/ETH/ALTs into thin books. Other exchanges mirrored the collapse through cross-market bots. Market makers hedged across venues were forced to unwind everywhere. Result: $19B+ global liquidations, with many alts down 50–70% intraday, all triggered by <$100M of manipulated collateral. 5️⃣ Who’s at fault? Binance: design flaw + delay in oracle rollout = root cause. Exploiters: executed and timed the manipulation, profited via external shorts. Ethena (USDe): not at fault - protocol stayed 1:1 collateralized, redemptions normal, peg held everywhere else. 6️⃣ Aftermath Binance admitted “platform-related issues,” promised compensation for affected margin/futures/loan users, and rolled out minimum price floors + oracle integration. USDe remained operational, and the incident is now a case study in how exchange-side pricing errors can trigger system-wide liquidations. Bottom line: A ~$90M dump on Binance and a $1.1B leveraged short elsewhere sparked a $19B bloodbath. Not a stablecoin failure, but a masterclass in exploiting flawed collateral valuation during peak macro stress.

kek.space - built to stand out

on March 05 2016, the real OG $PEPE was born the distribution was organic - an L1 PoW with open mining pools for any capable participant no ICOs, no VCs, no bundled supply - just honest compute

Sitting comfy in $pepecoin Refreshed, nourished, and moist.