Togi reveals he tried to scam people with memecoins before he was famous
“I wanted to be rich so bad. This was before Pumpfun, I was coding my own memecoins trying to rug pull people and it cost about $1,000 to make each one”
“I couldn’t get anybody to buy my scam, so I ended up losing like $20,000 trying to scam people”
If the shutdown was over tomorrow I'd say the bottom was in.
With the odds currently favoring no end in sight I think there is still ample room for us to go lower.
Once the shutdown ends, liquidity flows back into the markets and crypto begins heading higher. This post shutdown injection of liquidity should be a decent impulse. Couple that with the end of QT, eSLR adjustments, likely December rate cut, and the market structure bill and you have a recipe for our next leg higher. Going into mid December we should see a decent liquidity upswing that carries into January. Then it's possible we see a pause as 4 year cycle fundamentalists exit the market.
After that we head higher into late 2026 on the back of more rate cuts, likely balance sheet expansion from the fed going into midterms and Powell exits, as well overall a ramp up in flows for the ETF's, Altcoin ETF's driving positive narrative and overall improved crypto flows as institutions continue to ramp up.
Not to mention either we're getting the courts ruling tariffs unconstitutional opening the door for the fed to ease even more (plus possible refunds) or Trump sends out tariff checks to reframe tariffs going into midterms.
We're going from a tightening phase over the past few years to just having started an easing phase. I don't know how more people don't understand this means we're heading higher not "it's over." Trump has no choice going into midterms but to get the economy pumping.
As Bessent spelled out the plan was to "Front load the pain" with tariffs etc year 1 before the midterms. Now Trump has no choice but to shift gears into "Daddy Warbucks" mode and make it rain. The recent Dem election sweep made that crystal clear.
2026 will be what most people expected 2025 to be.
This will be the first 5 year cycle.
Memecoins have been in a bear market for almost one year.
Bear markets usually last one year for BTC.
Is it crazy to say a new cycle of meme season is starting this month?
Know your style of coins you do well in.
All I know how to trade is memes, and that's were all my wins came from.
So I don't touch any AI or Utility bullshit, even if I miss a big play like that.
Sitting & Waiting is sometimes the best trade you can take at a given moment.