Dr. Drew

@KittaKitka We’ve all been raped.

RAPED. BACKPACK EDITION 2 years of support. 4.5B referral volume. 2B personal trading volume. 400+ mentions of the project After TGE: $200K+ lost 0 support A short story about how my two years of supporting the project ended. Part 1 x.com/KittaKitka/sta…

The oil market is moving at an unprecedented pace: Trading volume in the United States Oil Fund ETF, $USO, jumped to a record $12.4 billion on Monday. This puts volumes up +1,000% since the start of the year. This also surpasses the previous peaks seen during the 2020 oil crash, the 2022 Russia-Ukraine War, and the 2025 spike by over +200%. By 11:30 AM ET yesterday, trading volume was already at an all-time high of $7.6 billion. The surge was driven by a mix of institutional traders and retail investors chasing the oil price move. Oil is now one of the most traded assets on the planet.

@KittaKitka Nice write up 🫡

Backpack Tokenomics Update Armani posted a tweet (x.com/armaniferrante…) where he quoted Backpack’s tokenomics graphic and added a few important details. I’ll try to explain how I understand it. 1. Initial supply At launch, only 25% of tokens will be in circulation. They will go to users and NFT holders. - no market makers - no Binance Alpha - no promo airdrops - In practice, the entire initial supply will be in the hands of the community. 2. Next unlocks - 37.5% The second major portion is 37.5% of tokens, which will also be distributed to users. According to Armani, these unlocks will be: - gradual - transparent for holders - synced with product development The idea is that the value from exchange growth should outweigh the pressure from new unlocks. Most likely this means: - launch of new modules (Prediction Market, card, new markets) - new seasons - new farming and reward mechanics 3. Team tokens: will not be available for at least one year after IPO from private conversations - IPO is unlikely earlier than 2-3-4 years, possibly even 5 IPO is planned in the US, which is a long process by itself Simple conclusion: the team will not have access to their own tokens for a very long time. If Backpack or the team want to operate with the token, they will have to buy it from the market. 🔼 Bullish part - clear and transparent supply - tokens in users’ hands - listing only on their own platform - no futures, no promo games This strongly resembles the Hyperliquid / Aster pattern, where the team: - knows exactly how many tokens users have - how many sit on accounts - what the real circulating supply actually is This allows flexible control over price and liquidity. If, in the first hour, all airdrop receivers sell, simply buying the token from the market can push it to almost any level, because: - no unlocks - no hidden holders - no unexpected supply Moreover, to launch new activities and rewards, the token needs to be expensive. Otherwise, rewards become too small and uninteresting. Let’s remember Aster: launch around ~$0.20 in two days, growth to ~$2 Interestingly, at $0.20-0.50 almost nobody wanted to buy, while at $2+ there was massive public buying. 🎙 Final thoughts In reality: there isn’t much truly new information today - but the tokenomics looks very unconventional and strong - there are almost no real analogs among previous launches - From Armani’s words and the overall context, it’s clear the team’s ambitions are very high, and that’s a big plus. But: - will they launch at a super cheap valuation? not guaranteed - will they immediately “give away money”? also not guaranteed On one hand, launching badly would mean losing a community built over years, and it’s a strong one. A bad launch would hurt trust and make attracting new users harder. A good launch costs more money, but preserves a bullish narrative and creates 2x fans and supporters (remember Hyperliquid - most people rushed in right after the amazing drop). Listing, rewards, and point value fully depend on how the team wants to distribute value and enter the market. For now, we wait for more details. The maximum we can still expect is a more detailed product roadmap and future distribution plans. I think you get the logic. Share your thoughts. So far, everything looks very interesting.

@Anghkooey01 @GambleinternX Merry Christmas 🎄🎁

@GambleinternX Merry Christmas 🎄🎁

Merry Xmas my lil gambloors. Santa Papi brought the bag and gifts are already flying in our Discord. Wishing you health, peace, and real ones around you. Hypergamble.

@Sakrexer 9$ in April 26 will be less painful 🤣

crypto is such a fucking rollercoaster sometimes eh

9$ in April was less painful than 23$ now for some reason

@WhereWindsMeet_ Lovely

Mobile Pre-Download is Live! 📱 Pre-download here: bit.ly/49ErYfg Create your character early, reserve your name, and jump into a hands-on tutorial demo. Your Jianghu journey begins now—anytime, anywhere. 🧧Pre-Download Giveaway we are giving away: 📱 1 iPad Air 🎮 1 PlayStation®5 Follow + RT to Enter! Two lucky players will be selected! #WhereWindsMeet

See you at breakpoint luma.com/9oj226gl

Best trades by the year with size: 2023: $SOL sub $15 => 15-20x 2024: $HYPE sub $8 => 10–15x 2025: $ZEC sub $100 => 7-10x (so far) There is always an alt season, just need to pay attention and have conviction. (Yeah I didn’t but $ZEC but I’ll be ready for the 2026 trade, it’s coming soon)

@Sakrexer 🤣

@0xPFP manifesting a 4 fig cook 🙏

@mav_evm @alloca_xyz @OctoSwapDex @upfloorco @molandaks_xyz Can you please check DM?

Mainnet Update from Projects where I am working: @alloca_xyz will be live on the monad mainnet from day 1. @OctoSwapDex best and fast Dex will live on the monad mainnet from day 1. @upfloorco will be live on the monad from the first day. @molandaks_xyz will be the first NFT that will mint on monad mainnet, you can expect molandak mint after some hour of monad mainnet. @usemadhouse going live on monad from day one. @Purple_Frens will be directly airdropped to your wallet. Beware from scammers. No mint for purple frens NFT. Wallet submission for molandak is upcoming... Stay tuned

Thank you @monad & @MadLads

@Sakrexer He sold pretty much the “ath of hyperliquid’s FDV” lmao 🤣

@0xPFP damn you are right oops

I recommend listening to this interview starting from minute 36 youtube.com/watch?v=WeRh58… Jeff says: ''It's not a charity. If you look at amazon, Jeff Bezos didn't take profit even though he could have for atleast a decade. It's just longterm thinking'' Do with that info what you wish

Thanks @monad & @MadLads

@kidseeghost_sol Real

@_yourbros @2021calledback 0xe63741772392d7754945Ad665aea5cEFB813c5B9

@AscensysNFT 👀

@AscensysNFT LFG