Rune

never underestimate a large group of retards that all believe a coin can go to billions

how life feels since I stopped buying new pairs

who is buying this? and why?
two coins called CHICKY trending at the same time. same name. same logo. one down 83%. one up 947%. pick wrong and you’re done
this is the game now. not trading. a coin matching game where the prize is being someone else’s exit liquidity
you can see the expiry date on this trend. everyone knows it’s done in 48 hours. and you’re not even buying the main runner, you’re buying the pvp of the pvp. a copy of a copy. fighting over scraps of a narrative that’s already dead
this is exactly what’s killing the trenches. trend pops, 50 coins launch, everyone fights to exit on

how’s my hold time looking like?
2d, 6h on average
approximately 2d, 6h more than the average KOL

name a coin that went up because of a personality and stayed up
whitewhale? lasted 2 months. dead
trump? didn’t even last 2 months
coins don’t go up on characters, they go up on thesis
a personality can amplify a thesis, like @MustStopMurad with SPX. but Murad didn’t make SPX. the thesis made SPX
when the personality IS the thesis, it’s a pump and dump with a face attached. the second that person moves on, the chart dies. because there was nothing underneath
real thesis examples:
BTC, ETH, HYPE, DOGE, SHIB, PEPE, BONK, GME
there are names amplifying, but none of these coins depend on anyone
ev

DeFi is still unsafe.
DRIFT, a perps dex, has just been drained for 56% of its TVL, $200M
The hacker is now selling $USDC to $ETH, and mixing funds, using the @AnySwapBot anonymous mixer d-app
auditors must face real consequences.

remember buying a coin, going to sleep, and waking up to a 10x?
now you can’t even leave a position for 5 minutes without getting dumped on
buy, wait, sell. buy, wait, sell. there’s no conviction. no excitement. no waking up and checking your phone with that feeling
the passion for the game is gone. everyone’s just going through the motions
we have to bring it back

everyone says they hate gambling. hate casinos. hate the house always winning
then they open memescope and flip 30 coins in a row with no research and 8-second hold times
that’s not trading, that’s more like it playing slots. and here, the house always wins too (serial deployers, launchpads, terminals)
quit gambling. quit trenching the way trenching looks right now
find something you believe in. hold it. let the thesis play out
bring back the vibe