hi I’m nez

weekend flush down to 5m thanks to eth asteroid liq suck + entire market dump. a lot of established coins on sol took a beating, $unc held well

the weekend holder redistribution was necessary. top holders are remus, zinc, hugo, risk, dip wheeler in that order + a great supporting cast.. all ppl who know how to hold a bag proper

i think once $unc is able to reclaim and hold 10m, we're on a good track. 12m and we're golden. crack open a beer, kick your feet up and just enjoy the show

/uncmode

you can feel the solana new pair trenches just deteriorating and getting worse and worse as the days go by with ppl actively promoting shit like this on X

soon there will be nobody but multi wallet bundlers on new pairs, just a wasteland

1. this multiwallet bundling bullshit is getting out of hand, and it's only going to get worse with platforms like axiom actively trying to better and improve this tek so it makes your multi walleting experience easier
2. we have a major pvp issue where ppl are deploying 10+ diff versions of the same coin which spreads liquidity thin and increasingly lowers ceilings
3. because of 1 and 2, ppl are forced to get in and get out sooner, scalping profits because they dont want to get raped by a multi wallet or the coin they're in gets pvp'd which means nobody wants to hold anymore
4. because of the environment that sol new pairs are in, we quite literally will NOT get any new market participants. who in their right mind as a new person who wants to get into memecoins would willingly participate in bullshit like this
5. any chance of onboarding new participants is cooked, if you look up 'memecoins' on youtube the first result that comes up is ethan prosper or orangie which are encouraging anyone to use the methods that i mentioned in 1.

i have actively tried to avoid any new pairs for the past week just because it has felt like it's gotten exponentially worse as of late

i would encourage ppl to look into higher cap coins, or even look into opportunities on base or bnb. try to expand your knowledge on other chains or areas. do not sell yourself short, this is coming from someone who has participated in the new pairs trenches daily for the past 2 years

solution to this? make community coins great again and stop shoving pulse into retail's faces

https://x.com/frensfnf/status/2046344111662481495

to be completely honest, this entire month i've been getting absolutely FRIED on chain.

just a ton of overtrading, oversizing, fomo and chasing on my end leading to me just being completely down for the month of april

but surprisingly vol the past couple days has been really good despite the hyper rotations, and there's a lot of opportunity to still make money now

been dabbling a bit on eth, and have been able to find more success there lately rather than the sol trenches despite it being a completely diff game than trading on sol

i've been trying to distract myself a bit to not be so locked in as it's caused me to overtrade, but after pumpfun announced their new charity feature i knew i had to pay attention today

just from prior experiences, any time pf drops a new feature it will cause a mini meta which is pretty much free reign for runners to spawn on the day. and that's what you should be scanning for, rather than getting stuck in betas and sidelining yourself.

just this day alone helped me negate all my losses on the month + bag some profit.

and for this reason alone, i will never leave the trenches. you could perform like shit an extended period of time, but all it takes is one good day of trading to completely turn things around in your life

as for this new pf charity meta, i think it is very interesting the way they decided to go about it with only being able to donate to their chosen charities that they've provided. and once the fees have been chosen for a certain charity, there is no doubt or having to worry abt a claim which is a big stress reliever

though at the same time, it boxes you in. i think it would be interesting to potentially see donations to gofundmes and such. but nonetheless, i don't think it's the worst addition pf has ever made

the best plays i'm seeing for this 'charity meta' with potential for somewhat actual longevity atm are $WISH and $STJUDE as they've already had the X pages interact with the donations, though i'm not completely sure how long that longevity would be

trojan just rolled out a new feature that makes it easy to detect multiwallet/bundle rapists on charts in the trenches

features like this are why i will go to bat for trojan, rather than any other platforms like axiom or padre which are promoting this multiwallet behavior

trojan chooses to fight the good fight and protect its users, the +EV of using trojan continues to go up

https://x.com/TrojanOnSolana/status/2049883986365993227

example of the new multiwallet detection feature by trojan in action

all you have to do is go to the holders list and it'll show any detections of multi wallets, making it easier to know which charts to avoid

fuck you cupsey!

instant 35% cashback on signup:
trojan.com/@bubsy

feel like this meme is a big example of SOL traders showing their age and inability to think for themselves

this is without a doubt the biggest meme/talked abt event in all of finance/stock twitter and even heavily memed on CT today,

there are numerous huge finance/stock accounts and personalities posting the 'half cash, half stock' meme from ryan cohen (gamestop ceo) with his interview on cnbc this morning

yet the CA for this meme is sitting sub 200k

just proof of SOL ct traders being hivemind sheep that need a elon/pmarca shill or numerous tracked wallet buys to think something is good

I like this one

4tm2L6mNZ4N5uqGZToWd2mQqDvJ1bkY3w5gUrLdVpump

A lot of memes went to 2-500k off the gme / eBay acquisition

Tons of volume around them and we finally got Ryan cohen (GameStop ceo) dropping a gem of a meme on tv

Half cash half stock

Simple

Being picked up by a lot of crypto accounts already just tweeting it

Can imagine cex accounts posting it too

Worth a gamble here sub 200k