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Degens Deteriorating
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This guy successfully cashed out over $1M on $CASHCAT!

He spent 0.49 $ETH($838) to buy 15.04M $CASHCAT, then sold it for 580 $ETH($1.04M), locking in a profit of over $1M(1,183x).

If he had held until now, his profit would have reached $2.9M.

Could this guy be thebrianjung?

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
You open the pizza box and see this. What’s your reaction?

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ₯°5
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Nope. Another TikTok history myth.

It comes from mangling an academic book, The Delectable Negro, that uses β€œconsumption” as a metaphor for rape, forced labor, and total exploitation, not literal cannibalism.

Historians find zero evidence in the primary sources and archives that this was actually a thing.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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β€œif there’s another L1 that can do what Ethereum is doing but cheaper & faster, that’s a pretty simple thesis.”

β€œit seemed like a pretty good hedge against ETH.”

β€œit doesn’t make sense that they have the second most active users, one of the most active developer communities… and it’s trading at like 5% of Ethereum’s market cap.”

β€œeventually this is gonna get repriced higher.”

What stood out is how simple his thesis actually was.

Ethereum had already proven demand for smart contracts. If another L1 could deliver the same experience, but faster, cheaper, and still attract builders, that was an asymmetric bet worth taking.

After spending 4+ years watching the ecosystem evolve through DeFi Summer, the NFT boom, congestion issues, FTX, and the recovery, his core thesis hasn’t really changed.

The fundamentals have.

- the network is far more stable after years of upgrades

- the builder ecosystem keeps expanding

- user activity stays among the highest in crypto

- consumer apps, DeFi, and AI are all growing on the same chain

His point is that the market spent years pricing solana based on old narratives like outages and FTX, while ignoring how much the network has improved underneath.

That’s why he believes a repricing is inevitable.

The fundamentals have finally caught up to where the valuation should’ve been all along.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
Female founders don’t even know they are scamming

They see no difference between making up projections and making up actuals

They believe the business is
- Wearing suits
- Holding meetings
- Glass offices
- Speaking at conferences

Basically what an 8 year old thinks a CEO does

Not
- Hitting your numbers
- Solving hard problems
- Honoring your commitments
- Creating value for customers

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―5
Someone bought 80,000 Bitcoin in 2011 for $260,000 when BTC was trading at just $3.25.

He survived multiple crashes and held for nearly 14 years without touching a single coin.

Then in 2025 he sold it all for over $9 Billion, a 34,615x return.

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🀯5
Easy to laugh at this but I dont think people have internalized how big of a deal it is, especially for the 3rd world, that everyone on earth now has 24/7 instant access to a ~115 IQ person with an extremely broad knowledge base who speaks your native language. Yeah the information was already out there (in english) but you needed someone with time, inclination and intelligence to find it, parse it and apply it, those people are in short supply in rural Nigeria

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🀯4πŸ‘€2😨1
πŸ’―13😨1
"1000 missiles are locked and loaded and aimed at Iran should I be assassinated. Praise be to Allah."

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ‘Œ3πŸ—Ώ1
The crypto market structure bill is now expected to hit the Senate floor for a full vote in July, with a strong chance of passing before the August recess.

Possible fast-track timeline:

Mid-to-late July: Full Senate vote

Late July: Rapid House reconciliation

Early August: Presidential signature into law

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The retail investing boom is losing steam…

Retail traders have powered one of the longest bull runs in recent memory, but new data from VandaTrack shows the fire is starting to fade.

Net purchases of U.S. stocks have collapsed to just $13 billion over the past month, the lowest level since 2020.

Even more telling: buying in individual stocks is down a staggering 71% from earlier this year.

For the first time in a long while, retail investors are selling nearly as much as they’re buying.

This shift signals growing caution after years of euphoria.

When retail momentum slows, it often removes a key source of upward pressure on the market, especially in high-flying tech and meme stocks.

After a prolonged rally built heavily on retail enthusiasm, we may be entering a phase where institutions and fundamentals matter more again.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ‘€2
Maybe he shouldn’t have shot a police officer or robbed a store…

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―8