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Degens Deteriorating
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Meet Floyd Mayweather.

50-0 boxing legend, over $1 BILLION in career earnings and an estimated $400M net worth.

Yesterday, he decided to become a crypto memecoin trench warrior.

He created a fomo account, launched his coin, started shilling and dumped his entire bag for $5K at 80K MC

Then CT took over his coin, turned it into a CTO and pumped it so hard that Floyd ended up fumbling six figures on HIS OWN TOKEN.

Bro proceeded to delete all his posts, nuke his FOMO account and disappear.

All of this happened in less than TWO HOURS

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JUST IN: Amazon unveils 2 new AI wearables that record & analyze users' daily conversations, automatically generating summaries & to-do lists

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Bitcoin pumped +$2,400 in the last 60 minutes and liquidated $53 million in shorts.

ETH has also reclaimed $2,400.

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I do this thing called spot and chill which has me feeling like this:

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Do women really expect you to believe they don’t dress for attention?

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Tesla now runs half of America’s public DC fast chargers with over 40,000 ports, while the $7.5B federal NEVI program had opened just 384 by April 2025.

One company built the backbone of the national network with its own capital while the government spent billions and produced a rounding error.

Private industry is still outpacing the mandate, and that gap isn’t narrowing anytime soon.

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Meet Carol Adelkoff, the nonprofit CEO living a life of luxury on taxpayers’ money in Hawaii while California’s homelessness crisis spirals out of control.

Adelkoff, the longtime CEO and Executive Director of the 1736 Family Crisis Center, a Southern California nonprofit that operates domestic violence shelters and provides homeless services, earned more than $1.65 million over two years, with a base salary of approximately $405,000.

Reports revealed that Adelkoff has lived primarily on Hawaii’s Big Island for more than a decade, while the nonprofit covered a $6,500-a-month apartment in Santa Monica and a leased BMW for her use in California.

The nonprofit brings in roughly $15 million annually, with about 94% of its revenue coming from taxpayer-funded government grants.

During the decade she has been living in Hawaii, California’s homeless population has grown by 54%, and the state now ranks first in the nation for total homelessness.

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BREAKING: President Lula makes a late surge in Brazil's presidential election odds with just 10 days until the runoff.

25% chance.

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Mysterious object near Sun fuels claims of giant alien mothership

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BREAKING: The US Treasury just bought back $6,000,000,000 of its own debt to bring bond yields down.

Total buybacks this month: $19.33 BILLION.

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Leopold Aschenbrenner might genuinely be the unluckiest motherf&cker alive.

After getting absolutely destroyed in July and being forced to liquidate much of his AI portfolio, he reportedly came back swinging in early September, buying hundreds of millions of dollars worth of options premium.

Look at how those stocks have performed since September 8:

$CRWV: -37.4%

$SKHY: -25.8%

$SNDK: -23.8%

$DRAM: -22.9%

$BE: -18.1%

$INTC: -9.4%

$AMD: +9.1%

Six out of seven are underwater, with an average decline of roughly 18.6%.

And remember, we're talking about someone who reportedly rebuilt exposure through leveraged options, not just common shares.

Imagine surviving a massive forced liquidation, watching your favorite stocks recover, deciding it's finally safe to get back in, and then getting hit by ANOTHER brutal selloff barely a month later.

The worst part about options is that you can be absolutely right about the long-term AI infrastructure thesis and still lose a fortune because your timing was wrong.

I genuinely feel for the guy.

The market has absolutely no mercy.

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