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Leverage the memes.

Voldemort will not take my cat coins away from me.

$1.2M USD, not too bad for a cat with a lever.

a certain company that we'll call Voldemort has been rumored to be accumulating the solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx token in order to aggressively suppress price while they run coordinated FUD campaigns. but @LaunchOnSF has an irrefutable advantage that Voldemort does not: tokenomics. solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx has some of the most appealing tokenomics of any project in the history of crypto. 1. there's no mint authority to dilute you back. 2. there's no VC's to dump on you 3. 60% of fees from the launchpad get harvested, a large share is spent buying solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx on the open market, and those tokens are permanently removed from existence. #3 is why they have such a steep advantage against the incumbent-who-shall-not-be-named. ** to be clear, we do not know for a fact that Voldemort is using this tactic, but it's a commonly cited rumor. this is a thought piece to help explain why, even if it IS in fact happening, that it's more bullish for STONK than it is bearish.** lets continue every time a party buys and sells solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx with malicious intent, the great irony is they are only reducing the total supply of STONK, which on a long enough time horizon will lead to their ultimate success. Current state of things: - original supply: 1,000,000,000 - already burned: ~180m (~18%) in roughly two months since launch - still circulating: ~820m - protocol fees (defillama stonkfun): ~$8.4m / 7d at today's price (~$0.35), that 7d buyback pace retires roughly ~2.3m solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx per day at today's 7d pace you're on track for ~34% of the original 1b gone by dec 31. double that pace and you land near ~50%. how do you beat voldemort when they have enough money to suppress your price? suppression is reversible. burns are not. voldemort can lease price with inventory and fud. they cannot unburn tokens. every day the mint shrinks, the float they have to lean on gets thinner. their cost of keeping a lid on rises, and Voldemort is the one pouring gas on the fire one obvious caveat is that whenever solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx price goes up, that means the effect of the buybacks is weaker, which is part of why Voldemort's buybacks are so weak compared to STONK's rapid deflation. this is the game theory @LaunchOnSF opted into and voldemort didn't design for. fair launch, no VC's, designed to go up with their holders. voldemort can win attention cycles through purchasable influence, but solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx is built to win the float war. if they keep suppressing while the burn accelerates, they're not "winning the chart." instead, they're volunteering to underwrite a thinner future supply for everyone still holding when the campaigns go quiet, assuming you've accumulated when you had the chance. see you at a billy+

Introducing the Million Dollar Club. Each of these coins has distributed $1M+ in rewards to holders. Who’s next?