Adapt or die.
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really good stream. first time i've heard Z talking about $Stonk and stonk eco at length, and i want to call out some really well-spoken/powerful quotes from @rasmr_eth here on why stonk fun is durable, powerful, and inspiring a new way of trading: "[when multiple stock or crypto pairs launch] the market PVPs this [between platforms, and within platforms], and the one that wins gets ALL the volume" "it's a slingshot where STONK gets all the volume" "i don't think it's really priced in [yet]" "on pump fun, you're getting cupsey, cented, jack duvall. these guys like trading sub-100k, they like multi-walleting, and they like trading lots of volume. "what pump is good at is liquidity at lowcaps, and that's its own game. when it comes to actual community building, [like ZCAT as an example], it makes a lot more sense for that to be a stonk pair rather than a pump pair. this is something i've been waiting for for a long time. a different style of launchpad that changes the way how users interact [with tokens]. this is how it should have been all along. the anomaly was that we were just trading pump coins in the past. i think stonk is here for months, and the market hasn't yet priced that in" (this is all in the first 15 minutes, would recommend a watch)
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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+
my god solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx has officially burned more % of their token supply in 7 weeks of existing (16.9%), than solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn has in 140 weeks of existing (16.76%). and it has no VCs that will unlock and dump on you. BILLIONS
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i think tokenized stocks are becoming one of the strongest metas on Solana Stonk is sitting right at the intersection of tokenized stocks and memes, with support across the broader Solana > anyone with a wallet and internet connection can get exposure to assets that may otherwise be difficult to access stablecoins proved how powerful that access can be and i think tokenized stocks are heading down a similar path
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JUST IN: $STONK HAS BURNED A HIGHER PERCENTAGE OF THEIR TOKEN SUPPLY IN 7 WEEKS THAN PUMPFUN HAS IN 140 WEEKS STONK: 16.9% PUMPFUN: 16.76%
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better late than never besides it being a good trade in my eyes and stonkfun being here to stay, this is a bid to support the good guys i love what they have done in such amount of time and really appreciate the community around it all amazing tek
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I’m confused how trump literally renames the most world alerting technology and the meme attached to it is sub $10 mil ???
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NEW: StonkFun (@LaunchOnSF) has surpassed both PumpFun and Pons in 7-day revenue.
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i 🫶 stonkfun
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NEW: @LaunchOnSF FLIPS @AxiomExchange IN 7-DAY REVENUE SOURCE: defillama.com/
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current stonkfun dev update regarding rewards if you're not on telegram at least they actually listen to user concerns and address them
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Fud campaign getting a bit insane... High tf bear div on stonk, totally normal for a pullback to ensue. I think it's worth watching revenue durability from here and assuming it remains durable (don't see why it wouldn't), look for a higher low (prob alongside some kind of hidden bull). Too early to gravedance when there's so much happening / so much momentum. Sticking to my plan (holding / yielding / expanding my inventory). My game has always been / continues to be riding stonk/eco to stonk 1b+. Stonk/eco obviously have almost everyone's attention now (good and bad). The community is enriched and sticky. Can stonk eco carry solana through the next bull as a main narrative? Tbd, but the stars seem aligned.
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NEW: @LaunchOnSF (StonkFun) has surpassed PumpFun and Pons combined in 24-hour revenue, becoming the #1 memecoin launchpad by revenue across all chains.
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lmao i didn't even realize they'd already unleashed the hate crew on $STONK when i made the comment above just saw this from midcurvemortal: nitter.net/midcurvemortal/status/… go and cross-check it yourself if Scooter, t1hater and rosaparks haven't started fudding $STONK yet, i'm sure they're going to soon and it's honestly hilarious how these same fudders somehow manage to aggressively and relentlessly attack virtually every Pumpfun competitor or critic... while conveniently going silent when it comes to Pumpfun itself i don't even hold $STONK but at this point, the pattern is about as clear as it gets do your own research and look at who consistently gets attacked, who gets defended and who gets ignored the pieces pretty much put themselves together
Gonna be interesting to see how long this lasts. $STONK is barely a month old, and so far the entire stock-pair meta has only amounted to wordplay around ticker combinations. How long until people get tired of “we paired ORANGE with AAPL!” ? Given the ridiculous 5% tax, most STONK tokens have only functioned as liquidity funnels into the launchpad before entirely collapsing. The top 4 ecosystem tokens being down ~20% today is a prime example.
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Replying to @jackduval
1. raydium & stonk dev already have said they will fix 2. stonk is spawning more 7-8-9 fig runners than any other launchpad for more than a week 3. im not even in stonk rn & its obviously a great launchpad by any definition
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waddles 🧲 retweeted
stonk fun's insane revenue/buybacks have been going on for weeks now and seem to be accelerating. wonder what happens as BTC marches toward its prev ATH, and social signals continue curling up off their 5 year lows? would be a shame if.. this cycle made 2024-2025 look like an echo bubble and we were all positioned in the first broadly-used fair-launch, fully circ, deflationary launchpad solana's ever seen
NEWS: @LaunchOnSF (StonkFun) has become the #1 memecoin launchpad across all chains by 24-hour revenue, surpassing both PumpFun and Pons combined. It also ranks #3 among all protocols across chains by 24-hour revenue.
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StonkFun Revenue (Sept 21st) Revenue: $2,093,482 Buybacks: $1,227,425 Burned: 3.47M solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx stonkfun.xyz/revenue
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NEWS: @LaunchOnSF (StonkFun) has become the #1 memecoin launchpad across all chains by 24-hour revenue, surpassing both PumpFun and Pons combined. It also ranks #3 among all protocols across chains by 24-hour revenue.
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waddles 🧲 retweeted
It's only a matter of time until $STONK hits $500M Then $1B $5B $10B $50B Math just mathing
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Pacing $5mil in holder rewards per day is kinda crazy.
$70,000,000 in rewards have now been sent to holders of StonkFun reward coins.
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