Found this rare video of Frank degods being himself at an NFT event. Notice how he is able to switch personas almost perfectly. This is because he was a theatre kid in college
TST got listed on Binance. A few thoughts:
1. CZ said “fundamentals”, then talks about a test coin turned meme coin.
I posted to clarify that TST was NOT endorsed by me/us. It was just a test token used in a video tutorial. But every clarification post just made it more viral for whatever reason. 😂
2. Is CZ shifting away from fundamentals? No. I am a builder. I always focus on fundamentals.
3. Is CZ “into” meme coins now? It depends on your definition of “into,” I haven’t bought a single meme coin so far.
4. Then, is CZ against meme coins? No. Not “into” something doesn’t mean I am against it. I am not into sports cars; I don’t collect art; I haven’t bought any NFTs; I also haven’t bought most altcoins (I hold BTC and BNB). But I am not against any of the above. And I think most of you’d agree, that I have worked hard and "gone to some lengths" to help many altcoins and the crypto industry in general. I adopt the same view towards meme coins.
5. Why did TST get listed on Binance? I don’t know for sure. I am entirely NOT involved in their listing process. Based on historical experience, people always complain, “Why do you list this but not the coin I hold?” You might not like to hear this, but the truth is: exchanges must compete to list popular coins (with trading volume) as early as possible. If your coin is actively sought after by traders, you don’t need to talk to exchanges. As I always say, work on your project, not the exchanges.
6. Why do people buy memes instead of utility tokens? I don’t know, but I will go on a limb and make a few speculations (pun intended).
6.1 During the last four years, a powerful regulatory agency sued almost anyone with any utility token, falsely claiming they are securities. So, people started to launch memes.
6.2 There are groups of traders known as speculators. Things with clear tangible value are harder to speculate on. They stay around the clear value. This is indeed a challenge for RWA. For example, a building whose value doesn’t fluctuate much may not have a lot of trading activity. Then, it won’t have much liquidity, and the order book becomes thin, then even less trading activity, a vicious cycle.
6.3 Memes are fun, etc. It’s a cultural thing. I am not an expert in this area. There are plenty of die-hard defenders of memes. Don’t go against the community.
7. Lastly, it’s clear there are lots of money ready to invest in the market. Lots of opportunities. You need to build things people want.
Happy building and happy memeing! And manage your risks. 🫡
$JBL is massively undervalued imo.
- Massively viral on TikTok & hilarious
-easily memesble
We are still early 8FGxHMgcSAuCGfvPW3eQncaRfgbiKPhFptj6c7p1pump
To any Y2K holder complaining about price action or stressing over short-term moves, I say this with all due respect - I do not give a fuck.
We’re not here for a quick pump-and-dump.
The team is building Y2K into a multi-cycle giant, and no amount of short-term volatility is going to shake that mission.
The market is rough - look around.
Everything is getting hit. Yes, Y2K is affected by it, and that’s fine. We have funds. We have a team. We have a vision. We’re operating and executing on so many different ventures that short-term price literally does not matter.
If you’re worried, it likely means one of a few things:
One, you’re overexposed, so de-risk.
Two, you don’t know how to emotionally manage your investments and you need to learn how to deal with that.
Three, you don’t understand the volatility of memes. This is not the S&P. This is not a traditional stock market that moves 5% a year. This is a space where things can go down 80%, then 4,000% up. You don’t get this kind of upside in a market that isn’t volatile.
To those constantly DMing us, we hear you. We see the concern. But this is a coin for believers. If you don’t believe, you should exit - because we’re not here to listen to complaints every time the price dips.
This is not a scam pump that goes to 200m and then vanishes next day.
We are building someone much bigger that.
This will be a multi cycle culture coin leader that shows the blueprint for how next generation companies get built.
Y2K is about optimism, connection, and believing and we live by that.
So again, fuck the short term noise.
T.