🧵 1/ MegaBanX Build Update ⚡️
The past month was all execution - major progress across smart contracts, the perps and the frontend.
We’re moving fast toward MegaETH testnets. $Mega
Let’s break it down 👇
🧵 1/
We’re expanding.
AlphBanX → MegaBanX
A new chapter with bigger ambitions.
Alephium is where we learned, built, improved, and met incredible people.
The meet-ups, the talks, the support from the core team - that all shaped us more than most people know.
We’re coming to @MegaETH because it’s time to level up - build faster, push harder, and finally execute the full vision the way it was meant to be built.
we’ll continue building on Alephium.
That chapter isn’t closing - it’s part of our identity, and we’re grateful for every step.
Join us: https://t.co/Uj8U2T1cgS
Full roadmap below👇👇
THE TIMELINE OF A HIT JOB
MORE PROOF of a coordinated attack against $MSTR and Digital Asset Treasury Companies.
They want you to think this delisting decision is organic. The timeline proves it is discriminatory theater.
I went back and tracked the dates. This didn't start with MSCI. It started with a short seller, a liquidity squeeze, and an overreaction to Metaplanet.
THE TIMELINE
May 14: Jim Chanos announces his "Long $BTC, Short $MSTR" trade; a blatant attempt to sway market sentiment.
July 7: JP Morgan implements a firm wide margin hike on trading $MSTR (50% to 95%). Translation: They choked off leverage to force liquidations, in a clearly hostile act to manufacture selling pressure.
Sept 12: Metaplanet announces a capital raise. MSCI panics realizing that more companies are adopting the Saylor Playbook at scale.
THE SMOKING GUN - In the (attached) Sept 12 announcement, MSCI admits the quiet part out loud:
“...to avoid potential reverse turnover, MSCI will exceptionally not implement the public offering of METAPLANET...”
They froze $MTPLF out to obstruct the trend of $BTC on corporate balance sheets. This wasn't "consulting” with the market, this was gatekeeping.
Oct 10: MSCI announces “...an extension of its ongoing consultation with the investment community…” at 8:34 PM GMT. Translation: They need more time to build out a retroactive cover story.
The Kicker: This was exactly 16 minutes before President Trump’s Tariff announcement (4:50 PM EDT) that triggered the Global Flash Crash. No way this is just coincidence. They used the macro panic as a smoke screen to bury the announcement.
Nov 20: $MSTR | $BTC sentiment is in the tank. JP Morgan sees an opportunity. They dredge up the 42 day old MSCI note (that was prompted by the 69 day old Metaplanet note) and raise the alarm on the "de-listing" for Strategy.
The Reality? They make NO MENTION of the other 38 companies this rule impacts (List attached in that comments to this post).
Present Day: We are seeing reports of frozen $MSTR share transfers out of JPM and Failure to Deliver (FTD) spikes in $MSTR.
This is a wanton, shameless targeting of $MSTR dressed up as "responsible oversight”. Look behind the veil, don't fall for the theatrics.
Welcome to the new era of DeFi - built for BanXers🦉
Zero-Interest Loans are live - and our redesigned dashboards are ready for you to explore.
Borrow at 0% interest.
Stake $ABX → Mint $ABD → Stay fully in control.
No interest. No limits. No middlemen.
💎 Stake 150,000+ $ABX to unlock the private AlphBanX Inner Circle TG - exclusive access for top holders.
👉 https://t.co/kW0id7cJyV
Need help or want to connect?
Join the community:
https://t.co/Uj8U2T1cgS
Today, I want to spotlight David from @ChengisWang — a dedicated member of the Alephium community and a driving force behind $WANG. While memes come and go, $WANG has stood strong for over a year, fueled by their relentless commitment. Hats off to you and your team!
Last year, you launched $WANG seemingly out of nowhere. I remember seeing the first tweets and the creative website you had built. At the time, people didn’t know who you were, but you quickly gained their trust and attention. Can you tell us more about who came up with the idea to launch $WANG and who is behind the memetoken?
David: I believe that the original idea was concocted by a man by the name of Sean, who at that time went by the name of WesternMastery. At the time he was a regular poster in the Alephium Trading and Ayin Telegrams.
I think one or two of the astute Alephium mods may have at least twigged on to this gist of this story.
In late 2023 I saw a crypto group being advertised on an X account I read. It was being suggested that this was a very good group where many great coins had been “called”. This was back in late 2023, when $ALPH had just moved up 5X in a month or two and 20X from the cycle low.
This group is owned by someone who goes by the name Lord Zybach, and under the stewardship of his trusty “Asian quant” Ser Orbis. The group was a high energy insane asylum. The main coin people in the group held was $ALPH. I’d not heard of it as I was mostly holding BTC, ETH and a few top 100 coins. It was coming up for a MEXC listing, so I bought it without looking into it much.
At the time people were discussing meme coins, since in that period the main meme coin on Stacks ($WELSH) went from $0 to $130m. And people thought that each chain would have their own coin that would do something similar. At the time there wasn’t really a proper meme coin on $ALPH. So I decided to put one together with someone else’s idea for $WANG.
So there was already at last 300 $ALPH holders in that group ready to buy it, which I think is why it was able to stay afloat for so long. That and the fact it’s posted most days for 15-16 months.
It turns out Lord Zybach is a scammer who used his paying members for exit liquidity on rug pulls. On top of other scams. He presents himself as a multi-millionaire, but he destroyed his name to rug five-figures. So I left there as soon as I found out what a scammer he is. It’s a shame that’s there’s been so many of them this cycle. I think they’ve had a noticeable negative effect on real builders like $ALPH.
As for Ser Orbis, who was active with $ALPH up until about September 2024, last I’ve heard he is on dialysis and won’t make it to 2026.
Memes often gain attention and ride a wave of hype, but most eventually fade away. However, you're still actively supporting $WANG and consistently posting great, funny graphics on Twitter. What motivates you to keep going and stay engaged, especially at a time when many other projects seem to lose momentum?
David: I’m not able to give up on anything I do. Even if I want to. Is this the spirit of Wang?
What’s your take on the massive meme hype we saw last year? How do you see the future of memes in the crypto space evolving? If you could change anything about the current scene, what would it be? And is there anything in particular that annoys you?
David: You can see that once the market hots up, memes start taking up 20% of TOTAL volume. Yet the market cap on them beside DOGE is always fairly small, like 1% and the liquidity of them is tiny. Most people know when memes pop it’s going to be brutal.
A lot of the money that would be cycling on new alts is now cycling on memes. There are a lot of young guys who don’t see much of a future with living in late social democracy. That is the difficulty of being able to afford a normal life of a home and family. There are a lot of guys who are trying to roll for the 100,000X BOME lottery.
I saw many of these guys hit very badly when memes cratered in Feb-Mar. But many of them are now back. Rolling the dice, and the majority of them will loose massively. But they know that and just hope they will be one of the winner.
So if the market hots up, memes are going to be hot again, and they will take mind-share and market cap from real builders.
I don’t think the space will go away. It’s a new form of gambling that can’t be regulated. It has a unique feature that it’s not difficult to see huge returns, but it’s difficult for most people to keep them. It’s just going to continue, through the bear market and into next cycle.
If I could change one thing we’d all be living under a techno-theocratic tyranny.
In your opinion, how important is it to have meme tokens on a Layer 1 blockchain like Alephium?
David: Not really important. Any chain that builds infrastructure like $ALPH has will get them. They just function as a leveraged bet on the chain.
How do you see the future of Alephium with the launch of Danube and its impact on the entire chain and ecosystem? Is there anything you’d like to see on Alephium in the future—whether it's specific dApps, partnerships, or other developments?
David: Not sure what the effect of Danube will be. My thesis is that what will happen with blockchain is that the large chains will continue to grow up until the point that there is growing demand for real economic activity on-chain. Right now it’s just gambling, which is not real economic activity.
When there is real economic activity, chains likes BTC and ETH are unusable. They are not capable of even small-scale use as a payment system or base layer for decentralised apps. When the demand arises people will have to move to chains that can handle the throughput. And we’ve just seen SUI exposed as another command and control chain. If enterprises, sovereigns want to dive deep into a chain, they are probably not going use SOL or SUI.
Up until that point I think it will be difficult for newer projects to have a shattering breakthrough without the large sums of money that are now used to inject and hold coins in the top 100.
ALPH is well placed as it has so many things that an enterprise or sovereign will be looking for if they are serious. So with Gigatons, they might be moving a lot of real economic activity on-chain. That’s where all the real value is long-term.
Ultimately real wealth is raw materials, finished products combining one or more raw materials, traditional services and digital services built on top of it all. For crypto to truly have value, that wealth needs to be integrated into a blockchain. Whichever chain(s) are first to win here, will win outright. Chains that are just (centralised) gambling dens and low-throughput boomer chains don’t have legs.
$ALPH has about all that’s needed. I think it would be better to find projects that would add cross-chain support for $ALPH on exiting projects. As well as more people using what already exists.
Any last words to the community?
David: Stand by for BabyPoolTool.
Can you help $WANG make $ALPH the next currency of Ireland?
Like and comment on $WANG's comment on future Taoiseach of Ireland @TheNotoriousMMA's crypto post.
https://t.co/UlkFqp6trw
Full node 3.14.2 has just been released, fixing another issue reported by the awesome community. If you are running Testnet full node, please upgrade.
We've done extensive testing in the past few days, especially with VM replay. The Danube upgrade code looks very solid now.
$WANG has concisely laid out why $ALPH is the gold-standard of L1s, showcasing its ecosystem of 33 projects.
If you are an active $ALPH educator on X, consider posting it with your comments like, " Check out $ALPH " - giving people an easy path to quickly see what $ALPH offers.