Loiynes🟧💥

Sonic Anon forced hodler x2. Addicted to gambling. I need help

[Loiynes🟧💥 @Loiynes]

@0xmg_sonic @FantomFanatik @SonicLabs @SonicEcosystem Lol conviction level 0 type shit

[Loiynes🟧💥 @Loiynes]

@danielesesta Entire chain's bandwidth is yours to play with ser. Few.

[Loiynes🟧💥 @Loiynes]

@SonicLabs 2017

[Sonic @SonicLabs]

🎄 Day 3 of Sonic's 8 Days of Christmas is here.

Today's prize is 1,050 $USDC!

To enter today's drawing:

- Retweet and like this post
- Comment the year you entered the crypto space

🎅 Good luck!

[Loiynes🟧💥 @Loiynes]

@thecoindaddy @SonicLabs @MitchellDemeter @Captain_Owens Once they flip to burn only, no more Feem just burn, no more mint, just burn, then we buy

[Loiynes🟧💥 @Loiynes]

@thecoindaddy Bro singlehandedly bringing everyone back together, restoring hope to sonic. Not just new leadership at soniclabs. Now sonic also has cult leadership.

[Loiynes🟧💥 @Loiynes]

Anon is the only interesting thing worth looking at on Sonic at the moment. The bullish thing about Sonic is that Daniele has so much S in his treasury that hes incentivised to pump Sonic. When he makes a new token or tries to do a new raise is when u know hes given up on sonic.

And even Anon's likelihood to return to previous highs which is literally over 10x from here is questionable.

[Loiynes🟧💥 @Loiynes]

@danielesesta Trick question. Launch everywhere

[Loiynes🟧💥 @Loiynes]

@chillmindexe @8bitsam Yea. Polter hack was 10m USD in TVL. Obv to an extent there was looping of deposits to farm the token. But still, they let that go at the time and there was sizeable StS and S on there too.

[Loiynes🟧💥 @Loiynes]

@danielesesta Run it back turbo...???? :O

[Loiynes🟧💥 @Loiynes]

@sayinshallah Chinese crime szn. Spot the next binance alpha listing = win big

[Loiynes🟧💥 @Loiynes]

Bruh I honestly thought Sonic was dead but turns out it's marketwide.

Yea the longer term looks really bad, but cant blame the past week's price action on 10-months of BD issues. For the longer term trend sure, but clearly the past week's sell off isnt directly related.

[Loiynes🟧💥 @Loiynes]

@Ceazor7 @SonicLabs Yea tbh if anyone is keen on buying into $S, better buy LP to farm and rebalance if it dips harder.
Personally I think ill just wait for signs of recovery or momentum. Chain works great and isn't a memecoin, so probably worth keeping an eye on regardless

[Loiynes🟧💥 @Loiynes]

@RandomBinarySEQ Tbh i think ill just buy the recovery if there is one rather than catch falling knives. There's just not much traction on Sonic at the moment

[Loiynes🟧💥 @Loiynes]

@chillmindexe Such a great month for gaming. Held off on getting early access on PC to play the full experience on switch 2

[Loiynes🟧💥 @Loiynes]

@cryptomoge @chemacs @StoryProtocol @SonicLabs Yea, the in-person events always feel like a strange decision when at the end of the day, we dont see much movement on socials or on chain. And anything they announce online would prob get more eyes than announced at a physical event. But idk, I dont go to crypto events.

[Loiynes🟧💥 @Loiynes]

Yea not all dexes. Like I said, it’s really just the ones that rely on users propping up dex token value which they inflate supply to give higher yield while the actual revenue is well below the value lost through inflation. It’s also kinda disingenuous too when they get away with it on defillama. Personally, I’d much rather just wait and see what FT looks like than bet on existing dexes right now.

[Loiynes🟧💥 @Loiynes]

And ofc the ppl screaming scam are purely retarded. It's obviously not a scam if theyre going to public events where non-insiders can attend. It'd invite an assault. It's more so some poor business decisions and shit luck. I cant speak on the team's competence because idk how they work.

[Loiynes🟧💥 @Loiynes]

I think the problem with Sonic is that they reject crime season. They are trying to legitimise in a space of degenerate gamblers. Solana is vibrant bcs of pump fun pump n dumps. Or even polymarket for an evm example.

So instead of pushing ponzinomic defi like dexes fueled by inflationary tokens where we play a game of "who's being farmed", they tried to push stablecoin yield farming for eg. Or technically, even their small attempt to push blockchain gaming which is less "scammy", but ultimately the economics break down anyway and it looks like a scam to non-crypto natives so will likely not take off like axie ever did which embraced the idea of a ponzinomic sweatshop.

Now, to bring back users on chain? I think they either fully legitimise and somehow fully onboard RWAs and attract tradfi money, or they lean back into degen gamblers and reopen ponzi crime season. I think theres a world where we can cruise in the middle. I.e still push for legitimisation while turning on the volume bots, encouraging yield farming, LPing, and dex token gambling.

Right now, it looks like the legitimisation route is a deadend from AC's tweet about approaching lawmakers in the US. I think its near impossible to convert tradfi unless u can make them transact onchain without knowing their onchain.

[Loiynes🟧💥 @Loiynes]

Sonic users getting rekt by inflationary dex tokens in 2025 is so 2021 post-defi summer coded. The old dapps are prob fked, old defi is dead. Just pray on FT if you still believe in Sonic. Begging foundation to pump money into a dead dex is like performing CPR on a decayed corpse