PSA - A DNS attack is going on right now affecting Squarespace domain registrar. Best thing to do is to not interact with crypto and rest for the next couple of days until everything is resolved.
Google sold their domain business to Squarespace a few months ago and the forced migration of domains to Squarespace removed 2FA causing all these domains to be vulnerable and several have been hijacked.
32.5K SOL ($4.45M) sitting between these
7L1ya5s1EhprSnZdNEdP6r3P7Qr6UZniEcqXYgz1w3yP
DbpmbTRCeRivMg4mGXJvWu2Y5RJPpjWpKvCM52GgiSEj
5TyfptAZpii5LninzmJoEHPtEbjNutPKStHDSJiiZtE9
BJko9YbaZTvqjTo3UnrBkeArkNXbyKP23tFy3SrqN7xW
Kucoin deposit address (1.18M USDC deposited today)
AL8KbdHFMsmMdfMcVUVU6BpzYdWhgudP28eE87BE4LWy
I probably missed some (only took a quick look)
Dorae was pretty educational for me:
- If you control enough supply, you can push the marketcap to crazy levels, It fucking flipped Wif.
- There are a lot of projects which are controlling 80-90% supply, they use marketmakers to make it look natural and push with enough noise to get listings on exchanges then they dump hard or soft idk
- Teams like brett and Wolf are probably for long term but they do the same thing, they can push the mcap to crazy levels too but they want to get enough community, backers, VC etc to be legit.
- it depends on how legit the teams actually are, how big they want to be, how much supply they can hold and sell so there's no fuckery with the chart. The brett team did it amazingly, in the hindsight it makes sense that people would jeet supply af, so it's important if a good team holds it.
- People will buy whatever is going up, they don't give a fuck, They ape green candles more.
- People are run by fomo in this space, they make or lose money because of that. Someone sold their wolf to ape dorae and lost everything...
Shit like that happens almost daily now. Crypto is full of new things.
So beware. ALWAYS DYOR.
Also, you can paid 2 sol to create your meme on https://t.co/lj88fspxOT if you donโt want to creat it free!
Why you want to paid to creat and not like free to creat?
Because when you paid to create your meme, your meme will be listed on memeboard automatically.
Also you can set only https://t.co/lj88fspxOT VIP players can buy your meme if you want before send to raydium.
Your meme page will get a verified icon like X account. I think there will be more powerful features for you to manage your meme page if verified.
Every time you create a meme, you will get a lottery ticket. You can win the prize after 7 days, 7 hours, 7 minutes and 7 seconds. The prize maybe good luck, or maybe 1-100 sol.
https://t.co/jukVqCZO46 VIP players will have a special big Jackpot pool, maybe one day someone lucky will win one million dollars!
ok look i'll make this as simple as humanly possible
on Solana, you store data and code separately (this is not like Ethereum)
if I want to create 10,000 NFTs โ I create these things called "accounts"
each account is one NFT
so 10,000 NFTs -> 10,000 accounts
but creating an account is not cheap, so if you do it 10,000 times, the costs add up
(the reason is that validators store the accounts on their nodes, so if there were no cost, you could just create billions of accounts and the validators would have infinite hardware requirements)
what compression does is it lets you compress those 10,000 accounts into 1 account
and then store the data in a cheaper place on Solana (the ledger)
and then link their integrity via basic cryptography
so you pay ~10,000x less because you only have to create 1 account instead of many
that's it
you are literally compressing many accounts into one
not exactly rocket surgery
@stogolp Yep. Shilled Sexyreds rug yesterday.
All these crypto influencers have no shame and just scam their audience.
Thats why Ive come, change is needed.