this is one of the most insane things I've seen in crypto
a whale withdrew $3.8M from bybit and started TWAP'ing ORCA for 3 days straight, pumping it 65%
another one bought $1M in the same period
both staked their full amounts
no idea what's happening, but I assume something big is coming for @orca_so
I was at @OKX Now in Singapore today 🇸🇬
Great to hear @star_okx share his vision for where markets and money are heading, alongside several product demos from the @OKX team. Thanks for the invite @OKX, @koritual.
One thing that stood out was how much the conversation is moving beyond just trading.
Payments, onchain infrastructure and the connection between traditional finance and digital assets are becoming a much bigger part of the industry.
Also interesting to see @OKX and @Mastercard on stage discussing how both sides can benefit from working together.
Good conversations throughout the day with builders, partners and friends.
Always good to be back in Singapore 🇸🇬 for @token2049.
Received $12k in allocation on solana:Aybt5BWuW6kMNt7Jk1UmSgLzpEKev5pEnh82TA5rpump [ 160,000 solana:Aybt5BWuW6kMNt7Jk1UmSgLzpEKev5pEnh82TA5rpump ]
12k of 16k accepted here; how about you?
Visit:
https://t.co/g9iPZahqjS
- Check allocation here
- Claim refund/
Now, send solana:Aybt5BWuW6kMNt7Jk1UmSgLzpEKev5pEnh82TA5rpump to $1 !!
guys, be careful with OS listings
some bad actors are abusing the OS UI to make their listings show up first at 10-20x the floor price
some people have already been caught out and lost a lot of money
idk how they do it, but refreshing the page helps. the issue seems to appear after about a minute on the collection page
hope OpenSea can fix this soon
please @opensea@zjbrenner 🙏
what if I told you that the guy with 3k followers on this picture has a public confirmed net worth of 25M and just has been on @notthreadguy stream, actually has a 9-5 job and nobody would ever have noticed
while the other guy is what retail would think is a rich guy (he‘s one of CT‘s biggest larps)
welcome to the illusion of crypto
not everyone with a huge following is a real kol and rich
@solanadoomer1 the goat
so apparantly:
- 3 years of @jumperapp use, >1m volume, level 18
- top 100 @legiondotcc score with a 1000 wallet score
- bullposting/onboarding others
- 50k deposit
is not enough to get an allocation for jumper
very cool usage of a "merit based launchpad"
Abstract is winding down.
Starting today, all of @IglooInc's focus will go towards taking Pudgy Penguins, Pudgy NFTs, and $PENGU to the next level.
When we acquired Frame in the summer of 2024, the vision was to build the blockchain for consumer crypto. Pudgy Penguins had shown us what it meant to reach the masses, and we believed we could bring that same approach to building a chain.
Abstract achieved a lot in a short period of time; we built the Portal and AGW, onboarded major global brands, amassed over 300 million transactions, and grew a vibrant onchain ecosystem.
The journey became stifled by the lack of a DeFi ecosystem, insufficient liquidity, minimal institutional cross-over, and prohibitively high costs that impeded growth in winning areas.
Unknown to most, Igloo, Inc. had been funding Abstract over the last 18 months.
After losing tens of millions of dollars over two years, building consumer products, assembling an all-star team, onboarding some of the biggest brands in the world, and building a community of millions, we still had not found product-market fit.
In combination with the market's reduced appetite for what we had built and not being able to find a scalable path forward, we could no longer justify taking from the Pudgy Penguins business.
Igloo, Inc. has always been a community-first company. Even after losing 8 figures, we could have launched a token or pursued an ICO.
Ultimately we decided against this. A token only works if there is something driving demand to it, and launching a token that we don’t have conviction in would have been a disservice to our community.
The entire team at Abstract has worked tirelessly with a tremendous amount of passion to make the consumer crypto vision come true. I cannot fault a single one of them for this outcome.
To the Abstract community, I want to thank all of you for sticking by our side on this long journey and for continuing to champion us. You supported us through all of the ups and downs, and I wish the result could have been different.
There will be many that will find satisfaction in seeing this shut down, and that is fine. I take a great amount of pride in having the ambition to venture into the chain business, notoriously one of the most difficult to make work, and the only regret I have is not being able to celebrate a win alongside the Abstract community.
As we wind down Abstract, our full focus shifts to making Pudgy Penguins into the global & cultural phenomenon I know it can become.
Return to Pudgy Penguins.
We put around $500k into MegaETH
This is a reminder to never celebrate before selling
Turned out to be one of the worst investments ...
Still holding 90%+ of my allocation
Can we get at least 0.1 so I can exit?
BREAKING
Abstract is shutting down.
Make sure you migrate all your funds ASAP - or else when the deadline hits in December they will be gone.
That's another farming campaign that will not TGE.
Brutal year of campaigns for speculators.