basti.sol

Software Developer | Everything Web3 $jup $sol |

[The Kobeissi Letter @KobeissiLetter]

OPENAI'S "CODE RED" ANNOUNCEMENT:

The irony of this announcement is that Google was the FIRST tech giant to issue a "code red."

On December 21st, 2022, exactly 3 WEEKS after ChatGPT was announced, Google issued their "code red."

Google was concerned about ChatGPT's threat to "the future of Google's search engine."

Today, OpenAI has issued their first "code red" as Google's Gemini 3 model has seen massive growth.

OpenAI is now pausing many of their "side projects" to focus on improving ChatGPT amid increased competition.

What does this all mean?

In our view, this is extremely bullish and yet another sign of the technological revolution we are in now.

The immense competition we are seeing in AI is the perfect example of why capitalism is the backbone of innovation.

More competition = more innovation = more value creation.

Asset owners will win.

[basti.sol @SeFB258]

Think this is a great place for a good bounce. Loads of shorting going on here, 23% retrace from top. Ppl overthinking FDV but no more tokens released for a year. Still not even in top 100 right now & only 400m mcap for such a hyped project, think we push higher here! $mon

[basti.sol @SeFB258]

Looking at $mon chart I believe there’s more upside than down at this price. NFA but ppl clowning the coin will probs be salty soon.

[basti.sol @SeFB258]

Looking at $mon chart I believe there’s more upside than down at this price. NFA but ppl clowning the coin will probs be salty soon.

[basti.sol @SeFB258]

@benln Yes for sure !

[basti.sol @SeFB258]

Withdrawals are broken on Aster for Solana - can’t select any coin to withdraw? @Aster_DEX @cz_binance @Leonard_Aster

[basti.sol @SeFB258]

Jupnet?

[Jupiter @JupiterExchange]

BIG MONTH

[Jupiter Lend @jup_lend]

blown away by the @JupiterExchange community, as usual

[DEGEN NEWS @DegenerateNews]

BREAKING: $BTC HITS NEW ATH

[toly 🇺🇸 @toly]

I think there are two phases in companies, pre and post pmf. Pre pmf, you need to just launch and iterate products as fast as possible. We had like 80% turn over on the BD side because you just have no idea what works and what doesn’t. We had no clue how to get enough revenue to keep the lights on.

During that time we had less than 5% turnover on the eng side. The vision stayed the same, “fast chain”, but what its used for was really up in the air. I was just trying to basically survive and keep the engineers paid while they could iterate on the “fast chain” idea.

Post pmf, we know how the “fast chain” makes money. That all actually came together well after the ftx collapse. After we launched priority fees to fix the landing bugs, jup and jito took off like a rocket ship and we had really good volumes on chain. It was obvious how priority fees can have sustainable revenues.

But this moment came 3 years after launch, 5 years after we started. After many crazy ups and downs. And all came together on accident. The priority fee/local fee market stuff was out of necessity, not some strategic product thinking.

[SolanaFloor @SolanaFloor]

ICYMI: @Solana has outpaced Ethereum mainnet in DEX trading volume for the 10th consecutive month, reaching $124B in July, 42% higher than Ethereum.

[Watcher.Guru @WatcherGuru]

JUST IN: Total cryptocurrency market cap reaches a new all-time high of $4.1 trillion.

[Jupiter @JupiterExchange]

Excited to have Coinbase’s Stablecoin Bootstrap Fund enhancing liquidity on @jup_lend.

With the Public Launch coming later this month — the stage is set for the most advanced money market on Solana.

[Bitcoin Archive @BitcoinArchive]

2018: Harvard says Bitcoin is more likely to hit $100 than $100K.

2025: Harvard buys $116M Bitcoin at $116K.

Everyone gets Bitcoin at the price they deserve.

[Jupiter @JupiterExchange]

Portfolio has been massively gaining popularity for good reason:

It's the most comprehensive command center for all your wallets. Manage positions, assets, and rewards like a pro.

100% MoM growth over the last three months. @jup_portfolio team has been cooking!

[meow @weremeow]

@NFTMuse_ chair has legs

[basti.sol @SeFB258]

@DSentralized Good meme, liked by Elon

[basti.sol @SeFB258]

@DSentralized $jewpiter launched by same dev

[basti.sol @SeFB258]

Frrrr

[Boring_Business @BoringBiz_]

Getting an entry level job before the release of ChatGPT in 2022 was like taking the last chopper out of Vietnam

Few realize this yet

[basti.sol @SeFB258]

The ultimate shitcoin

[Watcher.Guru @WatcherGuru]

Purchasing Power of the US Dollar in June since 1950:

• 1950: $1
• 1975: $0.55
• 2000: $0.14
• 2025: $0.07