REMEMBER PNUT
In late 2024 a token called PNUT (Peanut the Squirrel) launched on Pumpfun It had no technology behind it. No whitepaper. No utility. No developer building anything. Just a viral story about a real squirrel that captured public emotion at the right moment.
People who discovered it early and sold quickly made money. People who held through the volatility made more. People who panicked and sold during dips missed what came after.
But here is the part of the story worth remembering.
The developer who launched PNUT didn’t believe in what he created enough to hold it. When the price moved he dumped approximately 80% of his own holdings into the market. He had no conviction in the thing he built.
And yet the token still pumped. Still got listed on a major exchange. Still rewarded the people who held through the volatility.
PNUT eventually got listed on Binance. Not because of anything built. Because enough people believed in something long enough for the market to take notice.
The lesson most people take from PNUT is about price. The lesson worth taking is about conviction and patience.
Now consider what QNET actually has that PNUT never did.
Real technology being built commit by commit in a public repository. A verified 54,000 TPS benchmark. A working light node cycle. A live explorer. A developer who has spent over a year and $20,000+ of personal money building something he believes in. An economic model designed around genuine participation rather than speculation. And a 1DEV token that was submitted to CoinMarketCap from the very early days of launch, the documentation exists for anyone who wants to verify it.
PNUT pumped on emotion alone.
QNET is being built on substance.
If emotion alone was enough to take PNUT to Binance the question worth sitting with is what substance combined with the right moment of discovery could eventually mean for something genuinely built.
That is not a prediction. It is simply worth thinking about.
For context: Phase 2 triggers automatically when either 90% of 1DEV supply is burned or 5 years pass from genesis block whichever comes first.
90% burn is 900,000,000 tokens permanently eliminated from existence. That requires significant activation activity across the network over time. The five year timer runs simultaneously as a parallel pathway regardless of burn progress.
Both paths lead to the same destination. The network was designed to get there either way.
Understanding this is part of understanding why patience in early stage networks has historically produced outcomes that impatience consistently missed.
REMEMBER PNUT.
Not for the price.
For what conviction looks like before the moment arrives.
@RajiMoses_ cares.
QNet is a Post-Quantum Layer 1 Blockchain Built by a Solo Developer.
Since March 2025, a single developer has been working full-time on QNet which is a highly technical Layer 1 blockchain written entirely in Rust.
4R3DPW4BY97kJRfv8J5wgTtbDpoXpRv92W957tXMpump
246 Day of straight up hard work about to pay off for @AIQnetLab
I've been telling you about it for months and months, but you still won't do the research and buy it.
#1DEV
Hey fam.
Hope you had a good start to the week.
A few things landing in the days ahead worth sharing.
The updates dropping this week will focus on the progress made over recent weeks on the public side of the platform, both for SOL holders looking to delegate and for validator operators looking to integrate.
HERALD is coming back to active posting this week. The workaround on the X side is stabilizing, and the agent will resume sharing live commentary on agent decisions, network events, and signal activity as planned.
We also have a scheduled call this week with the Helius team to continue exploring the white label validator path. The conversation moves forward seriously on both ends, and we expect more clarity on the direction in the coming days.
$AAXN
Main update from this space: I learned how to buyback 34.5148M $PURSES by claiming fees & how to lock my tokens with @Streamflow_Fi for 3 months!
Check it out👇
https://t.co/oMut25VaaO
🔐 Just locked 34.5148M $PURSES tokens with @Streamflow_Fi
It's on-chain. You can check the amount, time-period and recipients.
Check it out👇
https://t.co/oMut25VaaO
< 1 week into building $PURSES on @solana
Thank you to all who welcomed me into sol in such a friendly & helpful way🙏
At their recs:
We have a tg group now! (comment)
I am posting this snapshot going from nothing to this in < 1 week ⬇️(@colosseum@BagsHackathon)
More to come!
This isn't larp btw, one of the RARE coins where the dev is doxxed! Check her socials some of them have the CA on it as well plus dev is active on TG @erinmagennis
She also said on TG she can do spaces idk when but maybe soon.
Join $purse TG here:
https://t.co/88voMreMgx