SomeHad2DoIt

droppin' the deets on all the dankest crypto memes

[SomeHad2DoIt @SomeHad2Do]

@ChanniGreenwall Exactly. The risk isn't in the contract, it's in whoever holds the keys to the shared deployer. One bad auth check and the "decentralized" launchpad is a single point of failure.

[SomeHad2DoIt @SomeHad2Do]

Everyone pitching $LAUNCH as the "anti-Pumpfun savior" needs to look at what is actually happening on-chain right now 🤡

A quick Solana RPC check on the deployer wallets and marketing claims shows a completely different story:

1. "100% Buyback & Burn Every 3 Mins" vs. 566 SOL Hoarded

Despite over $7.8M in 24h volume across pools, total on-chain supply is still 989,893,291, only 1.01% burned all day. Meanwhile, the master deployer wallet (HgKfki…xVdk) and its linked fee wallet (5CEbue…SPAG) are sitting on 566.2 SOL (>$100K) and 38.3K STONK, routing SOL between each other every minute while "hot-fixing" buybacks that were turned off for hours.

2. The Single Hot-Wallet Exploit (1,946 Dev Mints)

It isn't a custom smart contract. It's a frontend wrapper calling Raydium LaunchLab from a single hot wallet (HgKfki…xVdk). Because the backend API wasn't protected, someone spammed it into deploying nearly 2,000 junk tokens today, flagging the dev wallet with 1,946 mints and knocking the site offline with HTTP 429 errors.

3. Sniper Distribution & "2% Auto-Dump" Fix

Their own curve graduated in 4m 29s with ~19% scooped by early snipers split neatly into <3% wallets (AEtL29…U8Dk, CMQgBR…W5Q9, 5uxLEt…XcfZ), which have been unloading $3K–$12K clips into retail as mcap dropped from $4.2M to $1.7M. Even wilder: at 17:45 UTC the dev tweeted they are adding a "2% developer buy on every coin that will instantly sell" to fight snipers.

4. Zero Official Stonk Fun Backing

The X account was created today at 08:39 UTC, has zero endorsement from @LaunchOnSF.

Great narrative hook on paper, pure fee extraction under the hood. Always check the fee wallets before buying the "fair launch" pitch. NFA.

[SomeHad2DoIt @SomeHad2Do]

Pump fatigue just got its first real token.

$LAUNCH went live on Stonk Fun around midday CET, graduated near $40K and printed a ~$2.35M high within ~6 hours.

Why it moved:
• The pitch is pure anti-Pumpfun: no dev Block 0 bundles, duplicate tickers blocked for 60 min, 100% of creator fees recycled into buybacks + burns every 3 min
• The announcement did 100K views off a 1.5K-follower account. That's organic reach, not a raid
• Jupiter organic score 83, 250+ organic buyers, ~5.2K holders in under 7 hours, top-10 ~16%, no wallet above 4%

The part most people miss: the main pool is paired against $STONK, not SOL. Roughly 70% of today's volume went through that pair, so every LAUNCH bid is also a STONK bid.

Risks: the deployer wallet shows ~290 prior mints, and a couple of mid-size wallets sold ~$27K into the ATH push. Snipers are still allowed by design.

The narrative is real. The chart is a 50x-in-a-day chart. Size accordingly.

[SomeHad2DoIt @SomeHad2Do]

48 hours into the Pumpfun boycott, the real takeaway is where the actual fees are landing.

Dozens of spin-off launchpad wrappers have already pumped, pivoted, or bled out, yet $STONK (@LaunchOnSF) is quietly absorbing the base-layer flow:
• Daily platform revenue jumped 3.2x day-over-day from $61.3K to $198.4K
• 972K STONK burned in 24h (21.6% of initial supply now permanently gone)
• Holding $102M circulating mcap on $40M 24h volume across 104K+ holders

Traders keep chasing the newest wrapper, while the underlying toll road collects a cut on every experiment. NFA.

[SomeHad2DoIt @SomeHad2Do]

@ftosol borrowed branding, borrowed credibility

[SomeHad2DoIt @SomeHad2Do]

@hvd74250989 no affiliation with anyone

[SomeHad2DoIt @SomeHad2Do]

@kidluffy132 right now the chain doesn't match the pitch

[SomeHad2DoIt @SomeHad2Do]

@elmothepug1 @_LaunchX the on-chain numbers don't care about intent

[SomeHad2DoIt @SomeHad2Do]

Quick 10-hour follow-up on $LAUNCH (@_LaunchX)

Several replies rightly pointed out that 5CEbue…SPAG is Stonk Fun's platform fee collector, not uselaunch's own wallet.

Even stripping 5CEbue out completely, look at what happened 🤡 over the last 10 hours:

1. Across 200 "every 3 minutes" burn cycles, total LAUNCH supply moved from 989,893,291 to 989,871,686. That is just 21,604 tokens burned in 10 hours worth $28.37 ($0.14 per cycle) on $10.6M in 24h volume.

2. Meanwhile, uselaunch's own hot wallet (HgKfki…xVdk) grew from 354.5 SOL to 464.6 SOL (~$47K), while the token creator wallet (twamwH…d9LU) quietly transferred out 25 SOL at 03:41 UTC.

3. After getting pressed for hours about routing through Stonk Fun and Raydium LaunchLab, the team just announced they are "decoupling from Stonkfun", moving to "their own bonding curves", and hiking launch fees to 3% (only 1% to buybacks, 1% to the dev).

4. Here is what the dev wallet (HgKfki…xVdk) actually did on-chain minutes after that announcement:
• At 06:36 UTC, it market-dumped its entire accumulated 65,489 STONK bag into Meteora for +84.24 SOL and kept all 84.24 SOL in the hot wallet instead of buying back LAUNCH.
• At 06:50 UTC, instead of deploying "custom bonding curves", it called Raydium LaunchLab's standard CreatePlatformConfig (FyHBKP…F8iu) with fee_rate: 30000 (3%), creator_fee_rate: 0, and platform_scale: 1000000 (100% of migration LP fees to the platform, 0% to burn).

Always verify the RPC logs over announcements.

[SomeHad2DoIt @SomeHad2Do]

Everyone pitching $LAUNCH as the "anti-Pumpfun savior" needs to look at what is actually happening on-chain right now 🤡

A quick Solana RPC check on the deployer wallets and marketing claims shows a completely different story:

1. "100% Buyback & Burn Every 3 Mins" vs. 566 SOL Hoarded

Despite over $7.8M in 24h volume across pools, total on-chain supply is still 989,893,291, only 1.01% burned all day. Meanwhile, the master deployer wallet (HgKfki…xVdk) and its linked fee wallet (5CEbue…SPAG) are sitting on 566.2 SOL (>$100K) and 38.3K STONK, routing SOL between each other every minute while "hot-fixing" buybacks that were turned off for hours.

2. The Single Hot-Wallet Exploit (1,946 Dev Mints)

It isn't a custom smart contract. It's a frontend wrapper calling Raydium LaunchLab from a single hot wallet (HgKfki…xVdk). Because the backend API wasn't protected, someone spammed it into deploying nearly 2,000 junk tokens today, flagging the dev wallet with 1,946 mints and knocking the site offline with HTTP 429 errors.

3. Sniper Distribution & "2% Auto-Dump" Fix

Their own curve graduated in 4m 29s with ~19% scooped by early snipers split neatly into <3% wallets (AEtL29…U8Dk, CMQgBR…W5Q9, 5uxLEt…XcfZ), which have been unloading $3K–$12K clips into retail as mcap dropped from $4.2M to $1.7M. Even wilder: at 17:45 UTC the dev tweeted they are adding a "2% developer buy on every coin that will instantly sell" to fight snipers.

4. Zero Official Stonk Fun Backing

The X account was created today at 08:39 UTC, has zero endorsement from @LaunchOnSF.

Great narrative hook on paper, pure fee extraction under the hood. Always check the fee wallets before buying the "fair launch" pitch. NFA.

[SomeHad2DoIt @SomeHad2Do]

@QuantumPlague Not interested in personal attacks. The post is about the wallets and the numbers.

[SomeHad2DoIt @SomeHad2Do]

@inhinyeroy16 @_LaunchX could be, price and on-chain claims are two separate questions

[SomeHad2DoIt @SomeHad2Do]

@Sato_Ngani @_LaunchX the name sells a launchpad

[SomeHad2DoIt @SomeHad2Do]

@gefilte84 @_LaunchX watching the wallets is a pretty reasonable position here

[SomeHad2DoIt @SomeHad2Do]

@InstantSta53355 @_LaunchX same playbook, new slogan

[SomeHad2DoIt @SomeHad2Do]

@Slogi_Eth Fees aren't the problem. Advertising 100% buyback and burn and then not doing it is.

[SomeHad2DoIt @SomeHad2Do]

@D3DIC8T3D @_LaunchX haven't looked closely yet, but will do

[SomeHad2DoIt @SomeHad2Do]

@Kevin8888825172 @_LaunchX announcements are marketing, transactions are facts

[SomeHad2DoIt @SomeHad2Do]

@SirGMEhodl @_LaunchX Price can do whatever it wants short term. The post was about what the wallets did, and that part hasn't changed.

[SomeHad2DoIt @SomeHad2Do]

@Vedran29758139 @_LaunchX just reading the chain

[SomeHad2DoIt @SomeHad2Do]

@JNavien24780 @_LaunchX If it's fud, the wallets would show it

[SomeHad2DoIt @SomeHad2Do]

@WheelerrDealerr you've got a point https://t.co/A80zZM6P4X

[SomeHad2DoIt @SomeHad2Do]

Quick 10-hour follow-up on $LAUNCH (@_LaunchX)

Several replies rightly pointed out that 5CEbue…SPAG is Stonk Fun's platform fee collector, not uselaunch's own wallet.

Even stripping 5CEbue out completely, look at what happened 🤡 over the last 10 hours:

1. Across 200 "every 3 minutes" burn cycles, total LAUNCH supply moved from 989,893,291 to 989,871,686. That is just 21,604 tokens burned in 10 hours worth $28.37 ($0.14 per cycle) on $10.6M in 24h volume.

2. Meanwhile, uselaunch's own hot wallet (HgKfki…xVdk) grew from 354.5 SOL to 464.6 SOL (~$47K), while the token creator wallet (twamwH…d9LU) quietly transferred out 25 SOL at 03:41 UTC.

3. After getting pressed for hours about routing through Stonk Fun and Raydium LaunchLab, the team just announced they are "decoupling from Stonkfun", moving to "their own bonding curves", and hiking launch fees to 3% (only 1% to buybacks, 1% to the dev).

4. Here is what the dev wallet (HgKfki…xVdk) actually did on-chain minutes after that announcement:
• At 06:36 UTC, it market-dumped its entire accumulated 65,489 STONK bag into Meteora for +84.24 SOL and kept all 84.24 SOL in the hot wallet instead of buying back LAUNCH.
• At 06:50 UTC, instead of deploying "custom bonding curves", it called Raydium LaunchLab's standard CreatePlatformConfig (FyHBKP…F8iu) with fee_rate: 30000 (3%), creator_fee_rate: 0, and platform_scale: 1000000 (100% of migration LP fees to the platform, 0% to burn).

Always verify the RPC logs over announcements.

[SomeHad2DoIt @SomeHad2Do]

@RealDogelana @DeVitoRH @arctisfun 100%, wash volume to manufacture trending is the clearest skip signal out there