alphaMonk💹🎰

Swimming onchain

[alphaMonk💹🎰 @AlphaMonk32]

Today is the day to expose the LARP @snipeder because he made a statement with a public challenge to expose him selling more than 0.4% so here we are to claim the 50k prize (unless he wants to keep the larp going)

FHHkRp6M5ggkcYCNXp88XfKawdF9gcwQeJqpr7pXeLDv (Sniper1) got up to 1% Belief tokens sent to
8iDjuW4WB3esKhnS62RCa3cQ9uqXNJmCE1NgZ2BEDwyk (SniperAxiom)
tx: YMTrbmY2NDwD4REy2YWqLsEcvcTbDciwJrpsQ97yRYMad4p8rnbYX4ve5CH3FiRX1xjwzda8akRBYrZPbQsLErX

Then SniperAxiom sent the 1% to KF4F61ajFT7Hr2MCoSs8yci5UcsfyM9uSVCMZds5FsF (sniper3) Where he then sold the 0.4% he claims was the only supply sold
tx: JBhfanGkvcD8k7S6vbBWkNV1EECcUyK41giwn4Ei9DBS3DQgpBHtAaRa9CYKzr5RJTF8cpCbrF6QD2BMLTUKvvJ

On the other side his original wallet Sniper1 sent 18k usd to H3CxQ7uHYrEMUEdB5yHgbnUbZrewatzv218YA7u26eJY (SniperFresh) Where he bought and sold an aditional amount of 0.3% supply making around 10.8k usd profits
tx: 3WyJtuCGJ4TTwmmo9YxfB5eHgKPqgYcfaPJfR2xr2TVgN94ozBTH7D7sMY3d8sTCmgNw7Zh7ZYqTa2RrarGzP9kA

Everything is onchain and here we can see he sold more than 0.4%. Now ima wait for the 50k you promised to show you are not a larp.. Send it here to prove it 636ouabJUYpGZ71QED8nEeQsdSsUw7WTA5PwArLCMuDV

[Loma @LomahCrypto]

You mean to tell me the guy that was convicted of financial crimes would be willing to farm you for liquidity?

I'm shocked.

[alphaMonk💹🎰 @AlphaMonk32]

@0xnobi Lmao, another VC exits scam

[The White Whale @WhiteWhaleLabs]

Dear Solana:

Solana is my favorite blockchain to transact on. It is still one of my favorite assets to trade. And when price is attractive, I still think there is a good case for accumulating it.

But I am less bullish on SOL’s next-cycle price targets than I was last time.

Last cycle, while everyone was calling for $500+ SOL, I publicly said I planned to be out before $250. Solana’s ATH came earlier than BTC and much of the market, but that call ended up being pretty damn close.

This time, unless I see a real fundamental shift, I will probably be lowering my targets. As things stand now, I would likely be out before $200 next cycle.

That is not because I hate Solana. I don’t.

But love is not a sound investment thesis.

The reasons are pretty straightforward.

Pump fun has historically made up a meaningful chunk of Solana volume, and I believe the pump (and broader memecoin casino) meta is dying. Maybe it evolves. Maybe something replaces it. But pretending that was not a significant driver of activity feels dishonest.

Solana DeFi has also taken a serious hit. A lot of Solana DeFi was tied into Drift, and the damage there impacted dozens of protocols. It hurt the broader perception of Solana DeFi.

Then there is the capital markets side.

A lot of Solana DATs were formed at some of the worst possible price points, then unwound, restructured, or de-risked at some of the worst possible price points.

CT forgets everything in 72 hours but institutional capital does not.

If a bunch of institutions got dragged into Solana exposure near the highs, then unwound for losses, that leaves a mark. It does not mean they will never touch SOL again. But it does mean the next wave of institutional appetite may not be as easy, clean, or deep as people assume.

Then there is the cultural layer.

Solana feels disjointed right now. Some of the most prominent Solana voices have spent an incredible amount of time relentlessly shilling an entirely different blockchain. Yes, ZEC is it's own Layer 1.

It does not exactly scream focus on Solana itself. It reads as devs thinking their bag is cooked and so they start pumping their next bag.

Only now does there finally seem to be real traction around addressing the inflation issue, which should have been more meaningfully a long time ago.

But what really read as desperation to me was the @PhoenixTrade push. That moment actually influenced my vision more than any of the others.

Look, I have traded over $5B in perps across various protocols. I have tested or used almost every “perp DEX” worth testing. And Phoenix is about as basic as it gets.

Yes, the engineering under the hood is interesting. Fine. Mad respect to the builders.

But traders do not ultimately care about engineering.

They care about three things:

Does it work?

Can I make money there?

Is it safe?

And right now, the best Solana-adjacent perps venue is @pacifica_fi . I say Solana-adjacent because it is mostly the stables on-ramp and Solana TVL. It is not generating massive activity for the Solana network itself. And even Pacifica has already talked about building its own L1. (A decision I'm skeptical about, even as a fan)

My exact reaction to the huge marketing push on one of the most basic perp dexs I've ever traded on was: they are so very desperate for something to gain traction on Solana it actually scares me.

Solana talks a lot about what it wants to be when it grows up. And to be clear, the vision is compelling. The ambition is real. The talent is definitely real.

But ambition is not maturity.

Every kid wants to be a doctor, an astronaut, or a superhero when they grow up.

I care more about what something actually is than what it says it wants to become.

So what is my favorite new blockchain?

Solana.

Because you can still love something and still be rational about it.

🫡 From the depths —
The White Whale 🐋

[alphaMonk💹🎰 @AlphaMonk32]

@ghoshal Me neither. Let's go kimi! 🤣

[alphaMonk💹🎰 @AlphaMonk32]

@Pland__ They found a bug to mint supply it seems

[ACD🀄️ @asiancoredev]

Big @solana interaction on SLICE:

Unified token with rewards backed by fees/tournaments/sales — actual economics.

1B fixed supply, 50% LP locked. @devMidgard cooking, protocol + huge article soon.

Solana gaming finally getting real infra.

[Pluto @Pluto_0x]

Saylor blowing up is probably the single most bullish catalyst i can think of for Bitcoin

The more he buys, the less interesting btc becomes

By owning more than 4% of the supply, he killed the very essence of decentralization

A hero turned into a liability

[Governor Kathy Hochul @GovKathyHochul]

Offering a bounty on the first bill introduced to ban this dystopian nightmare.

[alphaMonk💹🎰 @AlphaMonk32]

@DipWheeler @rasmr_eth @mlmabc Lmao

[alphaMonk💹🎰 @AlphaMonk32]

@Pluto_0x sounds about right

[Yazan 🇵🇸 @YazanXBT]

buying $zec at $340 is like buying $luna at $40

[Heart @heart_]

wait till you hear the FED is sitting on an exploit to mint unlimited US DOLLARS 💸

[Rex @R89Capital]

This is what happens when you DON'T patch an inflation bug

[NEET @NEETOCRACY]

“Mint billions of coins out of thin air. It’s a privacy coin so they’ll never know”

[alphaMonk💹🎰 @AlphaMonk32]

@RunnerXBT He was mossad ?

[Alex B 👾 @bergealex4]

holy fucking shit ahahhahaha

[Sisyphus @0xSisyphus]

The concerted shilling of Zcash that started last year makes more sense when you consider someone was probably minting and dumping endless supply the entire time

[moon @MoonOverlord]

Sell in May because we’re all going to die and everything’s going to zero and crypto isn’t quantum proof and Saylor is going to send bitcoin to the shadow realm

[alphaMonk💹🎰 @AlphaMonk32]

@Credib1eGuy great week

[alphaMonk💹🎰 @AlphaMonk32]

@ooogoesbrrr @Pumpfun Did this retard deleted his existence already?? LARPS