A quick breakdown for everyone who was asleep, and for those who still don’t understand what actually happened with ShivoLink:
Here’s how it played out:
Elon’s partner Shivon gets hacked, and her bio is changed to say she’s working on ShivoLink.
The ShivoLink account then drops a CA for a tax token and makes two posts from the main account explaining how “promising” the technology supposedly is.
Then, apparently, we get an absolutely insane coincidence: the world’s first trillionaire just happens to see a post from the mother of four of his children about this new project and leaves a casual 💯 under it.
After that, or maybe at the same time, Doge Designer follows the project account, which makes the whole situation even more confusing.
Basically, every possible star aligned for the hackers.
Shivon’s account was compromised, Elon randomly commented on the post, quite possibly without even looking into what the project actually was, and people close to him — by that I mean people who are obviously much closer to Musk than any of us — started panic-following the “new Elon project,” probably thinking they had missed something after the boss had effectively acknowledged it.
Meanwhile, SocialFi platforms like Fomo became the catalyst.
Big influencers started aping in, including one of the biggest retail callers, Unipcs. FOMO kept building, the hype got bigger, volume went absolutely vertical.
And while all of this was happening, the token TAX was changed from the original 2/2 to 5/5, giving the hackers an extra 3% from all that volume.
Calculating the exact amount made by all the insider wallets would be a pain in the ass and I honestly can’t be bothered, but my guess is that between insider wallets and fees, the hackers walked away with somewhere around 2–3k ETH from this launch.
363.39 ETH of that came from fees alone.
Every time we reach peak memecoin bull market conditions, we get crimes like this that absolutely rinse retail.
And I can understand why people fell for it.
It’s genuinely hard to believe that literally every possible star could align this perfectly for the hackers, turning what looked like an obvious hack and LARP into something that, for a moment, looked almost legitimate.
Unfortunately, I think we topped.
I’ll genuinely be surprised if liquidity simply doesn’t give a fuck and runners keep spawning at a rate of ten a day after this.
As for me, I didn’t get hit too badly. It basically ended up being a round trip with my only real loss coming from fees.
I feel bad for the people who didn’t analyze what was happening, got consumed by FOMO, and aped in with size they simply couldn’t afford to lose.
$shivolink #shivolink
Key focus of V2.1 is to reward eth depositors while they wait for an optimal entry to bricks. While also having a second layer of defense which is the wall. The vault is the final insurance. That's three layers of trust.
Brick by brick.
Wensday Giveaway 🐱
We’re giving away $100 worth of $WEN to 3 people. 24hrs.
Just be following Wen and repost this.
As we get ready for the bull, we want to give back more. Have fun and best of luck!
Welcome to our latest series: The 10 Disciplines of Tokimeki ✨
This week, we are focusing on Discipline #1: Tokimeki is an innate instinct.
Tokimeki is something your body already knows, before you can explain it. When something gives you Tokimeki, it feels as if the cells in your body are rising at once...
Start noticing how your body reacts to things, as you will react naturally in accordance with how you truly feel. Learning to tune in + listen to that though is the real challenge.
We'll share with you how you can hone your sensitivity to your Tokimeki so you can make decisions in your life with confidence and joy!
Join in on engaging with our content + prompts, and hone your tokimeki sensitivity with us, together✨
Look at what you shared with us when we asked you: what’s one thing in your life that sparks joy right now✨
We were honestly blown away by your genuine + heartfelt responses, which is exactly what tokimeki is about.
Also a gentle reminder that tokimeki can be different for everyone, and the beauty lies in noticing the things that make you happy no matter how small they may seem.
Come join us for our weekly tokimeki questions so you'll get joy-sparking reminders to notice your tokimeki around you and appreciate it ��️
The KonMari method and Tokimeki ask different questions that both deepen your understanding of self and joy.
Tokimeki, however, goes even further, where you expand your KonMari understanding and find ways to apply it to everything in your life, in a way where you can hone your sensitivity and skill!
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NEXT GENERATION OF THE MANSORY CARBONADO X.
BUILT UPON THE LEGACY OF AN ICON, IT CARRIES THE SAME PHILOSOPHY INTO A NEW ERA.
OF UNCOMPROMISING CRAFTSMANSHIP, PRESENCE, AND PERFORMANCE.