Bekham Bechamle

Founder of Safemark & 0xweb. Crypto | AI | Life

[Bekham Bechamle @Bechamle]

i just researched 32 active IDOs in one shot for $0.30
here's what i built, what i found, and the stupid mistake i almost made 🧵

asked Claude Code to scrape CryptoRank and pull every live IDO : raise, FDV, MCap, vesting, launchpad, investors, the whole thing

structured it into a tracker. translated everything. added analysis on each project

took about 20 minutes total

$0.30 in tokens

but here's the part that actually hurt my soul

i was about to pay for CryptoRank's API

then Claude Code found that every single data point is already sitting in the page HTML

inside <script id="__NEXT_DATA__"> — Next.js just dumps the full JSON there for the browser to hydrate

no auth. no API key. no rate limits. just a GET request and parse

i would've paid for something that was free the whole time

anyway here's what i found after going through all 32 projects

the market is cooked with bad tokenomics rn

most IDOs have Raise/FDV under 2%

meaning: the project raises $300K, sets FDV at $60M, and calls it fair

you're not early. you're exit liquidity.

the red flags i kept seeing:
* team allocation 2-3x higher than public sale
* FDV/MCap ratios above 20x (some hitting 144x)
* "ecosystem fund" holding 60-70% of supply with zero explanation
* no investors disclosed on a $40M FDV project

if they won't tell you who backed them, you already know the answer

the few that actually looked interesting:
OpenDelta - Anatoly Yakovenko + 6th Man Ventures backing, yield-bearing token protocol. tokenomics not disclosed yet but the backer list is real
Drake (Monad) - CMS Holdings in. perp DEX thesis on Monad makes sense. waiting for full terms before touching it
Friendly Giant AI - 31% raise/FDV ratio, best number in the whole list. still early but at least the math isn't insulting

full tracker 32 projects, all numbers, full analysis: https://t.co/UhQ0yACsms
free. take it.

the tool i built spits out:
✓ raise vs FDV ratio (the only number that matters)
✓ MCap/FDV gap = future sell pressure
✓ team vs public sale imbalance
✓ vesting cliff risks
✓ investor quality score (or absence of one)

one spreadsheet. every project. color coded.

i'm not a VC
i don't get allocations
i just refuse to go in blind
if you can code a little + use AI properly, you can build your own edge in 20 minutes for less than a cup of coffee
that's the whole point

[Bekham Bechamle @Bechamle]

@naruto11eth This is red Monday man

[Bekham Bechamle @Bechamle]

@DegenOnBase_ Give us some alpha today, dude. Fewer words, more PnL.

[Bekham Bechamle @Bechamle]

@Sayzryn If you’re planning to do something in parallel, then the idea is good 😉

[Bekham Bechamle @Bechamle]

@ebash_creator 😅😂 I’ll help you

[Bekham Bechamle @Bechamle]

There's no more useful film for anyone in crypto than The Gambler. None. ⠀

If you haven't seen it, stop here. Spoiler ahead. ⠀

The ending. Mark Wahlberg walks out of the casino and runs across the whole city. No words. Outro by M83 playing over it. He just won everything back and cleared every debt. He could have stayed in. He could have grabbed more. He just walked away. ⠀

I never had his addiction. The risk doesn't get me high. The trade itself doesn't make my hands shake. But I've caught myself doing other things. Holding a position long after I should have closed it. Averaging into something that no longer deserves it. Seeing that a trade is rotten and still feeling the money pull so hard I can't look away. ⠀

I always stopped. Always. Even when everything inside me was screaming to keep going. But I know how hard it is. ⠀

So when I see someone actually drowning, pouring deposit after deposit into futures, aping into a garbage token because the picture looked nice, I feel it in my skin. ⠀

And this isn't only about crypto. It's about a relationship, a job, any process where you've been destroying yourself for a long time and can't walk out.

If that's where you are right now, you already know it's time but something still pulls you back, watch this scene. It lets you feel the relief that comes when you finally leave.

[Bekham Bechamle @Bechamle]

@hammi_ip Have a good week 🫂

[Bekham Bechamle @Bechamle]

@walsxbt @xeetdotai I don’t share your optimism.
But this is definitely one of the “from the bottom” types of investments.

A relatively low entry threshold, in theory, with a very small probability of success, can still pay off.

[Bekham Bechamle @Bechamle]

@hammi_ip The Gambler

[Bekham Bechamle @Bechamle]

@ebash_creator The Gambler.

[Bekham Bechamle @Bechamle]

@0xPulsss gm bro 🤛🏻

[Bekham Bechamle @Bechamle]

gm Fam

$ALLO played out 100% according to yesterday’s take.

Position fully closed.

Went against the social narrative on the token and have zero regrets.

Thanks everyone for the attention and support ❤️

[Bekham Bechamle @Bechamle]

Gm fam

I’m maintaining a measured optimism on $ALLO. Buying ✅
I hope this is very short-term, as I don’t want to hold the position for long.

Even though longs currently dominate and long liquidation zones are closer, I still see more upside in this trade than downside. $0.30 is a solid entry price.

[Bekham Bechamle @Bechamle]

@jessepollak Actually, I don’t create, but for such an offer I’ll have to start creating something similar.

[Bekham Bechamle @Bechamle]

@coopernicus01 Yes. My lore is that of a drunk degen 😂

[Bekham Bechamle @Bechamle]

@coopernicus01 Familiar feeling, familiar problem)

[Bekham Bechamle @Bechamle]

@FelixHopkins7 May God help you in your endeavors.

[Bekham Bechamle @Bechamle]

@FelixHopkins7 Amazon, definitely

[Bekham Bechamle @Bechamle]

@MaximusInvestor Sailors!!!! Cease the panic on the ship!!

[Bekham Bechamle @Bechamle]

@hammi_ip @xanaxmontanaonx 😂😂😂😂😂😂

[Bekham Bechamle @Bechamle]

@0ne618 At least it’s easier for me to navigate at the bottom than during the active phase of the market.

I think it’s a matter of preference.

[Bekham Bechamle @Bechamle]

@0ne618 im only glad about the apathy around the market.