Trump going from Venezuela to Iran is basically like me trading.
Venezuela? Perfect setup, worked but I sized too small.
Next trade? I am euphoric, I go 10x size on a shitty setup: Iran. It goes wrong. But I am trapped, keep adding size and blame the market for being wrong.
Armani has one of the wildest stories in crypto:
▫️ Worked for FTX
▫️ Started building Backpack
▫️ Raised $20M
▫️ FTX collapsed (got hardcore rugged)
▫️ Kept building
▫️ Mad Lads became the face of Solana
▫️ Backpack got millions in volume
▫️ Acquired FTX EU for $32M
▫️ Refunds FTX EU customers
▫️ Gained hundreds of thousands of new customers for Backpack
▫️ Building the all-in-one trading platform
No one supported NFTs from Solana leadership, I remember that very clearly.
"We want to be the on chain Nasdaq, fuck your NFTs"
The NFT community is what was active during the bear market. Communities are what kept things strong. Lots of funding from protocols came from NFT communties or tangential groups.
Fast forward and Solana became the memecoin chain, the most extractive in crypto history, and Hyperliquid has the most tokenized stock trading volumein all of crypto.
Hyperliquid is much closer to being the on chain Nasdaq. What happened?
bankr token launcher is live.
all new tokens launched through bankr now earn more fees for agents. we removed the third-party service fee and redirected it back to the ecosystem.
what this means:
→ devs earn ~14% more per swap
→ more revenue flows back to bnkr ecosystem
→ total swap fee stays 1.2% — nothing changes for traders
→ existing tokens won't be migrated
bankr now owns the full token launch stack. this is step one. more soon
Here is some hopium for you
If you are young and have a few thousand dollars to your name
You can buy bitcoin right now and in 5-7 years you can sell it for 3x
This will get your total net worth to around $10K and will set you up to get liquidated in the Solana trenches
Governance coins is just another way of saying that the token is useless, that the protocol definitely doesnt need one but since investors need to cash out this is how it’s sold to you
Have you even ever participated in a DAO governance vote
Lol
"ETH, SOL, ...everything down the stack is an unregistered security. None will have an ETF. None will be accepted on Wall St other than BTC"
remember when he was trying to fed-arb crypto
true cypherpunk
and hilariously wrong
expect competition soon
JDM watched Volk get a huge pop and you could see him thinking, “Should I stand?” — he thought about it for a second, stood up, and the crowd went absolutely crazy 👏😂
(via @ufc@wwe)