KITH 👑

In the trenches / Documenting my journey

[KITH 👑 @callmekith]

@SohomScalesX 🫡

[KITH 👑 @callmekith]

I’m not here to hate on launchpads or to take sides.

I actually agree that some people / KOLs pushed a wrong narrative by claiming that $130M would be used for memecoins.

To be fair WLFI themselves were relatively clear about their intentions. If others chose to interpret or relay it incorrectly that’s on them.

What really interests me here is @Pumpfun and the fund they publicly allocated to “support organic communities.”

I remember that announcement very well because I was a holder of one of those organic projects : $SALARY

And what happened?

When the market started to correct, @pumpfun kept generating massive fees…

But instead of supporting organic communities they used those fees to buy back $PUMP a token that still went on to lose ~70%.

Why?

Because the reality is simple they dump their own supply aggressively into the volume created by those buybacks.

So in the end this whole narrative about “supporting the ecosystem” through buybacks is mostly smoke and mirrors. It conveniently hides the real exit, dumping a token they clearly don’t believe in long term.

Meanwhile organic communities, the ones that spent months building, grinding, creating culture and indirectly promoting the launchpad itself got nothing.

No support.
No buybacks.
No recognition.

Just abandonment.

Let’s make this very simple.

Out of the billions used for buybacks imagine if they had allocated just 10%, say $100M, to selectively support proven organic projects.

What would that have done?

• It would have rewarded long-term builders instead of pure gamblers

• It would have slowed down the dopamine / gambling-only meta

• It would have financially incentivized others to build instead of flip

• It would have created real success stories for the platform

• It would have given @pumpfun long-term, positive visibility

Instead what do we have today?

• Only insiders win

• Bundlers extract value

• Organic builders get farmed

• Buybacks only benefit a token the team can dump for free

Let’s not forget something fundamental :

These companies succeed only because projects launched on them promote them. If tomorrow no organic project launches or succeeds on @pumpfun visibility disappears and the machine collapses.

That’s exactly what we’re starting to see.

No airdrop.
No support for organic communities.
Only buybacks for a token where only the team can be profitable.

So far every launchpad trying to “compete” with @pumpfun has copied the exact same model just trying to steal market share.

That makes them complicit not revolutionary.

Sometimes broken systems don’t die because of innovation they die because users walk away.

See you in 2027.

[T1H @tier1haterr]

I don't believe it has to do with @mellometrics and the entire @worldlibertyfi bloc celebrating the volume surge prematurely but rather the constant misinformation being spread.

- The entire reason behind the sudden surge of volume had to do with people pushing the narrative of WLFI "injecting" $130M from their latest DAO proposal into USD1 memes, thus creating a cycle of misinformation that traders eagerly front-ran.

- The proposal wasn’t even passed at the time. And it clearly states that only 5% of the unlocked treasury could be used. The $130M figure was never liquid USD1. It refers to unlocked WLFI treasury value, of which less than 5% may be used over time as to support USD1 😭😭

- Many KOLs were quietly insinuating behind closed doors that the $130M was ready to be deployed into memes. That was never the case, and it was clear misinformation once again.

- With Bonk/Raydium/WLFI, it's pretty clear. They are openly affiliated with some of the biggest grifters in this space, such as Marcell, CookerFlips and many more and constantly spread misinformation for short term hype / volume.

- People aren't retarded to fall for the same tricks over and over again. Like it or not, this market has grown up. Most people see the narrative shaping, ulterior motives and politics being played behind closed doors.

Whether people like it or not, launchpads fighting for mindshare forces everyone’s hand, and that’s usually good for participants.

~ TIER1HATER

[KITH 👑 @callmekith]

They are not builders.

@bonkfun and @Raydium are the politicians of Solana’s memecoin ecosystem.

The same kind that ruined entire countries especially Europe now a shithole for regular people.

They took every possible decision to sabotage their own launchpad and the projects that chose to build on it.

Exactly like politicians stacking taxes, laws and constraints until doing business on their territory becomes impossible.

So what happens next?

Projects leave.

Just like people are leaving Europe in mass to move to countries where entrepreneurship is encouraged not punished.

And the funniest part?

When projects start to complain, protest and demand change these ecosystem leaders answer exactly like real politicians:

“It’s your fault”

Same script every time. In the real world citizens protest and politicians tell them to stop then send tear gas and batons.

In crypto builders protest since months and they get blamed, silenced, ignored.

Unfortunately @worldlibertyfi
and to its leaders @mellometrics @WatcherChase @zakfolkman

Trusted politicians at the end of their cycle. Leaders corrupted by years of extraction, scams and abuse of power.

Same story with @pumpfun
Same ecosystem.
Same behavior.

No support for organic communities. No long-term vision.

Just bigger bundles pushed to higher market caps so the little remaining volume can rotate inside their own ecosystem.

When a Pump project hits 100M+?

99% of the other projects related or not die. Not because they are bad but because the system is structurally toxic.

Now some context.

Over the past months I built in this ecosystem. Like many of us I invested time and money.

Both are gone now.

Not because of poor execution but because the system is broken by design.

So my position is simple:

I will not build here anymore. I will not invest here anymore.

Not one more hour. Not one more dollar. Not until things are fixed.

My advice to @worldlibertyfi to conquer the trenches and take Solana back is to Flip the table.

Remove the cabal. Drain the swamp.

Like what we’re seeing in the US right now it’s time to clean the system
and rebuild a healthy ecosystem for builders.

One where organic projects can grow again to $1B+ without asking anything from failed politicians.

Empires don’t fall from external attacks. They rot from the inside.

Solana and Memecoin space are rotting.

Goodbye.

KITH 👑

[mst | Raydium @mst1287]

@0x_Blunt @George_harrap @ponzibaron @WatcherChase Saying that a community that is held in the Meme Reserve is unnoticed is retarded.

Communities are in control of their own destiny.

[KITH 👑 @callmekith]

@rebelwithsnacks

[KITH 👑 @callmekith]

@sadcrissy Repricing will be insane

[KITH 👑 @callmekith]

@mellometrics What’s next ?

[KITH 👑 @callmekith]

@mellometrics @_Shadow36 DHG coded

[KITH 👑 @callmekith]

@itsbrandomurphy @DHGUSD1 👑

[KITH 👑 @callmekith]

@thememecoincult @MigrateFun 👀

[KITH 👑 @callmekith]

@DHGUSD1 @DICRAPIO7 Looks fresh I love it 👑

[KITH 👑 @callmekith]

@itsbrandomurphy @BrodieCapital @sadcrissy https://t.co/jctiWakKHE

[KITH 👑 @callmekith]

@itsbrandomurphy @BrodieCapital @sadcrissy Do you want to be invited to our X group and see by yourself ?

[KITH 👑 @callmekith]

I’m not saying this because I’m invested I’m actually not in the token.

I just really appreciate seeing respect coming from people outside our community.

I know it can look strange or even uncomfortable from the outside but at the core it’s just passion same as in the developer world when you’re not familiar with it.

Our two worlds actually have a lot in common. Many of the biggest figures in crypto are great developers for a reason.

Out of curiosity what’s your vision for the token?

To be honest I don’t think a memecoin would fully fit your work. I see something with much bigger potential closer to open-source projects like Bitcoin or Ethereum.

In my view tokens are one of the best incentive systems ever created for building long-term open-source projects.

[KITH 👑 @callmekith]

@BrodieCapital @worldlibertyfi

[KITH 👑 @callmekith]

This crash was really healthy for the eco btw

It will avoid dilution between hundred of project especially the scam ones launched by several extractor

For sure WLFI / Bonk was waiting for that moment for any injection and push

It will be more efficient for real community and reserve coins

[KITH 👑 @callmekith]

@tontheneko Pump pay them millions that’s all

[KITH 👑 @callmekith]

@rise_crypt @toly create community

[KITH 👑 @callmekith]

As you can see we’ve officially entered a @BagsApp season.

First $RALPH then $GAS on its way to 100M+

All the attention from CT is rotating into this ecosystem and this momentum will only increase day after day.

As you can guess this is extremely bullish for $BTP

AI projects are great to attract top-tier creators but they’re not the best to onboard retail.

What better bridge than $BTP to reach the mass market?

It brings retail users in and once they’re here they naturally buy the best tokens created by those creators.

I’m convinced @finnbags understands this perfectly.

Now that creator onboarding is secured with $GAS the next logical step is to focus on onboarding retail / investors.

So let’s not forget $BTP

One of the very few communities that actually built shipped and won the @BagsApp challenge while everyone else was looking elsewhere.

On top of that it sits on the strongest narrative of the ecosystem the one with the highest potential to reach true mass adoption if it succeeds.

Too much to ignore.

5NGM6UJM4q9WSCU6XoqvrLNfvyR58mGL3ENBrrVhBAGS

[KITH 👑 @callmekith]

@sadcrissy There is no chart I love u

[KITH 👑 @callmekith]

@slingoorio