Remember when we'd bagwork a coin from $0 to $50M in a week?
No KOL rounds. No bundles. No 47 dev wallets. No callouts. No terminals.
Just a ticker, a meme, and a group chat that wouldn't sleep.
$WHITE is that energy back. I can see by looking twitter gc that we can do it ( again)
make bagwork great again.
I think this "onboarding" thing is the biggest myth ever - retail is not coming, WE are retail. I have personally onboarded like 3 of my friends during the past year but that's only because they are hustlers/grinders and saw the potential in them (and have the time to grind).
"Retail" people I know would never even think about touching memecoins, you have to understand that most people are not willing to grind 10h a day (nor do they have the time) to trade memecoins... (if they just buy and hold a coin they will get raped with the current incentives that pumpfun is pushing).
Obviously us being in a bear market does not help, but sentiment was not this bad when SOL was at 60 this year lol.
Also, wasn't the $50 thingy on the pump app somehow skewed? Remember reading something about that.
And yeah, no airdrop is ever happening, if you see how pumpfun operate (and it's fair enough, they are a business trying to make money so I get it) - they are not here for the long term. Everything they are doing is harmful for the eco and it's very clear that they are just trying to extract as much money ASAP.
Say - why give Kimchi millions but still no airdrop? Because they made even more from that! They would obviously lose money if they did an airdrop lol. (short term obviously, long term it would benefit them but they are not thinking long term!)
yeah fair points, speaking about FLOAT specifically - I do think it's still possible to bundle at 20k (like you said) but at least there are attempts at making things better (my issue with pump is the lack of)
I am by no means saying that FLOAT is THE solution to on-chain either - it could be of course, but for me we are at a point where anything is better than pumpfun (even if it's just small improvements)
I still trade pumpfun coins as I am here to make money (and I understand what and how to trade), but I seriously disagree with what they are incentivizing, just mass extraction after mass extraction (like they are genuinely pushing wallet trading? buy if cupsey is in? come on...)
fairs, good point, but like you said the Kimchi one should have 100% been addressed if nothing else
inherently I think the issue is that they are trying to mass extract, where their interest is short-term rather than long-term (hence why they prefer PnD charts over anything long term)
I don't blame them since they are a business trying to make money, but it's just sad to see - they don't have to mass extract to make money...
what I mean: they make most of their rev from the countless deploys/pvps/vamps - hence why all the updates they are pushing are prioritizing these things (and why they haven't fixed them)
what they could be doing instead: push updates to keep the traders happy(ier) while still making money (less, but still being profitable obviously while supporting the eco long term)
look at the current "hot thing" - FLOAT - copy or not I have been enjoying trading on there a lot more than pf simply because they fixed at least some of the things us (trenchers) have been asking for - why don't pump fix these things? (hint: mass extracting as much as possible ASAP)
as a former professional gamer, the way I look at is this:
pumpfun = Valve (terrible devs, only care about extracting money and give 0 fucks about the playerbase)
float/stonk/etc. (anything that fixes things) = Facepunch (actually listen to the playerbase, fix things, not everything is perfect but overall I would call them good devs)
what kind of improvements are we talking about here? me personally I have only noticed pump extracting more and more as time has gone by this year (we can start anywhere from them introducing a fee on their trades on the pumpfun app all the way to the Kimchi rug lmeow)
like sure, if SOL goes up to 160 in the next month then yes, PUMP will also go up but it's just -EV imo, long everything else if you are bullish at these levels
and fwiw the sentiment around pump has never ever been this bad, like genuinely even PF badge niggas are turning against them 😭 the only way they can potentially save their asses is if they do an airdrop but we all know that shi is NEVER happening 🇮🇱
@zinceth@0xRiver8 what do you think about them shilling like 3 back to back rugs? (kimchi, amd/other ansem "calls", slingoor)
maybe we should start there (and them refusing to address it?)
@KntOnTrenches@trencherrz100x@jackduval@b00gi3 real talk though the pump token has no actual value, it's not linked to revenue and the pump insiders are selling (and have been for months)
why do you think the $PUMP chart looks like this if they supposedly have more rev than $HYPE?
I will never know myself until I do this on my own
And I will never feel anything else, until my wounds are healed
I will never be anything 'til I break away from me
I will break away, I'll find myself today
Make believe in something again Great again
solana:JATk4idqfAyU21F6w3xf2Rbyj9j8FnYxVWLMfoweqExh monster on @floatdotxyz