internet ghost

BOOGLE #49

[internet ghost @crypto_quacker]

👇 Referral codes for closed beta 👇

09SSEFN62WEHHGYT
6MS5QDE2718797P9
VSC1Z4J5MA1CFV6R
SZZEBAJ86DAXTSH6
KWJCNS15S7J5EVCZ

180m volume in closed beta pretty hot

[Pacifica @pacifica_fi]

Pacifica has reached a 24h volume of $180m USD! 🥳

The wave is building, keep swimming.

Pacifica 🌊

[Unipcs (aka 'Bonk Guy') 🎒 @theunipcs]

show me a better looking memecoin chart than $USELESS on HTF 👀

go!

[internet ghost @crypto_quacker]

@solBOOGLE So good!

[BOOGLE @solBOOGLE]

The BOOGLE community now owns one of the rarest liquid assets on-chain, and we're shaping every bottle ourselves.

Egyptian ghosts, ancient liquid. Fitting.

[BAXUS @BAXUSco]

The cask: Macallan in its purest form. single malt distilled 5th of March 1990... Over 35 years resting patiently in oak.

The Graveyard Series is coming. Released exclusively by @solBOOGLE

Details to follow.

[BAXUS @BAXUSco]

When an OG solana community asks for some of the rarest whiskey on earth, you find it.

Honored to bring a 35-year-old Macallan, still currently aging in Scotland, to the BOOGLE community.

NFTs are back, and they're liquid AF.

[BOOGLE @solBOOGLE]

The ghosts are back and this time the genie is out of the bottle. BOOGLE x BAXUS

A 1990 Macallan, 35 years in the making, becoming the first liquid release for the BOOGLE community in partnership with @BAXUSco

One BOOGLE = one bottle. More to come. 👻🥃

[Unipcs (aka 'Bonk Guy') 🎒 @theunipcs]

some are saying, 'why are you shilling $USELESS in the middle of a bear market?'

quick history lesson:

$PEPE & $BONK emerged during one of the most brutal crypto bear markets ever, shortly after the FTX implosion that many believed would set the industry back years

$TROLL more recently pumped over 1,000% in about a month, running from roughly $12m lows to $140m in yet another 'bear market' environment

i actually missed PEPE in 2023 despite catching almost every major multi-billion-dollar memecoin runner before and after it

why?

because the market conditions were terrible, sentiment was awful, and i convinced myself that 'this is probably not the environment for huge meme runs'

that mistake taught me something important:

massive runners often emerge precisely when the majority least expect them

i also had an army of people clowning on me for thinking BONK could reach multi-billions when i opened the trade around the $20m lows in late 2023 because 'market conditions were not good for memecoins'

it proceeded to run to billions within months

instead of thinking in pure black and white, here are the things that actually matter:

• narrative: there is arguably no better narrative than USELESS for this environment. bull market, bear market, manipulation, absurdity, irony... USELESS perfectly encapsulates what much of this space has become
• chart: the USELESS chart looks extremely primed for an impulsive, parabolic expansion
• on-chain activity: whales and smart money continue to accumulate aggressively despite the pullback
• liquidity: liquidity conditions are materially better than they were months ago. the recent $HYPE, $ZEC and $TROLL moves make this increasingly obvious, alongside several other aggressive pumps across the market

in many cases, the coins people are 'waiting to buy once the bear market is over' will likely already be trading multiples higher by the time the crowd finally decides conditions are safe again

i believe USELESS offers exceptional asymmetrical upside at these levels and ultimately heads to new ATHs and multi-billions

if i had zero exposure here, i would be aggressively bidding and sizing in at these levels

[Unipcs (aka 'Bonk Guy') 🎒 @theunipcs]

the earlier you realize

that $USELESS is the $DOGE / $SHIB type play of this cycle

and position accordingly

the better your portfolio will look in a few months

[internet ghost @crypto_quacker]

History often doesn’t repeat but instead rhymes

⏰

[Unipcs (aka 'Bonk Guy') 🎒 @theunipcs]

i'm seeing a lot of similarities between $USELESS and $BONK before i took my legendary BONK trade in 2023 (where i turned $16k into $20m peak UPNL)

• BONK ran to $200m+ after launch, then corrected to $20m and consolidated there for months before the next leg up to multi-billions
• USELESS ran to $450m after launch, corrected to $25m, and has consolidated around that range for months now... what next?
• both launched and outperformed for a sustained period at a time when the trenches were pretty much dead and nobody expected any solid memecoin to emerge
• both were dismissed and considered dead at the bottom; i vividly remember how many thought BONK was dead when i took my long at the bear market lows and posted my first five-figure PNL. many begged me to 'take profits,' as if that was the end. BONK went on to do 200x from my entry
• both have a somewhat similar chart structure if you zoom out a bit
• similar 'cabal' FUD on both whenever they pump

i genuinely think USELESS has the best potential to pull a move similar to BONK when i took my legendary long back in 2023

as a result, i’ve opened a small leveraged perps position in addition to my spot bags

i’ll be posting PNL updates for this trade as things evolve, starting today

just don’t call me the 'USELESS guy' when this explodes 😅

[Unipcs (aka 'Bonk Guy') 🎒 @theunipcs]

i'm seeing a lot of similarities between $USELESS and $BONK before i took my legendary BONK trade in 2023 (where i turned $16k into $20m peak UPNL)

• BONK ran to $200m+ after launch, then corrected to $20m and consolidated there for months before the next leg up to multi-billions
• USELESS ran to $450m after launch, corrected to $25m, and has consolidated around that range for months now... what next?
• both launched and outperformed for a sustained period at a time when the trenches were pretty much dead and nobody expected any solid memecoin to emerge
• both were dismissed and considered dead at the bottom; i vividly remember how many thought BONK was dead when i took my long at the bear market lows and posted my first five-figure PNL. many begged me to 'take profits,' as if that was the end. BONK went on to do 200x from my entry
• both have a somewhat similar chart structure if you zoom out a bit
• similar 'cabal' FUD on both whenever they pump

i genuinely think USELESS has the best potential to pull a move similar to BONK when i took my legendary long back in 2023

as a result, i’ve opened a small leveraged perps position in addition to my spot bags

i’ll be posting PNL updates for this trade as things evolve, starting today

just don’t call me the 'USELESS guy' when this explodes 😅

[Unipcs (aka 'Bonk Guy') 🎒 @theunipcs]

animal spirits are raging across the market, and the $USELESS chart looks like this:

• ~100 days of consolidation near the bottom
• sellers exhausted
• breakout looking imminent

this honestly feels like one of those moments where it suddenly goes vertical and leaves an absurd number of people sidelined, waiting for a dip that never comes

[internet ghost @crypto_quacker]

@LanternStake So good

[Lantern | Solana Validator @LanternStake]

Your SOL is staked

The yield just sits there

Introducing Wick 🧵

[Topo @Topo_G]

https://t.co/lftEEojtO0

[Unipcs (aka 'Bonk Guy') 🎒 @theunipcs]

i woke up to Arkham, Wublockchain and several crypto publications posting about how i'm 'down $20 million' on $USELESS and my public wallet holdings

naturally, an army of smaller accounts started pontificating about how i'm stupid and should have sold the top

to put an end to the pocket-watching, i have moved all of my $USELESS tokens from my public wallet to my CEX account for a number of reasons

TLDR: moving my $USELESS from my public wallet has nothing to do with price. it's about OPSEC, reducing pocket-watching narratives, and managing risk more rationally.

three reasons:

1. whether or not i hold publicly is completely irrelevant to the success or failure of a project; bad coins i've bought and held on the public wallet have gone to zero, good coins i've sold have done well regardless of my selling

for example:

• the fact that i publicly held and relentlessly bullposted USELESS did not prevent it from dropping 90% like every other memecoin (or altcoin) does when market conditions get tough
• i haven't posted about USELESS for a week now. the fact that i stopped aggressively bullposting USELESS has not prevented it from being the fastest horse at the slightest sign of life in the market; e.g. at the slightest sign of relief in the market it's up 16% today at the time of writing (the most of any established memecoin)
• objectively: USELESS has consistently done over $10m in daily volume for months now, even at its lows and despite memecoins having been weak in general. it has also maintained a minimum 25–30% Vol/Mkt Cap ratio, which is among the highest for a memecoin in the space and shows it is extremely liquid for its market cap

2. holding publicly is a net negative for me and the project

'SPX is going to nuke to zero if Murad ever moves a token'

'USELESS is done if bonk guy ever transfers a token'

sounds familiar?

while i don't think either statement is true, a good number of people believe it to be true... and some might want to act on it if USELESS hits my target and i move tokens or start selling

if relentless bullposting or holding tokens publicly doesn't positively impact the price at this point, then keeping them in a wallet that lets people zero in on every move i make is just stupid

objectively, the market has already shown that my public holdings have no measurable impact on price

and tbh that's not the kind of sentiment i want around the project when it's back at ATH or in the billions and i choose to move or sell my tokens

besides, it's strategically better to move the tokens now at the bottom than when the project is back at ATH or at billions where people will be laser focused on me moving eight figures' worth of tokens

3. it's better OPSEC to move

many might not know this, but my public wallet is a BonkBot wallet (i.e. the popular Telegram bot)

i set it up randomly back in the day as a tool for degen trades, and i ended up making some high profile, highly successful trades on it

while the BonkBot team has shown strong character and the bot has been very secure so far, the reality is that this is crypto. lots of high profile bots and web terminals have been exploited in the past, resulting in loss of user funds

i do not expect BonkBot to get hacked (they've proven to be very competent), but it was plain stupid and ridiculous for me to hold USELESS to eight figures in a TG bot and to still have seven figures worth of value sitting there right now

if something like that ever happened, it would create bigger problems and pose a larger threat to tokens i hold there since a hacker would suddenly have a lot of supply to dump

in addition to USELESS, i'll soon be moving anything of high value away from that wallet

tbh i have long contemplated how to go about moving tokens in that wallet in a way that best minimizes FUD, and i once considered setting up a multisig wallet for this purpose

but after seeing the relentless pocketwatching, and especially the extreme insensitivity from countless random anons — many of whom have not made a single successful public trade — even after i got wiped out of eight figures on 10/10...

i realized something

i've got nothing to prove to anyone

i mean, i literally give zero fcks anymore

will i be selling my USELESS here?

No. i'm holding it to ATHs and beyond, GOD WILLING

i maintain my conviction that this is going to billions

however, i will no longer keep high-profile positions in a public wallet that gives mostly unqualified random anons the pleasure of pocket-watching and overanalyzing my every move

i should also note: i have a recent sizeable USELESS perps position opened from much lower on Lighter. that position is untouched since Lighter is probably the best place to trade USELESS perps at the moment

i'm not moving that like i'm doing with my spot position, but that could be a short/mid/long term trade depending on market conditions

my spot bag is different. i do not intend to touch it soon and will likely continue compounding for as long as price remains attractive

outside of the prying eyes going forward

the thesis hasn't changed

i'm still holding $USELESS to ATHs and beyond, GOD WILLING

[Claynosaurz @Claynosaurz]

We’re heading to RENDR Festival! Cab has been invited to keynote on digital collectibles and next-gen franchise building, alongside majors like K-Pop Demon Hunters, Toy Story, Fallout, Stranger Things, and more.

RENDR is a two-day creativity & tech festival in Belfast that celebrates how modern entertainment (from film and TV to games, animation, and immersive tech) is being made and shared.

[Bob Kendall (The Kendall Report) @PortfolioXpert]

So here’s the issue you get influencers like this guy have a quarter million followers and they claim they don’t know why it is declining… it’s because they don’t understand basic mechanics of price discovery.

They don’t understand that the marginal buyers or the float determines price they think the onchain bitcoin is that is the price discovery

Well, it was once upon a time but now..

Once you can synthetically manufacture the supply, the asset is no longer scarce and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market.

This is exactly what has happened to Bitcoin.

This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated.

The original premise that no longer exists

Bitcoin’s entire valuation logic was built on finite supply (21M) and inability to be rehypothecated.

That died the moment:
•Cash-settled futures
•Perpetual swaps
•Options
•ETFs
•Prime broker lending
•Wrapped BTC
•Total return swaps

were layered on top of the chain.

From that moment forward:

Bitcoin supply became theoretically infinite.

Not on-chain in price discovery.

The metric that explains the collapse

Synthetic Float Ratio (SFR)

Once you can synthetically manufacture the supply, the asset is no longer scarce — and once scarcity is gone, price becomes a derivatives game, not a supply-and-demand market.

That is exactly what has happened to Bitcoin.

This is the same structural break that occurred in gold, silver, oil, and eventually equities once they became derivatives-dominated.

Why Wall Street can now “trade against” Bitcoin

They do exactly what they’ve done in every commodity market:
1.Create unlimited paper BTC
2.Short into rallies
3.Force liquidations
4.Cover lower
5.Repeat

They are not “betting” — they are manufacturing inventory.

The same 1 BTC can now support:
•An ETF unit
•A futures contract
•A perpetual swap
•An options delta
•A broker loan
•A structured note

All at once.

That is six claims on one coin.

That is not a market.
That is a fractional reserve price system.

[Se7e✨ @Se7e8]

A lot of criticism to Bonkfun has been flooding the timeline this past days. I have read and agree with a lot of it, however I did not read a lot of proposals for improvements and thats how we move forward.

That said, below I share my proposal. Appreciate whoever can read and point out improvements/ weak spots.

Bonkfun USD1 Rewards Program Proposal Weighted, multi‑factor reward system for users and partner projects.

The Bonkfun USD1 rewards program is designed to incentivize healthy trading behavior, increase platform engagement, and support both established and emerging tokens. It uses a weighted level system, where participants accumulate points based on performance across multiple dimensions. These points determine each participant’s reward tier and corresponding share of the USD1 reward pool.

A) Reward Program for Users
The user reward framework allocates four equally weighted components (25% each) to balance incentives between large traders, small traders, active traders, and patient holders. This ensures the program does not disproportionately favor whales or hyperactive trading — but rewards a mix of behaviors.

1) Realized Absolute PnL (25%)
Goal: Reward users who generate high absolute profit.

This favors larger players who trade with significant size.
Scoring is based on realized profit measured in USD.
Encourages volume and platform liquidity.

2) Realized Percentage PnL (25%)
Goal: Reward small accounts and efficient trading.

This metric neutralizes trade size by focusing on percentage-based performance.
Smaller accounts can outperform through skill rather than capital.
Encourages strategic, high-return trading.

3) Number of Trades (25%)
Goal: Incentivize frequent engagement and platform usage.

More trades = more points (with anti-spam throttling).
Encourages consistent participation without wash trading.
This boosts daily active users and transactional metrics.

4) Average Time Held (25%)
Goal: Reward patience and thoughtful trading.

Points increase the longer a user holds a position before closing it.
Encourages more stable trading behavior.
Balances the “number of trades” metric to prevent hyper-churning.

B) Reward Program for Projects
Projects listed or participating in Bonkfun can also earn a share of USD1 rewards. This attracts new tokens, encourages liquidity, and drives healthy ecosystem behaviors.
Each metric has equal weight (25%).

1) Absolute Token Volume (25%)
Goal: Reward high‑traffic, highly traded tokens.

More overall trading volume = more rewards for the project.
Encourages campaigns to drive trader activity.

This gives established tokens a predictable and fair path to rewards.

2) Volume Relative to Market Cap (25%)
Goal: Give small/new tokens a fair chance.

Measures how active a token is relative to its size.
Helps leveling the playing field for small caps and encourages discovery and supports early‑stage ecosystems.

3) Average Holder Time (25%)
Goal: Encourage projects whose traders behave sustainably.

Longer holding periods indicate stronger investor confidence.
Discourages pump‑and‑dump dynamics.

Tokens with stable communities are rewarded.

4) Price Performance (25%)
Goal: Reward projects that perform well during the rewards window.

Measures positive price appreciation, adjusted to prevent manipulation.
Encourages projects to focus on fundamentals and real traction.

Anti‑manipulation mechanisms (e.g., smoothing, capped scoring) can be applied.

Anti‑Gaming & Fairness Mechanisms
To ensure system integrity, Bonkfun integrates:
• Anti‑wash-trading heuristics detects irregular trade patterns, circular trading, zero‑spread trades, or self‑interactions.
• Time‑weighted scoring discourages rapid fake turnover.
• Normalization curves prevent whales or single‑metric exploitation.
• Market manipulation filters price or volume anomalies are flagged and smoothed.
These safeguards ensure rewards reflect real value addition.

[Kadense Pengu°❗️❗️❗️ @iamkadense]

USD1 Szn is heating up

🦅☝️

[MartyParty @martypartymusic]

It begins - QE