Degen God

about 21 hours ago

If you’re seeing #牛来 everywhere today but still have no idea why it’s pumping, read this thread. Everything you need to know is here 0xBEEA1D618e533a387D941F58a7d4c9b7bD377777

about 21 hours ago

And the next one is #牛来 Quite a few people have been asking me about this one today because the volume has been absolutely insane So let’s break it down together 1. First, what is #牛来 actually about? $牛来 is inspired by a Chinese animated movie called 《牛来》, which was released on August 5 The funny part is that the movie almost completely flopped when it first came out During its first 9 days, it reportedly made only around 7,000 RMB at the box office, with just a few hundred people watching it But ironically, that massive flop is exactly what made it go viral People criticized the rough animation, stiff movements, and extremely abstract storyline. Clips started spreading across Chinese social media with people basically asking : “How bad can this movie actually be?” And that triggered a pretty crazy reverse-viral effect People started going to see the movie not because it was getting great reviews, but because they wanted to experience for themselves just how bizarre it really was. According to reports from August 15, the number of screenings went from almost nothing to hundreds and eventually more than 1,000, while box office revenue exploded within just 1–2 days Updated data tonight even showed that total box office including presales had surpassed 1M RMB. This is basically the perfect type of narrative for a memecoin : Flop => becomes a meme => goes viral => people get curious => more people talk about it => it becomes even more viral 2. The second thing I like is the name itself: “牛来” This part fits crypto surprisingly well In Chinese : 牛 = bull 来 = come So the community can easily turn $牛来 into : “Bull comes” Or more naturally : “The bull is coming” You have a movie called 牛来 going viral at exactly the same time crypto can turn its name into a bull market meme The narrative is extremely simple And when it comes to memecoins, sometimes the simplest narratives are the easiest ones to spread 3. But there’s another detail that caught my attention: its pair is QQQB $牛来 isn’t paired with USDT or WBNB like a typical meme Its main pool is paired with QQQB QQQB essentially provides exposure to the Invesco QQQ / Nasdaq-100 through the tokenized stock / bStocks narrative So you suddenly have this combination : Chinese viral meme > “Bull Comes” > BSC > bStocks / tokenized stocks I don’t think QQQB is the main reason the token is running The movie is still the main catalyst But with tokenized stocks getting more attention lately, I think this is a pretty interesting extra angle 4. The tokenomics also have an interesting mechanism $牛来 is a tax token Whenever trades happen, part of the tax is accumulated as tokens inside the contract Once the amount reaches a certain threshold, those tokens can be liquidated/swapped into QQQB through the main pool The threshold isn’t completely fixed either , there’s a mechanism that adjusts it depending on market conditions This obviously doesn’t suddenly turn $牛来 into a utility token But at least the QQQB pair isn’t there purely for marketing. It’s directly connected to how the token’s tax mechanism works 5. So why has the chart been so strong? I think the answer is pretty simple : Attention is growing faster than the market cap The movie only really started experiencing this reverse-viral moment over the past 1–2 days Clips and memes are spreading across Chinese social media, theaters are adding more screenings, box office numbers are climbing quickly, and Chinese media has started covering the whole phenomenon Meanwhile, crypto is beginning to front-run the story Chinese traders/KOLs are starting to pay attention, and the narrative around the movie is now being converted into a memecoin narrative We’ve seen this pattern plenty of times before : real-world attention → social media → meme → crypto discovers it → liquidity follows attention And $牛来 seems to be somewhere in the middle of that process right now 6. What are the next catalysts? There are 4 things I’m watching + The most important one is still the movie itself If box office numbers keep climbing, theaters continue adding screenings, and 牛来 stays hot across Douyin/Weibo/search trends, then the token still has fuel behind the narrative + Second is Chinese CT If bigger Chinese KOLs start talking about $牛来, I think that could be the most important crypto-native catalyst from here. + Third is listings We’ve already started seeing some smaller exchange listings. If larger CEXs eventually pick it up, that could create another wave of attention and liquidity + And finally, narrative expansion. If 牛来 starts generating more memes, derivative tokens, or develops into a broader cultural trend rather than remaining tied exclusively to the movie, the lifespan of the narrative could become much longer 7. But this is probably the most important part: I’m not chasing this chart Looking at the chart, $牛来 basically went from almost zero to an ATH above ~$7M before pulling back toward ~$5M That’s already an enormous move in a very short period of time A good narrative doesn’t mean every price is a good entry The area that becomes much more interesting to me is around $3–4M if the market gives us a proper correction But there’s one important condition If it reaches $2–3M, I’ll check whether the movie is still going viral, whether Chinese KOLs are still talking about it, and whether the volume is still there Price going down while attention keeps growing = a dip worth watching Price going down because the narrative is dying = completely different story 8. Finally, the bear case is pretty obvious At the end of the day, this is still a pure memecoin There’s no major product or roadmap that gives me enough reason to build a long-term thesis around it, and most of its current value depends on the attention surrounding 《牛来》 Cultural narratives like this can explode extremely quickly, but they can die just as fast The chart has also already moved massively from the bottom, which means there are inevitably plenty of holders sitting on huge profits That’s why I see $牛来 more as an attention trade than a long-term investment To sum it up : What makes $牛来 interesting to me isn’t just the chart It’s the unusual intersection between something genuinely happening outside crypto and the market’s ability to meme it on-chain : 《牛来》 reverse-viral in China → “Bull Comes” → Chinese CT attention → BSC liquidity → QQQB / bStocks angle At ~$7M, I don’t like chasing it But if we get a proper washout toward the $2–3M area while the narrative in China continues getting stronger, I think this becomes one of the more interesting plays to keep a close eye on With plays like this, don’t just watch the chart Watch where the attention is going 0xBEEA1D618e533a387D941F58a7d4c9b7bD377777

stitchdegen's tweet photo. And the next one is #牛来

Quite a few people have been asking me about this one today because the volume has been absolutely insane

So let’s break it down together

1. First, what is #牛来 actually about?

$牛来 is inspired by a Chinese animated movie called 《牛来》, which was released on August 5

The funny part is that the movie almost completely flopped when it first came out

During its first 9 days, it reportedly made only around 7,000 RMB at the box office, with just a few hundred people watching it

But ironically, that massive flop is exactly what made it go viral

People criticized the rough animation, stiff movements, and extremely abstract storyline. Clips started spreading across Chinese social media with people basically asking :

“How bad can this movie actually be?”

And that triggered a pretty crazy reverse-viral effect

People started going to see the movie not because it was getting great reviews, but because they wanted to experience for themselves just how bizarre it really was.

According to reports from August 15, the number of screenings went from almost nothing to hundreds and eventually more than 1,000, while box office revenue exploded within just 1–2 days

Updated data tonight even showed that total box office including presales had surpassed 1M RMB.

This is basically the perfect type of narrative for a memecoin :

Flop => becomes a meme => goes viral => people get curious => more people talk about it => it becomes even more viral

2. The second thing I like is the name itself: “牛来”

This part fits crypto surprisingly well

In Chinese :

牛 = bull
来 = come
So the community can easily turn $牛来 into :

“Bull comes”

Or more naturally :

“The bull is coming”

You have a movie called 牛来 going viral at exactly the same time crypto can turn its name into a bull market meme

The narrative is extremely simple

And when it comes to memecoins, sometimes the simplest narratives are the easiest ones to spread

3. But there’s another detail that caught my attention: its pair is QQQB

$牛来 isn’t paired with USDT or WBNB like a typical meme

Its main pool is paired with QQQB

QQQB essentially provides exposure to the Invesco QQQ / Nasdaq-100 through the tokenized stock / bStocks narrative

So you suddenly have this combination :

Chinese viral meme

> “Bull Comes”
> BSC
> bStocks / tokenized stocks

I don’t think QQQB is the main reason the token is running

The movie is still the main catalyst

But with tokenized stocks getting more attention lately, I think this is a pretty interesting extra angle

4. The tokenomics also have an interesting mechanism

$牛来 is a tax token

Whenever trades happen, part of the tax is accumulated as tokens inside the contract

Once the amount reaches a certain threshold, those tokens can be liquidated/swapped into QQQB through the main pool

The threshold isn’t completely fixed either , there’s a mechanism that adjusts it depending on market conditions

This obviously doesn’t suddenly turn $牛来 into a utility token

But at least the QQQB pair isn’t there purely for marketing. It’s directly connected to how the token’s tax mechanism works

5. So why has the chart been so strong?

I think the answer is pretty simple :

Attention is growing faster than the market cap

The movie only really started experiencing this reverse-viral moment over the past 1–2 days

Clips and memes are spreading across Chinese social media, theaters are adding more screenings, box office numbers are climbing quickly, and Chinese media has started covering the whole phenomenon

Meanwhile, crypto is beginning to front-run the story

Chinese traders/KOLs are starting to pay attention, and the narrative around the movie is now being converted into a memecoin narrative

We’ve seen this pattern plenty of times before :

real-world attention

→ social media
→ meme
→ crypto discovers it
→ liquidity follows attention

And $牛来 seems to be somewhere in the middle of that process right now

6. What are the next catalysts?

There are 4 things I’m watching

+ The most important one is still the movie itself

If box office numbers keep climbing, theaters continue adding screenings, and 牛来 stays hot across

Douyin/Weibo/search trends, then the token still has fuel behind the narrative

+ Second is Chinese CT

If bigger Chinese KOLs start talking about $牛来, I think that could be the most important crypto-native catalyst from here.

+ Third is listings

We’ve already started seeing some smaller exchange listings. If larger CEXs eventually pick it up, that could create another wave of attention and liquidity

+ And finally, narrative expansion.

If 牛来 starts generating more memes, derivative tokens, or develops into a broader cultural trend rather than remaining tied exclusively to the movie, the lifespan of the narrative could become much longer

7. But this is probably the most important part: I’m not chasing this chart

Looking at the chart, $牛来 basically went from almost zero to an ATH above ~$7M before pulling back toward ~$5M

That’s already an enormous move in a very short period of time

A good narrative doesn’t mean every price is a good entry

The area that becomes much more interesting to me is around $3–4M if the market gives us a proper correction

But there’s one important condition

If it reaches $2–3M, I’ll check whether the movie is still going viral, whether Chinese KOLs are still talking about it, and whether the volume is still there

Price going down while attention keeps growing = a dip worth watching

Price going down because the narrative is dying = completely different story

8. Finally, the bear case is pretty obvious

At the end of the day, this is still a pure memecoin

There’s no major product or roadmap that gives me enough reason to build a long-term thesis around it, and most of its current value depends on the attention surrounding 《牛来》

Cultural narratives like this can explode extremely quickly, but they can die just as fast

The chart has also already moved massively from the bottom, which means there are inevitably plenty of holders sitting on huge profits

That’s why I see $牛来 more as an attention trade than a long-term investment

To sum it up :

What makes $牛来 interesting to me isn’t just the chart

It’s the unusual intersection between something genuinely happening outside crypto and the market’s ability to meme it on-chain :

《牛来》 reverse-viral in China

→ “Bull Comes”
→ Chinese CT attention
→ BSC liquidity
→ QQQB / bStocks angle

At ~$7M, I don’t like chasing it

But if we get a proper washout toward the $2–3M area while the narrative in China continues getting stronger, I think this becomes one of the more interesting plays to keep a close eye on

With plays like this, don’t just watch the chart

Watch where the attention is going

0xBEEA1D618e533a387D941F58a7d4c9b7bD377777

18K

455

about 21 hours ago

@stitchdegen send ittttttt

2 days ago

Everyone is talking about $BBROKER, but not enough people actually understand what they’re betting on This thread explains it 0xf1969F437Fe3C485468FB17B0d9861c24DCd7777

2 days ago

Overall, market volume doesn’t look that great today, but there are still a few tokens on $BSC that I think are worth paying attention to And the first one is $BBROKER To be fair, it has already made a pretty strong move, so I’m sure a lot of you already know about it. But after the correction, the chart has been ranging for quite a while, and I’ve had quite a few people asking whether the dip is still worth buying I think it is, but what interests me more about $BBROKER is the narrative behind it. So let’s break it down again + First: Meme × NFT × RWA This is probably what I like most about $BBROKER. Instead of being just another BSC meme, it combines three narratives at once: > Meme => attention + trading volume > NFT => utility + yield > bStocks => RWA / tokenized stocks narrative The concept behind bBroker Vault is also pretty easy to understand : Burn $BBROKER => Mint NFT => NFT earns rewards + has a floor Trading volume generates fees, and those fees are then routed into the Dividend Pool and Floor Pool In simple terms, they’re trying to turn memecoin trading activity itself into cash flow that supports the NFT ecosystem I think it’s a pretty easy narrative to understand and spread, and more importantly, it fits quite well with what’s getting attention on BSC right now + Second : It reminds me a lot of StonkBrokers If you’ve been following me for a while, you probably know I’ve talked quite a lot about StonkBrokers on Robinhood Chain And $BBROKER has a lot of similarities Meme + NFT + yield + floor The difference is that this concept is now being brought over to BSC with the addition of bStocks That’s also why some people are looking at $BBROKER as a kind of “beta play” on StonkBrokers for BSC I don’t necessarily think copying a model that has already worked is a bad thing If the market has already shown that people like a certain mechanism, bringing that same model into another ecosystem with active liquidity can create a new narrative of its own + Third : bStocks / RWA is the part I’m watching the most This is what gives $BBROKER a bit more depth in my opinion RWA and tokenized stocks are gradually becoming a pretty interesting narrative on BSC And instead of simply throwing “RWA” into the narrative for marketing, $BBROKER is trying to connect it directly to the Vault + NFT rewards through bStocks So the thesis here isn’t simply : “a memecoin with NFTs” It’s more like : Meme attention => trading volume => NFT utility => RWA rewards If the market continues paying attention to tokenized stocks, $BBROKER could easily become a beta play for that narrative + Fourth : The flywheel is what will decide whether this can actually go further This is the part I’ll be watching most closely Volume goes up → more fees → Dividend Pool + Floor Pool grow → NFTs become more attractive → more people want to mint → more $BBROKER gets burned → narrative gets stronger. If this loop actually starts working, $BBROKER becomes much more interesting than a meme that relies entirely on KOLs continuing to shill it But obviously, it works both ways Volume drops => rewards drop => floor growth slows => demand for minting drops So for me, the biggest catalyst right now isn’t another KOL or another tweet pumping the price. It’s volume + continued growth in NFT mints If those two can maintain momentum, I think the narrative still has room to run + Finally : My view I actually like the narrative behind $BBROKER Not because it’s completely original, but because it combines several things the market is paying attention to right now : BSC + Meme + NFT + RWA / Tokenized Stocks More importantly, there’s an actual mechanism behind the narrative that makes it relatively easy to understand where the money flows Of course, this is still an early beta play If volume dies, the flywheel can die with it, so I definitely wouldn’t treat this as something you just buy and forget about Looking at the chart, it already had a strong run, followed by a correction, and has now been ranging for a while I think there’s still a chance we get another flush toward the 400–500K MC area That’s where I’d be interested in starting to bid Entry I’m watching: 400–500K MC If it breaks below 300K, especially with volume drying up → I’m cutting the position So overall, I’m not betting on $BBROKER simply because it’s another meme on BSC My thesis is more about Meme × NFT × RWA being a pretty well-timed narrative, combined with a model that has already shown some traction through StonkBrokers If volume comes back and the flywheel actually starts working, I think there could still be a lot more to talk about with $BBROKER No need to FOMO here Wait for the dip, watch the volume, and play this one safe 0xf1969F437Fe3C485468FB17B0d9861c24DCd7777

stitchdegen's tweet photo. Overall, market volume doesn’t look that great today, but there are still a few tokens on $BSC that I think are worth paying attention to

And the first one is $BBROKER

To be fair, it has already made a pretty strong move, so I’m sure a lot of you already know about it. But after the correction, the chart has been ranging for quite a while, and I’ve had quite a few people asking whether the dip is still worth buying

I think it is, but what interests me more about $BBROKER is the narrative behind it.

So let’s break it down again

+ First: Meme × NFT × RWA

This is probably what I like most about $BBROKER.

Instead of being just another BSC meme, it combines three narratives at once:

> Meme => attention + trading volume
> NFT => utility + yield
> bStocks => RWA / tokenized stocks narrative

The concept behind bBroker Vault is also pretty easy to understand :

Burn $BBROKER => Mint NFT => NFT earns rewards + has a floor

Trading volume generates fees, and those fees are then routed into the Dividend Pool and Floor Pool

In simple terms, they’re trying to turn memecoin trading activity itself into cash flow that supports the NFT ecosystem

I think it’s a pretty easy narrative to understand and spread, and more importantly, it fits quite well with what’s getting attention on BSC right now

+ Second : It reminds me a lot of StonkBrokers

If you’ve been following me for a while, you probably know I’ve talked quite a lot about StonkBrokers on Robinhood Chain

And $BBROKER has a lot of similarities

Meme + NFT + yield + floor

The difference is that this concept is now being brought over to BSC with the addition of bStocks

That’s also why some people are looking at $BBROKER as a kind of “beta play” on StonkBrokers for BSC

I don’t necessarily think copying a model that has already worked is a bad thing

If the market has already shown that people like a certain mechanism, bringing that same model into another ecosystem with active liquidity can create a new narrative of its own

+ Third : bStocks / RWA is the part I’m watching the most

This is what gives $BBROKER a bit more depth in my opinion

RWA and tokenized stocks are gradually becoming a pretty interesting narrative on BSC

And instead of simply throwing “RWA” into the narrative for marketing, $BBROKER is trying to connect it directly to the Vault + NFT rewards through bStocks

So the thesis here isn’t simply :

“a memecoin with NFTs”

It’s more like :

Meme attention => trading volume => NFT utility => RWA rewards

If the market continues paying attention to tokenized stocks, $BBROKER could easily become a beta play for that narrative

+ Fourth : The flywheel is what will decide whether this can actually go further

This is the part I’ll be watching most closely

Volume goes up

→ more fees
→ Dividend Pool + Floor Pool grow
→ NFTs become more attractive
→ more people want to mint
→ more $BBROKER gets burned
→ narrative gets stronger.

If this loop actually starts working, $BBROKER becomes much more interesting than a meme that relies entirely on KOLs continuing to shill it

But obviously, it works both ways

Volume drops => rewards drop => floor growth slows => demand for minting drops

So for me, the biggest catalyst right now isn’t another KOL or another tweet pumping the price.
It’s volume + continued growth in NFT mints

If those two can maintain momentum, I think the narrative still has room to run

+ Finally : My view

I actually like the narrative behind $BBROKER

Not because it’s completely original, but because it combines several things the market is paying attention to right now :

BSC + Meme + NFT + RWA / Tokenized Stocks

More importantly, there’s an actual mechanism behind the narrative that makes it relatively easy to understand where the money flows

Of course, this is still an early beta play

If volume dies, the flywheel can die with it, so I definitely wouldn’t treat this as something you just buy and forget about

Looking at the chart, it already had a strong run, followed by a correction, and has now been ranging for a while

I think there’s still a chance we get another flush toward the 400–500K MC area

That’s where I’d be interested in starting to bid

Entry I’m watching: 400–500K MC

If it breaks below 300K, especially with volume drying up → I’m cutting the position

So overall, I’m not betting on $BBROKER simply because it’s another meme on BSC

My thesis is more about Meme × NFT × RWA being a pretty well-timed narrative, combined with a model that has already shown some traction through StonkBrokers

If volume comes back and the flywheel actually starts working, I think there could still be a lot more to talk about with $BBROKER

No need to FOMO here

Wait for the dip, watch the volume, and play this one safe

0xf1969F437Fe3C485468FB17B0d9861c24DCd7777

103

20K

459

2 days ago

@stitchdegen Meme × NFT × RWA is actually a pretty interesting combination. Good breakdown

2 days ago

$PONS 0x39dBED3a2bd333467115dE45665cC57F813C4571

2 days ago

$PONS is recovering really strongly, but honestly, the price isn’t even what I’m paying the most attention to right now What stands out to me more is how hard the team is still building If you look at the entire Robinhood Chain ecosystem right now, I think $PONS is pretty clearly the #2 name, only behind $CASHCAT And the recent updates only make this thesis more interesting Pons has now : > Surpassed $2.25B in total trading volume > Had 280K+ tokens created > Generated ~$14.7M in creator rewards > Burned more than 27% of the $PONS supply But what I like most recently is how aggressively Pons is expanding into RWA/tokenized stocks They had already added pairs like SNDK, AMD, AMZN, MSFT, META, COIN, PLTR... And today, another 7 pairs were added : TTWO, RIVN, COST, DJT, MSTR, QQQ and RDDT The team has also said there are plenty more coming Some pairs like DJT and RIVN have even been short on liquidity due to demand, to the point where Ozzy had to directly call for LPs to add more liquidity And it’s not just RWA. The core product is still getting constant updates too : Better anti-snipe protection, CTO with a 3-day timelock, tax reflection, Uniswap Launches integration... And most importantly, the $PONS buyback + burn mechanism is still running Of course, Pons has more competition now. The arrival of https://t.co/yhIuRnJKVw has pushed its market share down to around 55–60% But what matters is that even with stronger competition, Pons is still the #1 launchpad by volume That’s what keeps me interested in $PONS It’s no longer just another token riding the Robinhood Chain narrative Behind $PONS is an actual platform with real volume, real creators, real revenue, constant product updates, and now an increasingly strong push into RWA/tokenized stocks And that’s why my view from the previous post hasn’t really changed $CASHCAT became the first Robinhood Chain native token to get listed on Robinhood And if you ask me which token is sitting right behind $CASHCAT in the ecosystem right now, my answer is still $PONS There’s been no confirmation of a listing, so of course this is still just a thesis But with the way the team is building right now, if Robinhood does decide to pick another native token to list, I still don’t see a more logical candidate than $PONS And even if the Robinhood listing never happens, I still think $PONS is a token worth keeping a close eye on Because at the end of the day, a listing is just one catalyst What makes me more bullish is that the team is actually building, and Pons is slowly carving out its own position within the Robinhood Chain ecosystem 0x39dbed3a2bd333467115de45665cc57f813c4571

stitchdegen's tweet photo. $PONS is recovering really strongly, but honestly, the price isn’t even what I’m paying the most attention to right now

What stands out to me more is how hard the team is still building

If you look at the entire Robinhood Chain ecosystem right now, I think $PONS is pretty clearly the #2 name, only behind $CASHCAT

And the recent updates only make this thesis more interesting

Pons has now :

> Surpassed $2.25B in total trading volume

> Had 280K+ tokens created

> Generated ~$14.7M in creator rewards

> Burned more than 27% of the $PONS supply

But what I like most recently is how aggressively Pons is expanding into RWA/tokenized stocks

They had already added pairs like SNDK, AMD, AMZN, MSFT, META, COIN, PLTR...

And today, another 7 pairs were added :

TTWO, RIVN, COST, DJT, MSTR, QQQ and RDDT

The team has also said there are plenty more coming

Some pairs like DJT and RIVN have even been short on liquidity due to demand, to the point where Ozzy had to directly call for LPs to add more liquidity

And it’s not just RWA. The core product is still getting constant updates too :

Better anti-snipe protection, CTO with a 3-day timelock, tax reflection, Uniswap Launches integration...

And most importantly, the $PONS buyback + burn mechanism is still running

Of course, Pons has more competition now. The arrival of https://t.co/yhIuRnJKVw has pushed its market share down to around 55–60%

But what matters is that even with stronger competition, Pons is still the #1 launchpad by volume

That’s what keeps me interested in $PONS

It’s no longer just another token riding the Robinhood Chain narrative

Behind $PONS is an actual platform with real volume, real creators, real revenue, constant product updates, and now an increasingly strong push into RWA/tokenized stocks

And that’s why my view from the previous post hasn’t really changed

$CASHCAT became the first Robinhood Chain native token to get listed on Robinhood

And if you ask me which token is sitting right behind $CASHCAT in the ecosystem right now, my answer is still $PONS

There’s been no confirmation of a listing, so of course this is still just a thesis

But with the way the team is building right now, if Robinhood does decide to pick another native token to list, I still don’t see a more logical candidate than $PONS

And even if the Robinhood listing never happens, I still think $PONS is a token worth keeping a close eye on

Because at the end of the day, a listing is just one catalyst

What makes me more bullish is that the team is actually building, and Pons is slowly carving out its own position within the Robinhood Chain ecosystem

0x39dbed3a2bd333467115de45665cc57f813c4571

2 days ago

@stitchdegen thank for sharing bro , im aped at 20M dip like u said

3 days ago

send it $PACK 0x0145AcbcceFbEd6F303C420bEeaaAc72E905430b

3 days ago

$PACK is probably one of the most unique plays on the market right now After actually sitting down and researching it, I realized there’s a lot more going on here than I initially thought Quite a few people have also been DMing me asking for a deeper breakdown on $PACK and why it has been running so hard So let’s dig into it together + First : the “Two Wolves” narrative To understand $PACK, you first need to understand the narrative it’s playing into On July 17, Vlad Tenev, CEO of Robinhood, posted : “Why not both?” alongside the “two wolves” image The concept actually fits pretty well with the direction Robinhood has been moving in One wolf represents the more serious financial side: RWA, tokenized stocks, NVDA, AAPL, MSFT,.... The other represents meme/degen culture: attention, community, speculation and retail In simple terms : TradFi + Degens But instead of just taking that narrative and slapping it onto another memecoin, $PACK actually built the idea directly into the token’s structure The founder describes it pretty simply : “There are two wolves inside you One wants NVDA · MU · MSFT · AAPL · AMD · SPCX The other wants CASHCAT · THROBBIN · TENDIES · PONS $PACK is both” That was the first thing that caught my attention + Second : 10 liquidity pools This is where $PACK starts getting very different from your average meme Instead of launching with a normal PACK/ETH or PACK/USDC pool, $PACK has no native ETH/USD pair Instead, it created 10 separate liquidity pools on Uniswap v4 There are : + 6 pools paired with tokenized stocks: NVDA, MSFT, AAPL, AMD, MU, SPCX... + 4 pools paired with memes: CASHCAT, THROBBIN, TENDIES, PONS... So the “Two Wolves” concept isn’t just branding Half of the liquidity network is connected to stocks The other half is connected to memes And $PACK sits right in the middle of both This is also why if you open DexScreener and see one pair with only tens of thousands of dollars in liquidity, you shouldn’t immediately assume that represents the entire liquidity of $PACK Its liquidity is spread across 10 different pools + Third : those 10 pools are permanently locked This is another part I find pretty interesting According to the design published by the founder : > No owner > No admin key > No upgrades > No function to withdraw liquidity Basically, once the system was deployed, even the founder couldn’t simply pull the LP or change the mechanics The anti-snipe rules were also hardcoded from the beginning : > First hour : max 0.5% of supply per wallet > Next 6 hours : max 2% > After that: unrestricted The founder even said : “I can’t stop it either” It’s basically an experiment that gets released into the wild and then left for the market to decide what happens next + Fourth : the flywheel is probably the part I find most interesting $PACK has a 1% trading fee But those fees don’t simply flow to the team When someone buys $PACK, the fee collected in the paired token is used to buy more $PACK from the market and feed it back into liquidity When someone sells $PACK, the fee collected in $PACK is permanently burned So in simple terms, the more trading volume $PACK generates, the more fees the system collects. More fees mean more $PACK can be bought back/burned while liquidity gradually gets deeper. Deeper liquidity can then potentially attract more traders, more volume and more attention So the loop is pretty easy to understand : More trading => more fees => more $PACK buybacks/burns => deeper liquidity => potentially more volume and attention There’s also a Harvest mechanism every 12 hours Anyone can trigger it : > 1% of the harvest goes to whoever triggers it > The remaining 99% goes back into the buyback/burn mechanism And importantly, this flywheel isn’t just theoretical anymore. The first Harvest has already been completed According to the team’s update : > Around 660K $PACK was bought back > It was fed back into liquidity > Around 0.44% of the total supply was burned For me, that’s a much more interesting datapoint than simply saying, “this token has a buyback mechanism” The mechanics are already running + Fifth : the founder is pretty interesting too $PACK was created by @gribbly_fire He’s one of the co-founders of $COQ, a token that previously reached a pretty serious market cap Obviously that doesn’t guarantee $PACK will succeed, but at least this isn’t just some completely anonymous dev who appeared today and could disappear tomorrow I also like the way he talks about $PACK He isn’t trying to sell it as some “revolutionary DeFi protocol” or force a bunch of fake utility onto it Instead, he literally describes it as : “An experiment, and volatile on purpose 60% future, 40% fuck it” And honestly, that describes $PACK pretty well + Sixth : why does the chart look so weird? There are 10 pools operating at the same time That means you have arbitrage between different pools and much more complicated routing than a normal meme with one liquidity pair The founder has even said that the fact it can look a little “ugly” is intentional So I wouldn’t look at $PACK like a normal memecoin where it’s simply : CA => liquidity pool => buy/sell It feels more like a liquidity experiment wrapped inside a meme And that’s exactly what makes it interesting to me + Now for the important part : the risks Don’t let a good thesis make you forget that this is still an extremely new memecoin Right now, $PACK depends heavily on two things : attention + volume The mechanics work beautifully while volume is high, but the reverse is also true If people stop trading, fees decline. Lower fees mean weaker buybacks/burns, slower liquidity growth, and one of the most attractive parts of the $PACK thesis becomes much less powerful The 10-pool structure also means liquidity is fragmented, making charting and valuation more complicated than usual And most importantly : $PACK is not an official Robinhood token It’s making clever use of the “Two Wolves” narrative and the tokenized stocks/meme ecosystem, but we shouldn’t turn a narrative connection into a partnership that doesn’t currently exist + So how am I looking at $PACK? If I only look at the chart, I honestly don’t like it It has basically been UP ONLY 😂 It ran from below $1M straight into the $7–8M range and even wicked to around $9M I have zero interest in chasing that move here But if I ignore the chart for a second and just research the concept, I have to admit : The $PACK narrative is pretty unique It doesn’t simply meme the “Two Wolves” concept It turns Two Wolves into the actual structure of the token : 6 stock pools + 4 meme pools → 10 permanently locked pools → no native ETH/USD pair → volume generates fees → fees feed buybacks/burns + liquidity → permissionless Harvest → immutable experiment That’s basically everything that makes $PACK “different” packed into one design So I’m not chasing it at current levels If the market gives us a proper dip, the area I’d be interested in watching is around $4M MC If the thesis completely fails and market cap drops below $1.5M, that would be my invalidation and I’d cut the position So overall : I don’t like the chart But I genuinely like the narrative + mechanics $PACK can obviously fail like any other experimental meme, but at least this is one of the few recent plays that actually made me sit down and research it because it’s trying something genuinely different Now I understand why so many of you have been DM me about this one 0x0145AcbcceFbEd6F303C420bEeaaAc72E905430b

stitchdegen's tweet photo. $PACK is probably one of the most unique plays on the market right now

After actually sitting down and researching it, I realized there’s a lot more going on here than I initially thought

Quite a few people have also been DMing me asking for a deeper breakdown on $PACK and why it has been running so hard

So let’s dig into it together

+ First : the “Two Wolves” narrative

To understand $PACK, you first need to understand the narrative it’s playing into

On July 17, Vlad Tenev, CEO of Robinhood, posted :

“Why not both?”

alongside the “two wolves” image

The concept actually fits pretty well with the direction Robinhood has been moving in

One wolf represents the more serious financial side: RWA, tokenized stocks, NVDA, AAPL, MSFT,....

The other represents meme/degen culture: attention, community, speculation and retail

In simple terms :

TradFi + Degens

But instead of just taking that narrative and slapping it onto another memecoin, $PACK actually built the idea directly into the token’s structure

The founder describes it pretty simply :

“There are two wolves inside you

One wants NVDA · MU · MSFT · AAPL · AMD · SPCX

The other wants CASHCAT · THROBBIN · TENDIES · PONS

$PACK is both”

That was the first thing that caught my attention

+ Second : 10 liquidity pools

This is where $PACK starts getting very different from your average meme

Instead of launching with a normal PACK/ETH or PACK/USDC pool, $PACK has no native ETH/USD pair

Instead, it created 10 separate liquidity pools on Uniswap v4

There are :

+ 6 pools paired with tokenized stocks: NVDA, MSFT, AAPL, AMD, MU, SPCX...

+ 4 pools paired with memes: CASHCAT, THROBBIN, TENDIES, PONS...

So the “Two Wolves” concept isn’t just branding

Half of the liquidity network is connected to stocks

The other half is connected to memes

And $PACK sits right in the middle of both

This is also why if you open DexScreener and see one pair with only tens of thousands of dollars in liquidity, you shouldn’t immediately assume that represents the entire liquidity of $PACK

Its liquidity is spread across 10 different pools

+ Third : those 10 pools are permanently locked

This is another part I find pretty interesting

According to the design published by the founder :

> No owner

> No admin key

> No upgrades

> No function to withdraw liquidity

Basically, once the system was deployed, even the founder couldn’t simply pull the LP or change the mechanics

The anti-snipe rules were also hardcoded from the beginning :

> First hour : max 0.5% of supply per wallet

> Next 6 hours : max 2%

> After that: unrestricted

The founder even said :

“I can’t stop it either”

It’s basically an experiment that gets released into the wild and then left for the market to decide what happens next

+ Fourth : the flywheel is probably the part I find most interesting

$PACK has a 1% trading fee

But those fees don’t simply flow to the team

When someone buys $PACK, the fee collected in the paired token is used to buy more $PACK from the market and feed it back into liquidity

When someone sells $PACK, the fee collected in $PACK is permanently burned

So in simple terms, the more trading volume $PACK generates, the more fees the system collects. More fees mean more $PACK can be bought back/burned while liquidity gradually gets deeper. Deeper liquidity can then potentially attract more traders, more volume and more attention

So the loop is pretty easy to understand :

More trading => more fees => more $PACK buybacks/burns => deeper liquidity => potentially more volume and attention

There’s also a Harvest mechanism every 12 hours

Anyone can trigger it :

> 1% of the harvest goes to whoever triggers it

> The remaining 99% goes back into the buyback/burn mechanism

And importantly, this flywheel isn’t just theoretical anymore.

The first Harvest has already been completed

According to the team’s update :

> Around 660K $PACK was bought back

> It was fed back into liquidity

> Around 0.44% of the total supply was burned

For me, that’s a much more interesting datapoint than simply saying, “this token has a buyback mechanism”

The mechanics are already running

+ Fifth : the founder is pretty interesting too

$PACK was created by @gribbly_fire

He’s one of the co-founders of $COQ, a token that previously reached a pretty serious market cap

Obviously that doesn’t guarantee $PACK will succeed, but at least this isn’t just some completely anonymous dev who appeared today and could disappear tomorrow

I also like the way he talks about $PACK

He isn’t trying to sell it as some “revolutionary DeFi protocol” or force a bunch of fake utility onto it

Instead, he literally describes it as :

“An experiment, and volatile on purpose

60% future, 40% fuck it”

And honestly, that describes $PACK pretty well

+ Sixth : why does the chart look so weird?

There are 10 pools operating at the same time

That means you have arbitrage between different pools and much more complicated routing than a normal meme with one liquidity pair

The founder has even said that the fact it can look a little “ugly” is intentional

So I wouldn’t look at $PACK like a normal memecoin where it’s simply :

CA => liquidity pool => buy/sell

It feels more like a liquidity experiment wrapped inside a meme

And that’s exactly what makes it interesting to me

+ Now for the important part : the risks

Don’t let a good thesis make you forget that this is still an extremely new memecoin

Right now, $PACK depends heavily on two things :

attention + volume

The mechanics work beautifully while volume is high, but the reverse is also true

If people stop trading, fees decline. Lower fees mean weaker buybacks/burns, slower liquidity growth, and one of the most attractive parts of the $PACK thesis becomes much less powerful

The 10-pool structure also means liquidity is fragmented, making charting and valuation more complicated than usual

And most importantly :

$PACK is not an official Robinhood token

It’s making clever use of the “Two Wolves” narrative and the tokenized stocks/meme ecosystem, but we shouldn’t turn a narrative connection into a partnership that doesn’t currently exist

+ So how am I looking at $PACK?

If I only look at the chart, I honestly don’t like it

It has basically been UP ONLY 😂

It ran from below $1M straight into the $7–8M range and even wicked to around $9M

I have zero interest in chasing that move here

But if I ignore the chart for a second and just research the concept, I have to admit :

The $PACK narrative is pretty unique

It doesn’t simply meme the “Two Wolves” concept

It turns Two Wolves into the actual structure of the token :

6 stock pools + 4 meme pools

→ 10 permanently locked pools
→ no native ETH/USD pair
→ volume generates fees
→ fees feed buybacks/burns + liquidity
→ permissionless Harvest
→ immutable experiment

That’s basically everything that makes $PACK “different” packed into one design

So I’m not chasing it at current levels

If the market gives us a proper dip, the area I’d be interested in watching is around $4M MC

If the thesis completely fails and market cap drops below $1.5M, that would be my invalidation and I’d cut the position

So overall :

I don’t like the chart

But I genuinely like the narrative + mechanics
$PACK can obviously fail like any other experimental meme, but at least this is one of the few recent plays that actually made me sit down and research it because it’s trying something genuinely different

Now I understand why so many of you have been DM me about this one

0x0145AcbcceFbEd6F303C420bEeaaAc72E905430b

184

16K

193

3 days ago

@stitchdegen good thesis , love u work bro

4 days ago

if u want buy $PLUMBER u need read this GCa9TZMK9Q3VUSkhZgX76YAQBjqQd1dPxkBnZojFpump

4 days ago

Quite a few people have been asking me about $PLUMBER because the volume on this thing is absolutely insane right now I spent some time looking into it, and there are definitely a few things I like here, but also some pretty obvious risks So let’s break it down 1. First, where did the whole “plumber” narrative come from? It basically started with a post from @FrankDeGods : “crypto oldheads were trading against plumbers” Threadguy then pushed the discussion even further, basically arguing that some of the legendary traders from the 2017–2019 era were playing against much weaker competition , regular retail, newbies, or, as the meme puts it, “plumbers” Obviously, the oldheads weren’t going to let that slide Ansem jumped into the debate too, arguing that those days weren’t easy at all. There were rugs everywhere, scams, leverage wipes, and countless alts that eventually went close to zero And somehow, what started as a random joke turned into an actual CT debate : Oldheads vs Plumbers That’s where things started getting interesting 2. Then someone did what CT always does: tokenize the attention $PLUMBER didn’t create this meme. The dev simply saw the “oldheads vs plumbers” debate heating up and deployed a token right in the middle of it And honestly, the timing was pretty good Instead of launching a random token and then desperately trying to build some lore around it, the dev jumped on a narrative that already had attention So the sequence was basically : Frank starts the joke => Threadguy pushes the debate => Ansem/oldheads respond => CT starts talking about plumbers => dev deploys $PLUMBER => community/KOLs pick it up => volume explodes Then “let’s plumb” started getting spammed across GCs and CT, which naturally tied the token even closer to the meme And now $PLUMBER has also been listed on Moonshot, giving it another distribution channel while the narrative is still hot But this is also where I think people need to separate the meme from the token The dev was good at catching the trend, but so far they haven’t proven that they can actually create another reason for people to hold $PLUMBER once the initial attention fades And that leads into the next part 3. Right now, attention is doing almost all the heavy lifting The volume is ridiculous and, more importantly, the community still doesn’t seem to be cooling down What I find interesting is that the narrative is now spreading far beyond the original Frank / Threadguy / Ansem debate @cobie has been posting funny plumber memes, and even @Raydium is starting to pay attention to the trend And it’s not just people making memes anymore Some pretty big KOLs like @traderpow and @ResellCalendar have actually bought into $PLUMBER as well I think there’s an important distinction here Cobie and Raydium interacting with the plumber meme doesn’t necessarily mean they’re endorsing $PLUMBER itself But when the meme is getting attention from recognizable CT accounts while other large KOLs are actually putting money into the token, you start getting both sides of the attention loop : social attention => KOL exposure => capital flows in => volume increases => token gets more visibility => more people discover the meme And the chart reflects that pretty well $PLUMBER is only around 19 hours old, yet it already ran from below $1M to above $5M MC before pulling back and still managing to hold in the multi-million range instead of completely roundtripping Add the recent Moonshot listing on top of that, and distribution is clearly expanding while the narrative is still hot So for now, the loop is still working : meme keeps spreading => CT keeps engaging => KOLs start buying => volume stays high => distribution expands => even more attention comes in This is probably the strongest part of the $PLUMBER thesis right now 4. But that strength is also its biggest weakness Because at the end of the day, $PLUMBER is still a pure memecoin There’s no real second thesis yet No buyback/burn mechanism No revenue flywheel No holder rewards Nothing that gives people an additional reason to stay once the plumber meme itself starts losing attention That’s probably the main reason I don’t have huge conviction yet If the team eventually cooks something like fee burns, holder airdrops/rewards, or some other mechanism that creates an additional flywheel around the token, I’d like the setup a lot more Their X account was also just created, so it’s still way too early to know what the team actually plans to do Maybe they’re cooking something Maybe they aren’t For now, I’d rather watch what they actually deliver than speculate too much 5. And there’s another risk I don’t want to ignore: the bundle The bundle is currently around 60% That’s definitely not a number I like For a token this dependent on momentum, the worst combination would be the narrative cooling down while supply starts hitting the market at the same time That can turn a strong chart into a completely different setup very quickly So despite how crazy the volume looks right now, I personally don’t want to chase after such a large move 6. So where would I actually gamble? The first area I’d start paying attention to is around $2M MC That feels much more reasonable to me after the move it has already made If we get a deeper flush, somewhere around $1.5M MC becomes even more interesting But if it loses $1M MC, I’d cut At that point, both the structure and momentum would have weakened enough that I wouldn’t want to keep betting purely on the narrative coming back 7. And if you’re trading this, don’t just stare at the chart This is probably the most important part $PLUMBER lives on attention As long as CT keeps debating plumbers, making memes about plumbers, and big accounts keep interacting with the narrative, there’s still fuel for the trade And if more KOLs start buying or talking about $PLUMBER while the meme keeps spreading, that attention loop can obviously continue for longer But the opposite is also true Once CT finds the next shiny thing and stops talking about plumbers, $PLUMBER could lose its biggest catalyst very quickly So if you’re trading this one, don’t just keep Dexscreener open Keep X open too For $PLUMBER right now, I’d argue the social chart matters just as much as the price chart Overall, I like the setup because the meme came first and the token managed to capture that attention at exactly the right time meme starts => CT turns it into a debate => token catches the narrative => KOLs/capital come in => community forms => distribution expands => volume follows But I’m also not going to pretend it’s anything more than what it currently is : an attention trade The attention is very strong right now, but I still want to see what the team actually cooks before I have stronger conviction GCa9TZMK9Q3VUSkhZgX76YAQBjqQd1dPxkBnZojFpump

stitchdegen's tweet photo. Quite a few people have been asking me about $PLUMBER because the volume on this thing is absolutely insane right now

I spent some time looking into it, and there are definitely a few things I like here, but also some pretty obvious risks

So let’s break it down

1. First, where did the whole “plumber” narrative come from?

It basically started with a post from @FrankDeGods :

“crypto oldheads were trading against plumbers”

Threadguy then pushed the discussion even further, basically arguing that some of the legendary traders from the 2017–2019 era were playing against much weaker competition , regular retail, newbies, or, as the meme puts it, “plumbers”

Obviously, the oldheads weren’t going to let that slide

Ansem jumped into the debate too, arguing that those days weren’t easy at all. There were rugs everywhere, scams, leverage wipes, and countless alts that eventually went close to zero

And somehow, what started as a random joke turned into an actual CT debate :

Oldheads vs Plumbers

That’s where things started getting interesting

2. Then someone did what CT always does: tokenize the attention

$PLUMBER didn’t create this meme.

The dev simply saw the “oldheads vs plumbers” debate heating up and deployed a token right in the middle of it

And honestly, the timing was pretty good

Instead of launching a random token and then desperately trying to build some lore around it, the dev jumped on a narrative that already had attention

So the sequence was basically :

Frank starts the joke => Threadguy pushes the debate => Ansem/oldheads respond => CT starts talking about plumbers => dev deploys $PLUMBER => community/KOLs pick it up => volume explodes

Then “let’s plumb” started getting spammed across GCs and CT, which naturally tied the token even closer to the meme

And now $PLUMBER has also been listed on Moonshot, giving it another distribution channel while the narrative is still hot

But this is also where I think people need to separate the meme from the token

The dev was good at catching the trend, but so far they haven’t proven that they can actually create another reason for people to hold $PLUMBER once the initial attention fades

And that leads into the next part

3. Right now, attention is doing almost all the heavy lifting

The volume is ridiculous and, more importantly, the community still doesn’t seem to be cooling down

What I find interesting is that the narrative is now spreading far beyond the original Frank / Threadguy / Ansem debate

@cobie has been posting funny plumber memes, and even @Raydium is starting to pay attention to the trend

And it’s not just people making memes anymore

Some pretty big KOLs like @traderpow and @ResellCalendar have actually bought into $PLUMBER as well

I think there’s an important distinction here

Cobie and Raydium interacting with the plumber meme doesn’t necessarily mean they’re endorsing $PLUMBER itself

But when the meme is getting attention from recognizable CT accounts while other large KOLs are actually putting money into the token, you start getting both sides of the attention loop :

social attention => KOL exposure => capital flows in => volume increases => token gets more visibility => more people discover the meme

And the chart reflects that pretty well

$PLUMBER is only around 19 hours old, yet it already ran from below $1M to above $5M MC before pulling back and still managing to hold in the multi-million range instead of completely roundtripping

Add the recent Moonshot listing on top of that, and distribution is clearly expanding while the narrative is still hot

So for now, the loop is still working :

meme keeps spreading => CT keeps engaging => KOLs start buying => volume stays high => distribution expands => even more attention comes in

This is probably the strongest part of the $PLUMBER thesis right now

4. But that strength is also its biggest weakness

Because at the end of the day, $PLUMBER is still a pure memecoin

There’s no real second thesis yet

No buyback/burn mechanism

No revenue flywheel

No holder rewards

Nothing that gives people an additional reason to stay once the plumber meme itself starts losing attention

That’s probably the main reason I don’t have huge conviction yet

If the team eventually cooks something like fee burns, holder airdrops/rewards, or some other mechanism that creates an additional flywheel around the token, I’d like the setup a lot more

Their X account was also just created, so it’s still way too early to know what the team actually plans to do

Maybe they’re cooking something

Maybe they aren’t

For now, I’d rather watch what they actually deliver than speculate too much

5. And there’s another risk I don’t want to ignore: the bundle

The bundle is currently around 60%

That’s definitely not a number I like

For a token this dependent on momentum, the worst combination would be the narrative cooling down while supply starts hitting the market at the same time

That can turn a strong chart into a completely different setup very quickly

So despite how crazy the volume looks right now, I personally don’t want to chase after such a large move

6. So where would I actually gamble?

The first area I’d start paying attention to is around $2M MC

That feels much more reasonable to me after the move it has already made

If we get a deeper flush, somewhere around $1.5M MC becomes even more interesting

But if it loses $1M MC, I’d cut

At that point, both the structure and momentum would have weakened enough that I wouldn’t want to keep betting purely on the narrative coming back

7. And if you’re trading this, don’t just stare at the chart

This is probably the most important part

$PLUMBER lives on attention

As long as CT keeps debating plumbers, making memes about plumbers, and big accounts keep interacting with the narrative, there’s still fuel for the trade

And if more KOLs start buying or talking about $PLUMBER while the meme keeps spreading, that attention loop can obviously continue for longer

But the opposite is also true

Once CT finds the next shiny thing and stops talking about plumbers, $PLUMBER could lose its biggest catalyst very quickly

So if you’re trading this one, don’t just keep Dexscreener open

Keep X open too

For $PLUMBER right now, I’d argue the social chart matters just as much as the price chart

Overall, I like the setup because the meme came first and the token managed to capture that attention at exactly the right time

meme starts => CT turns it into a debate => token catches the narrative => KOLs/capital come in => community forms => distribution expands => volume follows

But I’m also not going to pretend it’s anything more than what it currently is : an attention trade

The attention is very strong right now, but I still want to see what the team actually cooks before I have stronger conviction

GCa9TZMK9Q3VUSkhZgX76YAQBjqQd1dPxkBnZojFpump

14K

239

4 days ago

@stitchdegen nice thesis

153

5 days ago

@stitchdegen lfg broooooo

6 days ago

$STONKBROKER 0xe934e36A439C94017B64a3FecE66AF12099aBF50 100m coded

6 days ago

It looks like $STONKBROKER still isn’t showing any signs of slowing down But what stands out to me most isn’t the chart In a very short period of time, almost every part of the ecosystem has continued to make progress: Broker NFTs keep getting stronger, rewards are approaching $500K, the network continues to expand, and the team keeps shipping new products And especially the founder @OxSimpleFarmer , I have to give him credit, he’s been building like crazy There are quite a few updates worth looking at + First, Broker NFTs are still going pretty crazy In my previous post, the Broker NFT floor was only around 3.9 ETH Since then : > 3.9 ETH => 6.5 ETH > Then it broke above 9 ETH > And now the floor is sitting around 12.5–13 ETH > Unique owners have also grown to more than 600 wallets To me, this is still one of the strongest datapoints across the entire ecosystem If the demand were purely driven by speculation, I would’ve expected the floor to drop hard after the initial run But the opposite has happened While the token has continued to move higher, demand for Broker NFTs has grown alongside it. And that becomes even more interesting when you consider that Broker NFTs aren’t simply PFPs , they’re directly integrated into the StonkBrokers flywheel and receive rewards generated from ecosystem activity + Second, the flywheel isn’t just working , it’s continuing to scale This is still the part I care about the most In my previous update, more than $211K worth of tokenized stocks had been distributed to Broker NFTs Now, lifetime rewards distributed to Broker wallets have reached nearly $495K, putting them very close to the $500K milestone Put simply : Volume => Fees => Rewards => Broker NFT demand => Ecosystem growth What I wanted to see from the beginning wasn’t just a nice revenue number for a few days I wanted to see whether value would continue flowing back into the ecosystem as activity increased And so far, that’s exactly what’s happening Previously, my question was : “Can this flywheel actually work?” I think that question has largely been answered The more interesting question now is : “How far can this flywheel scale?” + Third, the network around StonkBrokers continues to grow One of the bigger recent updates is Adam Weitsman officially becoming a partner of StonkBrokers + Clutch Labs. There are also some notable relationships and integrations around the ecosystem : > UnVault - involved with infrastructure and reward distribution. > Rialto - an integration that brings stock tokens to the StonkBrokers Swap Desk I really like the direction the team is taking here Instead of simply trying to generate attention around the token, they’re adding partners, infrastructure, and pieces that can actually be used across the ecosystem These things might not immediately create a huge candle, but I think they matter a lot more over the long run + Fourth, the Launchpad is finally starting to get real projects Previously, the Launchpad was mostly something sitting on the roadmap Now, even though it isn’t fully open yet, we’re already starting to see the first projects appear > $CannaCat is expected to launch on Tuesday > $SLEUTH has been confirmed as a special project > $SLEUTH will have a 5% allocation for the StonkBrokers community > There will also be a direct LP pool with $STONKBROKER This is where the Launchpad starts becoming genuinely interesting to me Because simply launching a Launchpad isn’t enough It needs to bring in projects => generate volume => generate fees => send value back into the ecosystem If the team can consistently onboard new projects and generate real activity, the flywheel will have another engine to scale from + Fifth, I’m still really impressed by how hard the founder is building This is probably one of my favorite things about $STONKBROKER so far The founder has been building like crazy Almost every time I check back on the project, there’s some new product progress, integration, or update In a relatively short period of time, we’ve already seen : > Marketplace > AMM > Swap Desk > Broker Box > Launchpad > And next up, vDEX + Covered Call Options, currently scheduled for August 29 at 8PM EST What I like is that the founder spends far more time talking about what the team is building than constantly talking about the chart or token price Even as I’m writing this update, he’s teasing another “Big announcement” We don’t know exactly what it is yet, so I don’t want to speculate ahead of time But regardless of what the announcement turns out to be, the pace at which the founder and team have been building over the past few weeks is genuinely hard to ignore In crypto, getting attention isn’t that difficult Keeping that attention by continuously shipping is the hard part And so far, the team has been doing a pretty good job of that + Sixth, the market is repricing $STONKBROKER very quickly In my previous update, $STONKBROKER’s ATH was only around $50M MC Now it has already pushed past $80M MC But I don’t think the most interesting part is simply how much the token has gone up During the same period : > NFT floor => 12.5–13 ETH > Lifetime rewards => ~$495K > Partners/integrations => continuing to expand > Products => continuously being shipped > Launchpad => first projects starting to appear So it’s not just the price going up The underlying ecosystem metrics are moving with it And that’s what I find most interesting The market no longer seems to be purely speculating on the idea of StonkBrokers. It’s starting to price in how quickly the ecosystem itself is actually growing + Finally, the risks are still there Being more bullish than before doesn’t mean I think everything has been fully proven The Launchpad still needs to prove that it can generate sustainable volume vDEX and Options aren’t live yet The flywheel still depends heavily on ecosystem volume and activity And after such a strong run, market expectations for the team are obviously much higher than before The higher the valuation gets, the more the team needs to ship in order to justify it But at least for now, what I wanted to see is still happening : Ship => Activity => Revenue => Value flows back into the ecosystem => Keep building Previously, the biggest question was : “Can this flywheel actually work?” Now the question has become : “How far can this flywheel scale?” And with the pace at which the founder is building, alongside the ecosystem metrics continuing to grow, I think we’re starting to get an answer For now, I still don’t see any reason to change my thesis on $STONKBROKER 0xe934e36a439c94017b64a3fece66af12099abf50

stitchdegen's tweet photo. It looks like $STONKBROKER still isn’t showing any signs of slowing down

But what stands out to me most isn’t the chart

In a very short period of time, almost every part of the ecosystem has continued to make progress: Broker NFTs keep getting stronger, rewards are approaching $500K, the network continues to expand, and the team keeps shipping new products

And especially the founder @OxSimpleFarmer , I have to give him credit, he’s been building like crazy

There are quite a few updates worth looking at

+ First, Broker NFTs are still going pretty crazy

In my previous post, the Broker NFT floor was only around 3.9 ETH

Since then :

> 3.9 ETH => 6.5 ETH
> Then it broke above 9 ETH
> And now the floor is sitting around 12.5–13 ETH
> Unique owners have also grown to more than 600 wallets

To me, this is still one of the strongest datapoints across the entire ecosystem

If the demand were purely driven by speculation, I would’ve expected the floor to drop hard after the initial run

But the opposite has happened

While the token has continued to move higher, demand for Broker NFTs has grown alongside it. And that becomes even more interesting when you consider that Broker NFTs aren’t simply PFPs , they’re directly integrated into the StonkBrokers flywheel and receive rewards generated from ecosystem activity

+ Second, the flywheel isn’t just working , it’s continuing to scale

This is still the part I care about the most

In my previous update, more than $211K worth of tokenized stocks had been distributed to Broker NFTs

Now, lifetime rewards distributed to Broker wallets have reached nearly $495K, putting them very close to the $500K milestone

Put simply :

Volume => Fees => Rewards => Broker NFT demand => Ecosystem growth

What I wanted to see from the beginning wasn’t just a nice revenue number for a few days

I wanted to see whether value would continue flowing back into the ecosystem as activity increased

And so far, that’s exactly what’s happening

Previously, my question was :

“Can this flywheel actually work?”

I think that question has largely been answered

The more interesting question now is :

“How far can this flywheel scale?”

+ Third, the network around StonkBrokers continues to grow

One of the bigger recent updates is Adam Weitsman officially becoming a partner of StonkBrokers + Clutch Labs.

There are also some notable relationships and integrations around the ecosystem :

> UnVault - involved with infrastructure and reward distribution.
> Rialto - an integration that brings stock tokens to the StonkBrokers Swap Desk

I really like the direction the team is taking here

Instead of simply trying to generate attention around the token, they’re adding partners, infrastructure, and pieces that can actually be used across the ecosystem

These things might not immediately create a huge candle, but I think they matter a lot more over the long run

+ Fourth, the Launchpad is finally starting to get real projects

Previously, the Launchpad was mostly something sitting on the roadmap

Now, even though it isn’t fully open yet, we’re already starting to see the first projects appear

> $CannaCat is expected to launch on Tuesday
> $SLEUTH has been confirmed as a special project
> $SLEUTH will have a 5% allocation for the StonkBrokers community
> There will also be a direct LP pool with $STONKBROKER

This is where the Launchpad starts becoming genuinely interesting to me

Because simply launching a Launchpad isn’t enough

It needs to bring in projects => generate volume => generate fees => send value back into the ecosystem

If the team can consistently onboard new projects and generate real activity, the flywheel will have another engine to scale from

+ Fifth, I’m still really impressed by how hard the founder is building

This is probably one of my favorite things about $STONKBROKER so far

The founder has been building like crazy

Almost every time I check back on the project, there’s some new product progress, integration, or update

In a relatively short period of time, we’ve already seen :

> Marketplace
> AMM
> Swap Desk
> Broker Box
> Launchpad
> And next up, vDEX + Covered Call Options, currently scheduled for August 29 at 8PM EST

What I like is that the founder spends far more time talking about what the team is building than constantly talking about the chart or token price

Even as I’m writing this update, he’s teasing another “Big announcement”

We don’t know exactly what it is yet, so I don’t want to speculate ahead of time

But regardless of what the announcement turns out to be, the pace at which the founder and team have been building over the past few weeks is genuinely hard to ignore

In crypto, getting attention isn’t that difficult

Keeping that attention by continuously shipping is the hard part

And so far, the team has been doing a pretty good job of that

+ Sixth, the market is repricing $STONKBROKER very quickly

In my previous update, $STONKBROKER’s ATH was only around $50M MC

Now it has already pushed past $80M MC

But I don’t think the most interesting part is simply how much the token has gone up

During the same period :

> NFT floor => 12.5–13 ETH
> Lifetime rewards => ~$495K
> Partners/integrations => continuing to expand
> Products => continuously being shipped
> Launchpad => first projects starting to appear

So it’s not just the price going up

The underlying ecosystem metrics are moving with it

And that’s what I find most interesting

The market no longer seems to be purely speculating on the idea of StonkBrokers. It’s starting to price in how quickly the ecosystem itself is actually growing

+ Finally, the risks are still there

Being more bullish than before doesn’t mean I think everything has been fully proven

The Launchpad still needs to prove that it can generate sustainable volume

vDEX and Options aren’t live yet

The flywheel still depends heavily on ecosystem volume and activity

And after such a strong run, market expectations for the team are obviously much higher than before

The higher the valuation gets, the more the team needs to ship in order to justify it

But at least for now, what I wanted to see is still happening :

Ship => Activity => Revenue => Value flows back into the ecosystem => Keep building

Previously, the biggest question was :

“Can this flywheel actually work?”

Now the question has become :

“How far can this flywheel scale?”

And with the pace at which the founder is building, alongside the ecosystem metrics continuing to grow, I think we’re starting to get an answer

For now, I still don’t see any reason to change my thesis on $STONKBROKER

0xe934e36a439c94017b64a3fece66af12099abf50

110

6 days ago

@stitchdegen 100m coded

7 days ago

if u want buy $BOT u need read this 3zbV8nS9Wx2WxJ16uXYjTZZvoHbTnrvTQYyZE5xEEd5D

7 days ago

Quite a few people have been asking me about $BOT And honestly, I get why The volume has been pretty insane, and at one point there were over 1K people watching it on https://t.co/MDT1D8rHCr I spent some time digging into it, and the narrative is actually pretty simple A new X account, @bot, showed up with an official affiliation badge linked to SpaceX/SpaceXAI And that badge is basically where all the FOMO is coming from There’s been a lot of speculation that @bot could be related to an AI, AI agent, or some kind of product from @SpaceX Nobody really knows what it is yet But this is memecoins. Sometimes the market doesn’t even need to know The SpaceX name alone is enough to bring in volume This kind of narrative isn’t exactly new. We’ve seen similar setups before with tokens like $WORLD, and more recently $bstocks over on BSC The common pattern is that when information is still vague, speculation tends to be at its highest, and that’s usually when the craziest volume comes in But what makes $BOT more interesting is one level deeper : SpaceX => Elon Musk If @bot actually starts posting, or even better, gets followed or mentioned by @elonmusk, that could be the real catalyst for the market to reprice this narrative And I think that’s exactly what a lot of people are betting on right now Of course, for now, this is still pure speculation For this thesis to keep running, I want to see the chart hold its structure over the next 1–2 days. If attention fades before any new catalyst appears, the narrative could die just as quickly On the KOL side, I haven’t seen many Tier 1 names involved yet. Most of the attention seems to be coming from Tier 2 KOLs So I definitely wouldn’t chase the big green candles here The dip zone I’d be watching is around $350K–$450K MC My invalidation would be below $200K MC High risk, high speculation DYOR

stitchdegen's tweet photo. Quite a few people have been asking me about $BOT

And honestly, I get why

The volume has been pretty insane, and at one point there were over 1K people watching it on https://t.co/MDT1D8rHCr

I spent some time digging into it, and the narrative is actually pretty simple

A new X account, @bot, showed up with an official affiliation badge linked to SpaceX/SpaceXAI

And that badge is basically where all the FOMO is coming from

There’s been a lot of speculation that @bot could be related to an AI, AI agent, or some kind of product from @SpaceX

Nobody really knows what it is yet

But this is memecoins. Sometimes the market doesn’t even need to know

The SpaceX name alone is enough to bring in volume

This kind of narrative isn’t exactly new. We’ve seen similar setups before with tokens like $WORLD, and more recently $bstocks over on BSC

The common pattern is that when information is still vague, speculation tends to be at its highest, and that’s usually when the craziest volume comes in

But what makes $BOT more interesting is one level deeper :

SpaceX => Elon Musk

If @bot actually starts posting, or even better, gets followed or mentioned by @elonmusk, that could be the real catalyst for the market to reprice this narrative

And I think that’s exactly what a lot of people are betting on right now

Of course, for now, this is still pure speculation

For this thesis to keep running, I want to see the chart hold its structure over the next 1–2 days. If attention fades before any new catalyst appears, the narrative could die just as quickly

On the KOL side, I haven’t seen many Tier 1 names involved yet. Most of the attention seems to be coming from Tier 2 KOLs

So I definitely wouldn’t chase the big green candles here

The dip zone I’d be watching is around $350K–$450K MC

My invalidation would be below $200K MC

High risk, high speculation

DYOR

265

7 days ago

@stitchdegen 1M coded brooo

302

7 days ago

@stitchdegen fact

8 days ago

if u want buy $TOAD u need read this A13oRB9FFaiUjfi6LdCg6p9ka1u8SfGkUFs4SKvPpump

8 days ago

$TOAD is probably one of the most surprising launches I’ve seen on Solana today The token was deployed only around 3 hours ago, yet it already ran straight past $10M MC, briefly touching close to $12M At first, I thought this was just another frog/Pepe derivative catching the right meta But the deeper I looked into it, the more interesting the story became And more importantly, I don’t think lore alone explains this move A lot happened at the same time during those first 3 hours Let me break it down 1. First, what exactly is $TOAD? $TOAD is The Toad Pepe, a memecoin launched on https://t.co/MDT1D8rHCr The whole narrative revolves around El Sapo Pepe, a well-known children’s character from Argentina The interesting part? El Sapo Pepe dates all the way back to 1988 Pepe the Frog by Matt Furie came much later So naturally, CT started digging into it and asking : “Wait... is this actually the OG Pepe?” And that’s basically where the whole “Pepe before Pepe” narrative started Obviously, I’m not saying Matt Furie copied this character or that there’s any proven connection between the two But for a memecoin, the fact that this story even exists is enough to get people talking Everyone already knows $PEPE Now suddenly there’s this green toad from 1988 that’s also called Pepe Pretty easy story to make viral 2. The interesting part is that the dev didn’t just make this lore up This is probably what caught my attention the most El Sapo Pepe is actually real The character has been part of Argentine children’s culture since the late 1980s and later became extremely popular across Spanish-speaking communities The character itself is also incredibly memeable : A green toad No tail Jumping around the garden There’s even a famous children’s song about El Sapo Pepe, with later versions pulling massive numbers on YouTube So the team didn’t really need to invent any new lore. They just had to rediscover something that had already existed for decades and connect it back to Pepe And suddenly you have: 1988 : El Sapo Pepe => Pepe the Frog comes years later => $PEPE becomes one of the biggest memecoins ever => CT rediscovers the “Pepe before Pepe” => $TOAD Whether there’s any actual historical connection between the two is a different question But purely as a meme, I can see why people like it It’s simple, a little ridiculous, and incredibly easy to remember Sometimes that’s all a memecoin needs 3. But good lore alone doesn’t take you to $10M in 3 hours This is where things get more interesting There are thousands of memecoins with decent lore 99% of them still die From what I found, $TOAD wasn’t even the first coin to try using the El Sapo Pepe story Others had tried similar narratives before They went nowhere So why did this particular one go from basically zero to $10M? I think the answer starts with who showed up extremely early A thread about the history of El Sapo Pepe started getting attention The dev then used that narrative in the token description and launched $TOAD If the story ended there, I probably wouldn’t care that much But then people started digging on-chain And that’s where things got interesting 4. Then Mike Dudas showed up For me, this might be the biggest catalyst behind the entire move. Community members started tracing wallets and found that the dev had accumulated a significant amount of supply very early Part of that supply was then reportedly transferred to a wallet believed to belong to Mike Dudas. And it didn’t stop there According to the on-chain analysis being shared around CT, Dudas also bought more $TOAD himself when the token was still around $46K MC That’s when things started getting crazy Because Dudas isn’t some random wallet aping https://t.co/MDT1D8rHCr launches He’s an investor at 6th Man Ventures, which is also an investor in https://t.co/MDT1D8rHCr So naturally, people started asking : “Why is someone like this here this early?” And suddenly $TOAD went from being just another frog coin to having another narrative attached to it : smart money / connected money Anyone who has traded memes knows how powerful that can be There aren’t many things that create FOMO faster than seeing a recognizable wallet buy at $46K while you’re staring at the chart several million dollars later People immediately start wondering : “Does this guy know something we don’t?” And that’s when more money starts flowing in That said, I’d still treat the wallet connections as community/on-chain analysis rather than assuming every attribution is 100% confirmed 5. But $TOAD’s structure is also the part that makes me a little nervous Once you dig deeper, things aren’t completely clean According to the on-chain analysis currently being shared, the dev initially bought around 20% of the supply Roughly 18% was then reportedly transferred to the wallet believed to be connected to Dudas There are also several wallets that bought around launch and have been flagged by some researchers as possible bundlers This could be both part of the reason $TOAD moved so hard and one of its biggest risks If a large chunk of supply is sitting in early wallets that aren’t selling, the actual floating supply available to the market becomes much smaller Demand suddenly explodes? Price can reprice very quickly But the other side of that is obvious : If that inventory starts getting distributed, everything changes very quickly Another crazy part is the creator fees According to numbers being shared by the community, the dev has already made around 500 SOL in creator fees from the insane volume $TOAD generated If accurate, the dev doesn’t necessarily need to dump tokens to monetize the launch That sounds bullish on the surface But I wouldn’t look at it from only one side When a token generates this much volume within a few hours, I also want to know how much of that is genuinely new buyers and how much is activity coming from early wallets That’s something I’d rather keep watching than simply see a huge volume number and automatically become bullish 6. Then CT started doing what CT does best Chart goes up Wallets get exposed Mike Dudas starts getting mentioned Lore starts spreading And everyone jumps in The official $TOAD account was created quickly and started amplifying content around the token Jeremy posted about it Several Solana callers and alpha accounts started sharing it from lower caps and posting their PnLs On-chain accounts started digging even deeper into the dev, Dudas and possible bundlers At this point, every group was basically creating another reason for the next group to FOMO Meme people saw : “Original Pepe” Degens saw : “This thing is sending” Smart-money hunters saw : “Dudas bought early” Retail saw : “Wtf, this thing just went from $50K to millions?” Then they all ended up buying the same chart And volume exploded again 7. This is basically how I think $TOAD went from zero to $10M in 3 hours Put everything together and the flywheel becomes pretty simple $TOAD had good lore, appeared at the perfect time for the frog/Pepe meta, and then Mike Dudas showed up extremely early. On-chain guys noticed it, CT started talking about it, callers jumped in, volume increased, and naturally the price started moving even faster Then came the PnL screenshots and the FOMO And from that point, the cycle basically started feeding itself At some point, the original lore wasn’t even the biggest catalyst anymore. The fact that $TOAD was pumping became a catalyst itself A token going from $50K to $100K? Nobody really cares $50K to $1M? People start looking $1M to $5M in no time? Now CT starts asking : “What the fuck is $TOAD?” And when it reaches $10M roughly 3 hours after launch, everyone sitting on the sidelines starts feeling like they’re missing something That’s where the reflexivity really kicks in Price creates attention, attention brings more buyers, and those buyers push the price even higher And the cycle keeps repeating 8. So what do I think about $TOAD here? I completely understand why it ran The more I researched it, the more I thought this was actually a pretty interesting memecoin case study It has : Strong lore An incredibly easy story to spread Good timing Interesting early money The Mike Dudas narrative KOL distribution And most importantly, insane momentum during its first few hours But don’t forget one thing : It just went from basically zero to more than $10M in around 3 hours This is still a https://t.co/MDT1D8rHCr memecoin And the structure of those early wallets is something I’d be watching very closely Personally, I wouldn’t want to FOMO into a vertical candle just because everything looks bullish right now What I want to see next is how $TOAD behaves once the initial hype cools down If volume holds... Early wallets don’t start heavily distributing... The community keeps building the meme... And the “Pepe before Pepe” narrative starts spreading beyond just a bunch of degens on CT... Then things could get a lot more interesting For now? $10M in 3 hours is already insane I’m keeping an eye on this toad A13oRB9FFaiUjfi6LdCg6p9ka1u8SfGkUFs4SKvPpump

stitchdegen's tweet photo. $TOAD is probably one of the most surprising launches I’ve seen on Solana today

The token was deployed only around 3 hours ago, yet it already ran straight past $10M MC, briefly touching close to $12M

At first, I thought this was just another frog/Pepe derivative catching the right meta

But the deeper I looked into it, the more interesting the story became

And more importantly, I don’t think lore alone explains this move

A lot happened at the same time during those first 3 hours

Let me break it down

1. First, what exactly is $TOAD?

$TOAD is The Toad Pepe, a memecoin launched on https://t.co/MDT1D8rHCr

The whole narrative revolves around El Sapo Pepe, a well-known children’s character from Argentina

The interesting part?

El Sapo Pepe dates all the way back to 1988

Pepe the Frog by Matt Furie came much later

So naturally, CT started digging into it and asking :

“Wait... is this actually the OG Pepe?”

And that’s basically where the whole “Pepe before Pepe” narrative started

Obviously, I’m not saying Matt Furie copied this character or that there’s any proven connection between the two

But for a memecoin, the fact that this story even exists is enough to get people talking

Everyone already knows $PEPE

Now suddenly there’s this green toad from 1988 that’s also called Pepe

Pretty easy story to make viral

2. The interesting part is that the dev didn’t just make this lore up

This is probably what caught my attention the most

El Sapo Pepe is actually real

The character has been part of Argentine children’s culture since the late 1980s and later became extremely popular across Spanish-speaking communities

The character itself is also incredibly memeable :

A green toad

No tail

Jumping around the garden

There’s even a famous children’s song about El Sapo Pepe, with later versions pulling massive numbers on YouTube

So the team didn’t really need to invent any new lore.

They just had to rediscover something that had already existed for decades and connect it back to Pepe

And suddenly you have:

1988 : El Sapo Pepe

=> Pepe the Frog comes years later

=> $PEPE becomes one of the biggest memecoins ever

=> CT rediscovers the “Pepe before Pepe”

=> $TOAD

Whether there’s any actual historical connection between the two is a different question

But purely as a meme, I can see why people like it

It’s simple, a little ridiculous, and incredibly easy to remember

Sometimes that’s all a memecoin needs

3. But good lore alone doesn’t take you to $10M in 3 hours

This is where things get more interesting

There are thousands of memecoins with decent lore

99% of them still die

From what I found, $TOAD wasn’t even the first coin to try using the El Sapo Pepe story

Others had tried similar narratives before

They went nowhere

So why did this particular one go from basically zero to $10M?

I think the answer starts with who showed up extremely early

A thread about the history of El Sapo Pepe started getting attention

The dev then used that narrative in the token description and launched $TOAD

If the story ended there, I probably wouldn’t care that much

But then people started digging on-chain

And that’s where things got interesting

4. Then Mike Dudas showed up

For me, this might be the biggest catalyst behind the entire move.

Community members started tracing wallets and found that the dev had accumulated a significant amount of supply very early

Part of that supply was then reportedly transferred to a wallet believed to belong to Mike Dudas.

And it didn’t stop there

According to the on-chain analysis being shared around CT, Dudas also bought more $TOAD himself when the token was still around $46K MC

That’s when things started getting crazy

Because Dudas isn’t some random wallet aping https://t.co/MDT1D8rHCr launches

He’s an investor at 6th Man Ventures, which is also an investor in https://t.co/MDT1D8rHCr

So naturally, people started asking :

“Why is someone like this here this early?”

And suddenly $TOAD went from being just another frog coin to having another narrative attached to it :

smart money / connected money

Anyone who has traded memes knows how powerful that can be

There aren’t many things that create FOMO faster than seeing a recognizable wallet buy at $46K while you’re staring at the chart several million dollars later

People immediately start wondering :

“Does this guy know something we don’t?”

And that’s when more money starts flowing in

That said, I’d still treat the wallet connections as community/on-chain analysis rather than assuming every attribution is 100% confirmed

5. But $TOAD’s structure is also the part that makes me a little nervous

Once you dig deeper, things aren’t completely clean

According to the on-chain analysis currently being shared, the dev initially bought around 20% of the supply

Roughly 18% was then reportedly transferred to the wallet believed to be connected to Dudas

There are also several wallets that bought around launch and have been flagged by some researchers as possible bundlers

This could be both part of the reason $TOAD moved so hard and one of its biggest risks

If a large chunk of supply is sitting in early wallets that aren’t selling, the actual floating supply available to the market becomes much smaller

Demand suddenly explodes?

Price can reprice very quickly

But the other side of that is obvious :

If that inventory starts getting distributed, everything changes very quickly

Another crazy part is the creator fees

According to numbers being shared by the community, the dev has already made around 500 SOL in creator fees from the insane volume $TOAD generated

If accurate, the dev doesn’t necessarily need to dump tokens to monetize the launch

That sounds bullish on the surface

But I wouldn’t look at it from only one side

When a token generates this much volume within a few hours, I also want to know how much of that is genuinely new buyers and how much is activity coming from early wallets

That’s something I’d rather keep watching than simply see a huge volume number and automatically become bullish

6. Then CT started doing what CT does best

Chart goes up

Wallets get exposed

Mike Dudas starts getting mentioned

Lore starts spreading

And everyone jumps in

The official $TOAD account was created quickly and started amplifying content around the token

Jeremy posted about it

Several Solana callers and alpha accounts started sharing it from lower caps and posting their PnLs

On-chain accounts started digging even deeper into the dev, Dudas and possible bundlers

At this point, every group was basically creating another reason for the next group to FOMO

Meme people saw :

“Original Pepe”

Degens saw :

“This thing is sending”

Smart-money hunters saw :

“Dudas bought early”

Retail saw :

“Wtf, this thing just went from $50K to millions?”

Then they all ended up buying the same chart

And volume exploded again

7. This is basically how I think $TOAD went from zero to $10M in 3 hours

Put everything together and the flywheel becomes pretty simple

$TOAD had good lore, appeared at the perfect time for the frog/Pepe meta, and then Mike Dudas showed up extremely early. On-chain guys noticed it, CT started talking about it, callers jumped in, volume increased, and naturally the price started moving even faster

Then came the PnL screenshots and the FOMO

And from that point, the cycle basically started feeding itself

At some point, the original lore wasn’t even the biggest catalyst anymore. The fact that $TOAD was pumping became a catalyst itself

A token going from $50K to $100K? Nobody really cares

$50K to $1M? People start looking

$1M to $5M in no time? Now CT starts asking :

“What the fuck is $TOAD?”

And when it reaches $10M roughly 3 hours after launch, everyone sitting on the sidelines starts feeling like they’re missing something

That’s where the reflexivity really kicks in

Price creates attention, attention brings more buyers, and those buyers push the price even higher

And the cycle keeps repeating

8. So what do I think about $TOAD here?

I completely understand why it ran

The more I researched it, the more I thought this was actually a pretty interesting memecoin case study

It has :

Strong lore

An incredibly easy story to spread

Good timing

Interesting early money

The Mike Dudas narrative

KOL distribution

And most importantly, insane momentum during its first few hours

But don’t forget one thing :

It just went from basically zero to more than $10M in around 3 hours

This is still a https://t.co/MDT1D8rHCr memecoin

And the structure of those early wallets is something I’d be watching very closely

Personally, I wouldn’t want to FOMO into a vertical candle just because everything looks bullish right now

What I want to see next is how $TOAD behaves once the initial hype cools down

If volume holds...

Early wallets don’t start heavily distributing...

The community keeps building the meme...

And the “Pepe before Pepe” narrative starts spreading beyond just a bunch of degens on CT...

Then things could get a lot more interesting

For now?

$10M in 3 hours is already insane

I’m keeping an eye on this toad

A13oRB9FFaiUjfi6LdCg6p9ka1u8SfGkUFs4SKvPpump

33K

861

8 days ago

@stitchdegen 100m coded

11 days ago

@stitchdegen This might be one of the strongest narratives on BNB right now

11 days ago

Still think $FRONG has one of the cleanest narratives on Robinhood The biggest catalyst hasn’t even happened yet Worth keeping on your watchlist 0x6245e67affA44a23077f0Ea7f981a8DC743a0c47