Epselipso

Crypto.

[Epselipso @epselipso]

1/8 Fundamental analysis of solana:XLBLxbY1Mr7aadnqAbmqSBXLEyUdjvUXtXCnz8Mpump: is it legitimate?

I decompiled the on-chain program and checked the website's claims against the code.

Website: https://t.co/AoOVsCCiep Token: XLBLxbY1Mr7aadnqAbmqSBXLEyUdjvUXtXCnz8Mpump

[Epselipso @epselipso]

Blame a dog.

[Epselipso @epselipso]

A rich guy once told me that there were only three ways to get rich: 1. Drugs. 2. Weapons. 3. Financial markets. He tried to explain me that the third is the one with the least amount of risk. This all happened before crypto. Fuck that guy.

[Epselipso @epselipso]

GF just told me what she dreamt about. It's a very boring story. There was a dog involved or something like that. I think she should have bigger dreams. I can't explain how her dreams are dumb and she needs to empty here bank account to go into crypto. Wel.. The Bjs are worth it.

[Epselipso @epselipso]

2/2 - game = game

[Epselipso @epselipso]

4/4 Not every project that builds something is good. Most are not. Check the code, the keys and the risks.

But if you only buy what pumps in the first 10 minutes, you are paying fees to a slot machine. I'm holding SOCKET, hero or zero. NFA, DYOR.

[Epselipso @epselipso]

1/4 OG check: I was here before the frogs, the Santas and the dogs with hats. I know it all, and I know I'm going to win.

My play: SOCKET, a Solana exchange with real code behind it. https://t.co/AoOVsCCQ3X CA: XLBLxbY1Mr7aadnqAbmqSBXLEyUdjvUXtXCnz8Mpump

[Epselipso @epselipso]

3/4 Then the same people see a project with working code, docs and real tools and say "boring, fading it."

A frog with no product is a gem. A smart contract with a product is "too serious." The market rewards vibes until the vibes run out.

[Epselipso @epselipso]

2/4 The memecoin market in one sentence: buy a Santa coin and a frog, don't get rich by lunch, sell both at a loss, then complain nothing good exists.

Ape in, check the chart every 30 seconds, down 15%, "dev is a scammer," sell. It pumps 3x tomorrow. "I knew it." You did not.

[Epselipso @epselipso]

8/8 Final verdict:

I put in 2k and I'm riding this hero or zero. A 100x was promised to me this week and it's already Friday.

Code is real, no scam pattern found. No audit, one upgrade key. Early and risky.

Hero or zero. NFA, DYOR.

[Epselipso @epselipso]

1/8 Fundamental analysis of solana:XLBLxbY1Mr7aadnqAbmqSBXLEyUdjvUXtXCnz8Mpump: is it legitimate?

I decompiled the on-chain program and checked the website's claims against the code.

Website: https://t.co/AoOVsCCiep Token: XLBLxbY1Mr7aadnqAbmqSBXLEyUdjvUXtXCnz8Mpump

[Epselipso @epselipso]

7/8 Token utility: per the docs, SOCKET only votes on which hooks the app routes through. Swap fees go to liquidity providers, not holders.

The governance and listing programs were not found on-chain. Holder distribution was not checked. Utility is unproven today.

[Epselipso @epselipso]

6/8 Is it a rug pull? Building an exchange program, hooks program, API and docs is far more work than a typical rug.

If it succeeds, the upside is large: 1% of Uniswap's market cap is a double-digit multiple of $300k.

This is a logical argument, not proof of intent.

[Epselipso @epselipso]

5/8 Main risks:

one wallet can upgrade both programs
no audit
no verified build
no public source found
program only hours old when checked
"No admin keys" is accurate for today's code, but the upgrade key can change it. Uniswap has code, audits and years of volume.

[Epselipso @epselipso]

4/8 The pitch: routers integrate once and new ideas ship as hooks. Technically true, every swap uses the same 10 accounts.

But liquidity still sits in separate pools, I found no router integrated yet, and the site notes that hooks still need to be audited.

[Epselipso @epselipso]

3/8 Both programs are live. 7 pools: 5 use the dynamic-fee hook, 1 uses TWAP, 1 has no hook. None use range orders yet.

The code largely matches the website: no hidden admin or withdrawal address, pool-owned vaults, hooks cannot touch funds, 10% fee cap enforced.

[Epselipso @epselipso]

2/8 What it is: Uniswap v4's hooks model on Solana. Each pool can attach one hook program. Three ship built in: dynamic fee, TWAP oracle, range orders.

Program: 24Qa8yMGZMuz3fqGAFPK36cu47d94o9iKv8GAKfbo54Q Hooks: 5bJTvHgXjdF5Rn8bKJA8JBJWTd2q2zKmkYQJFWW1Pyhy

[Epselipso @epselipso]

@Rigoono1 @thesocketdotapp Sure this happens on the daily but what you fail to understand is that I was promised a x100 this week and it's friday already, therefore this has to be legit.

[Epselipso @epselipso]

@Rigoono1 @thesocketdotapp Community feedback whilst developing perhaps, they already interacted with a community member suggesting a buyback % set in the mechanics and by the looks of it they will set the protocol to do so.

[Epselipso @epselipso]

@0xGroovy @IOHK_Charles Not the ca's here below, those launched after his x post

[Epselipso @epselipso]

@evxnche @IOHK_Charles Not the coin, it launched after his x post