Kombucho

Ex-exit liquidity turned auditor.
Building Karma. Receipts over vibes.

[Kombucho @KombuchoBuild]

Trenches are bad today, might as well explain a bit what I'm building:

Social trading on Pumpfun is the future, but, right now anyone can call a coin, dump on you and call the next one tomorrow, and nobody keeps score.
Those guys make more money dumping on you than with their callout rewards so no tweaking can change the situation

On-chain transactions never lie, so I built the scoreboard. It's called karma. Free, no paid usage, no wallet sign-in 🧵

[Kombucho @KombuchoBuild]

@Polymarket That tends to happen if you use your political position and get criminally charged for money laundering and betting schemes

[Kombucho @KombuchoBuild]

@dtrain22k @grok should’t a company deposit the T&C when doing a money prize competition to some lawyer? Can they change the T&C after a public competition has started?

[Kombucho @KombuchoBuild]

@DavidCl85328229 @The__Solstice Imagine not even having a single actual discussion point to bring forth except "retard"

[Kombucho @KombuchoBuild]

@sdcrypto10 @The__Solstice (Not spending a minute discussing with you)
you can read how I grade traders here: https://t.co/Eh2JhbrVoq
or just don't

[Kombucho @KombuchoBuild]

I mean, you would be right if I did not consider side wallets....Every call is scored on what a follower would have made buying at the call (or ape price for Fomo), read from the coin's own price history. If a side wallet dumps on the followers, the price drops, that call scores as a loss, and the caller's letter falls.
A side-wallet dump can't hide from that.....

[Kombucho @KombuchoBuild]

@The__Solstice I don't have the fairest grading system but you man ranked top tier
never sold into your followers in 27 coins you called
8 of you calls actually did a 2x for your followers
You get rugged too, btw....

[Kombucho @KombuchoBuild]

@provamper Imagine buying a coin from an account called "Provamper" and thinking it's a good idea....

[Kombucho @KombuchoBuild]

Keep your bags safe 🙏
Dev's first buy: 18.3% of supply, with the dev and creation-block buyers together at 25.1%.
Creation block: 2 other wallets bought, ending it with 6.8%. One of them bought 4.7%. The other bought 2.1% and was out within 8 seconds.
Repeat buyers: both of those wallets show up in other launches' creation blocks too, one in 37 launches and one in 59.

[Kombucho @KombuchoBuild]

$ARROW (CA: 5QLhJag4UGsLod7H2Ci9HmgtMprgvG574Bv93v1NhDvq)

its page calls it the official mascot of $LAUNCH and says its fee lock was written once by https://t.co/s35sTHsYpf. the create transaction is on Raydium LaunchLab.

mint and freeze authority are gone. but block 0 isn't empty: 1 wallet besides the dev bought 3.2% in the creation block and was out within 40 seconds, and 1 more took 3.1% in the next two blocks. $LAUNCH's creation block held 47.3%.

karma reads CAREFUL

[Kombucho @KombuchoBuild]

Don't really make sense of this latest hour push?
For about 11 hours this sat between $5k and $20k market cap. then in about a minute it went from $9k to $111k.

Wallets bought 15 SOL each at the bottom, then 23 to 47 SOL each at $111k. That filled the curve and listed it on PumpSwap about 14 min ago.

It wasn't one wallet. 265 buyers put in 1,184 SOL, and the 5 biggest made up 23% of the buying. 4 holders are also in the same dev's sibling launches, and one of them is a scalper

Don't know what the team's doing with this one, not gonna buy this distribution

[Kombucho @KombuchoBuild]

Props for being able to catch the whole ecosystem's attention in a bleedin' market
$LAB and other coins you've got have some potential too...
If I may, as a (way smaller) fellow dev
The goals are good (no dev bag, no vamps, fees burned), but today, they're held by one wallet's discipline: ticker uniqueness lives in your database, and the 1/1/1 split and burns go through a wallet signing by hand......
A small program could make them verifiable and trustworthy
A couple of notes:
Fee crank: make the fee authority a PDA and add a permissionless claim_and_burn. It claims, swaps through Jupiter by CPI and burns. Nobody holds a key, and every step is on-chain. It only counts if the upgrade authority is burned or timelocked and the build is reproducible with solana-verify.

Ticker registry: a PDA seeded by the normalized symbol, checked at launch. If it exists, the new launch fails. A transfer hook can't do this, because a ticker is decided at mint time and hooks only run on transfers.

Block 0: enforce it in the curve program by storing the launch slot and capping buys for the first N slots. Wallet caps can be split across wallets, so the honest claim would be "rules enforced in code", not "bundling impossible".
Your own token hadve 47% of supply grabbed at block-0.....

"One coin with all the liquidity" can't honestly be enforced on-chain, since anyone can mint any name. A canonical registry of the official mint per symbol (pumpfun style) can become a curation signal that frontends can honor. It moves the trust from a wallet to published code, which is everything's Pump is actually missing

Really hope you keep on your mission 🙏
I won't trade your coins until I can verify your programs independently though

[Kombucho @KombuchoBuild]

It runs on standard Raydium programs, so nothing in code enforces a burn: the deployer wallet signs every burn by hand.
The 10.1M burned in block 0 is the dev's own creation buy, about 1% of supply.....
Guys didn't even bother actually building custom programs on top of Token-2022 or what Stonk have already done
Not saying it's a larp but they should be building non-stop to launch updates and actually capture the clout

[Kombucho @KombuchoBuild]

@solana_daily @Pumpfun @_LaunchX @raypaddotfun Supporting any competition to Pump, it's fair market.
Still...you actually need to come up with a product
Running on standard Raydium or Meteora programs won't get you far

[Kombucho @KombuchoBuild]

@redisop @superfastnomad @neildevvv GMGN API, you can pay for a key or play around with the free tier :)

[Kombucho @KombuchoBuild]

@superfastnomad @neildevvv my app, my man

[Kombucho @KombuchoBuild]

$LAUNCH (CA: AhBidGAgv6QbKSWfrSCegGrzFLcBx4E5FNYTKHNQQj6C)$

Everyone's talking about this one this weekend, so I read what the chain says, not what the project says.

It runs on standard Raydium and Meteora programs. There's no custom Launch program, so nothing in code enforces a burn or a buyback. The deployer wallet signs every fee claim, swap and burn by hand.

The burns are real: 11.76M LAUNCH. 86% of that is the dev's own creation buy, burned 2 minutes after launch. The other 1.66M, burned this morning, came from claimed fees, not from buying LAUNCH with SOL. I can't confirm the "40 SOL" figure. At today's price those 1.66M tokens are worth about 47 SOL.

"Zero block 0": 2 wallets besides the dev ended the creation block holding 47.3%. One took 30.4% and was out in 1 second. The other took 16.9% and now holds 0.

The same deployer wallet created 297 SOL-paired coins, each with a buy in its creation transaction. Each one was sold within 0 to 17 seconds, with a median of 3 seconds.

I still can't see who holds the liquidity tokens, so I can't tell if liquidity can be pulled.

karma reads DANGER

[Kombucho @KombuchoBuild]

solana:Bkj6LQCrJreHdtaXku9grBMSHTof9qPLrchedZWfpump (CA: Bkj6LQCrJreHdtaXku9grBMSHTof9qPLrchedZWfpump)

four wallets bought 56.7% of the supply in the same block the dev created it, and all four had sold out 5 seconds later.

the dev's own first buy was just 0.4%
two of the creation-block buyers paid a Jito tip
one of them has bought the creation block of 31 other launches

karma reads DANGER

[Kombucho @KombuchoBuild]

Let’s gooooo 🚀
Follow those guys, top quality alpha 👌

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US stock market futures rise at the open after President Trump announces that he will not be attacking Iran today:

1. S&P 500: +0.5%
2. Nasdaq 100: +0.7%
3. Dow Jones: +0.4%
4. WTI Crude: -1.5%
5. Brent: -1.0%
6. Natural Gas: -2.5%

The S&P 500 is 3% away from a new record high.

[Kombucho @KombuchoBuild]

Whoever trades memecoins can’t ignore the impact that futures on Monday have on the whole market

Degens don’t live in an island, most coins are traded against Sol, you buy worthless tokens in a pool where people exchange Solana (or USDC or whateaver) for that token
The token value depends on the value of what it’s traded against

That’s why your bags turn red in a red market, even if nobody sells

Solana value depends on BTC (we can’t ignore that)
BTC going up or sideways it’s always good for memes

Futures opening on Monday without an Iran strike is good for the market, oil futures influence the whole market nowadays

Strong indicators for a green week

(But it can always all go sideways)

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump announces that the US will not strike Iran today.

The announcement comes just 48 hours after President Trump said the US “may have to do another operation against Iran.”

US stock market futures open in less than 5 hours.