conSOLa 👿{Legion}😈

PFP is @DarkWheelNFT I'm Just another NFT collector and artist mainly on Solana and Tezos

[conSOLa 👿{Legion}😈 @newestnft]

@NewAgeCardKings Why are people still using PSA grading service instead of TAG? PSA is Objective grading, you'll still get different grades sometimes if you resubmit cards! The fact they are basically the same price for grading as CGC Comics is 🐴 💩

[conSOLa 👿{Legion}😈 @newestnft]

@MacabreLegion 100% I would watch this!

[conSOLa 👿{Legion}😈 @newestnft]

@TheFracture_ Yeah!

[conSOLa 👿{Legion}😈 @newestnft]

@CoinbaseAssets @coinbase @CoinbaseExch BONK

[conSOLa 👿{Legion}😈 @newestnft]

I haven't posted in a while, because I haven't seen anything worth posting. But this is. It's a solo RPG created by by one of the greatest game creators, Alex at Blackoath Entertainment. If you want the best solo RPGs go look at his work. And jump on this!
https://t.co/tYpuu4CWzn

[conSOLa 👿{Legion}😈 @newestnft]

@Dedmonkez I love these, even if I dont win, keep up the awesome work and keep doing awesome art!

[conSOLa 👿{Legion}😈 @newestnft]

@Dedmonkez Thanks for the heads up @BaneRendflesh this is awesome! Also @Dedmonkez nice art I love it! The custom you did for Bane is awesome!

[Slorg @SlorgoftheSlugs]

Today our team discovered that someone had launched a fake Incinerator token on Birdeye.

As we started to dive into the wallet responsible, things became much more interesting.

16 hours ago he sent himself SOL from Binance, which was the first transaction of the chain of events.

He then proceeded to take his first stab at it by launching a coin called 'PUZZ'.

His method is very simple.

1. Add liquidity
2. Wait for people to buy
3. A combination of dumping and pulling the liquidity.

From his first attempt, his net profit was 1 SOL.

For the first and only time, he re-used the same wallet again for his next attempt - called 'RUN'.

This time he was less successful and made only 0.4 SOL of profit.

But with each attempt he changes his strategy in slight ways.

Now he starts sending everything to a brand new wallet, and instead of seeding with SOL he seeds with USDC.

His 3rd attempt called 'BABY DINO' nets him 40 dollars before he pulls all the liquidity.

Within the next hour, he is already on his 4th for the day — a coin called 'DEGEN BOT' where he makes the largest profit so far. A net of 1.55 SOL.

Over and over he does this a total of 22 times in the span of 16 hours.

In fact while writing this, he made 2 more attempts.

Each time around he doesn't make a large profit, but its enough to keep him going.

So what is the point of this? Is it to call out a guy who made about 1300 dollars across 20 attempts at spinning up coins?

Not really.

What this is about though is just how determined and methodical people become when liquidity returns.

This one person, likely without much advertising or clout, single handedly launched 22 coins in a day.

And I bet if I checked tomorrow, this number would be up to 50.

And he's likely not alone in this. 1,300 dollars for a days work is a tremendous sum in even first world countries.

This provides a strong drive for people to emulate this behavior, at least until it is no longer profitable.

It reminds me of last year when I stumbled upon a similar chain of project launches on LMNFT — one after another.

And it is in this way, in a death-by-1000-cuts sort of style, that hundreds of millions if not billions of dollars of liquidity are bled out of the ecosystem.

There's no easy solution that I see. The allure of making quick gains is what drives people to enable these things.

And I'm not guilt free in this, in the past I've thrown a couple SOL around at bad projects.

But hopefully, making people aware of the magnitude at which this is taking place can provide an additional factor in our decision making process going forward.

[conSOLa 👿{Legion}😈 @newestnft]

@MacabreLegion That's hot as fuck

[BitFreaks @BitFreaksNFT]

1) + 30 @PapuSuperstars in the treasury.

Why? Let's roll it out... 🧵

[𝕸𝖆𝖈𝖆𝖇𝖗𝖊 𝕷𝖊𝖌𝖎𝖔𝖓 @MacabreLegion]

Our #NFT project boasts a treasure trove of art that transcends boundaries and awakens your senses. Get ready to lose yourself in a world of stunning visuals and boundless creativity. Elevate your collection with the finest in digital artistry made by the amazing @fluboss

[Kaczor @FitzhenryKaczor]

Just got this dropped into my wallet.
Tell me Solana doesn't have incredible artists.
Thanks @fluboss 💜👑

[𝕸𝖆𝖈𝖆𝖇𝖗𝖊 𝕷𝖊𝖌𝖎𝖔𝖓 @MacabreLegion]

Introducing the most mesmerizing #NFT project to captivate your senses and redefine the art of ownership. Witness the future with us as we embark on a journey of unparalleled imagination come join @MacabreLegion

[conSOLa 👿{Legion}😈 @newestnft]

A couple promotional photos of the upcoming new @farscape show staring the absolutely amazing #KeanuReeves I can't wait till this comes out! @farscapenow #Farscape #farscapeforever

[conSOLa 👿{Legion}😈 @newestnft]

@CompoundI3 The LoFi Legion (the 8 bit demons) are mine and the other set is unnamed at the moment but it's done by the amazing @fluboss who is the @DescendantsArt artist. Both mints will be released by @MacabreLegion who is focusing on small 666 mints from select artists.

[ᴮᴬᴺᴱ @BaneRendflesh]

Wild stream. Got kidnapped instantly. Got my get back. Then found out the gang I’m in is probably dissolving.

Prolly going to ride solo for a bit.

Caught a ride with a dude who asked if I wanted to rob a bank with his truck… but it wasn’t his truck.. was an off duty cops and dude gave that cops ID when we got pulled over lmao. Chase ensued.

Met some new friends.

8/10 stream.

[conSOLa 👿{Legion}😈 @newestnft]

Check out Nightmare-Chan soft vinyl toy on @BackerKit cause it's fucking awesome! https://t.co/MXwTE6v3kN

[𝕸𝖆𝖈𝖆𝖇𝖗𝖊 𝕷𝖊𝖌𝖎𝖔𝖓 @MacabreLegion]

GM

[conSOLa 👿{Legion}😈 @newestnft]

Proud to be the 4th backer 😎 on @BackerKit Crowdfunding for Nightmare-Chan soft vinyl toy! https://t.co/JRLCcOwzn5

[Diane Lindo @DianeeLindo]

"it was scary" (sound on)