fr0gger

life is meme

[fr0gger @psyfrogger]

PASS THE BATON

[fr0gger @psyfrogger]

@attachiieth @blknoiz06 Pass It

[fr0gger @psyfrogger]

@DeFiBreezi @baton_meme Gbaton βRΣΣZI

[fr0gger @psyfrogger]

GM Believers. Baton looks strong.

[Hugo @hdegroott]

Gm motherfuckers.

[fr0gger @psyfrogger]

@hdegroott GM Hugo mfer

[fr0gger @psyfrogger]

@18decimals Baton coded

[deci @18decimals]

this might be the easiest IQ test i’ve seen in crypto and somehow most ppl are still failing it

imagine spending all day trading crypto but never bothering to understand the foundational mechanics of what you’re actually trading

we’ve already seen this play out with ETH and SOL.. when those assets went on massive runs, they didn’t just lift themselves. they provided a dollar valuation tailwind to entire ecosystems of tokens priced against them

ethereum had SHIB, PEPE and an entire generation of ETH-denominated markets. solana had BONK, WIF, BOME and hundreds of other memes emerging as its ecosystem exploded

now ask yourself why we’re still treating SOL as the default denominator for memecoins when there’s potentially a much more interesting opportunity sitting right in front of us.. $PUMP

SOL captures value from an entire blockchain economy.. defi, staking, payments, applications and infrastructure. memecoins are only one piece of that much larger pie

PUMP is a much more concentrated bet on the memecoin economy itself. pumpfun has generated a substantial share of tracked solana application revenue, yet PUMP is a fraction of SOL’s valuation

and here’s where the mechanics get interesting..

every new PUMP pair needs PUMP liquidity. more adoption can commit more available supply to LPs instead of leaving it freely available to sell. trading generates protocol revenue, and Pump’s buyback program allocates 50% of defined net platform revenue toward buying and burning PUMP

you have more supply committed to liquidity while buybacks permanently remove supply altogether

now imagine 100 communities building around the same quote asset.. every community wants its own coin to win, but activity across all those markets contributes to the same underlying economy

more successful pairs can attract more traders and liquidity, more activity can generate more protocol revenue, more revenue feeds buybacks and more PUMP gets permanently removed from circulation

and here’s the biggest part.. every coin priced against PUMP gets a dollar valuation tailwind when PUMP appreciates. if PUMP does a 10x and BATON maintains its relative price, its implied market cap does a 10x too without another BATON buyer

eligible holders can also earn PUMP from trading volume, accumulating the same asset whose appreciation can lift the dollar value of their own bags

why would you want another PUMP pair to fail when its success can contribute to the same economic engine that benefits your own bags?

the higher these PUMP pairs climb, the bigger the potential wave of winners becomes.. more successful communities attract more adoption, more adoption creates more activity and the entire network has an incentive to see the underlying asset succeed

we keep trying to manufacture PvE through bundles and coordinated buying when the bigger opportunity is aligning the actual economics

you can compete to build the strongest meme while collectively expanding the same economy

one tide lifting all boats

- Baton Corp

[fr0gger @psyfrogger]

@blknoiz06 Baton in da bags

[fr0gger @psyfrogger]

@healthysmilee @blknoiz06 Pass it

[fr0gger @psyfrogger]

@hdegroott @blknoiz06 Baton too

[fr0gger @psyfrogger]

@basilda_a the people’s pump

[fr0gger @psyfrogger]

@hdegroott Yes

[fr0gger @psyfrogger]

@attachiieth @blknoiz06 normal, but billi better

[fr0gger @psyfrogger]

@18decimals agree

[fr0gger @psyfrogger]

@gem_insider breakout

[fr0gger @psyfrogger]

@basilda_a good words

[Anna (social trading arc) @basilda_a]

with the spread of social trading, crypto has become increasingly obsessed with KOLs and their moves.

people are constantly looking for a KOL savior to tell them what to buy, when to buy and what to avoid.

there’s an important distinction people are missing: KOLs can actually destroy a memecoin, even when they have good intentions.

if a KOL with a massive audience starts aggressively shilling a coin too early, before its distribution has gone through the necessary cycles of shakeouts and organic accumulation, they can attract exactly the wrong type of holders.

suddenly you have thousands of people looking for an exit rather than people willing to build something.

but the opposite is also true.

when a KOL endorses a meme that already has a strong, organic community, they can become an incredibly powerful catalyst for growth.

they bring attention, distribution and new people into an ecosystem that already has something worth joining.

study Murad and $SPX6900 & $GIGA.

KOLs should amplify conviction, not replace it.

and if your entire investment thesis is that some influencer might tweet about your coin tomorrow, you don’t have a community thesis. you have a gambling strategy.

[fr0gger @psyfrogger]

@whalewatchalert Pass it

[fr0gger @psyfrogger]

@basilda_a Good thoughts. Pass the baton.

[Anna (social trading arc) @basilda_a]

i’ve been thinking about what actually makes a memecoin capable of reaching a much higher floor and sustaining it.

look at the biggest winners. there’s a common pattern: they didn’t simply replicate an existing meme. they introduced a new cultural primitive.

$DOGE was a contrarian cultural movement against the seriousness, speculation and grandiose promises of the crypto industry. it practically created the memecoin category.

$WIF helped establish solana’s own meme culture. a cute dog wearing a hat became a multi-billion-dollar cultural phenomenon. countless animal coins followed, but none managed to recreate what made wif special.

$PEPE brought one of the most recognizable OG internet memes into crypto. its roots in 4chan culture gave it an identity that wasn’t manufactured for a token launch.

$SPX6900 is a movement coin against the establishment. basically the GME moment of crypto, challenging traditional financial benchmarks and giving people something bigger to rally around than a ticker.

the lesson?

if you want a memecoin to have a chance at building higher floors, it needs a genuinely unique cultural identity. copying the culture of a previous winner isn’t enough.

now look at the emerging primitives:

solana:Ce2gx9KGXJ6C9Mp5b5x1sn9Mg87JwEbrQby4Zqo3pump represents a generation increasingly disconnected from traditional employment, economic opportunity and the conventional 9-5 model. it’s a cultural identity with a potentially massive audience.

$BATON represents something different: a new primitive built around custom pairs and the $PUMP ecosystem.

PUMP = MEMECOINS.

BATON is THE PEOPLE’S PUMP. the idea is to build a community-owned cultural layer around the ecosystem itself, rather than just another token competing for attention within it.

the next generation of major memecoins won’t necessarily come from another cute animal or another recycled narrative.

it will come from new cultures, new identities and new reasons for people to belong.

stop looking for the next version of the previous winner.

look for the next entirely new primitive.