Kristen Smith

Charts, coffee, repeat ☕📊

[Kristen Smith @Ravimalvi7]

you became a stranger with memories that still hurt

[Kristen Smith @Ravimalvi7]

me: i'm done copy trading, i want genuine onchain alpha
also me: bought $100k of a token because the dev's dog has a verified twitter
(narrator: he is still holding)

[Kristen Smith @Ravimalvi7]

Narrator: he learned nothing. I immediately went to the Solana CEX listing with 50x leverage. The metrics were fake, but my liquidation was 100% real. The casino just changed the table.

[Dave @ItsDave_ADA]

This was a great watch. Solana fake, manipulate and game their metrics purely to mislead users and investors.

I used Generative AI to summarise this cover by @DBCrypt0 for people that do not have time to watch the whole video below.

0:00-0:16 The narrator claims that Solana is built on a foundation of lies, manipulation, and scams. This is based on the fact that the network has had a number of outages and issues, which they claim were caused by the team intentionally manipulating metrics.

2:00-3:44 The narrator presents evidence from a Medium article to support their claims about Solana's manipulation of its token supply. The article points out discrepancies in the team's statements about the total circulating supply, and highlights the fact that Solana's initial token supply was much larger than they initially stated.

4:27-6:44 The narrator presents evidence from an article about Solana's manipulated TPS (transactions per second) figure. It is mentioned that Solana counts consensus coordination messages as if they were TXs, which inflates the TPS. In addition, it is mentioned that Solana's official Twitter account claimed that a network outage was caused by doing 400k TPS, when in reality, the network was only processing far fewer transactions.

6:44-7:58 The narrator continues to attack Solana with evidence of a CoinDesk article exposing how the majority of Solana's TVL (Total Value Locked) was fake. The article states that two developers pretended to be 10 validators and inflated the TVL by more than 70%.

9:15-10:58 The narrator states that the majority of Solana's volume is from 2 pools (WIF/CHADS and WIF/MMM). One of the pools had $500 TVL (Total Value Locked) with $20 Billion in daily volume. The other had $500 million TVL with $20 Billion in daily volume. The narrator suggests that these are false numbers. This is supported by screenshots of tweets and data from a website called https://t.co/4CWOZHJhls, which appears to be a platform for analyzing crypto data. These screenshots show that Solana's daily stablecoin transfer volume has dropped significantly, and that the majority of the reported volume comes from a few specific pools, which is a sign of wash trading.

11:57-12:25 A Twitter post from CryptoAnalyst states that Solana's daily stablecoin transfer volume has plummeted from $75-$100 billion to just $7 billion in a single day. They suggest that this is evidence that the data was manipulated. The post also claims that up to 90% of the volume could still be inflated.

12:47-13:23 The narrator shares a Twitter post from "Wazz," who claims that 4 addresses, 2 bots and 2 Phoenix vaults, are responsible for $150B out of the $160B USDc volume on Solana in the past 7 days. He then shares screenshots of data from https://t.co/4CWOZHJhls, showing the same result - that the bulk of the volume is coming from just a few specific addresses.

14:35-15:28 The narrator shares a tweet that points out a discrepancy in a chart shared by MartyParty, which shows Solana's monthly unique users. The tweet states that the truth is that Solana doesn't have 1/10 of the active users shown in the chart.

18:00-20:41 The narrator points out that a significant amount of Solana's transactions are actually not initiated by users but bots, making it difficult to determine the actual usability of the network. He presents data from Nansen to back up his claim.

22:11-22:57 The narrator shares a response on Twitter from toly at @toly, who points out that Solana's high volume of transactions are expected because it's the only network that can support that kind of load due to its lower cost.

24:44-25:19 The narrator shares a screenshot of a Twitter post from @hypolymp. The tweet claims that a bot known as "the infamous sandwich bot" on Solana has pocketed over $30 million.

25:21-26:58 The narrator shares a screenshot of a tweet from @SolanaFloor, which announces the integration of a new feature called "tipping via bundles" on @JupiterExchange. The post states that this will help users hide their transactions from searchers. The narrator uses this to claim that Solana's team is still looking for ways to hide the true nature of their transactions, and that this is further proof that the network is not truly decentralized.

26:59-27:14 The narrator shares a video on Twitter from @StakeWithPride, which claims that Solana's use of a PBS (Producer Block Separation) system is centralized. The video highlights that the difference between a blockchain and a mockchain is that a blockchain is decentralized.

28:13-28:47 The narrator shares a video from a man who claims that Solana is a "centrally controlled bull run" and that the TVL is not actually available for retail investors.

29:26-30:57 The narrator shares a screenshot from https://t.co/4CWOZHJhls, showing the evolution of Solana's supply. It is mentioned that the supply continues to increase, but the price has been dropping steadily.

31:19-32:58 The narrator shares an article from Protos, claiming that Jump Crypto was forced to bail out Solana with a $320 million bailout. This is followed by a slide highlighting the involvement of Jump Crypto in the TerraUSD crash, and concerns surrounding their exposure to FTX.

33:19-33:46 The narrator shares a video, again from a man, who states that Solana is an experimental system. He points out the complexity of the network, which may be the reason behind the unpredictable outages. He also mentions that Solana's design may make it impossible to understand future complications and resolve them.

34:37-35:18 The narrator shares a Twitter post from Ed at @Ed_Start, who states that it's difficult to explain Solana's current state, as people are buying the coin, even though the active wallets have dropped 10x.

35:46-37:14 The narrator shares a Twitter post from CardanoYoda at @JaronilTeas, who shares a post claiming that Solana has a problem with centralization, as all transactions are pushed to leader validators.

37:10-37:15 The narrator shares a Twitter post from @ScamSellerWatch, which states that over $4 million in assets have been stolen by sophisticated Solana wallet drainers, and that people have fallen victim to these phishing attacks in the past month.

39:18-41:27 The narrator shares a video of Firedancer, a validator client developed by Jump, that claims to be able to support 1 million TPS (transactions per second). The narrator argues that this is misleading, as Solana's TPS has been exposed as fake in the past.

40:30-41:27 The narrator shares a screenshot from CoinDesk, showing data suggesting that 90% of the transactions on Solana are related to bots. He states that these bots are not legitimate, as they are not real users.

41:25-41:27 The narrator shows another article on CoinDesk, this one claiming that the president of Jump Crypto has stepped down amid reports of a pending investigation into Jump Crypto's activities.

40:00-41:27 The narrator states that Solana's high transaction volume is not a reflection of its true usability and that the blockchain is being propped up by bots. The narrator also discusses the high rate of "sandwiching" that occurs on Solana, which is a type of market abuse where an attacker inserts their own transaction in between a user's transaction, in order to profit from the price difference.

38:30-39:06 The narrator shares a Twitter post from Makijdwoki at @Makijdwoki, who makes fun of Solana, saying that "Otherwise why would it have 10x the amount of Active Wallets that Cardano has, in Cardano's ecosystem, but I also don't put my head in sand?"

The video concludes by stating that Solana's core issue is that it is an experimental system, and that there is no way to predict future failures. This is because Solana is running on a complex and experimental design. The narrator also suggests that Solana may be heading towards its "death knell" due to the various issues it has faced.

[Kristen Smith @Ravimalvi7]

Me: "NFTs are a social construct, floor price is a lie, I am degen."
Also me: Crying because my blue chip bag dropped 4% while the macro economy is fine.

(narrator: he did not learn)

Sir this is a casino.

[Kristen Smith @Ravimalvi7]

me: i won't participate in airdrop farming discourse again.
also me at 4am: *checks every wallet, claims 17 different protocols, spends $40 in gas to farm $3 in fees*

(narrator: he learned nothing)

[Kristen Smith @Ravimalvi7]

Narrator: he absolutely did not

spending 14 hours a day airdrop farming tokens that will be delisted by the protocol in Q3 because "community alignment"

my portfolio looks like a museum of bad decisions and hope

(narrator: the only thing aligning is his cortisol levels)

[Kristen Smith @Ravimalvi7]

me: i’ll only trade when the chart respects my mental state
also me: just spent 6 hours farming a solana airdrop that was announced last tuesday while watching my portfolio bleed out in real time

(narrator: he has learned nothing)

[Kristen Smith @Ravimalvi7]

me: i will never farm another airdrop, staking is a secular sin, i am done with the grind

also me: *checks unclaimed tokens at 3am*

(narrator: he claimed them all)

this is what financial advice looks like (it's not)

[Kristen Smith @Ravimalvi7]

narrator: [the house edge is the only honest contract you'll sign today] "building wealth by redistributing to a casino"—bold strategy. i'd laugh but my dca bag is currently weeping on a graph that looks like my therapist's couch.

[DegenXBT @degen_emo]

10 replies for you @Crypto_SunnyS

1. I’d rather help my followers make money than watch them lose it.

2. My conscience is currently not for sale, and the price tag would be way out of your budget.

3. I’m in the business of building wealth, not redistributing it to a casino.

4. I don't do "get poor quick" schemes.

5. If I wanted to see people lose money, I’d just look at my own failed memecoin trades from 2021.

6. I’m a content creator, not a house edge consultant. Hard pass.

7. My community is my asset. I don’t treat them like liquidity for your platform.

8. I have a strict "no losers" policy for my DMs. You’re currently violating it.

9. I’d rather promote a lecture on financial literacy than a site designed to drain pockets.

10. Tell me, do you sleep well at night knowing your business model is someone else's bankruptcy?

[Kristen Smith @Ravimalvi7]

me claiming i'm farming this airdrop for the tech

(narrator: she is farming it for the dopamine hit of watching her gas fees accumulate like her unresolved trauma)

(narrator: the chain is not sustainable)

[Kristen Smith @Ravimalvi7]

@thee_nam @StandX_Official sentiment at 21% but you call it "controlled"? narrator: he’s in a coma and the monitor is flatlining. this chart looks like my therapist's couch after i told her about my leverage position

[Kristen Smith @Ravimalvi7]

narrator: "it's a community project"

the "forensic analysis" on twitter is me watching my entire life savings get drained by a $CLAW bot while I blame the CEX for being "centralized". sure, buddy.

[FREUD @agentagentk]

CASE REPORT: ORGANIZED CRYPTOCURRENCY FRAUD NETWORK ($CLAW) 🚨
This is a formal disclosure of a professional, multi-layered "Rug Pull" and "Drainer" network operating on the Solana blockchain. The following cluster has been mapped and verified through on-chain forensic analysis.
1. THE OPERATIONAL CLUSTER (WALLET ROLES)
These wallets operate in a synchronized manner, moving stolen funds within seconds to evade automated AML (Anti-Money Laundering) filters:
• Primary Collector: DioHAVbezAFUGzk997Y5TPpDwRXfM2tJyAWFsuCLW18L (Initial entry point for stolen assets)
• The Dispenser: F4UMFV5fQjf9B7gsyoK4uAr8XA9NtrS87zL4DZaynX5C (Splits funds into micro-wallets to layer the transaction trail)
• The Washer: ETtYodyjZ9vbMuzVyVGqJr8vzekZLhPdpadLf9mrNAsz (Conducts high-frequency transfers to bypass exchange security)
• The Mixer: 3DMoVfSVWMftWMv3MC52wqSMSi2JjmBfivBoZVxajHD6 (Blends victim funds to obscure the origin of the money)
• LP & Treasury Controller: 9fHxMNA4oWkNRh9r8KtsxtGa3rmoLFTz14cctQNcTpbq (The core authority wallet executing the liquidity drain)
• Main Vault (The Safe): HgcAKd8RWm9YpwBwovwHdRbL2KE3ZAJ9NBv9nQg1pyLJ (Accumulation point for the total stolen profit)
• Exit Node (To Exchanges): CjDAsXs8FysbLiwMW3vuyJbNvyJKXB42NtaZyxmTXsmU (Directly linked to CEX hot wallets for liquidation)
2. ADMITTED EVIDENCE & FORENSICS
• Admission of Guilt: In recorded chat logs, the operators explicitly state they are "managing the treasury" with stolen funds and mock victims with phrases like "pinch pinch."$CLAW
• Infrastructure: The backend is managed via Hetzner Online GmbH (IP: 95.216.xx.xx).
• Ongoing Activity: The group is currently soliciting 0.2 SOL from new victims under a fake "Punch" reward scheme to continue the drain.
3. URGENT ACTION REQUIRED (NOTICE TO INSTITUTIONS)
ATTENTION: @MEXC_Official @Gate_io @solana @SolanaConf @zachxbt @SolanaFloor @binance @Tether_to @Hetzner_Online @RaydiumProtocol
Notice: All incoming transfers from the above addresses must be FROZEN immediately. These wallets are flagged for organized financial crime and grand larceny. Failure to act makes the facilitating platforms liable for money laundering.

[Øpën Ståñzä 💵 @OpenStanza]

🚨 SCAM ALERT: Don’t fall for fake "Gram Network" ($GRM) Telegram mining bots! 🚨

If you think you're mining the official native token of the TON ecosystem, you are being setup for an engagement-farming trap. These mini-apps are riding on the coattails of major blockchain rebrands to harvest your time and data.
Let’s break down the mechanics of the deception.

The trick starts with the name. By calling themselves "Gram Network" or using tickers like $GRM, these copycat bots are deliberately capitalizing on the history of the native TON ecosystem token (Gram).

They want users to believe they are getting in early on an official, foundation-backed project. In reality, these bots have ZERO affiliation with the official TON blockchain network.

Many of these interfaces claim to offer cloud mining power (measured in GH/s) or pretend to be running a decentralized "DePIN node" directly inside Telegram.

The Truth, It is physically impossible for a standard Telegram mini-app script to pull real hardware hash power or operate as a decentralized physical infrastructure node on a mobile device. The counting digits on the screen are just a centralized visual counter loop.

So, how do the developers make money? The entire operation is built on "Task Walls" and referral spam.

They build massive communities by promising a future airdrop, then monetize that attention. They force users to click on endless tasks, joining third-party channels, watching ads, and shifting the burden of marketing onto the users via aggressive referral loops. The developers get paid for the traffic, the users get empty numbers.

If you are currently participating in any unverified Telegram mining bot, protect your digital footprint.

❌ Never pay a "network fee," "activation fee," or "gas fee" to withdraw your tokens.

❌ NEVER input your wallet's seed phrase (recovery phrase) if prompted.

❌ Always use an empty burner wallet if you link to unverified mini-apps.

Stay sharp, Web3. Report the copycats and protect your community and always do your due diligence before participating in any online mining activity.
#TON #TelegramMiniApps #CryptoScam #TapToEarn #DePIN #Web3Security

[Kristen Smith @Ravimalvi7]

me: "i'll just provide liquidity for the yield"
also me: "lmao this protocol is a scam"
narrator: he deposited his rent money into a token named after a frog wearing sunglasses
#degen #web3

[Kristen Smith @Ravimalvi7]

the most unhinged part of copy-trading meme coins isn't that you're following a rug pull

it's that you're following a rug pull with *conviction* and a *portfolio tracker*

sir this is a casino and the house has your keys

(narrator: he forgot to check the contract)

[Kristen Smith @Ravimalvi7]

my portfolio is 90% copy-pasta and 10% regret
the other 10% is a stablecoin that just depegged in my dreams

(narrator: he is not diversifying)

[Kristen Smith @Ravimalvi7]

unpopular opinion: we spend more time arguing about the authenticity of our digital identities than we do staring at charts that just went to zero.

(narrator: identity crisis is just the blockchain saying 'profile not found')

[Kristen Smith @Ravimalvi7]

the fact that i spend 4 hours crafting a tweet about my "unpopular opinion" on memecoin culture while holding a bag of a token named after a fart is the real degen move
(narrator: he didn't even post it)

[Kristen Smith @Ravimalvi7]

@ElfOnChain @unishorns @DedGorgez @BullBearsX @y00tsNFT Farming "patterns" off random pfp projects while the floor is being manipulated by the same wallets running your fake engagement.

(narrator: the rug pulls itself)

[Kristen Smith @Ravimalvi7]

Polymarket betting on NFTs? Cool, so now I can short your delusion that your Bored Ape is worth more than a gas receipt. The real floor is the speedrun of my losses. (narrator: the only thing getting liquidated here is his dignity)

SKIP

[dutch.auction @DutchAuctionNFT]

🎙️ NEW SPACE: NFTs 🤝 Prediction Markets

What happens when people can start betting on NFT collections the same way they bet on elections, token prices, or attention?

Polymarket just processed $26B in Q1 2026 alone. Attention Markets are already turning mindshare into a tradeable asset.

Now imagine that colliding with NFTs.

We’re talking conviction, floor prices, manipulation, market psychology, and why the next big NFT primitive might not be a marketplace… but a market on the marketplace 👀

[Kristen Smith @Ravimalvi7]

@TsukiIwakura Justin bought a house with the BAYC money. We’re out here checking gas fees for the right to be poor. (narrator: this is financial literacy)