A relay wrapper called fomo is making over 600k revenue in a day. App is vibe coded and all trades go through a 3rd party app called relay. The app pretty much created nothing new just increased trading fees and got KOLs into the seed rounds. This is what extraction looks like all the grifters are now getting paid to shill fomo.
A masterclass on how easy it is for KOLs to make money by just mass promoting vaporware and onboarding idiotic gamblers to use it.
Arthur calling for $5k ETH by EoY, betting lines
o/u until he sells: 16.5 days
profits on trade: +125
reason for selling:
some macro nonsense -600
other +420
place your bets
This young man has found out the hard way what 99.9% of traders in crypto deal with each and every day.
The minute you’re PUBLIC with large leveraged positions,
You’re on borrowed time with a MASSIVE RED TARGET on your back.
They slimed this lil nigga out and made him capitulate before LIQUIDATION.
He couldn’t handle being HUNTED.
For the world of traditional finance, this is almost unheard of.
For us in crypto,
It’s just a daily occurrence fighting against internal exchange trading desks with perp positions.
And much worse if you’re public on Hyperliquid.
I know niggaz who Alameda Research slimed out in May 2021 and they STILL haven’t mentally recovered.
I know niggaz who CZ slimed out on 10/10 and they’re no longer in crypto. Left the game entirely.
Ain’t shit sweet around here.
~ Dr. Axius.