BK168EVO | $BUBBLE

Simplicity… counting down to retirement… enjoy my life and keep smiling ☺️
Co-Owner - Rekt Brands Inc.

[BK168EVO | $BUBBLE @tanbk168]

@osf_rekt Amazing

[OSF @osf_rekt]

a lot of people asking how.

i'm going to write step-by-step breakdowns of every system mentioned in this thread.

will start with how we built the company brain. stay tuned.

[OSF @osf_rekt]

i feel like my biggest wins in crypto are a direct result of grinding it out thru brutal bear markets even when it felt like the odds were stacked against me

but those periods allowed me to position myself, and with patience those gains turned out to be life changing

i think that playbook can literally be repeated over and over and over again

this time round is different for me because my perspective isn't from trading or investing, but it's from building $REKT.

but i think the same concept will apply...lots of people will give up, leave, disappear, but those who stick around will see something special when the good times return.

these things don't happen overnight, they take weeks and months of perseverance, conviction and quite simply hard work.

$REKT

[BK168EVO | $BUBBLE @tanbk168]

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[BK168EVO | $BUBBLE @tanbk168]

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[BK168EVO | $BUBBLE @tanbk168]

@osf_rekt GM $REKT RWD!

[OSF @osf_rekt]

gm $REKT guys

[BK168EVO | $BUBBLE @tanbk168]

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[BK168EVO | $BUBBLE @tanbk168]

@osf_rekt Loaded another 20B on $REKT! RWD!

[OSF @osf_rekt]

$REKT UPDATE:

1. Looks like Morpho supply was levered up again last night and was again liquidated overnight causing a wick lower, Morpho holdings back down to 0.27% => meaningful leverage wipeout (0xBBBBBbbBBb9cC5e90e3b3Af64bdAF62C37EEFFCbis the Morpho wallet to track).

2. Over the past few months I've had many calls with a wide range of people/funds pitching $REKT - many were interested but felt they had "missed the trade". I'm doing the rounds again starting today as I believe it's a unique opportunity to look at something that has pulled back for a technical reason (leverage liquidations) but with a lot going for it - my DMs are open.

3. I'm going to spend today putting together a concise 1-pager and/or X post which will be circulated both publicly and through our channels to whales/funds etc - get the pitch out there broadly.

4. I will be doing a video livestream today on X at 8PM GMT/3PM ET to talk through what happened and answer any questions people have.

5. At the risk of sounding perpetually optimistic - it sucks to see liquidations but what it has created is a lot of attention and I'm going to be looking to capitalise on that as much as we can while we're in the lime light.

Will keep putting out updates where relevant.

CHEERS

[OSF @osf_rekt]

Here's my best attempt to explain what happened on $REKT today in simple terms (tldr - @IMFCrypto didn't "liquidate" anyone, it's just a decentralised platform that matches borrowers and lenders).

IMF is build on top of @MorphoLabs, where anyone can lend money directly. In simple terms, IMF created the ability for people to borrow USDS against their $REKT (and other memecoin) holdings.

IMF also had an "accelerate" function, which allowed you to deposit $REKT as collateral, borrow USDS against it, and then use that to buy more $REKT (essentially a form of leverage).

As with all levered positions, there are levels at which you can get liquidated on and once those levels started hitting today it triggered a liquidity cascade all the way down to approximately a 70% price decline.

You could see the $REKT collateral that was held in this Morpho contract: 0xBBBBBbbBBb9cC5e90e3b3Af64bdAF62C37EEFFCb, which at the beinning of the day owned almost 5% of the token supply. It is now down to 0.25% which means the leverage has almost entirely been wiped.

Both IMF and Morpho are decentralised - none of these guys "caused" any liquidations or acted in bad faith. Unfortunately as a result of price action a liquidity cascade was triggered.

Obviously feels like a kick in the face for me as I have been working so hard on $REKT through this bad price action, but if you are familiar with our story you will know that bouncing back from the dead is a challenge I relish - we have delivered A LOT this year and we still have A LOT more to come.

I'm sure there'll be a bit of gravedancing, and I welcome it, it excites me - the way I see it is we got clean positioning now and this day will be part of the lore - anyone who knows me will know I'm gonna be at this even harder to prove a point.

Cheers

[Rekt Drinks @rektdrinks]

Rekt by @ManorsGolf

Coming Soon

[Rekt Drinks @rektdrinks]

Today, Rekt continues its retail expansion by launching in 200 @GiantEagle stores across Ohio, Pennsylvania, Maryland and Indiana.

Giant Eagle has a 25% market share in the mid-west.

The rollout starts today, and will be completed by year-end.

Welcome to the $REKT family.

[Rekt Coin @RektCoin]

How to buy $REKT:

Contract addresses:

Mainnet: 0xdd3b11ef34cd511a2da159034a05fcb94d806686
Base: 0xB3e3c89B8D9c88B1fe96856E382959eE6291ebbA
BSC: 0x20482b0b4d9d8f60d3AB432b92F4c4B901a0D10C
Solana: vQoYWru2pbUdcVkUrRH74ktQDJgVjRcDvsoDbUzM5n9
Abstract: 0xd63b0e99303d51713f947195bf37188a943255a1

DEX:

OpenSea: https://t.co/IaNuk7hel5
Uniswap: https://t.co/YVyRLdgJFG
Pancake Swap: https://t.co/dS0P5pGSNK
Hyperliquid: https://t.co/IuvJgiI5j4

CEX:

Kraken: https://t.co/FjKWD3jjeO
KuCoin: https://t.co/H4eCZqe9QO
Binance US: https://t.co/TsAIBQLzt6
Coinone: https://t.co/098IvkPx0n
Gate: https://t.co/F0BtrwIjVq
MEXC: https://t.co/K5s3LX4uxd
BloFin: https://t.co/6kGigzgrhc

Website: https://t.co/s0KatvT9zp
Litepaper: https://t.co/iWvbfuCjry

Chart: https://t.co/TM4B7FDnlA
Coingecko: https://t.co/0IS0qQ1HvE
CMC: https://t.co/Crd7i8HsnH

NFTs: https://t.co/bCvtMqIc5m

[Rekt Drinks @rektdrinks]

Introducing the inaugural Rekt Invitational, powered by @yeet and @manorsgolf.

A new series of premier golf tournaments running alongside the biggest crypto events.

We tee off on December 1st in Miami.

Join the waitlist to play: https://t.co/mIuuT5YfwD