Zen Project 2025 Year in Review 🧵
No marketing. No roadmap fantasy.
Just trades, yields, burns, lessons, and what it actually looks like to survive another year on-chain.
(We also just dropped another $5k in SOL to Zen stakooors.)
‘member Dec 2024 when the trenches were in AI easy mode?
let’s see if @swarms_corp and @KyeGomezB can bring it back with $equity
9WWuWZWMmE2Lc8rHZgNQSdv1xWvtoXr3amRDu7GBswrm
$met pamp gud
get ready for all the revenge attacks on KOLs who bragged they dumped it
then get ready for their reply “I bought the bottom of course”
$zec winnooors all over again
@zen_ooor OOF! Its been a painful few days for everyone in crypto. Just a remindoor that $ZEN stakoors benefit from LP fees earned on #meteora when staked Zen treasury holdings go up... AND when they down. Every cloud etc..
still staring hard at $coin on @BagsApp trying to make sense of it all
fees are set to null so it’s not like anyone is benefiting long term from that initial ~500 SOL lock
(except for the bags team which claimed ~6 SOL from it yesterday, see tx)
so what’s the deal then 8FnaFtPfPtz4UkmAS2Cjuz7Chu5amncoepxbyMXhBAGS? You gonna change your metadata and reveal your true self?
https://t.co/87YMgaUEXS
Hopium theooory update on 8FnaFtPfPtz4UkmAS2Cjuz7Chu5amncoepxbyMXhBAGS
$95k of liquidity for a $60k $coin.
Instant migration, all locked - why throw away funds on a nonsense launch?
Because the creatooor can make sense of it all with just a few lil tweaks 🤔
joked in Zen TG that we should dump on the typo in the first $adlows tweet
never fading grammar dumps again
meanwhile our volume bot gave us another 9.7M $Zen to burn - may they rest in peace in Valhalla
(looking for the next adlows now)
https://t.co/uFzWUQitLI
With 15 hours left on the countdown at https://t.co/XSNzZiFHJr, here is a summary of what's past and thoughts for when the timer hits 0.
EbWx89dZ7cMceY6CAyeK13au7FD4eGata6KV2AyvBLV launched 27 days thru @believeapp. It migrated quick due to a follow on the @adlows X account from @pmarca (since unfollowed).
After migration it dropped to $20k-$30k MC (as most larpy-looking coins do), which is where we found it and took a smol 1 SOL nibble (as we tend to do).
The Adlows twitter had been wiped clean and the pmarca follow was gone, but some digging into its history revealed it was a tech & science themed account and the website/blog was related to Roman Empire geekery. The site at this point linked to a16z's podcast page - still pretty larpy.
Not much action over the next 2 days beyond a change of the Adlows twitter location from "The Frozen Planet" to "Disclaimer" - which was the Believe site giving the basic "token is not for investment purposes" bullshit that we've all ignored and aped into anyhow.
Meanwhile $adlows price action was surprising during this time, as it slowly crept up from sub $100k MC to $500k and then a sudden spike to $1.5M (before dropping back down to the $200k-$300k range).
Our treasooory still held ~7M $adlows at this point because we don't flip, we provide LP on @MeteoraAG like good boys do.
Then 2 days after the $1.5M spike, @mcuban inexplicably followed Adlows twitter and all hell broke loose. Incredible volume (15M+) over the next few hours saw the token rise and touch $15M MC before settling down for a bit in the $5-7M range.
Three key things happened during this crazy volume spike: 1) Cuban unfollowed Adlows, 2) Adlows dex got hijacked by some rando looking for follows (and still is 😂), and 3) the mysterious top holdooor funded fresh from Binance (~11% of supply atm) started buying.
For the sudden Cuban follow: just a fat fingooor? A connection with the Adlows dev team? A hacked X account? Who knows. A 40% bundlooor made it smell of a hack (to us at least).
For the rando hijackooor: someone saw a chance to harvest some engagement and they took it. Adlows team hasn't regained the dex either because they don't even know about it (not trenchooors) or because they like what it does to price action pre-launch.
For the mysterious 11% insidooor: they bought at nearly every price range above $1M MC and until the recent bump, they've been underwater the entire time. We've already covered this, but NO ONE in Solami history would clip $400k into a random shitter without inside information.
But OK, the Cuban Follow Crisis was over and thanks to the dex hijack, $adlows returned to Earth. Some bundles exited and left the token in the $1M floor range where it flopped around for 3 days - no news beside a RT of some a16z speedrun event.
Then another 15M volume spike to $15M. Unreal.
This coincided with a change to the adlows site which was a simple email harvestooor confirmed by the green button to "believe". (we gave an email)
This 2nd spike came and went more quietly than the first. When there is no social forum to discuss shit like this, degens forget quickly. Plus not likely any normal trencher was buying this volume spike (fool me twice kinda thing).
Quiet again now except that insidooor continuing to accumulate at all prices.
Then the countdown to tomorrow. As we mentioned in a previous post, countdowns are ultra bearish for the trenches. We've seen too many rugs when the clock hits 0. Too many reveals of the wheat combine harvestooors announcing we've been properly farmed.
But here's why we've been smoking hopium for this one and also preparing our bags accordingly:
1) The countdown aligns perfectly with Launchcoin's migration to $Believe. It would make sense if they knew Adlows was going to be huge for the Believe ecosystem to delay the reveal until after the migration event ended.
2) That 11% holdooor hasn't sold a single $adlows. Freshly-funded from Binance without any other on-chain history - this is either the biggest dupe or the most benevolent insider with plenty of bags to spare (didn't buy 11% at $20k MC).
3) Capital with Cognition: The tagline for the current adlows site and some speculation on the site inspection led to some rumors the project is connected with @arampell - we are dubious on this last point, but the tagline at least implies something to do with AI & VC integrations - and we Zenooorians love AI tokens (ahhh December 2024 was a magical time)
4) The token is 27 days old and has seen $20k and $15M - profit takooors have taken their profit (or at least they should have, dammit) and bundlooors have bundled and unbundled. There's no one left to "rug" the token at this point beside a 2.31% holder with a $100k MC entry.
If tomorrow the countdown reveals some combine harvesters and the quant kid flipping us the bird - it'll be a race to door for sure - but seriously...haven't we all secured our profit by now? 😇