this is the thesis i've been sharing for weeks
@blknoiz06's point is that influential people and their audiences will decide how memecoins grow. doge had one influencer. hamster flips it, everyone holding is the influencer
the token can only be bought through social trading apps. it's the rule written into the contract and it can't be changed. just real people buying through an app they can share
so think about what happens when it runs. this is a gen z meme on a gen z app. the holders aren't ct degens hiding behind anon accounts, they're kids with tiktoks and instagrams who post everything. the first major leg up, thousands of people screenshoting their bags and post the hamster with a number next to it
every one of those posts is a free ad to an audience that already knows the meme and already has the app. you don't need a kol to onboard them. the bags onboard them
that's the distribution he's describing, except it doesn't come from one individual. it's owned by the holders and it compounds every time the chart gets a leg up
the identity is already there. most memecoins are copies, a new pepe, a new doge, a new dog with a hat. the hamster is the first meme of its generation that gen z uses daily. that's its own culture, and the delusional bulls forming around it are proof
you cannot replicate a cult
so when i read "social token thesis" i read hamster. distribution it owns, identity it owns, and a holder base that becomes the marketing the moment the token starts to run
it will be obvious in hindsight
$HAMSTER
Personally, I think the Hooked token is irrelevant and the farther we diverge from their token the better overall it is for $HAMSTER to stand alone.
Hooked was the launchpad where Hamster was made, but it isn't like pumpfun where they are tied to that launchpad because of pumpswap, creator fees, and etc.
Hamster is its own token with rules placed in and at its core would be exactly the same if it was deployed on any other launchpad that integrated hooks.
We saw Cashcat run to 100s of millions while its launchpad literally rugged and vanished, and the reason is because launchpads are just TOOLS. They don't MAKE or REPRESENT the token for what it is.
There is no PvP, there are no launchpad ties, there is just the most viral meme of today that is used in every social media comment section there is.
Either we are wrong, or just really early, but I like to think we are usually just too early, especially when the fatigue in this market is at an all time high.
Time to return to the slow cooks because they are the best cooks.
See you in Hamhalla anon 🫡
everyone knows the hamster
the stupid white one with the pink nose pulling faces in every tiktok comment section, you've seen it a thousand times, probably used it. it's just there everywhere you look.
thats $PEPE in 2022, everyone knew the frog, nobody had tokenised it properly, then someone did and it ran like crazy, people couldn't believe it
$HAMSTER is that token and its sub $1m
the meme is already massive, the token is 10 days old at a market cap where aping feels stupid
history doesn't repeat itself but it often rhymes
every cycle a new cohort of KOLs comes out of CT. this cycle's cohort hasn't been decided yet, not many are standing out from the crowd because no one has made a difference onchain YET
people assume the seats are taken, the opposite is true. the timeline is engagement farming and people looking for EL. not many are putting in the effort to get behind one project and ride it to glory, which is why we haven't seen a shift
same with the coins, a market where everything pumps once and dies isn't a good market
rotating from launch to launch every 72 hours doesn't build anything. people get burnt, get bored, and eventually stop
and when they stop, the money doesn't leave. it ends up in the few coins that actually have a community behind them, the ones that are still here after the flush. right now those are the coins nobody wants to touch, and that is exactly what the start of every meme run has looked like
better coins and better people pioneer the next leg. so people need to do real work, show their reasoning, be right out loud and wrong out loud and most importantly act with integrity
be the change you want to see onchain
i will do this with $HAMSTER. if it works out, it works out. if it doesn't, it doesn't. but i won't back down
@seyong@fomo@seyong and @fomo there's a new wave of community / cult coins like $FOMO and $HAMSTER that are being held back somewhat because they seemingly do not qualify to breach into your trending category.
Can you guys please look into this? It really seems like a considerable flaw.
It would be pretty funny while everyone thinks there is some “PvP” between $BATON and $PILL that both just send to 100M simultaneously.
Every single chain has had a 100M runner if not MULTIPLE on each launchpad.
Maybe I’m wrong and one is the sole winner, but you can never fade the @Pumpfun money printer 🐕 💊
Investor relations has officially been put on notice that there's a new sheriff in town.
We eagerly await your response @FGI_Industries - option 1 or option 2?
Thanks to @st0x_io tokenised $FGI is now available for token pairings on Robinhood.
@FGI_Industries is a NASDAQ listed toilet manufacturer at $17m market cap.
We're a group of degens with a $SHIT coin on Robinhood chain who are going to absorb their shares, takeover their board, then flip the value of the entire company.
Check our progress at https://t.co/RhAsjAcdvH
Let's flush the suits 💩🚽
0x22Eb9f1C5385eD74257Da42d8021916C2d837135
THE LORE
FGI Industries makes toilets. Actual porcelain. If you've bought a toilet at a home center in the last decade, there's a real chance it came out of their supply chain. They do ~$128M a year in revenue and they're listed on the Nasdaq under $FGI.
The entire company is worth about $19M.
That's the setup. A publicly traded toilet manufacturer, at a market cap smaller than most things that launched this week.
So we made $SHIT. Same product category. Different asset class.
Here's the part most people miss.
On Robinhood Chain, memecoins don't pair against stablecoins. They pair against tokenized stocks. And every Stock Token is backed 1:1 by a real share Robinhood buys and holds in custody, when a new one is minted, a real share gets bought at the same time.
$SHIT's pool is paired against tokenized FGI. So every buy is paid for in tokenized FGI, and that tokenized FGI gets locked inside the pool.
The pool doesn't spend it. It holds it.
3,200 tokenized FGI in there right now. Backed by 3,200 real shares sitting in custody somewhere. That number only goes one direction as long as people keep buying, the chart going up and the pool filling up are the same event.
Robinhood has also said 1:1 redemption and voting for Stock Token holders are on the roadmap.
But think about what that means for a company with 1.93M shares outstanding and a pool that only fills up.
Today the volume flipped.
$SHIT: $802K
$FGI: $481K
A coin named after what goes in the toilet outtraded the company that makes the toilet. On a Thursday. And nasdaq closes at 4, we don't.
Volume was the easy one. Market cap is the real target.
$19M. That's the number. Not a $50B blue chip, not a meme about flipping Apple. A genuinely small, genuinely public, genuinely reachable number that plenty of coins have cleared in a single week. Whether we get there is up to the people holding.
One flush at a time.
$SHIT is a meme coin. Not affiliated with or endorsed by FGI Industries or Robinhood. Stock Tokens are backed 1:1 by shares in custody but do not currently carry voting or redemption rights. Nothing here is investment advice.
Shitcoin now holds around 0.17% of the $FGI public float
our demands as shareholders:
— one (1) toilet, gold
— rename the company FGI Industries ($SHIT)
— put the poop emoji on the X profile picture
we are aware 0.17% entitles us to none of this
we will be back at 1.7%
The downtofinance X account was hacked.
The site is still safe. I still control that.
I had hired someone I know to handle the X account. They fell for a phishing attack. I know them, they were just being dumb.
I was planning to rebrand to Indexedex when I deployed to other chains. So I'll just do it now.
Site update and migrating the staking to the fee accrual DETF is coming today.
Official X account for this rebrand is @Indexedex new site is https://t.co/wV2KSTao8K
Old site is still up. I will be changing that page to a notification and link to the new site.
Well im broke and my sleep schedule is completely fucked
but im starting to think this is actually the chudillionaire grindset
fuck being normal
we going to chudillions
well I tried my luck gambling on @LaunchOnSF and even bought $CHUD cause I'm a stinky chud who watches @fomo all day in hopes of becoming a giga chad like @blknoiz06
unfortunately it's not that easy for a chud like me and as a result I've become a full-time community member
to revive my bags that are down 99% I'm starting the $CHUD Takeover (CTO) and all chuds that are far and wide are welcome
8qecx8juVNhpkAkUpcAY7LFoBLrWTnk7SUqvEmPGA55i