CZ makes statements like this but forgets to tell everyone Binance has been the driving factors for the most $BTC sell pressure since it made ATHs at $125,000.
Almost seems like he is getting paid to make these statements while Binance continues to drive price lower.
It's disrespectful to the entire industry if you can't appreciate what Pudgy Penguins have done for the space
Whether you're holding in the Pudgy Penguins ecosystem or not, give credit where its due for face of crypto.
Penguins have leaned into culture, brand, distribution and showed out during any market condition, bull or bear
What you're seeing now is a ripple effect taking place where other teams are waking up and following the Pudgy playbook
Even if Pudgy stopped today (they won't), it'll forever be echo'd in the space forever
2026 is about to be movie, make sure you pay attention
Pudgy Penguins.
@robw00ds Team writes buybacks in their litepaper, but is unable to show proof and price has constantly dropped. CEO also mentioned that price is not their primary interest. Essentially just a memecoin imo.
This was 100% a coordinated event
Many entities just got filled at insane levels on altcoins
You think 5PM on friday everyone just sells all at once?
Yeah right. The hands behind this are dirty.
People are too innocent when they think all money an exchange make is through trading and listing fees
They can literally make a coin, list it, control maximum supply, pump it to multi billion dollars marketcap, extract few hundreds of million dollars and rug it
Happened multiple times in the past and will happen in the future too
No regulations, no accountability!
Honestly insane how many of these tier 1 backed VC companies have the same story:
-cofounders from some prestige background sell VCs on some pie-in-the-sky concept that no one wants
-raise $100m+
-hire random roles like a chief AI officer for a non-AI startup
-have 0 users
-exit via OTC deals becoming a multi-millionaire
-“step back” right before vesting renews
IP protocol made $24 in revenue yesterday.
The pitch has also never made sense to anyone who has actually worked with IP licensing.
Meanwhile founders who know their industry inside and out, aren’t flash in the pan and spent decades in their field get passed over for the next Stanford kid with buzzwords who puts on a show.
I’ve tried to always have my angel checks go to actual experienced operators, with all the pros and cons that go with it.
But it’s so disheartening that even the “top VCs” just seem stuck on this loop of rewarding flash over substance.
How the hell do we advance as an industry, if you throw money at smoke, mirrors and grift?
Kind funny that Story Protocol raised $130m to build an L1 and fix a problem that an app built on ETH has solved for 18 months.
and @pudgypenguins holders have licensed their IP with it hundreds (maybe thousands?) of times since then through direct and third party deals.
We had Adin
Instead of our bags going 10x higher, the LA Rape Cabal told Adin to buy their bags that they were up 8000x on and he told his audience to buy them and then they fucking raped him
It doesn't help who we have if they're being guided to slaughter