Every great cause begins as a movement, becomes a business, & eventually degenerates into a racket

This industry went from we are going to fight the state building decentralised cyberpunk future

..into begging CZ, Nazi Ye, Mark Cuban, Mr. Beast, Joe Rogan & many others to launch a meme..

..to getting rugged by kols, cabals, in the name of cancer, Ansem, Murad's supercycle list, Andrew Tate, logal paul, Haliey Welch, 15 year old kid, Iggy Azalea, AI agent memes, enron (yes again), trump's pastor (?), Dave Portnoy, state officials, celebrities, the First Lady, president of Central African Republic, Argentina, & USA

*Money extracted from memes on solana: $5B+ (this excludes CEXs & other chains) so, real number could be $10B+ or $15B+ we don't know actual number but it's way above $5B obv...

ICYMI: meme playbook: There are Contracts where unknown party pays these celebrities/kols some money upfront & rest after they post on X & post remain up for x amount hours and they can later post "my account was hacked," or "we are not related to this", etc.. so, in almost 100% of the cases it's either really hacked or it's contract kols/cabals pushing shitcoins

These aren't market cycles anymore - they're market seizures. When you need to be glued to your screen every second just to avoid being "late," something's fundamentally broken.

Constant rotation, the 24/7 FOMO, the endless parade of "next big things" it's exhausting even the most seasoned folks.

Now, this burning out builders who are chasing a dragon that doesn't exist. Real projects can't compete with pump-and-dumps masquerading as "communities."

Some Hard Truths:
*It's not scammers/insiders fault, they doing what they supposed to do, it's your/community/projects fault who made celebrities/kols/cabals leaders of this space. Stop giving spotlight to them.
*Stop making memes priority over everything else happening in the space
*This isn't sustainable
*The intention of most launches these days is to purely steal.
*Criminals & crime are not a +ve for crypto. They shouldn't be glorified & their posts liked & promoted.
*Centralised Exchanges needs to give some damm about reputation instead of extracting fees, volumes and listing every shit that's going viral for few hours, you are regulated & centralised for a reason.
*If people on your tl defending this & triggering FOMO, you should unfollow them. They are extracting value from the space & farming you. If u need help with "who to not follow" we know about a list but it's not officially by us so, search around/check grp.
*No-one can rug you if you don't buy their obvious scams & stopped listening to kols/celebrities & obvious scammers on internet....Greed is good... until it isn't...
*Don’t waste your life making some KOL/cabal dork rich.
*do we think this going to change anything? Tbh probably not, you have CZ shilling memes to Coinbase CEO saying there are ~1m tokens/wek so we needs to move from a an allow list to a block list...

h/t 𝕏: ColdBloodShill, Finch in flight, & AlejNavia, coffeebreak_YT, infinityhedge ex founder & others

Now, few related reads:
What Really Happened with $LIBRA: https://x.com/DiogenesCasares/status/1890853180897948091

Money extracted from memes:
https://x.com/0xngmi/status/1890783855054831910

memecoins a serious net -ve for society: https://x.com/0xngmi/status/1890708635208282326

Responses from projects:
https://x.com/KIPprotocol/status/1890844030235561984

https://x.com/KelsierVentures/status/1890914583910449505

Meteora https://x.com/hellochow/status/1891341548115149190

https://x.com/JupiterExchange/status/1891181433588470052

MUST WATCH⚠️
*Coffezilla's interview on $LIBRA https://youtu.be/EqizJTbxAEM

Now, we will read some quotes for sound mind:

*It is difficult to get a someone/community to understand something when their bag depends on their not understanding it

*When the tide goes out, you see who’s been swimming naked

*The media's/kols/many others job is to sell you the illusion of choice (mute the noise)