Pump.fun & Memecoins - AKA: shitcoin maker for retards and rugpullers, powered by who else? Solana...

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AllieKat said:
His family started a GFM but I really hope it's another crypto bro running another rugpull
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neger psykolog said:
So basically it is very likely some amount of the huge volumes in pump.fun and other memecoins is probably money laundering and wash trading for stolen crypto
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neger psykolog said:
To understand the scale a bit here, Lazarus stole about $1.5bn from the ByBit exchange about a day ago and they have regularly been stealing significant amounts each year (they already cleared a billion right at the start of this year).
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Here hoping alon gets a visit from the feds, shit gonna be funny.
neger psykolog said:
It's unclear exactly how much they direct towards being laundered via memecoins but it could be significant (or insignificant) amounts
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Going with significant given the valuations and the amounts of money "lost" in these dumps. Libra took 40% of solana's valuation with it when it happened, its clear that the honest portion of many blockchains its dwarfed by the the grey/black/illegal trade happening which uses the honest portion as a smokescreen of legitimacy.
somevan712 said:
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Thank you Mr. President. Very cool.


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It was a nice 10% jump.


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24h trade volume spiked nicely due to the attention.
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Inside trading shouldn't be so obvious.
 
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cybertoaster said:
Inside trading shouldn't be so obvious.
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It could go even beyond that
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But the SEC has also said it is moving away from targeting cryptocurrency as much, so it could just be a coincidence. There's a lot of people who have had investigations dropped and some of them were doing very dubious things, others were just targeted because there was no regulatory clarity to begin with.
 
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neger psykolog said:
It could go even beyond that
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But the SEC has also said it is moving away from targeting cryptocurrency as much, so it could just be a coincidence. There's a lot of people who have had investigations dropped and some of them were doing very dubious things, others were just targeted because there was no regulatory clarity to begin with.
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Yeah I remember reading that. You know having been to South America you realize we're not that far away from that, by which I mean we're only three bad administrations away from becoming a third world country. Over there this isn't news, people expect the bad guys to get away with it, expects the game to be rigged, expects the cops to do nothing. This isn't a dems vs reps thing either, Biden was a new low for America and normalized a lot of shit Trump is doing now while the media pretends to be surprised. And that's the problem, this is becoming the new normal, we're going down to the level of the same countries people escape from...
 
cybertoaster said:
Biden was a new low for America and normalized a lot of shit Trump is doing now while the media pretends to be surprised.
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Nothing Biden has done has normalized any of the dozens of recent stories of the Trump administration. Saying Biden is almost equal to Trump normalizes everything insane Trump has done.
When did Biden's top officials add a journalist to an insecure Signal group chat that discussed upcoming battle plans and tactics? When did Biden's officials lie under oath about this Signal group chat? When did Biden threaten Canada, Mexico, Greenland, and other American allies and ally with Russia? When did Biden spew Putin's talking points and condemn Ukraine for being the invaded country?

Was Biden's Secretary of Defense an alcoholic CNN host? Did he fill his cabinet with half a dozen billionaires? What about letting the world's richest man have full access to any and all federal agencies and departments? How about openly refusing to obey court orders? Did Biden deport innocent people to an El Salvadoran prison without due process?

How about sabotaging firefighting efforts in the California wildfires? Did Biden threaten to withhold aid from any Republican-majority states? What about blindly firing thousands of federal employees?

Did Biden make and peddle a memecoin?

It's pretty safe to say that Biden was much closer to a normal presidency, like Obama's or Bush's, than to Trump's.


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$TRUMP has been on a fairly steady decline. Their team will begin selling some of the 800m held tokens next month, so I'm curious to see what his Truth Social message to his followers will be.
 
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somevan712 said:
Nothing Biden has done has normalized any of the dozens of recent stories of the Trump administration. Saying Biden is almost equal to Trump normalizes everything insane Trump has done.
When did Biden's top officials add a journalist to an insecure Signal group chat that discussed upcoming battle plans and tactics? When did Biden's officials lie under oath about this Signal group chat? When did Biden threaten Canada, Mexico, Greenland, and other American allies and ally with Russia? When did Biden spew Putin's talking points and condemn Ukraine for being the invaded country?

Was Biden's Secretary of Defense an alcoholic CNN host? Did he fill his cabinet with half a dozen billionaires? What about letting the world's richest man have full access to any and all federal agencies and departments? How about openly refusing to obey court orders? Did Biden deport innocent people to an El Salvadoran prison without due process?

How about sabotaging firefighting efforts in the California wildfires? Did Biden threaten to withhold aid from any Republican-majority states? What about blindly firing thousands of federal employees?

Did Biden make and peddle a memecoin?

It's pretty safe to say that Biden was much closer to a normal presidency, like Obama's or Bush's, than to Trump's.


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$TRUMP has been on a fairly steady decline. Their team will begin selling some of the 800m held tokens next month, so I'm curious to see what his Truth Social message to his followers will be.
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Trump is definitely stepping on the gas when it comes to this but it started way before him. Already dubya started passing third world-tier policing laws with the patriot act. Obama pulled the same kind of bailouts for the rich you see all the time in those countries, the impoverished masses being taxed out the ass to save the rich from the consequences of their greedy schemes. And Biden basically got elected Trump again with his incompetence. The first Trump admin was a huge sign that things were going wrong, that the far left was debasing the government, that we needed another middle of the road president like Clinton, but instead of that the Biden admin went all or nothing on leftism. The 2020 riots were the same as the soft coups happening all the time in third world countries, same with using antifa as a paramilitary with unlimited free lawyers and bail money. Chile went thru one and they installed a borderline commie after it. This is the snowball effect, each admin adds more shit to the pile.
 

Would you like to attend a Gala Dinner in Washington, D.C., on May 22, 2025, with President Donald J. Trump?​

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Well, you might be able to if you own ~ $403,000 worth of $TRUMP. (Top 220 holders)
Their leaderboards are strange. Top 500 on Solscan is still 90k. I don't know how they are calculating this.
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The price immediately increased from ~$8 per $TRUMP to over $12. Many people want to go to the dinner, it seems.
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The top 25 will receive a Special VIP Tour!
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Just HODL until May 12th!
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https://gettrumpmemes.com/dinner.html / https://ghostarchive.org/archive/REyic
https://coinmarketcap.com/currencies/official-trump/ / https://ghostarchive.org/archive/zziHy

EDIT: Coffeezilla made a video about this.
 
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That's awesome. I think Blumpf bleeding his most deranged sycophants dry is hilarious. Crypto scamming is based as fuck, anybody dumb enough to be losing their life savings over celebrities and meme shit wasn't doing anything important with that money anyway.
 
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David Brown said:
That's awesome. I think Blumpf bleeding his most deranged sycophants dry is hilarious. Crypto scamming is based as fuck, anybody dumb enough to be losing their life savings over celebrities and meme shit wasn't doing anything important with that money anyway.
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Yes, trumpcoin seems like a scam.

But if he provides a secondary benefit to owning the coins then it is a little bit less of a scam I would assume.
 
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Forgot to post this coffeezilla video with known sleazy scammer (and more recently auschwitz travel manager) dave portnoy saying the quiet part loud:
 

(Link) Notice the "National Hot Dog Day" AI video in the background of this AI video. lol

GD Culture Group Limited / AI Catalysis​

is a media group comprising multiple companies. The company explains its mission as follows:
[GD Culture Group Limited] plans to enter into the livestreaming market with focus on e-commerce through its wholly owned U.S. subsidiary, AI Catalysis, a Nevada corporation incorporated in May 2023. The Company’s main businesses include AI-driven digital human technology, live-streaming e-commerce business.
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AI Catalysis is a subsidiary company that creates AI videos:
AI Catalysis is a pioneering technology company that operates at the convergence of digital technology, multimedia content, and artificial intelligence. Situated at the crossroads of traditional and streaming media, our mission is to enhance digital content experiences.

Crrently, we are primarily focused on applying AI technology in advertising, e-commerce, music, and video production. We leverage advanced AI to deliver highly customized solutions that enhance quality, efficiency, and cost-effectiveness for both individuals and enterprises. Our goal is to provide users with exceptional and consistently engaging experiences across various digital platforms.
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On May 12, GD Culture Group Limited announced its intent to purchase up to $300m worth of BTC and $TRUMP.
The company's reasoning is as follows (PDF attached):
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), and its subsidiary, AI Catalysis Corp. (“AI Catalysis”), today announced that it has entered into a Common Stock Purchase Agreement (the “Agreement”) with an accredited investor (an “Investor”), a British Virgin Island limited liability company, providing for the sale by the Company of up to $300 million of its common stock.
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Proceeds from the facility will be used to support the Company’s crypto asset treasury strategy, including the purchase of Bitcoin (“BTC”) and
OFFICIAL TRUMP (“TRUMP”). Under this initiative, and subject to certain limitations, GDC intends to allocate a significant portion of the proceeds
from any share sales under the facility to the acquisition, long-term holding, and integration of crypto assets into its core treasury operations. This
strategic move reflects the Company’s commitment to and confidence in the ongoing decentralization transformation.
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Through the adoption of this crypto asset treasury strategy, GDC aims to enhance its balance sheet with high-performance, scalable digital assets
while aligning itself with the expanding decentralized finance (DeFi) ecosystem.
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Mr. Xiaojian Wang, Chairman and Chief Executive Officer of the Company, commented: “GDC’s adoption of crypto assets as treasury reserve holdings
is a deliberate strategy that reflects both current industry trends and our unique strengths in digital technologies and the livestreaming e-commerce
ecosystem. Our substantial partnership with the Investor provides strong momentum for this initiative, reinforcing our leadership in pursuing growth
opportunities and embracing blockchain-driven industrial transformation. We believe our forward-looking strategy will further strengthen our financial
foundation and drive long-term value creation for our shareholders as decentralized finance continues to evolve.”
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For multiple reasons explained elsewhere (A), the company has ties to the Chinese government. It employed 8 people, generated no revenue last year, and makes AI-related TikTok videos, yet has $300 million from a "stock sale" to spend on crypto. Possibly explained by outside investors, though that's far less likely than the Chinese government being directly involved.
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GD Culture Group Limited's current market cap is 38.3m. A $300m stock sale from an unknown "British Virgin Island limited liability company" for a ~$38m company is just suspicious, especially since they sold over 1 million shares for $0.896 on March 4.
SEC Filings / March 31 Quarterly report
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GD Culture Group
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AI Catalysis
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Separately, the TRUMP coin is a 3-year long-term investment. TRUMP coin's value will practically be lost after Trump leaves office, since by then the 80% supply would most likely be sold off and the 3-year plan would be over.

Here's a true and honest, not AI expert explaining long-term investing:


This is where that $300m value comes from:
Over 200k TikTok views btw


I have no fucking clue what's happening here, but I love it:








Posted 26 December, btw:

After watching the AI videos, fuck it, I'm all in. Give $TRUMP a few billion, I need more of these videos.
 

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