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

  • 🐕 I am attempting to get the site runnning as fast as possible. If you are experiencing slow page load times, please report it.
Fastest Hand In The East said:
Why did I get education and work when I can rake 50k$ by ragpulls over and over again? I'm sure I'm not the only one who is thinking this.
Click to expand...
Because the majority of people making these are complete scammers.
They either create the scams themselves or they go after semi-famous people and get them to "collaborate" and then fuck them over.

This has just happened, literally yesterday to this generations most intelligent person: the hawk tuah woman:

The launch of viral influencer Haliey Welch’s Hawk Tuah memecoin sparked outrage across social media as the newly launched token briefly pumped and then dumped rapidly following a controversial deployment involving allegations of snipers and insider wallets.

Welch has denied any insider sales or activity on behalf of her team or any affiliated entities.

The Hawk Tuak (HAWK) memecoin was launched at 10:00 pm UTC on Dec. 4 and quickly rose to a peak market cap of $490 million.

The price of the token then plummeted and was trading at a valuation of $41.7 million at the time of publication, marking a 91% downturn in less than three hours, according to DexScreener data.
Click to expand...
1733411700744.png

However she is not a malicious person/scammer (no matter what people may think of her personally). And the amount of money involved (tens/hundreds of millions of dollars) is an amount that she will never be able to generate in her entire lifetime (unless she graces with age like Dolly Parton)

And again to anyone reading this shit - you can try and play in this casino, but unless you want to be the scammer then you will likely get scammed or people will move faster than you. This is not long term investments, this isn't even short term investments - there are like thousands of these tokens being launched every hour by people hooked on adderall/whatever who will stay awake for 3 days straight and rugpull you and everyone else that put your $20 into it.

90%+ of people that engage with this shit will lose their money.
 
  • Like
  • Agree
Reactions: Bill Nyehilism, |o|, cybertoaster and 4 others
cybertoaster said:
Pump.fun its the most retarded form of gambling I've ever seen, even at a casino you've a (at best) 40% possibility of winning while here I'll argue you're gonna lose your shirt every time. The odds are completely against you, winners are few and far between, and most only make a few thousands. The ones making millions are rarer still.

Or course this place its a breeding ground for certified psychopaths like the kid above, but remember how I said alon had to disable streaming? that's because of cases like a guy setting himself on fire to promote his token, one torturing his gf live (or pretending to), another threatening to kill his fish if his token doesn't reach 1 million marketcap.
1733353300797.png

How about his thug shooting out of his window every time his shitcoin pumped?
Your browser is not able to display this video.
Nice product placement there qatar airlines...

Then there's the 1000 IQ guy who set himself on fire live:

Your browser is not able to display this video.

TFW you did all this for a measly $160k market cap
1733361633215.png


And there's more:
1733353659245.png
Click to expand...
It's like 2010s yt cloutchasers all over again. Have any of them smashed up an exotic car?
 
The Joshua Block/worldoftshirts memecoin is another good example of memecoin faggot scammers trying to exploit a famous person (in this case someone who is an autistic alcoholic): https://kiwifarms.st/threads/joshua...01-and-his-fans-harassers.92146/post-19983559 The scammers are obviously taking full advantage of him and his fame.

The promise of his memecoin is that if it reaches a billion dollars he will quit alcohol forever. There's an extremely uncomfortable video (https://kiwifarms.st/threads/joshua...01-and-his-fans-harassers.92146/post-19982498) of the scammers trying to get Joshua Block to actually give a fuck and promote the stupid memecoin also.


This has also included him getting a tattoo of the stupid memecoin (video of tattoo being applied can be found here: https://kiwifarms.st/threads/joshua...01-and-his-fans-harassers.92146/post-19977426)
1733426354905.png
 
  • Informative
  • Like
Reactions: Wright, ᚠᚢᚦᚩᚱᚳ and cybertoaster
C4-621 said:
Although gooners, inflationists, and cryptotards do have plenty of similarities so we weren't too off.
Click to expand...
Cryptobros exist in a sort of twilight zone between the autistic internet and the neurotypical internet. Too eccentric for the Snapchat Kardashian Euphoria sphere, but offputting in a way that makes them repulsive to the average online autist.
 
  • Like
  • Agree
Reactions: Bill Nyehilism, Wright, Kiwi2Shoes and 4 others
I picked a random token on the front page to watch, to get an idea of what's going on. This thing launched 4 minutes ago, has a market cap of around $6k, and the dev didn't even bother to buy any.

1733537642076.png

For the first 5 minutes, the comments were flooded with telegram bot spam.

1733537505213.png

This quickly got jannied and replaced with accusations of rug pulling. I investigated by clicking on the dev's profile, looks like he's got about $2 worth of value in his portfolio, total. How can you not invest your thousands of dollars with this luminary of the crypto world?

1733538211048.png

This whole thing is retarded in an incredibly specific way. It's like the Sharty, retards who glommed on to a culture when one person enabled their autism with technology they shouldn't be given access to. But instead of trading iterative memes and CP, they're trading money and fake money.
 
  • Like
  • Informative
Reactions: Wright and Sprate Header
neger psykolog said:
However she is not a malicious person/scammer
Click to expand...
Doubt [x]
neger psykolog said:
And again to anyone reading this shit - you can try and play in this casino, but unless you want to be the scammer then you will likely get scammed
Click to expand...
Its always been like this, even before this site made minting shitcoins something even the legally retarded can figure out. I read somewhere that basically all shitcoins from the pandemic crypto boom could be traced to the same 16 groups that coordinated minting, spamming on social networks, running discords servers and telegram groups to hype it and then of course pulling the rug all at once.
neger psykolog said:
90%+ of people that engage with this shit will lose their money.
Click to expand...
Just 90%? more like 99.99999%. Even legit crypto has lead to more of a transference of wealth than actual creation of any wealth.
The Mass Shooter Ron Soye said:
Wired: A Kid Made $50,000 Dumping Crypto He’d Created. Then Came the Backlash (archive)

Comment section available at Ars Technica.
Click to expand...
"Though alarmed by the backlash, Biesk is impressed by the entrepreneurial spirit and technical capability his son displayed."

With parents like these now I get why fatboy its completely unrepentant about stealing other people's money, they literally thing a scam is honest work.

“It’s actually sort of a sophisticated trading platform,”

Its the most simple idiot-proof trading platform ever made, there are trade systems inside games that are more complex than this...
C4-621 said:
My first guess was a community of gooners.
Click to expand...
Gooners were there at the start of crypto, if you went to any btc forum in the early 2010's there were tons of small time pornographers, there was a huge cp problem too.
Harvey Danger said:
This whole thing is retarded in an incredibly specific way. It's like the Sharty, retards who glommed on to a culture when one person enabled their autism with technology they shouldn't be given access to. But instead of trading iterative memes and CP, they're trading money and fake money.
Click to expand...
There are people who unironically get their news from memes, and WSB proved they get their financial advice from there too meaning that if you push a meme hard enough you can get idiots to part with their money.
 
  • Like
Reactions: Wright and Cowboy Kim
Pump.fun is honestly genius and I hate myself or someone like Crunklord or Null didn't think of it first.
It's basically an interactive lottery, plus it's the single most retail friendly shitcoin  creation app on then internet. Ethereum has lost billions of dollars in volume to pumpfun simply because it utilizes Solana's token contract in a way that eliminates malicious contracts unlike Ethereum where trying to snipe microcap tokens leaves you with a honeypot more often than not since nobody has time to audit contracts for new pairs.
I've heard estimates between 200 million and 400 million dollars Alon has made from pump.fun, and I don't see a reason he doesn't deserve it.
 
  • Thunk-Provoking
  • Informative
  • Like
Reactions: Wright, Jez's Life Coach, Super Dilator Duel 3D and 5 others
Heed Not said:
it utilizes Solana's token contract in a way that eliminates malicious contracts unlike Ethereum where trying to snipe microcap tokens leaves you with a honeypot more often than not since nobody has time to audit contracts for new pairs.
Click to expand...
I know next to nothing about solana 'cept some shady real estate companies are using it for tokenization, how it compares to ethereum? got more deets on the other advantages it has?
 
  • Like
  • Thunk-Provoking
Reactions: Wright and Cowboy Kim
Cool Dog Returns said:
I know next to nothing about solana 'cept some shady real estate companies are using it for tokenization, how it compares to ethereum? got more deets on the other advantages it has?
Click to expand...
solana is far less stable, alot faster, and glows in the dark alot more than ethereum.
it's perfect for making gambling on shitcoins though since fees are way lower.

other than that they are basically the same PoS smart contract chains and there's 100 other chains just like them. The only thing special about them is that they have alot of users.
 
  • Like
Reactions: Wright
gagabobo1997 said:
solana is far less stable
Click to expand...
Cuz its new or shitty code?
gagabobo1997 said:
and glows in the dark alot more than ethereum.
Click to expand...
Glownigger honeypot or just a scam all around?
gagabobo1997 said:
since fees are way lower.
Click to expand...
Low enough to be worth over eth?
gagabobo1997 said:
The only thing special about them is that they have alot of users.
Click to expand...
And why is that? the low fees? or some crypto niggardry by the founders?
 
  • Like
  • Thunk-Provoking
Reactions: Wright and Cowboy Kim
Cool Dog Returns said:
Cuz its new or shitty code?
Click to expand...
both

Cool Dog Returns said:
Glownigger honeypot or just a scam all around?
Click to expand...
both

Cool Dog Returns said:
Low enough to be worth over eth?
Click to expand...
at times, yes. there's a bunch of ETH layer 2s with basically 0 fees though and a bunch of other chains with low fees so its not special.

Cool Dog Returns said:
And why is that? the low fees? or some crypto niggardry by the founders?
Click to expand...
crypto niggardry for the most part
 
  • Like
Reactions: Wright
You must log in or register to reply here.
Back