Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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as the dilution of ai memes slowly increases, its a race to utility to justify why *your* project deserves its valuation

same logic as static/animal memes

static memes have the cult edge, sentient memes need to have the utility edge
the shift will gradually happen

i don't know how long it'll take or when it'll happen

and there will still remain a small pool of successful pure ai memes, edge case me thinks

but for the rest its a race to utility

utility in context doesn't have to be full on utility, but if your token actually does something other than hehehaha like animal memes do then its considered having utility
it will require delicate execution on top of thoughtful planning

one wrong move your ai meme goes down the drain immediately

people expect the best from ai and bear very high hopes with their bags

if you don't execute well, your competitor will gladly take your spot

study how a dev posting another ca can lead to -90% drops, study how flavia going offline eroded the faith the community had, study how one typo led to goat dropping -80%

you NEED surgical precision with no room for error or it'll be one step forward two steps back and your community tries to grind your pa from -80% upwards again

while the landscape is forgiving now, i doubt it'll be when the race intensifies
Crypto Mumbles
looking at wmm too, purely because it churns infinite medieval memes which are p funny and chart wise barely any dips
$wmm

stable range bound chart taking its time to consolidate

this feels healthier and more sustainable to me compared to violent swings up and down

memes are fresh and uniquely medieval, something not seen before yet

i think $wmm goes higher as it can constantly engage people and generate content, while the community *looks* strong judging from the chart
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looks like some fud has finally hit the tl which is to be expected

https://x.com/Taran_ss/status/1850121672814104740

everything and anything that runs parabolic will always get some form of fud (think goat's run up)

assuming the team is honest,

1) only 1 otc deal has been done - 10k cheque
2) 100% of $virtual is fully liquid and unlocked, no big unlock worries or whatnot
3) let zachxbt do his thing because he can dig but should not be able to find much
4) $virtual has been around for years and has been working on this platform even before the ai agent narrative started, it is not some new grift that popped up to scam your money (in a way they got lucky as the timely narrative provides tailwind for them)

that said, i did mention two possibilities and managed my risk for scenario 1 here: https://news.1rj.ru/str/cryptomumbles/10558

it is highly likely that a lot of small funds are in the trade as mentioned (https://news.1rj.ru/str/cryptomumbles/10573), but had to market buy their way in (my speculation)

will keep a lookout and if a zachxbt thread drops then i'll reassess my bags depending on severity of the fud
common things are like price suppression, controlled selling shakeouts, reaccumulating at the lows before publicizing bullish news to push prices back up etc.

at times even driving price below their cost price to fully shakeout folks

all these are much easier to do in the trenches w meteora dlmm and at lower mcaps ie sub 100m
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Forwarded from CryptoCapo TG
Quick update:

As mentioned before, several factors could trigger a black swan event before the US election. This would cause a 35% avg. drop for altcoins, meaning that big caps could dump 25-35%, and low caps could dump 40-60%.

Once again, this would be a very last shakeout before a real altseason could begin. So if it happens, just be ready and don't get scared.

Stay safe.
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not a game of hehehaha but a rush to utility

in this sense, i think static cult memes will still have their leg up again as hehehaha tokens

the only utility is to sell my bags higher to the next person
now, next observation that i briefly discussed in another group

yousim isnt the only project, project89 has also adopted the pf made token in order to get research funding

this is greatly beneficial for ai researchers to get the additional funding that they need and the trend so far has been to adopt what the community has made to initially grift

i believe more researchers and talents will continue seeking funding from degens this cycle if we keep things up

the next 1b ai token probably isn't out yet