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DoomPosting
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Degens Deteriorating
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FWIW, that’s

205_000_000 * 0.25/100

= $512k in Raydium fees alone
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$70k BTC
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This thing wild

At $25m

Flash crashed to $10m

Almost immediately bouncing back to ~$20m on very high volume of $12M+

Massive weirdness
wtf
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State of web3
2
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or… onchain summer
Many such cases lately.

Incredibly…

Despite Solana literally not letting you even create your own smart contracts for coins(?!?!) … Solana is quickly becoming THE MOST SCAM FILLED DEV EXPERIENCE EVER

Yes, beating all the other chains.

How?

Because in their infinite wisdom, Solana decided to make every tiny offchain interaction with coins require a THOUSAND F’ING LINES OF CODE

Now the whole ecosystem is flooded with scams to in products and apis made to help people launch coins faster.

Fooded.

Found intentional drainer exploits in the code of 2 more people’s code who I’d tried to hire last month.

That brings the total to… 8 of 10 people we tried to hire now…

Will share more of them publicly soon. It’s absurd.

Absolutely fing insane.

Solana this is your fault you communist fake-job-creating morning.

Solana make your off-chain APIs concise. 1 or 2 lines of code per action. Not a f&$cking thousand lines.

Solana eliminated on-chain exploits,

While enabling more on-chain exploits and scams targeting coin creators and devs than ever before.

Amazing.

But yeah, most will get through it.

Just shouldn’t be this bad.
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other scammers better step up your game
idk