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DoomPosting
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Degens Deteriorating
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DoomPosting
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And this is why there needs to be a 24h BOME-style fair launch for memecoins — or else the memecoin creator extracts far too big of a share of the gains. Probably near 100%. Too high.

Probably also makes less than a 24 hour fair launch could, for these big celebrities.

Wake me up when any of them do a BOME-style 24h fair launch.
DoomPosting
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Likely Iggy Azalea’s buys and sells on the coin she announced.

Likely not even a coin her or her team created, but rather just a random dead one that that she loaded up on a couple hours prior to promoting it.

….Which would put this solidly classic into pump & dump territory, as that’s exactly the formula for classic pump & dumps.

What could change legally change this situation, to not be a pump&dump, is if she continued promoting it hard for a prolonged period of time — Counterintuitive, but yes, your actions after can retroactively change whether the prior action was legally good or not.


Azalea was calling Sahil a scammer but this is… actually looking much worse, actual classic scam territory.

Whether it turns out full scam depends on what she does next.

Not looking good.

Bring back BOME-style 24h open “fair launches”. These celebrities are big enough to make them actually do well.

Retarded move Azalea, and not the good kind.
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But then you went and launched a bigger scam than even his coins

Chick do some learning
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you goin to jail chick
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Classic startup investing advice applies here

— creators own too small of a percent at the start then it’s a bad bet

They’ll use that small percent as an excuse for them to do horribly, and be lazy

3% is way too small.

Everything went wrong here.

All wrong.
higher & astronomically stupider
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(Jenner did at least repeatedly make the promise to keep promoting, we’ll see if that promise is kept. Iggy’s somehow looking 1000x worse so far, everything wrong.)
They joke but it’s true.

Every 100% woman-run coin or woman crypto influencer dumps hard and fast.

All give up instantly, at slightest difficulty.

Every. Single. One.

- from the many I’ve tracked.

It’s actually incredible.

Even the most pessimistic person would underestimate how extreme the odds are here.

You think you know how bad it is but you don’t.

One of the big phenomena of nature. Is what it is.
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Iggy effect?
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