DoomPosting
Trump now the largest holder of $PNUT Bro’s about to have made more wealth from the Peanut memecoin, than he ever did from any of his own non-memecoin crypto launches. = Trump about to become the biggest advocate for memecoins, all thanks to Peanut? Memecoin…
Dexscreener & coinmarketcap really been screwing people with their junk rankings,
Their top search results flooded with scams, making it a huge pain to verify which coins are the real ones
State of web3
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Their top search results flooded with scams, making it a huge pain to verify which coins are the real ones
State of web3
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DoomPosting
No wait, there’s one several pages way down at the bottom Dexscreener’s search is such trash 🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Dexscreener’s current search results for $PNUT
Literally ZERO of them are the real $PNUT??
100% scams
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Literally ZERO of them are the real $PNUT??
100% scams
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DoomPosting
No wait, there’s one several pages way down at the bottom Dexscreener’s search is such trash 🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Likewise, dexscreener’s search results for “Peanut”
…Not seeing the legit $PNUT coin… anywhere?
What a mess
Even on the first day, when we found the real $PNUT at $3.3M, we almost didn’t find it at all, because the real one was buried pages down in the search results
State of web3
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
…Not seeing the legit $PNUT coin… anywhere?
What a mess
Even on the first day, when we found the real $PNUT at $3.3M, we almost didn’t find it at all, because the real one was buried pages down in the search results
State of web3
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👀6
How does dextools do?
Marginally better
LAST one in the search results is the real one, when searching for “Peanut”
First one in the search results is the real one, when searching for “$PNUT”
So at least it gets the real one as the first result when searching by the symbol.
Otherwise GL
State of web3
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Marginally better
LAST one in the search results is the real one, when searching for “Peanut”
First one in the search results is the real one, when searching for “$PNUT”
So at least it gets the real one as the first result when searching by the symbol.
Otherwise GL
State of web3
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DoomPosting
State of web3 🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
So many wrecked by the fake $PNUT
FYI this isn’t quite a trivial problem to solve
Can’t just sort by age — pumpfun and scammers have flooded the chains with coins of nearly every name, so often the oldest ones are scams
Can’t naively sort by market cap either — easy to fake
Can’t naively sort by liquidity either — easy to fake via some of the dexes
Likewise, the giant $5k+ scam fees for verifying on coinmarketcap are hardly a solution either, as nearly all the legit memecoins now just refuse to pay, and it was a junk solution anyway
These fakes will become a bigger and bigger problem
State of web3
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
FYI this isn’t quite a trivial problem to solve
Can’t just sort by age — pumpfun and scammers have flooded the chains with coins of nearly every name, so often the oldest ones are scams
Can’t naively sort by market cap either — easy to fake
Can’t naively sort by liquidity either — easy to fake via some of the dexes
Likewise, the giant $5k+ scam fees for verifying on coinmarketcap are hardly a solution either, as nearly all the legit memecoins now just refuse to pay, and it was a junk solution anyway
These fakes will become a bigger and bigger problem
State of web3
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
🤬4👀3