DoomPosting
Looks like another ~24h until that supposed PAIN presale is over One thing I’ll be watching is whether the sales have the shape that’s ramping up toward the end — A shape which both the 2014 Ethereum presale, and the $BOME presales famously had 🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Increasing evidence that the $PAIN presale may indeed be “real”, in many ways
But is it good?
Many serious omissions as well
Tough call
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But is it good?
Many serious omissions as well
Tough call
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DoomPosting
Arkm Intelligence page for the supposed PAIN presale 🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
$PAIN presale, which ends in 1h, has now raised nearly $30M in $SOL
Tough call on this one
Arkm Intelligence page for the supposed PAIN presale
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Tough call on this one
Arkm Intelligence page for the supposed PAIN presale
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DoomPosting
Solana presale for PAIN token has supposedly raised $8.8M Bets on whether this is real? 🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
$PAIN presale has raised over 144,000 $SOL, i.e. $31M
Upsides:
+ Same basic structure as the $BOME presale, an actual “fair launch” — unlike horribly structured pumpfuns, which are easily sniped and not remotely “fair” at all
+ Given the huge amount raised could have hugely thick liquidity and legitimately attract a Binance listing immediately IF these guys did everything right and are not morons — I.e. it actually very likely IS in their rational self-interest not to scam here… assuming they’re not total morons — but, some people are total scaming morons to the core, some people hold a zero-sum world belief no matter what, so who knows for sure what they’ll do
+ The raise shows the right basic classic shape — of an increasing amount being raised as the end nears
Main downsides:
+ ZERO reputational liability — unlike the BOME presale. They’ve invested zero reputation into this, and came out of nowhere, unlike $BOME had
+ ZERO assurances at all about what % they’ll put into the pool or buybacks or anything project related — which has become a big problem for some of these recent pure-meme ones
+ Very sus launch timing — Far more scam projects than legit projects choose to launch when the market conditions (e.g. fear & greed index) are bad, though supposedly these guys had been planning a launch since October? Still sus
Tough call
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Upsides:
+ Same basic structure as the $BOME presale, an actual “fair launch” — unlike horribly structured pumpfuns, which are easily sniped and not remotely “fair” at all
+ Given the huge amount raised could have hugely thick liquidity and legitimately attract a Binance listing immediately IF these guys did everything right and are not morons — I.e. it actually very likely IS in their rational self-interest not to scam here… assuming they’re not total morons — but, some people are total scaming morons to the core, some people hold a zero-sum world belief no matter what, so who knows for sure what they’ll do
+ The raise shows the right basic classic shape — of an increasing amount being raised as the end nears
Main downsides:
+ ZERO reputational liability — unlike the BOME presale. They’ve invested zero reputation into this, and came out of nowhere, unlike $BOME had
+ ZERO assurances at all about what % they’ll put into the pool or buybacks or anything project related — which has become a big problem for some of these recent pure-meme ones
+ Very sus launch timing — Far more scam projects than legit projects choose to launch when the market conditions (e.g. fear & greed index) are bad, though supposedly these guys had been planning a launch since October? Still sus
Tough call
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Also very suspicious of their disclaimer — disclaimers have become suspcious lately, despite likely technically being legally prudent
And very suspicious of when of their “joking” trash talking and mocking… that’s usually a serious red flag
Alltogher — extreme mix of positive and negative signals
Real tough call
gl
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And very suspicious of when of their “joking” trash talking and mocking… that’s usually a serious red flag
Alltogher — extreme mix of positive and negative signals
Real tough call
gl
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DoomPosting
Looks like another ~24h until that supposed PAIN presale is over One thing I’ll be watching is whether the sales have the shape that’s ramping up toward the end — A shape which both the 2014 Ethereum presale, and the $BOME presales famously had 🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
$PAIN presale over, hit 186,000 $SOL = $40M
Seems to have followed the expected curve like the $ETH and $BOME presales did
At the same time, sus in multiple ways
Soon we will see
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Seems to have followed the expected curve like the $ETH and $BOME presales did
At the same time, sus in multiple ways
Soon we will see
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DoomPosting
Photo
Ok, a $SLERF reference
We’ll see if this goes the 3am launch path of $BOME and $MEW
Or screwup path of $SLERF
Or worse…
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We’ll see if this goes the 3am launch path of $BOME and $MEW
Or screwup path of $SLERF
Or worse…
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$PAIN presale stats:
unique_senders_count: 26,102
average_USD_sent: $729
average_sol_sent: 3.49 $SOL
highest_sol_sent: 5,000 $SOL
total_sol_sent: 100,377 $SOL
Dune Query
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unique_senders_count: 26,102
average_USD_sent: $729
average_sol_sent: 3.49 $SOL
highest_sol_sent: 5,000 $SOL
total_sol_sent: 100,377 $SOL
Dune Query
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