September 13, 2024

Newsletter #299 - Schizoposting

Hey Shitcoiners,

It has been a chaotic week and oh boy, do we have a lot of spicy content to get through. To kick things off, we have an important question. This feels very relevant considering the state of our timelines.

To truly tell the story of the week, let’s dial things back. 7 days ago the outlook was looking bleak. The bears were out in full force on CT, many were saying it was so over. However, there was some hopium floating around.

As the week developed, sentiment would hit lows not seen for 18 months. On low volume, fear was the overwhelming emotion on display.

And you thought you were comfy in spot?

Study being right!

Solana enjoyooors were some of the hardest hit during this mini-bear market, prices tanked. Their prayers were answered as VanEck filed for a Solana ETF!

Some would say it was a big week.

The ETF party has been well and truly crashed.

User-uploaded image: D+yBwAudj+AaAAAAABJRU5ErkJggg==

ETH holders in disbelief. But my ETF!

Say what you want about Gensler but the man gives the people what they want. Despite the moaning, groaning and general distaste displayed towards us degenerates, is he proving himself as a true ally?

We take that back, he is no friend of ours.

In another middle finger to the current regime, Jesse has donated a phat bag to who he hopes will be the new man in charge come November.

While some donate to former presidents, other just want to do some honest work. Jmo and cat are making a farm.

In other Jmo news, imagine FTX thinking you would have more money in your bank account that in crypto? Kek.

Ryan Salame was one of the wounded former FTX soldiers. He has a tough pill to swallow.

This feels like a very fitting time to ask, has anyone seen Trabucco?

Martin Shkreli could be in for a world of hurt due to the DJT/Baron Trump situation. While he awaits his fate, here is a post showing him being absolutely cooked by ZachXBT.

Who will escape the wreckage?

50cent thinks he will be making it out this celebrity coin mania in the clear. His Twitter account and site was “hacked” and supposedly someone made $300,000,000. That number seems massively overblown for a shitcoin that barely took off. Do you believe his story?

The attempts keep on coming though. Amber Rose launched her own coin today. Will this last the weekend?

Celebrity tokens are still hot. Andreas thinks it won’t last long though. Check out his latest comments in CoinTelegraph. Spicy!

We will just leave this here.

This industry isn’t for the faint hearted. Losing your money on celebrity pump and dumps, rekt by leverage or phished. It could go wrong with just a few irresponsible clicks. Practice good OPSEC and don’t have a horrible day like this guy.

With everyone checking wallets for airdrop allocations, the phishing opportunists are having a field day. Sometimes the juice isn’t worth the squeeze anyway.

More airdrops! More blockchains!


If thoughts like that run through your head at bedtime, it’s time for some self-diagnosis.

As we near the end of this week's newsletter, here's a shoutout to Jordi.

He did it!

Gg sir.

Before you go be sure to learn an important lesson with lil bubble.

And that's all for this week! See you next time.

Team Shitcoin.com