Newsletter #321 - Don't Get Rekt

Gm,

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While at Shitcoin.com we are eternally bullish we understand that what goes up must come down. If only temporarily. As Bitcoin almost touched $100k last week, sell pressure was substantial. The market dipped and Bitlord lost hundreds of thousands. When that happens there is only one solution.

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Did you take profits this time anon? Didn’t think so.

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Nayib’s mobile wallet that holds El Salvador’s Bitcoin reserve took a small hit too. He’s preparing for a sensible career move.

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The shitposting never ends.

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Despite the pullback in price it’s worth remembering how much “up only” we have had in the last few weeks. Readers of this newsletter have usually been in the game for a while. You can still be that guy at a party. You were right and everyone else was wrong.

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The election was the catalyst for a lot of the recent pump. Will Trump create his reserve?

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In other bullish news for the US, Tornado Cash sanctions were ruled as unlawful. This sounds bullish for DeFi.

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The humble farmer has deviated from DeFi in recent months and is now balls deep in shitcoins. This timeline isn’t real.

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He must have had an awkward Thanksgiving.

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RIP but at least Taiki is a great sport!

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He’s even happy to do you all a favour and get you the entry you were looking for.

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The AI coin sector has some compelling use cases. Here’s a fun example that Taiki might like.

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The AI coins are one thing but the shitcoinery happening on Pump.fun in general is on another level. Satoshi can’t have foreseen this is where we would go.

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When Pump.fun houses where kids do odd things on camera, all in hopes of rugging degenerates like you?

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Huge tits = buy signal.

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We have a feeling this guy might be smoking for quite some time. It’s a win-win for him I guess?

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The premises of these tokens are quite creative. The shock value keeps increasing.

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Did they do it?

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It was only a matter of time before the astronomers returned. Reading the stars is the only way to Valhalla.

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With all of that going on, CT was happy to capitalize with some excellent shitposting.

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Tyler dropped some heat. Will the feds shut this down?

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It was time to address some of the recent events.

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CZ jumped in this week and urged everyone to move away from the memes. He wants those memecoin devs building real stuff.

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Meanwhile Arthur was called out for deleting a tweet. He didn’t delete the tweet. RIP Convinced_Bro.

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Do you remember when DeFi was experimental, full of exploits and all-in-all a risky asset class? With the current state of affairs it could be the new safe house.

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We can smell the sarcasm from here.

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Is it time for the memecoiners to migrate?

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Maybe not. Shitting on Ethereum has become a staple in recent weeks.

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The problem is, when you actually do short it does something unexpected. The best strategy evidently is to say it’s failing but actually do nothing. RIP.

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