Buckle Up!

GM rebels,

Hope you’ve buckled up already, since it feels like we are seeing all the symptoms and effects of the bull run.

Let’s take a look at just a few of those that happened recently.

For those of you who have not heard of it: here is Achi.

In crypto it became a famous dog wif hat that became $WIF - a memecoin on Solana. Dog’s photo was minted on Foundation as 1/1 NFT with the reserve price of 5ETH for the auction. Eventually the piece was sold for 1,210.759 ETH. With today’s price it’s around $4.3 million!

Not sure what was the logic of minting one of the photo of the dog that became most well-known Solana memecoin on Ethereum… but oh well…

Sending crypto to random anon’s wallet is a thing again.

It may sound crazy but that’s how the pre-sale works these days. All you gotta do is post the wallet address. If during ICO times people bothered putting together a website, writing up a whitepaper, rolling out a telegram channel - no one has the time and desire for that stuff anymore.

And since it works and degens don’t mind at all - why bother, right? Crazy - I know!

Now imagine that you saw a sloth on the block and his wallet addy - and did what every true degen does - sent him SOL for the presale of $SLERF tokens …

And then imagine him tweeting this:

And now imagine the scale of the mistake - around $10 million worth of tokens…

This itself is worth a separate story - specifically following the community reactions and the aftermath. But I had no time to unwrap it - so feel free to look into it if interested.

In bull we will have more crazy stories, more greed, more stupidity, more things that can’t be explained with logic and a lot of drama. More scams, more manipulations on the social layer and more cults. A lot of money…. made and lost too… So I hope you know what you’re doing.

I wanna end this issue on a positive note, which is why I left this for last.

On Non-Fungible Rebel podcast I spoke to VESA last week. He’s a digital artist and a true OG in the space. He has deep understanding of the space but also the courage to dive into intense artistic experiences and experiments.

Listen to the audio version here

Well I guess that was all for now.

The weekend is around the corner. So have a good one rebels!