Shitcoin Guru
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Channel about shitcoins and how to survive in this environment. Tips to avoid scams, contract investigation, calls on legit projects.
Welcome and stay safe!

Owner: @Rrrrotten
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Forwarded from Noodles
Maybe you don't know but every time i do my research on Nansen from some months, i see each day Smart Money accumulate $BONE

There are true chads here... it will be a real winner one day. Remember these words. Its still fucking early.

I think Bone's potential is still not expressed. Bln mcap easy.

Imagine like DC token for shiba chain with shiba whales
Tbh I think same. Nowadays I'm trying to find some solid stuff to ape really a lot and get some nice gains. Of course this will not give x1000, but IMO probability of at least x5 on BONE is realistic.


https://defined.fi/eth/0xefb47fcfcad4f96c83d4ca676842fb03ef20a477
Shitcoin Guru
Been quite silent the recent days. Almost not trading at all. Waiting for some signs of reversal and less fear in the market. Meanwhile, as usual nowadays, developing some new shit. If it will be a success, will launch a token and it will melt faces for sure…
So initial testing took almost 2 months, and finally yesterday I managed to find a solution to the major problem. Still need quite a bit of time for developing further, but at least moving forward! Probabilty of launching a token is now more than 0% πŸ˜‚
But still not 100%πŸ˜”
Forwarded from The Daily Ape (On Break) (Darren Lau)
Shitcoin Guru
If any project dev tells you that his super cool token can trap and drain MEV bot - this is a lie. It is not possible
Remember this? Think twice before investing in some Cerberus protocol that launched not so long ago.

Again, trapping MEV bots is not possible at this moment and will unlikely ever be possible.
RIP the Queen. πŸ˜•

Many scam tokens may appear, take care.
A small research. We have project A, serious one, utility, etc. Dev decides to launch project B, a short term play (PnD) to get some volume and fees that would be applied to project A.
B is supposed to die fast, but will be 100% safe. Is this ok or not?
Anonymous Poll
46%
Yes, safe degen play is ok
54%
No, this is not acceptable
I have a feeling that the merge will give us a the desired spark. Hope so! It means that it's time to pick some real stuff , not retarded insidoooor larps!
A list of my personal red flags for fresh projects. If any of these present it will either be a scam, or you are likely buying the top and will be exit liquidity for the others unless you sniped it.
🚨🚨🚨
1. Dev doing ens before launch
2. Dev doing buybacks and stressing that
3. Launch is heavily botted
4. Your favourite callers say smth like "just came across", "someone sent me", "trying to find socials" etc about 100k MC in a second gigasniped project.
5. 0 tax, burned liquidity (may be exceptions, but in general it's a red flag for me)
6. Any type of larp of course
7. "Ruggable" contract, no fee limits for example, need to learn how to read code tho
8. NFT marketplace
9. *tokenname*swap, remember, even shibaswap is barely used
10. Capitalization on "team has experience in taking projects to 10/100/100500 bil MC"
11. Very high starting liquidity on a noname shitcoin
12.Dev burning supply from start
🚨🚨🚨
Even a project with all those red flags present may do some Xes, no doubts, just don't overestimate those. Every day I see in people chats bagholding such shit, saying "this goes to 5/10/100 mil mc". No bro, it doesn't. Take out initials at least.
Stay safe!
Will add some more if smth else comes to my mind.
I haven't been calling any shitcoin for quite a long time, cause I kinda don't wanna be that guy pumping his own bags. But I still degen almost every day, buy some rugs, ape tops, sometimes win. Are you interested in this or just leave as it is?
Anonymous Poll
73%
Yes, share some degen plays plz
27%
No, leave as it is. Enough "calls" around
Sooo, what do we see? Zero out of "Ryoshi involved" larps were true, but people still blindly ape every new one

Here's a good quote about it:

"Insanity is doing the exact... same fucking thing... over and over again expecting... shit to change..."
Getting some DM's about this "new meta" of projects, buying validators, proposing staking etc. Here is my opinion on this.
TLDR: if you want passive income, find something else.

So let's do basic math. One validator is 32 ETH and has APY of about 5%. This number will decrease as more validators will appear on the network.

So let's say you are sort of a whale in such project and own about 1% of supply and you staked it all. ((32 + 5%)-32)/100 = 0.016 ETH
So each validator owned by a project will bring you about 0.016 ETH profit a YEAR!!!
And now try to calculate your personal APY if you bought 1% of supply at, say 3 mil MC. And compare that to just staking those money on Lido. Nuff said

As always, DYOR on everything, do some math and make your own decisions. Cheers!

P.S. I wonder if devs of such projects know, what slashing is πŸ˜‚
Just joined POS-32 TG. Will I get banned for asking legit questions? About Shanghai update for example xD
Anonymous Poll
39%
Insta ban
42%
No, they will talk to you, then ban for "spreading fud"
18%
No ban, legit team, LFG 1 bil project
Shitcoin Guru
Just joined POS-32 TG. Will I get banned for asking legit questions? About Shanghai update for example xD
So those who voted for the second option, won, ggs πŸ˜‚

Did that experiment just because was bored a bit, but the conclusion is bad.
Pity to see that people blindly believe in every shit their "favourite callers" and "based teams" tell them. All the info about staking and the rewards is open, doing the math takes less than a minute.
Very convenient for the devs to be somewhere away, managing the announcement channel so no one can talk to them publicly.

That's one of the reasons of the current market condition. No one does any research, just ape. I don't mind aping a memecoin PnD, it's fun, sort of a casino, get some emotions, maybe earn some money.
But these false utility projects are much worse IMO.

Many people will lose a lot, believing in those false promises thus driving the volume from the market to the dev's and insidooor's pockets.
I wonder when this will end, I guess never.😒