Solana Weekly #87 - Into The Trenches

What’s up everybody, it’s Thomas Bahamas and you are here for another episode of Solana Weekly where we will be entering the trenches this week and trying to make sense of them. You can’t avoid it, the memecoin warfare is in the trenches. Join us anon and let’s figure this out.First a shoutout to the Drip.Haus users for tuning in, and shout out to Papa Bearded for the recent note. Let’s grow a beard and hit the trenches harder than ever hit before. Now a quick note to everyone on Drip.Haus, I’ve airdopped you some coins. I used airship. Go to airship.helius.dev and go to “view your compressed tokens.” I got the Cali tokens for mentioning them on the show, so quick shout out to them. Also a quick sponsor note, I want to give a shout out to the Solana Wall team. They have a presale going on right now and you can join in at solwall_token. Solana is at $155.30 -SolEth - .0592 - up endlessly and will continue until a Vitalik blog is readable.SolBTC - .00228 - BONK - sitting at .00002423, 2.25 billion market cap and pumping. Loving the energy of the Bonkers on Twitter and they just got their ETP passed and it already has over $48 million dollars worth purchased. Overall the market is pumping and we are setup for some fireworks. We’re seeing those fireworks happen mostly on memecoins and we are going to dig right in.Murad - We’ve got ourselves a memecoin Jesus and he actually makes a lot of sense. Memecoins are not a vampire attack against crypto tech. They are a vampire attack against crypto tech tokens.4 types of coins BTC - store of value, stable coins, coins that produce revenues that produce cash flows, tokenized mini religions.Pumpfun - where tokens get launched, once they hit 50 or 60k, they get released and graduate to raydium.Moonshot - newer token launcher, similar but seems to have some rewarding for the top holders of a coin with Airlock.The software stack: Telegram, telegram bots, group chats.Bonkbot - great bot, interacts directly with contracts and super user friendly. Also going non custodial.Bullx - telegram bot also, but connects to a webpage that you can see graphs, set limit orders and research really clearly. This has been my favorite.MEV - bonkbot does this automatically and jupiter does, but Bullx you need to turn this on. Chart by market cap - we don’t look at the token price anymore, it’s all by the market cap. Graduates from pump.fun at 50k, it’s going to 100k, I guess it’s science.These coins act like leverage. That momentum can shift in an instant. Knowledge part is the hardest for me. Anyways, let’s see where this is going, find some cult tokens and take a stab. They are all super risky, so have some bankroll management, none of this is financial advice, and have some fun. Don’t get caught up in the gamble.I’ve been thinking a lot after my last interview with Daria and I want more! That was a lot of fun, got out of my comfort zone and learned a lot from it. If you have any interest in joining, reach out at [email protected] or shoot me a dm. I’ve started reaching out to a few different protocols/ people that I think are awesome in the space and want to keep it going. I’ve upped the marketing efforts from 0 to 1, so let me know if you like this direction and if it starts sucking let me know. I opened an instagram account, a tiktok account (still don’t know how that works) and I started a telegram channel t.me/solanaweekly where I’ll be posting some of my research and shownotes.Thank you all for joining in, this is Thomas Bahamas wishing you another great week. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thomasbahamas.substack.com