Mails

“Every great cause begins as a movement, becomes a business, and eventually degenerates into a racket.”
This industry went from:
🔹 “We are going to fight the state and build a decentralized cyberpunk future…”
➡️ To begging CZ, Kanye West, Mark Cuban, Mr. Beast, Joe Rogan, and many others to launch a meme…
➡️ To getting rugged by KOLs and cabals—under the guise of philanthropy, influencer hype, and coordinated manipulation.
The $5B+ Meme Game
💰 Money extracted from memes on Solana: $5B+ (excluding CEXs & other chains).
• The real number? Could be $10B+ or even $15B+, but it’s well above $5B.
🔍 ICYMI: The Meme Playbook
• There are contracts where unknown parties pay celebrities/KOLs upfront, with the rest of the payment coming after they post on X.
• These posts stay up for a set time before they claim “I was hacked” or “I have no affiliation with this”—a rinse-and-repeat cycle.
• In almost 100% of cases, it’s either an actual hack or a paid contract to pump and dump.
The Industry is No Longer Cycling—It’s Seizing
🚨 These aren’t market cycles anymore; they’re market seizures.
• If you have to be glued to your screen every second just to avoid being “late,” something is fundamentally broken.
• The constant rotation, 24/7 FOMO, and endless parade of “next big things” are burning out real builders who are chasing a dragon that doesn’t exist.
• Legitimate projects can’t compete with pump-and-dumps disguised as “communities.”
Some Hard Truths
🔸 It’s not the scammers’ or insiders’ fault. They are doing what they’re supposed to do. It’s the community’s fault for making celebrities/KOLs/cabals the leaders of this space.
🔸 Stop making memes the priority over everything else happening in crypto.
🔸 This isn’t sustainable.
🔸 Most launches today are designed to steal.
🔸 Criminals & crime are NOT a positive for crypto. They shouldn’t be glorified, and their posts shouldn’t be liked & promoted.
🔸 Centralized exchanges need to care about reputation instead of just extracting fees & listing every viral shitcoin for short-term volume. You’re regulated & centralized for a reason.
🔸 If people on your timeline are defending this & triggering FOMO, unfollow them. They are farming you for their own gain. (If you need a list of who NOT to follow, search around.)
🔸 No one can rug you if you don’t buy obvious scams. Stop listening to KOLs, celebrities, and internet scammers. Greed is good… until it isn’t.
🔸 Don’t waste your life making some KOL/cabal dork rich.
🚨 Will this change anything?
• Probably not.
• CZ is shilling memes.
• Coinbase’s CEO is saying there are ~1M tokens/week, so we need to move from an allowlist to a blocklist.
#MileiMemeCoinControversy #GeopoliticalImpactOnBTC #MarketLiquidation

The cryptocurrency market is witnessing a surge in interest surrounding exchange-traded funds (ETFs) for digital assets beyond Bitcoin and Ethereum. Notably, filings for ETFs linked to Solana ($SOL ) Ripple's $XRP , Hedera ($HBAR ), and Litecoin ($LTC ) are gaining attention. Here's an overview of the current landscape:
Regulatory Environment and Potential Delays
Bloomberg ETF analyst James Seyffart suggests that the approval of ETFs for SOL, XRP, LTC, and HBAR may be postponed until late 2025. This delay is attributed to the absence of regulated futures markets for these altcoins, a factor that has historically led the U.S. Securities and Exchange Commission (SEC) to deny such applications. Seyffart notes that upcoming changes in SEC leadership could influence these guidelines, potentially expediting approvals.
Recent ETF Filings and Market Movements
XRP ETF Filings: Bitwise has submitted a registration statement with the SEC to launch the first spot XRP ETF, aiming to provide direct exposure to Ripple Labs' XRP token. This filing asserts that XRP is not a security, countering previous SEC claims, and emphasizes the token's operation on a decentralized ledger.
Hedera (HBAR) ETF Filing: On November 12, Canary Capital filed for a Hedera ETF with the SEC, expanding its portfolio in the crypto ETF market. This filing follows the October launch of Canary’s HBAR Trust, indicating a strategic shift towards altcoin-based financial products.
Market Reactions and Speculations
The anticipation of a more crypto-friendly regulatory environment under President-elect Donald Trump's administration has led to significant market movements. For instance, XRP has experienced a substantial increase in value, with speculation about potential ETF approvals contributing to this surge.
Conclusion
While the interest in ETFs for altcoins like SOL, XRP, LTC, and HBAR is growing, regulatory hurdles remain a significant barrier. The potential for a more accommodating stance from the SEC in the future offers a glimmer of hope for investors and issuers alike. Until then, the market continues to monitor these developments closely, with the understanding that regulatory approval processes can be protracted and complex.
#SOL, #XRP, #LTC, #HBAR

$BTC surged straight to our target as highlighted in the previous update, with Ethereum and other altcoins following the spike. The key question now is: What’s next for Bitcoin—bearish or bullish?
Next Probable Move for Bitcoin
Following a liquidity sweep during the recent and ongoing spike, there's room for a potential retest. Will Bitcoin dip lower, or will the pullback be shallow? We’ll get clarity during the NY opening. For now, Bitcoin remains bullish, and the focus should stay on the upside until proven otherwise.
However, the highlighted support range must hold to maintain the upward momentum.
Stay tuned for further updates on Bitcoin’s movement!
#BTCReboundsAfterFOMC