“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