crypto

TIL there are 10K memecoins launched on Solana *every day*.

And about 9,998 are rugged by Sahil on day 5

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧ Nouncillor, Nouner, BuilderDAO community resident /builder

Crypto culture and markets | Newsletter & podcast: https://www.kaloh.xyz | Working on @indexy

He’s launched a zillion pump fun tokens and has been behind most of the celebrity tokens on there. He usually holds 90% of supply (not kidding — fr) in multiple wallets then rugs about 5 days in.

Experienced product manager — $1b in traded volume at businesses backed by YC, a16zcrypto, Volt Capital | Looking for my next role.

Not sure if he’s a founder — don’t think so —the dude who launches celebrity tokens and rugs 5 days later cuz he’s holding 90% of supply

Are you referring to the founder of Gumroad?