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Jimmy X
@JimmyXKF
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Following
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Founding CTO @VelodromeFi / Past @Blackstone
Joined January 2014
RT @zxocw: @mechanikalk if we combine the process of price discovery in memecoins with the discovery of viral/useful content on social med…
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RT @cz_binance: TST got listed on Binance. A few thoughts: 1. CZ said “fundamentals”, then talks about a test coin turned meme coin. I po…
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RT @icebergy_: once armstrong hears kanye is going to drop hitler coin hes going to say thats only possible on solana
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The future of finance is already here, people are just upset that it doesn't involve them and/or their bags
I highly doubt this guy is posting in good faith but I’ll respond to this anyway since there seems to be a lot of confusion first of all, pump fun launched in January 2024, not April second, pump fun is just a product. It’s a reflection of market demand. If pump fun didn’t exist, someone else would’ve built a similar product that would’ve made it easy to deploy coins because that’s clearly what people want no one forced anyone into buying memecoins - they were popular long before pump fun and when pump fun launched, it grew organically. Not a single KOL was paid to shill the platform - people simply found the product to be that much better than the alternative one aspect that the CT hivemind is ignorant of is that a huge portion of retail traders never cared for “making it” - they simply want to try making a little money and have fun while doing it. From a product perspective, the excitement that comes from the pump fun ecosystem every day is unmatched. Most people with day jobs don’t give a shit about tech, they care about personal fulfillment as for “tech” alts, it seems that those that actually provided some value to holders performed spectacularly this cycle. but expecting the same playbook from last cycle to work again just doesn’t seem realistic, especially when people realized that the value proposition of most of these coins is similar to that of a pump fun shitter but with a low float, high FDV + massive VC bags the fact is that crypto’s maturing and that comes with picking and choosing your spots more wisely. I appreciate that people want to point fingers to justify the situation, but the truth is that there *isn’t* anyone to blame. Retail was burned too hard last cycle to just come back to invest in the “future of finance”
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RT @liangchen5518: Excited to introduce R1-V! We use RL with verifiable rewards to incentivize VLMs to learn general counting abilities.…
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RT @charliekirk11: The White House digital team deserves an award for what they have been pulling off.
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RT @boredGenius: Bunni v2 is launching *very* soon, and I'm super excited 🤩 Wanted to write about two no-bullshit reasons why I think it wi…
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RT @wassielawyer: My mum told me if I had a criminal record my life is over. She also told me to hang out with the nerds instead of the “b…
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