EricHSU_eth

GM☕️ $PAID Recently the market has been dropping pretty hard. X Money (X payment service) has paused payouts, and that really hurts the most core part of the narrative.

I think the turnaround mainly depends on three things: Xmoney payments resuming, the ecosystem continuing to run and produce projects that generate real heat, and fee growth leading to sustained buybacks and burns.

The official raised the buyback ratio from 20% to 25%, but the recipient’s share was also reduced from 80% to 65%. With the buyback share increasing, will creators’ motivation to participate be affected? It’s worth thinking about. When trading cools off, even higher ratios won’t buy back many coins.

I’ve been doing DCA (feels like I got stuck🫠), and I still have expectations for this play. Mostly, I just hope there’s a turnaround for the Xmoney side🤷‍♂️

PS: I hold positions, so my views inevitably have a bit of “the butt decides the brain”🫠

#MEME #PAID

GM☕️ Damn it, Claude’s account got banned—I’m going to hug Codex 🫠

These past couple of days have felt a bit dull. Just as I’m enjoying my vacation, I’ll slowly move over the AI resources and skills.

These past couple of days have felt a bit dull. Just as I’m enjoying my vacation, I’ll slowly move over the AI resources and skills.

GM☕️ On-chain liquidity has clearly been not doing so great lately, and my pocket keeps shrinking some more 🫠

This morning I scrolled through a round of info and only then realized that at midnight BSC put out a little golden dog, $GM. By the time I saw it, its market cap was already $2.3m.

The meme comes from that image CZ posted in the middle of the night: lying in bed, full of green light, with the caption “Soon”.

Why isn’t it “Soon”? Because the community dug up the exact same meme he posted last year—back then the caption was “GM”. After waking up, the whole account was green.

What a great meme—easy to get at a glance. Posting “GM” every day can be used; foreigners can catch on too. Missing it is really a pity, so with no other choice, I just had to jump in 🤷‍♀️

#BSC #GM

GM☕️ V, acting all suspicious—so you’re starting to write a novel, huh?《Snowmoon》 and you wrote 32 chapters in one go🤣

The money in the book is called zipcoin, and in your bookkeeping you write zc. The protagonist also has a local AI companion named Emerald (jade).

Last night, everyone used the book title, the currency, and the AI assistant to mint tokens—$SNOWMOON, $ZC, $EMERALD—so you had this whole table of them. The casing, different platforms, and different mechanisms got mixed up in a messy P spree🫠 (and even on BSC there’s a $Love token—supposedly the only one with a Chinese character that appears}).

Anyway, I didn’t make any money from it. Damn it—last night on Fomo App, the Gas quote was the highest at 80 U+. The lottery position was basically like donating🫠.

#MEME #SNOWMOON #ZC

GM☕️ Bitget was robbed this time of $351.6 million, but it just feels like the market was much quieter than it was during that Bybit incident.

At 2:31 AM, some hot/warm wallet activity showed abnormal outflows, and withdrawals were paused. The official statement said the cold wallets were fine, and that the $464 million protection fund on the books could cover the loss.

Why wasn’t this time as panic-inducing?

I feel like it’s because this time they didn’t break through the cold wallets. When Bybit lost $1.46 billion back then, it was the cold wallet—the safest layer—that was breached. Everyone was afraid it would become the next FTX.

But somehow, Bybit still managed to withstand roughly $4 billion in withdrawals, and even replenished the reserves. In a way, it proved to all the major exchanges: being hacked doesn’t necessarily mean you’ll collapse.

So now, is the market more mature, or are people just numb to a few hundred million dollars being stolen? I can’t really tell🫠

Anyway, exchanges are trading tools, not safes.

Not your keys, not your coins.

#Bitget #Crypto

GM☕️ Yesterday in Binance wallet, pPOLY Pre-Access

I clearly had a 2000 U allocation, but in the end I didn’t put in a single cent—so angry 🫠

First, I blame myself for having poor execution and not being prepared. My Alpha position allocation was only 60 points. Anxiaojun still hadn’t been set up. I could’ve had more quota, but unfortunately…

When I started depositing, I was calm and unhurried—I went up a few minutes late. Then when I opened it, my total allocation had already been snatched up 🤡

I honestly didn’t think things would be like this. In the past, token ICOs were oversubscribed, but why was this one first-come, first-served? I can only blame myself for being stupid 😭

GM☕️ This time, Truman lives in an AI-built world — $TRUMAN

1. Storyline

In the early hours of September 20, @WillTheRapper_, who previously worked at Flap, launched Truman World.

This is a continuously running AI world. The characters have memories, interact with one another, and form relationships; the world follows basic rules of space, physics, and cause-and-effect, but there is no fixed script.

Viewers can use prompts to change the people, objects, and events around Truman, but they can’t directly control Truman himself. For every $5 paid, the public stream adds 60 seconds; even after the live broadcast ends, the world keeps running.

Eight minutes later, the community released $TRUMAN on Flap. Note that the coin was not issued by the author.

At the start, the author even explicitly said he didn’t want the product to be tied to a token. But the first stream drew more than 4,000 visitors, and once the camera time ran out, the community kept urging him to take $TRUMAN.

That afternoon, he announced he would cover the transaction taxes and fees, and earmarked all future revenue to keep Truman World running.

A few hours later, the stream went back live again, adding Chinese translations and filtering for inappropriate prompts.

2. Personal ramblings

By this point, the project has developed a self-consistent loop:

attention → trading → taxes/fees → stream duration → new plot → new attention.

Fal’s MiniMax model has already shown “infinite stream” behavior before; I also P’d a couple of decent meme tickets earlier. But this time, I think this Truman ticket is more likely to break into the mainstream than the previous ones like Leihan Fal or similar.

Because Truman has a clear main thread everyone can latch onto, people can discuss Truman more coherently around that anchor, attracting more attention (liquidity).

For those with positions, please do your own research before speaking.

#TRUMAN #BSC

GM☕️ Last night Genius fun’s platform came out

@GeniusTerminal is the project that CZ is an advisor for; $GENIUS is also already live on Binance spot. I’ve interacted with it for real back then, so when I heard they released their new platform, I didn’t hesitate much and went in P.

Compared with Flap, there isn’t anything really new: Genius fun can connect a meme-firing platform with tokenized stocks. On BNB Chain, you can launch community tokens and pair them with BNB, stablecoins, or stock tokens, and graduate 15 BNB to PancakeSwap.

But getting into P last night was really uncomfortable. Two $GCATs kept flipping back and forth; I made a little, but not much.

What hurts the most is $GSTOCK. After it doubled and got back the principal, it was fine—then before bed, I got careless and cleared out all the leftovers.

In the morning I checked: 15m… I was stunned. Yeah, I did make money, but it still feels like I lost🤡

#BSC #MEME

GM☕️ Arc I really can’t do this anymore 🫠.

Yesterday I P’d all day, and even before bed my account was still in profit. I told myself that what I left behind were just coins from a few platforms, so it couldn’t be that bad—turns out this morning I woke up and saw I’d gone from profit to loss 😂

A few popular coins that were packed yesterday managed to give back most of the gains in just one night. On the first day of the new chain, there was no time at all to tell who actually had real substance and who was just propped up by emotions.

Robinhood Chain has already run through every kind of play there is; Arc and its fast-food style have followed along with all the various Rh plays—but for now, what’s been proven is only that day one can get people and money to come in...

Next I’m planning to do less PVP and find more PVE.

#Arc #meme

GM☕️ Arc Chain is officially live.

This morning as soon as I woke up, I hurriedly crossed over using Jumper, then started P.

After P until now, I looked back—my wallet balance doesn’t seem to have increased much either 🫠.

On the very first day of a new chain, there’s never a shortage of new coins—what’s lacking is a focal point that can pull attention, trading volume, and liquidity all together.

Next, I’m planning to slow down and observe first, and only when the leader really shows up will I add some. Being pricier is fine—at least don’t keep averaging in, averaging effort, and ending up busy for nothing again 🫠

#Arc #meme

GM☕️ The Standard Reserve public mint in the Netherlands has ended. Didn’t manage to get one 🫠.

When I clicked in, Cloudflare verification suddenly popped up. My hand speed is already slow—by the time I finished clicking, it was gone 😭

After researching for so long, in the end all I can say is it wasn’t meant to be.

GM☕️ The Cascade originally had to fight to secure deposit quota, but it announced yesterday that it has shut down.

After the vault was attacked in July, the official has restored users’ account balances to what they were before the incident. Remaining assets are still available for withdrawal.

I think the easiest thing to misread is treating all the excitement around grabbing quotas as product demand. Points can attract deposits, but in the end, the trading platform has to survive on users’ willingness to keep paying trading fees.

I didn’t manage to grab a quota back then, so I gave up on depositing. Looking back, that also counts as lucky—I didn’t have to go through the hassle after all 😂

GM ☕️ It looks like the cows are back

“Hold on, don’t bury it yet—the coffee hasn’t been drunk yet”

#MEME #牛来

GM☕️ Yesterday, $牛来 went live on the spot market, but when I woke up, $牛来 , $Haqimi, and $MARSCOIN all dropped together 🫠.

The three have each completed their respective phase transitions, and on-chain activity is clearly not as lively as it was the past few days.

That said, I don’t think this round is just over like that—I still feel like something big is going to emerge. It’s just not sure yet whether it will be a brand-new face, or whether someone among these few has gone through a round of accumulation and adjustment, then launches again.

New things bring novelty, and old faces also have the popularity they’ve built up along the way. When it’s lively, people are shouting. When it cools down, how many people are still willing to keep playing—that’s probably where you can slowly see the differences.

I’m still a bit期待. I wonder who the main character will be the next time things get lively on-chain.

#MEME

GM☕️ This morning the market feels a bit dull; I don’t know what to write.

I’ll just sit here and wait for something good to show up. I’m most afraid of this kind of situation—nothing really worth buying, yet you still feel like doing something. In the end, you just end up grabbing some random low-quality dog coin, and it’s purely paying for your own boredom.

Last night I did get in on that $4STOCK drama. My execution was a total mess, but at least I still managed to make some money.

It proves that bad trading and making money can sometimes coexist 🤣

GM☕️ Hunter Biden hasn’t launched yet, but last night on-chain already dipped in advance as a sign of respect 🫠

Former President Biden’s son is set to issue a meme coin, $LAPTOP, on September 9 on the Base chain. The name is taken from the old laptop scandal from back then—a narrative that was used as a meme by others, and its influence is big enough.

After thinking it through, where do I even have a chance?

Time, chain, and even the contract are all told to you in advance—there’s nothing really cheap to grab in public information. If you truly want to compete, it’s about racing the opening moments against the great scientists for those few seconds. They’re preparing the code; I’m just clicking the mouse. Honestly, that’s probably overestimating myself 🤣

As for the secondary market, I actually have the least confidence. With this much attention, it feels like it won’t be cheap when it opens—how many multiples can still be left afterward? I’m not that optimistic. A small position won’t make much. If you want to make money that feels meaningful, you’d need to multiply your principal—and in the end you’d be holding a large position betting that there will still be people willing to pay a higher price later. That’s just too much of a gamble.

Last night, you could clearly feel the liquidity being pulled away on-chain—maybe everyone is just preparing funds for it and doesn’t know it 🤷‍♀️. I’ve witnessed the power of a celebrity’s influence.

#MEME #LAPTOP #BASE

GM☕️ One night, two chains, two storylines — what a lively scene 😂

RH Chain: attention-driven drama

Vlad followed the official account of $MEME ; Hims CEO Andrew Dudum also followed the official account of $BONER, and his account follows only 8 accounts in total.

$MEME jumped from around 30m to over 100m almost instantly, and $BONER also pulled up from around 30m to 70m.

BSC Chain: commercial warfare

The new platform $Brew, by relying on “any asset can be used as a quote currency,” surged to 32m;

Then Flap immediately launched Quote Anything (any asset can be used for pricing). The market saw that $BREW’s most valuable feature — scarcity — was gone, and it got slammed hard right away, though it is now recovering.

I didn’t escape that knife either; the little bit of $AST in my pocket was nearly cut in half too 🫠

What was most interesting that night was that the two chains were pricing two different things:

RH is adding value to “hard-to-copy identity relationships.”

A meme tied to a stock token, then noticed by the company’s CEO, means a single follow can become the cheapest and most effective grassroots IR (investor relations).

BSC is crushing the valuation of “features that are too easy to copy.”

Code can be copied, features can be matched; if the platform has no exclusive traffic, no exclusive assets, or no recurring revenue it can continuously return into buybacks, then the so-called moat may only be one night ahead of competitors.

#RH #BSC #MEME

GM☕️ $SHROOM surged to 50m in 3 days — packaging meme as a stock-token “public LP”.

The breakout point for this mushroom coin was probably the Bear Chain Dev interaction. This token first formed a pool with $MU (Micron stock token), and distributed $MU to eligible holders, then later connected $NVDA, $MSFT, $SPY , and other stock tokens.

More trading → more fees → auto-compounding deepens LP → then absorbs more routing and arbitrage. The official site now lists 62 protocol LPs.

Multiple pools + fee compounding/burning are not its invention, but what $SHROOM does well is weave “stock rewards, liquidity network, meme” into a story that retail investors can understand at a glance.

A few key points:

If the volume comes only from $SHROOM itself, this flywheel is just self-amusement;

Only if Robinhood’s stock trading really continues to flow through it does the meme have a chance to slowly grow into infrastructure. 🍄

#Robinhoodchain #meme #shroom

GM☕️ Last night, ChatGPT, Claude, Grok—and even Cursor—started malfunctioning on a large scale. In about an hour, for the first time I got a very direct sense of it: without AI, I’m basically useless 🤣

I used to think I only used AI to boost efficiency a bit. Now when I “pump and dump” a random meme coin—everything from tracing the source, backtracking tweets, dissecting the narrative, to reading the contract and laying out the timeline—my first reaction is already “just throw it all to AI and let it take a look first.”

It’s not that I can’t search, and it’s not like I completely can’t judge. It’s just that I’ve gotten used to having AI do the first layer of dirty work, then I start thinking from the places it has already organized. After getting used to it for so long, even “where to start” has been outsourced too 🫠

Once AI was back up, I kept “pumping the dog coin” and ripping apart the narrative. But later, I’ll really need to occasionally shut all of this off and see how much judgment I still have left.

PS: Good news—once AI recovered, I immediately had it help me review and recap what happened 🤡

GM ☕️ One night passes, last night’s drama $JINQIAN hit a peak of 76m, and this morning it’s already been smashed back to 3.5m, headed toward zero 🫠

Farmmi is a Nasdaq-listed mushroom-selling company, and in its annual report there really is a variety called Jinqian (Money) Mushroom.

The project team structured the main pool as JINQIAN/FAMI. On purchase it charges a 1% FAMI fee, half of which is distributed to JINQIAN holders. The underlying stock FAMI also saw an explosive volume spike around the same time yesterday, with the narrative: "buy memes, collect shares, and at the same time squeeze the U.S. stock market."

But the FAMI in the pool is not an official Robinhood stock token—it’s an ERC-20 issued by a third party. There’s no official redemption pathway, and the so-called 1:1 stock reserve can’t be verified on-chain. So the JINQIAN buy pressure will not automatically become buy pressure for Nasdaq’s FAMI.

Still, the market proved that what memes need is just emotion—there’s no need for a real closed loop. Big brother bonkguy believed the narrative too, and once you buy in, it reaches the second wave.

Unfortunately, the next day there was only a pot of 3.5m mushroom soup left.

#meme #robinhood #jinqian