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$KING - MEXC LISTING
Recorded: May 19, 2023 Duration: 2:18:40Space Recording
Full Transcription
I'll see you next time.
Good.
Are you good, Konzo?
How's it going, man?
I'm just watching this.
Very good.
I'm watching this fat red candle right now.
Somebody sold it.
But it's funny because some people just react to the charts, but they don't actually look
into the alpha.
So I'd be curious to see how things change.
And immediately pumped after the release, though.
Yeah, I mean, that's normal.
You know, like, it was one person, I think, who dumped, like, large amounts.
So that's totally fine.
How have you been?
You've been cooking?
Lots of things going on?
Yeah, man.
No sleep.
Again.
How about you?
It's been good, man.
I'm just focusing on my IRL job.
But I'll be going a bunch of places in Europe for, like, three weeks straight.
So I'll be gone for a while.
But having fun watching what's going on with King.
Ah, cool.
Where are you going?
I'll be at the Europa League final.
I'll be at the Champions League final.
I'll be at the Nations League finals.
And then in between there, I'll be at the DFB Pokal final.
Nice.
Yeah.
What's up, Spoon?
Frank?
What's up, bro?
That guy dumped 17 grand in one go.
I was like, holy cow.
No, not 17.
He did it twice.
Yeah.
And I was like, this guy really, really thinks that's it, huh?
I was like, that's crazy.
I was like, oh, well, you know, take your tiny profits.
That's fine.
I think now is, like, a beautiful buying opportunity because I don't think we'll see these levels again, to be honest.
Not for a while.
So, yeah, like, a lot of people, they take this whole sell the news thing literally.
And it's like, bro, you guys are selling the tweet.
We haven't even listed yet.
I'm surprised, Spoon.
I was waiting for a red candle, and I was able to get in at the bottom of this candle about, wait, maybe about 40 minutes ago.
There was a red candle, and it started to go down.
So I took advantage of that and bought that one at, like, was it 3.14 or something like that, if I'm looking at the hour.
But, yeah, but then I didn't expect somebody to dump that much in fucking one go.
It's like that guy's been waiting for the Mech C tweet.
I had the same reaction, Spoon.
I was like, what the fuck?
That guy's been sitting there for, like, two weeks waiting for the Mech C tweet, like, just to dump.
Exactly.
Yeah.
That's healthy, man.
That's healthy.
I was expecting, like...
No, we need to get rid of these guys that have just been, you know, just waiting for that Mech C announcement.
Flush them out, like, so we can go up.
Let's go.
Especially before 400, right?
You've been saying 400 and 410 is really our biggest resistance recently, right?
So, yeah, yeah, yeah.
I expect we'll get back up there pretty quickly.
But there's a lot of people that are new to trading and they're scared now because they just see a red candle.
So, now they're selling the bottom of the candle, which is a big no-no.
Never do that.
You're just going to lose money and they'll be crying later.
So, yeah.
Yeah.
People just got to be patient.
New people come in and eat that candle up here.
We'll slowly make our way back up and we'll be even stronger for the next push-up.
Yeah, I don't think people realize, like, when a candle gets eaten up that quick that how, like, you shouldn't sell there.
Well, bro, it's also, like, people don't realize, too, they're used to Bitcoin charts, right?
So, when they see a big candle like that, they freak out.
And it's like, bro, like, it just takes one whale to create a candle like that on a microcap.
And it's not indicative of the health of the coin or the overall market.
It's just a flash in the pan, right?
But people don't understand that.
They think, oh, if that happened, it must mean it's going to go to zero.
And it's like, no, that's just – this has happened, what, probably twice in the last four days.
We've had some whales dump, and we've always bounced back from it.
I wish I had more to buy in, to be honest, but I bought in just before that massive 17K dump.
So, yeah, so we'll probably bounce off the 3.5 level.
This candle, I'm pretty sure, will close above that, which we've turned into support now,
and then start climbing back up again.
But, yeah, everybody calm down if this is your first time trading in a microcap.
Like, it just takes one big player to spook the market.
So, you know, this is where people that have been trading for a while take advantage of it
and get a cheap price, right, and buy those candles.
Gonzo and I have bought the bottom of now a couple of these big red candles
and gotten great entries, and looking back now, you know, we've moved way past that, right?
What price did you get in, Spoon, on that dip?
I didn't have any liquid yet, so ready.
I wasn't ready.
I was caught up with my pants down.
No, I mean, the last dip yesterday, I think, when it dipped to, like, 27, I think.
Oh, yeah, I got it right at the bottom there, yeah.
Yeah.
Were you guys able to, like, to buy when it was at 170?
Was it 178?
No, it was 270.
Was it 278 that it dropped to?
I thought it got as low as under 200.
No, no, no, we're talking about it yesterday.
Yeah, yeah, yeah, yeah.
I'm talking about in general, like, the massive, like, right at the bottom of the lowest candle that we got.
Oh, no, I think the lowest I got was, like, around 2.
Yeah, lowest we reached was 174, and I was able to buy it.
Yeah, I didn't time it that perfectly.
I'm not, I'm not.
No, no, no, no, but I'm just saying, I'm just saying, like, I think the range was, like,
one, from just under 200, there was buying opportunity between, under 200, which was crazy.
Yeah, I didn't, I don't think I got that low, but, yeah, somebody did.
But, yeah, so now we're sitting on, we're already back to sitting on support at 355.
So, yeah, we're already.
Yeah, I also wanted to mention the significance of MEXC in the meme coin world.
For example, Melody, the meme coin, like, they're doing the most, most volume on MEXC and Gate.io,
and those two are, like, our, our upcoming partners, and I think we're in the, on the good path of onboarding people outside of Solana,
because as we, as we can see, like, we reached our Solana top, basically, because, like, we, we did reach every, every holder within the Solana.
We've been trending, being number one within.
So, MEXC is the, MEXC is the gateway towards the, towards the Ethereum, Bitcoin, and all the, all the other, other chain Maxis, basically.
So, yeah, I think, I think we, we will see a lot of people who saw our, our name on Twitter.
We've been trending on Twitter also, like, two weeks, maybe, every day.
So, a lot of people know about Kink, a lot of people have been asking about, like, how to get into, how to become a holder,
and they've been trying to, like, purchase Sol, convert it, you know, and go through all the Phantom, Phantom stuff, and Radium.
So, I think this is, this is, this will be the best opportunity for them to get in tomorrow when the trading opens.
Yeah, I honestly don't think Pepe would have pumped as hard as it did.
What was that?
It's a lot of sold out right there with the sound effects.
I don't think Pepe would have pumped as hard as it did if it wasn't for the MEXC listing, to be honest.
I think that had a huge part in, in its continuation, up until its Binance listing.
So, but we've seen an increase in volume by $100,000 in the last, like, 45 minutes.
So, that's crazy that we've seen that increase that fast.
So, well, I, I think we might, I think we might get back up to a million volume again.
I got it.
Don't worry, Spoon.
No, I was just gonna, I was just gonna say, I think that the, the, there's a lot of people that are still saying that, like, King's a shit coin.
So, King, I'm glad, or Gonzo, I'm glad you're putting in the work behind the, the scenes to kind of cook some stuff and to make, you know, to actually come out with some stuff.
Like, uh, MEXC obviously was rumored, uh, and you had mentioned it and kind of, like, teased it, I think, in discords.
Uh, but obviously until official communication, you can't say shit.
Uh, so it's good to hear that, like, all of this stuff was coming, is coming together.
And, uh, yeah, kind of as Spoon said, like, the, to be able to push now to pass, like, this support and move into a new resistance could be cool for everybody to kind of see how King can do.
And then hopefully we can find, you know, the next level of buyer, you know, people that are actually more interested in the coin, uh, understand that you're, you're cooking and things are, things are to come.
And, uh, yeah, man, I think, uh, I think people are also pivoting away from shit coins now.
So it's actually a good thing. People are starting to, like, look at the NFT market as, you know, it's time to invest a little bit in these lower priced, you know, uh, NFTs.
And I think that's an advantage to you, right?
Because if they see you as a coin that they bought into earlier, I think a lot of people right now are looking at their bags and seeing empty coins and rug coins that are just, like, sitting in their wallet.
Um, which, by the way, King, we have to pump that up.
Well done on the sole incinerator, uh, partnership, right?
The ability to, to burn, uh, any shit tokens, NFTs, uh, or even clean up your, your wallet, um, for some of the accounts that are opened up.
So I don't know if anybody realizes that, but you know, every single time you open, you sell, buy, whatever it is, you open up a new account.
And then it basically leaves ones open for every, or like for every single either token or whatever it is.
Um, so you can actually close those and burn those and you get compensated for cleaning that stuff up.
Um, and you can do that in King.
So it's super dope.
What up, Miani?
Yo, what's up?
Are you guys able to hear me?
You're good, man.
Perfect.
Um, yeah, I mean, great, great that we've been able to get this announcement over the line.
And, um, I just think a lot of what you said is really interesting in terms of, um, you know, for us being kind of positioned as a meme coin, but having to kind of earn our graduation out of that, I think it's like the next phase.
Um, and it's just a mission that we're on now, you know, I think we, like for us internally as a team, it's like, how can we be more established as like an asset that people want to hold?
And how can we be a part of it?
And I think like, it's really interesting.
Some of the stuff we're doing, even in terms of like, in our discord, we have the trading chat, which is like a couple of guys who are giving like an objective view on how do you trade the, our own token, you know?
Um, and I think stuff like that really helps our holders and it's got, like, we've had a lot of holders who've been like listening to whether it's learning how to trade and learning how to scalp or whatever that we had on the spaces.
Um, and people have been scalping and taking profits.
And even when you look at the price movement, I think you can see a lot of people have been also taking profit.
Um, and I think that's like all super, super healthy.
So yeah, the next stage really is about how can we like build, build a community.
Um, where has this guy gone?
I think he got rugged as well.
Um, but yeah, building a community that is actually here to stay beyond the meme coin hype.
Um, are you back cozy?
Let me, let me give some of the people in here that are, are new to charting or watching the chart so closely, uh, a fun tip.
Okay.
I did this very early on in my crypto trading career because I was very emotional, right?
Whenever I'd see a big red candle, I could feel my blood pressure, blood pressure rise.
You have a natural emotional response.
That's the colors are made, the colors are made that way by default to instill an emotional response, right?
Green, you think positive, red, bad, right?
So, and, and, and I know a number of professional traders that still use these color schemes, but you can right click on the chart, go to settings and change the symbol colors to like, uh, blue for instead of green and then purple instead of red.
And that way, when you get a downward candle, it's purple instead of red.
And it, that actually has, uh, uh, a calming effect.
Um, and you won't get so emotional, uh, watching the chart, um, instead of seeing these big red candles and all this stuff.
And, uh, I did that for a long time in my early trading career to kind of train myself to become less emotional.
So, just a, just a cool little trip, uh, tip there.
Yeah, see, more alpha, um, and more, and more tips to our community.
I love that.
Thank you for that, Spoon.
Um, yeah, I just think like, it's, it's, it's an incredible time to be part of the King community.
This is not like, I was saying to someone, I was speaking to someone the other day and I said, this is the beginning more than the ending.
Um, I think that's really the opposite of what meme quads in the, in the Solana community have had to offer.
Most of them have had a lifespan of more or less a couple of days at best, you know, whereas for us, this is just the beginning.
This is just the start, um, and Cozy, you mentioned about NFTs and I wanted to just mention about that.
So, I think, um, next week we're going to do a raffle because obviously we already announced the partnership with FFF.
Um, and so next week we're going to host a raffle every day in King for a blue chip NFT.
I think, I mean, we're still like trying to finalize the order in which we'll do it in, but, um, we're planning to do like a Klaino, Mad Lads, um, SMB, I think at FFF and potentially a Smith.
Um, so that should also be quite fun.
You know, I think it's like people like, and, and, and, you know, I think even when we launched a lot of people in the NFT community and the Solana community kind of gave us a lot of stick and a lot of FUD.
And I hate talking about it now cause I'm over it, but like, it, like for me it was sad cause I was like, yo, we were from like, we are the Solana community as well.
And we love NFTs, you know, like most people in here do that shit.
I must have all these people muted.
I did not see FUD for two weeks.
Like, I don't know where you guys see this.
Like early on we did.
Did you know what it is?
I see people in like group chats sneak this in and like, I've seen a lot of people sneak this, you know what I mean?
I can read between the lines, but the reason I say that is because I wanted to just say like, yo, like we love this community.
And so our way of like trying to also share that within our King community is, is the raffle of the blue chips next week.
I think that could be quite fun.
Um, and if we can get like one of our holders holding King now can get into all these different communities, whether it's SMB, whether it's mad lads, et cetera, I think that could also be quite cool.
So that's another little bit of alpha I just wanted to share with you guys, um, cause we're kind of the, um, trying to discuss that internally, but also on top of that, the King we raised from that, I think the majority will also be burnt.
So that will also take quite a bit of King out of supply, um, whilst also rewarding members of our community.
And then we're just going to try and keep it going.
I think like NFTs that we fuck with, um, if we could get people who are pretty good at like the alpha calls with NFTs and we can like NFT communities or NFTs that they are bullish on, we'll just continue to continue to run, um, a raffle.
So people of our community can join, but over to you, cozy.
No, no, I mean, I think, I think there's a couple of things to look at it.
First of all, when it comes to FUD, I don't think really it was like FUD.
It's just people are saying that this is a shit coin and it's difficult to like, it's difficult for people to, to grasp what they see.
But why do we care about labels?
Like, so what if it's a shit coin?
No, no, no, no, no, no, no, no, no, no, no, no, but, but I, I, ultimately I completely agree with you spoons.
I think, I think that like, you look at it and you know, as somebody who's a coin of whatever you want, I don't care.
I mean, I, it's my first, it's my, it's my first season.
So this is my first time going through it.
Right.
So I can give a fresh perspective.
That's the only thing I could say.
And all I know is that from what I've seen is that it's hard not to, it's hard to break the image of what they see a coin being when, you know, everyone, regardless of whether or not they see how you break that, you break all time highs.
And then they, and then those people change their mind.
So you can't worry about trying to change people's minds.
No, no, no, no.
And it's not about, it's not about changing people's minds.
It's actually, as you said, like before, it's the fact that like, when we saw this dip, like someone's waiting, right.
To dump that bag because they think, okay, that's it.
Right.
Whereas if they, if they're listening, if they're paying attention, like any NFT project or whatever, right.
You could see that things are happening.
So if you look at the NFT market, that same stuff happens.
People hear something about a project, it throws things off.
I've heard some, you know, some FUD and negative stuff about certain projects.
And like that, it's fine if, if that's what some people feel like they need to do because they don't feel good about it.
And it helps them to feel better about doing that.
Cool.
But then if the project actually has like things put together and stuff that's going to happen, it's just going to do, it's going to do successful.
So I completely agree with you Spoons.
I think that King is working and, and it's a long-term hold.
It's not something like there's going to be scalps and stuff because it's still very much a coin.
But at the same time, it's like understanding that holding this for a long-term period of time, you know, Gonzo and the team are going to do everything they can to provide us with value, whether that's in raffles or however it is.
Sorry, I didn't want to make this about the FUD.
Apologies about that.
I'm not even going to mention it ever again because that was the point of the conversation.
The point was that we love Solana.
We love NFTs.
King wants to collaborate with everyone in fucking Solana ecosystem as much as we can.
And we just got an MEXC listing, which is fucking sick.
As you guys were mentioning, that's where Pepe started to take off.
Next week, we're going to celebrate and every day we're going to do raffles with a blue chip.
And we're going to make a buy-in prize that every single King holder can participate in that.
And just unite the communities.
I think that's like the most important thing.
So we're like having big wins and I'm just learning to just embrace it and celebrate it.
So shout out to the community because none of it is actually possible.
As much as like the team can get credit, the community get just as much credit because no one would fucking care about King if no one heard about King.
Do you know what I mean?
And you guys are raiding tweets.
We're trending.
We've been trending like two weeks straight now every day.
Like what the fuck?
Do you know what I mean?
So let's not focus on the minus negatives when there's so much more positives.
So let's fucking have a good time, man.
And let's enjoy this because there's going to be many more wins to come.
Yeah.
Listen, with anything like crypto, there's short-term traders, there's long-term investors, right?
And there's swing traders, right?
And then eventually when there's perps, there's people shorting and longing it.
So right now, right, like there's people that are the short-term mindset, right?
They're looking at historically what happened with BitMart, right?
The difference with BitMart is we were so parabolic that it was bound to have a major correction, like 70 plus percent.
And so I think people are correlating what happened when BitMart listed and the sell-off to the BitMart listing.
And I don't think that's actually it.
I think we actually, when you look at the Fibonacci lines, we hit the top as far as we could go, right?
So we peaked out, and it just so happened to be timed with the BitMart listing.
So I think some people are going, oh, well, the same thing is going to happen.
Next C is getting announced, and it's going to dump 70 percent again.
And so people are selling, which is fine.
That's their logical reasoning.
Some people are playing the game thinking like, okay, well, it dipped last time, so I'll sell now and I'll buy lower.
But I think what's different this time is that, you know, we've been building a strong foundation.
The chart has been looking very healthy.
We've already had a major correction after a head and shoulders.
And I don't think we're going to see those levels again anytime soon.
So I think these people are making a mistake if they think they're going to buy back in lower.
You know, I think we have a lot of support lines that we've created now over the last week.
And so I think it'd be very difficult to go back down to those, like, 2.5, 2.7 levels again.
But people are going to trade how they trade, right?
And so that's what's happening right now.
But I think what this is actually presenting is a great chance for a lot of people that thought they missed out when we started to sort of hit the 4,000 mark
and give an opportunity to get in lower here before we move up again.
So it's just the name of the game.
To be honest, I thought we were going to break 400 a couple times there, Spoons.
I was watching it, and I would –
It'll take a couple – I think it'll take a few tries.
Yeah.
Yeah.
But, I mean, I stared at it, and I was like, there was a few times I probably should have sold because we went just over 400.
But I was convinced that we wouldn't bounce, like, as often as we have, you know?
I caution people.
Yeah, like, I don't know, guys, what you said about the FUD and everything.
But, like, there are people, like, fighting right now.
Somebody dumped, like, 40K dollars, and they're saying these tokens were, like, sent from the team to this person on Sugar's tweet.
And, you know, like, spreading lies, and if you go through the – like, there's 200 people in the space, right?
If you go through his soul scan, you can see he was buying in chunks, you know?
So, this kind of stuff should not affect anyone.
But they – you know, they're spreading these kind of things.
So, just keep in mind –
Why do people think they're, like –
They think they're private investigator, blockchain investigators, and they don't even know how to read a soul scan?
Like, it's so stupid.
Yeah, he's got, like, blockchain developer in his bio, and he's not even traced it.
And I had to spend, like, five minutes now tracing to double check.
He was nobody from the inside team.
Yeah.
He was doing something behind my back.
McDonald's hamburger flipper slash blockchain developer.
Good job.
Yeah, it's funny to me.
And that stuff happens all the time where people are like, oh, look at this wallet.
And it's like, okay, but what are we looking at here, really?
But anyways, just FYI, we're sitting on the trend line right now.
And we're getting a lot of whales flushing out.
So, a lot of whales are selling right now.
But there's also a lot of big buys coming in, $2,000, $3,000 buys as well.
So, it's a battle right now.
This will probably go on for another couple hours.
And, yeah, this is what happens when you get a whale that dumps that much.
It just spooks a lot of people.
So, we'll see what happens.
I don't think we're going to see – I think we're going to see a lot more, man.
And it's interesting, Spoons, but, like, since you've, like, obviously educated a little bit of TA and some earlier on spaces, like, it's crazy to see how much of splash dolphins can make, let alone a whale.
People get spooked by a dolphin sometimes.
And, like, it's literally, like, animalistic behavior.
Like, they run – like, you throw out a little bit of, like, liquidity and it gets sucked up.
You know, someone freaking, like, sells a bunch and everyone eats up the liquidity, right?
Like, it's back and forth.
But what's interesting is, like, when a dolphin comes in and splashes, like, 1 to 3K or 2 to 4K or whatever that number is, or even more importantly, when a freaking whale comes in.
Like, this is the thing is people don't realize is, especially with a listing or an announcement like Mexi, all it takes is a whale to come in right now and splash, like, what is it, like, 10 to 20K.
And this goes above 400 easily, right?
So – and the coin has been holding stable.
I wanted to say that.
Like, I don't know – there aren't many charts that you stare at and, like, pretty consistently it's going between two numbers.
Like, unless you're talking – like, to be honest, like, maybe Solana right now, it's been bouncing between 20 and 22 or 23.
Yeah, but Solana is a stable coin right now.
But that's what I'm saying, though.
But that's what I'm trying to say is – can you not – like, correct me if I'm wrong.
You're more the TA person.
But if King has not really gone on a massive dump, it's between about 330 and 400 for the last little bit, right?
Like, is that not a good sign?
Listen, all I can say is zoom out.
Look at the four-hour chart.
And it looks super bullish.
So, like, that's all I can say.
If you're staring at the 30-minute chart or the 15-minute chart, you're going to freak yourself out because you're losing perspective.
So just zoom out and relax.
We're bouncing off major support.
We have, like – we have a major horizontal support and a trend line all at the same area that we're resting on right now.
So – and the thing is, guys, even if – let's say we do lose this.
If we lose this and go back down to 2,700, did you see what happened last time?
In 30 seconds, that dip got eaten up.
There's people waiting down there with liquidity to jump in.
Like, so, you know, regardless, like, it's – it's just – this is just not a big deal to me.
I don't know.
Like – and I know a lot of people are new to being in a micro-cap coin like this and the volatility and stuff like that.
I'm not discounting, like, how, like, the ups and downs can be.
But you've got to zoom out.
You've got to relax.
Go touch some grass or buy.
Like, sometimes the biggest cure to seeing a scary red candle is you buy into it.
And then, I don't know, like, that's – like, if you, like, train yourself to get excited when you see those things happen instead of getting scared, like, you can have a counter effect, right?
You're like, oh, this is an opportunity, right?
And that's why I tell people maybe try changing your chart colors because then you won't see a big red candle.
You'll see a big purple candle and you'll see – be, like, oh, that's an opportunity I can buy here, you know?
Yeah, I immediately did exactly what you said and I changed the colors on my freaking thing and I'm not going to lie.
Like, mentally, it's a lot less stressful.
I'm not going to lie.
And, like, I mean, especially using some of these charts that you said, like, obviously, we've made this a lot about TA.
But I think this is more like education, right?
Like, a lot of people haven't – like, don't really recognize, like, what a healthy chart looks like.
And, again, I wouldn't say I know either.
But from what I'm looking at here, from what I know based on Fibonacci numbers and all that stuff, like, you look at, as you said, the four-hour chart.
And it does look really good.
But, like, I think it's very easy to get, like, narrow vision, right?
To look at the short term of something.
And I think at this point, if you saw what we bounced off of, which was, like, we were talking before, joking before, that we went as low as one – I think it was 174.
Yeah, I think that's what it was.
Like, and then now we've bounced back up and we're up, like – in the last day and a half, it's gone up 63%.
So that means that regardless of whether people are scalping or selling or not, they're still – you know, they're still bullish on King and bullish on Gonzo and the team and what's about to happen.
So let's see.
And listen, a lot of these people selling, they're going to buy back in later.
I guarantee it.
So that liquidity is going to come back around.
If we crack the 4,000 level, there's going to be people get FOMO and they'll buy back in who's sold here.
So it's just what happens, you know.
But if you guys don't know, in the Discord channel, it's in the Linktree link in the profile of the KingCoin account.
And if you go in the Discord, there's a technical analysis channel.
And we have four or five of us posting our charts.
And we do analysis.
Each of us kind of do micro or macro analysis a little bit differently.
So you kind of get a different flavor.
We've also been posting links to tweets that some guy was doing, wave theory, which I'm not great at.
And so we posted that.
So if we see people posting charts on Twitter, we'll post it in there.
We'll post everybody's opinions.
Sometimes, you know, we're not on the same page even.
And you can see, like, how you can look at TA differently, right?
And two people could see it a little bit differently.
And that's the fun of it, right?
So check it out.
Technical Analysis channel.
We post in there regularly.
And we do some fun memes, too.
Like, I've created different bosses at different levels.
So at level 3,500, we had Bowser from Super Mario Brothers.
And we defeated Bowser.
And if we make it up to level 4,000, the level 4,000 boss is Mike Tyson from that boxing game, the Nintendo boxing game.
And then you guys are going to flip your lid when you see level 4,600 boss.
It's going to be a tough one.
So, yeah.
So we're just having fun with it.
You know, we're trying to make it entertaining.
So it's like a trade competition.
Trade competition?
Like, you're talking about – sorry.
Did I misunderstand the idea of what you just explained?
I was just saying that there's different chart analysts in the Technical Analysis channel.
So we have different types of charts that we're posting regularly in there.
It's a good way to, I guess, like, test and see what people see, I guess.
Yeah.
Well, people use different TA techniques, right?
So some people use Elliott Wave Theory.
Some people use Fibonacci.
Some people just use trend support and resistance lines.
Some people use a lot of different diagonals and do more macro analysis.
And so we have, I would say, four or five very different ways of charting.
And so we're sharing those in the Technical Analysis channel.
So – and that's good because not everybody has the same brain, right?
So you process things differently.
So the way – if it was just me posting my charts all the time, like, there may be a chart that another guy posts that makes more sense to somebody.
Or, like, that analysis, you know, they could process it better than my chart.
So I think having the different flavors is beneficial to everybody.
Well, we have a few people on stage, so we can definitely see how everyone's doing.
Who's going to miss it up here?
The Frank's been sitting up here for a while.
What's up, The Frank?
You good?
How you doing, my king?
No, no, no.
Going once.
Going twice.
Sold.
What up, Zero?
Yeah, this is good news.
I mean, compared to what I was dealing with yesterday when I was watching the other coin.
Yeah, I mean, oh, here we go.
Blazo's pretty good on the TA as well.
But, yeah, I mean, I don't know much about this.
But, like I said, the fact that an announcement like this is good, I mean, and the fact that, you know, Gonzo's mentioning that it opens up kind of the floodgates to different, you know, blockchains.
I know there is this comparison going around in Gonzo.
I don't know if you realized it.
Niani's still up here, too.
Do you guys know – have you guys been hearing the same thing?
But what I've been hearing a lot of is that Sweets is apparently the Solana token, whereas King is the other ecosystem token, which I'm very interested to hear because we're doing – you guys are doing so much in Solana.
It's super weird.
Like, obviously, you're trying to branch out and kind of bring liquidity from other chains.
But there's so much going on.
You've also, like, built it on Solana.
So it's actually bringing attention to Solana.
I've been hearing that on the low.
But, like, I don't know.
Like, Sweets – I fuck with Jay.
Like, he was one of the first people I met in real life from this space.
So, like, there's crazy love.
And so I don't really have, like, a bad word to say or, like, anything that I can really critique about it.
But I think, like, their branding is super sick.
Like, in terms of them being the Solana coin and us being, like, the other – bro, I'm not going to lie.
I just feel like a lot of people in the NFT space and the Solana space, like, inherently didn't fuck with us.
And I don't really know why, if I'm being honest.
But they've picked who they prefer, isn't it?
And they've picked who they kind of want to make up with.
Yeah, but, guys, this happens whenever you have people with a D-God start something.
This happens all the time.
Like, oh, well, it's a D-God's team is doing it.
And it's like, well, no, it's D-God's holders that happen to be making the coin.
But, like, that's a narrative.
We see it all the time, right?
So they got a lot of hype because every – I would never hear just Sweets.
I would hear Sweets run by the D-God's guys.
And I'm like, what does that have to do with anything?
But, okay.
I get that.
But they're doing a lot, too.
They have a lot of partnerships they're doing.
And the thing is we need more.
We need more Sweets.
We need more King.
We need more of these coins like they have on ETH that get listed on Binance that bring people to the ecosystem,
that make people aware of SPL tokens and that you can be profitable on an SPL token.
So, like, this is all good.
Like, rising tide lifts all boats, right?
So the more successful Sweets is, the more successful King is, you know, the better for the ecosystem.
I agree 100%.
But I think, like, if I'm being honest, like, some of the people – I don't think it's –
I don't want to hear about other people.
I'm really tired of hearing about it.
No, no, no, no, no.
I don't care what other people are saying.
Of course, of course.
But the question was mentioned about, like, what other people are saying.
So it's only fair to address that, right?
But I think, like – what was I going to say?
Like, the analysis of, like, okay, Sweets from the Gods team, it's from people who are, like, pretty intelligent in this space.
And they, like, make very informed decisions.
So I do agree and disagree with that.
But also, I think there is – like, like you said, we need more of this.
So, which is why I'm, like, I'm not actually mad about any perspective.
I think, like, Sweets are doing a fucking sick job.
And we are too – and the competition is healthy.
And actually, it's not even competition, you know.
I just think we're both – we both did a great thing in the same space.
And I fuck with them and I fuck with their team.
Respect what they do, et cetera.
So I don't really have a problem necessarily with that comparison.
Because we do have people in our community from other chains, which is also true, you know.
We have people here who are from ETH and Hedera.
And it's their first time they've ever interacted with an SPL token.
And we did that.
So I think that's also something to be proud of.
I think for the record, like, this – and this needs to be said.
That's not what I'm trying to do also with comparison or contrasting with other projects.
I think what I'm trying to say is that there are a couple tokens that are trying to stand out amongst all of the, quote, unquote, shit coins, meme coins that are trying to fix themselves as something that's actually trying to build, something that's trying to create, you know, some foundation.
And that's not going to just suddenly rug.
That's all I was kind of trying to say.
And I think the comparison, obviously, you have these little rumors and these little comments that are made and being aware of what's being spoken and what's being said.
And then addressing it and understanding that, you know, it's not a negative thing.
You know, it's one thing to say, of course, like, focus on the task at hand and, you know, keep moving forward.
But I think also, like, being able to recognize that there's going to be FUD and you just have to understand what's considered random things that you can kind of take seriously and what's things that are just being shot out there just to make you – to influence the market, right?
So we have other people on the stage as well.
So, you know, I think – let's go to Kerpik Bob.
Kerpik Bob, how are you doing, Crown?
I'm good.
I'm good.
How is everyone?
Yeah, a lot of it is just noise, though, what we're talking about now.
It's just irrelevant in the grand scheme of things.
It's just noise.
It just takes up – it's just distraction.
But, yeah, no, when I joined, I was going to join and talk a little bit about the TA and what Spoon was saying about candle colors.
I actually like to use the hollow candles and change them to white so then the pumps are solid white and then the drops are empty white.
I find this really good.
It stops me stressing out as much.
And another trading pattern I would like to do with King is actually I've pulled a Fibonacci from the first high that we've had to that massive dump that we had and then drag that all the way out.
And you'll find if you combine the RSI with the Fib levels and buy and sell on the bounces, it's been almost immaculate.
If you look back through the time –
Yeah, they are hitting those key levels perfectly.
It's perfect.
Yeah.
And it matches up with the RSI being overbought or oversold.
It's like real simple trading.
You can do scalping on the short and mid-term sort of levels.
But, yeah, that's all I was going to sort of hop in and say.
And congrats on the Mets C.
That's fucking huge, man.
It's huge.
Yeah.
I'm just laughing at, like, how zoomed in people get.
And it's like, you know, when we hit $16,000, you're going to be laughing at these little red candles that seem so big right now.
You're going to go, oh, I freaked out about that little thing, you know.
So, yeah, it is what it is.
But, yeah, we're still – we're just resting nicely on the trend line.
And everything is looking Gucci.
And we're getting some big buys in, too, still.
So, I'm probably – in 10, 15 minutes here, I'm probably going to go ahead and make another buy.
I'm just waiting on a transfer.
But, anyways, yeah, so check out technical analysis.
Check out the Discord.
Come and meme with us.
We've got tons of memes, meme makers.
We've got the raid, the raidbull.io where you could go make king raiding.
And I still think we crashed the platform yesterday when it went down.
I think that was us.
But I'm just biased.
Yeah, I mean, I'm just – I'm looking at this.
And I just took the advice from Gurt Big Bob, actually do some whites and whites.
It's super cool how to see some, like, the solid white versus the empty white.
It's a decent look as well, Gurt Big Bob.
It's nice and clean.
You put colors up and top.
It takes all of the stress out of it, honestly.
Yeah.
You don't look at the colors.
You're not getting that psychological.
You know what it does?
It's kind of like creating, like, a black and white painting versus a color one.
Like, you know, like, a black and white painting would kind of, like, not really pop as much.
And you can focus a lot on the detail.
Whereas the colors, if it pops out at you, you're, like, mentally, like, emotionally affected.
And some of these pro traders make all the bars the same color, even.
Like, they don't even have different colors for the bars.
They just make it one flat color for all of them.
And it's always interesting to see these guys post their charts
and to see what color schemes they're using.
I like this.
Thanks, Gurt Big Bob.
That's great.
Yo, what up, Blazo?
How you doing?
I know you're a TA Maxi as well.
Hey, man.
Yeah, I wouldn't say a TA Maxi.
I've got a few strategies that I like to use.
Like, I'll just sit back.
And if they hit a couple indicators, and that's what I like about Sportacus was talking about.
Like, everybody kind of plays their TA a little bit differently.
And you find kind of, like, what works for you, depending on how patient you are and everything.
But, yeah.
Yeah.
Also, Spoonacus, you mentioned the bosses that you spawned in that room.
And it just reminded me.
Like, I've just been coding and coding, and I've had my head down, and, like, just basically smoking weed and coding.
And I just finished this game that I've been talking about.
It's a Web 2 game right now.
It's just a fantasy-based, like, role-playing game.
And there's a server boss that's up, and you do damage to it.
And every damage you do to it is, like, a raffle ticket to win King.
You win Solana and King.
So, I finally got King integrated into this game that I've been talking about.
So, like, version 1 is done.
It is Web 2.
There's no download.
There's no, like, connecting wallet.
There's no email confirm even.
It's just, like, you just need to create a character name and log in.
And then, like, you can attack the boss.
And, anyways, I'm giving away 25,000.
The boss right now is dropping 25,000 King and 1.1 Solana.
So, when it's dead, it will be raffled off to the people who did damage to it.
It's kind of an extension of the Twitter quest that I've been doing, giving away King and giving away Solana, like, building storylines.
Have you been working with Gonzo to get, like, that announced in the Discord or anything?
Yeah.
So, I didn't really want to talk about it until it's finished.
Because, like, honestly, like, I think there's too much of, like, people that just spend tons of time, like, hyping up what they're doing.
And it's cool to bring awareness.
But for me, it's, like, I'm not a team.
I'm just a dude.
And I just want to get something working and then kind of, like, let you guys know.
So, I just did, like, a soft launch on my Twitter quest.
I've got, like, 10 players in there now that are attacking the boss.
You can attack the boss, like, once every hour.
And then you can also, it's called NFT Quest.
And you can also, like, do quests from NFTs to get experience and level up.
And I've got a roadmap and stuff.
But there's never going to be a token sale.
Like, I don't need money.
I, like, I'm from 20 years experience.
I've already made my money.
But I just fucking love King.
And I love the community.
And I want to do my part to help it grow.
And it actually fits my game perfectly.
Because it's a fantasy-based game.
I got the Solana King.
In there as, like, a Quest NPC.
And, of course, my profile picture.
And, obviously, a big Solana bull.
So, yeah.
Thanks for letting me share that.
And I didn't mean to sound like I was showing anything either.
Because I had been talking about this for a little while.
I just want to make sure people know how to participate.
Yeah, nice.
There's a link in my profile now.
But I'll message Gonzo now that it's, like, done.
And you guys can obviously check it out.
Make sure that it's, you know, it's legit.
It's very, it's just a PHP app.
PHP MySQL right now.
But all safe and secure.
But, yeah.
So, thanks.
I appreciate it.
I'll reach out to him.
But, yeah.
I'm just kind of, like, like, I've just been in the, just working so much.
I haven't really kept up.
So, it's nice to see all the Kings still out there kicking ass.
And King itself to still be alive and thriving.
So, really happy to hear it.
And, yeah.
Thanks.
Thanks for having me out, man.
Thanks for sharing.
Jeez.
People really selling the news.
But, yeah.
No, I mean, it's been, it's been, honestly, for me, King has been kind of Gucci now.
As we were discussing with Gonzo and that, I think now I don't, I kind of just turned off my brain from King for a while.
And it's, like, that's what I was saying.
It's kind of, it was kind of, like, trading, like, Solana almost, like, well, at least how it has been lately.
Where it's been stable between, you know, the price point of about 300 and 400.
Obviously, that's a big range.
But lately, a lot more above, like, 350.
So, it's actually been doing pretty well.
And I think that's, that's ultimately a good sign.
It means people have, people have conviction.
It's just that they're playing the, the fact that it's charts and they're scalping.
And I think that Garbig Bob said that himself.
It's a pretty consistent chart.
What up, Zero?
Yeah.
Yeah.
I mean, when it comes to listings, I'm, I'm looking for, you know, when, once it catches on, it can be, like, a monster spike.
But also, at the same time, that's, like, this is a Solana coin.
So, we're seeing what happens when there is this listing.
And I see it, like, Lego, you know, like, building blocks.
Like, you need to get this and a bunch of other listings out of the way before you eventually catch the attention of, like, Binance and everything.
Right?
So, anyways, I think it's all progress.
It's really good progress.
Sorry, I got caught up there.
Trying to follow this.
Changing my colors around too much now.
I don't even know what, what color to stay on now.
It's like, wait, what color is this supposed to be?
I have no idea.
Yeah.
Yeah.
No, I mean, I mean, listen, I think, like I said before, I think we are transitioning into a period now where people have to, like, pick conviction plays.
Like, it's enough time to, like, throw, it was enough kind of throwing money around with shit coins and playing that season.
I think we're coming to a bottom now.
So, it's time to start thinking about what, like, what may or may not have utility.
You know, Bonk made the first play for that.
I think Bonk has been doing pretty well, but then, you know, had a bit of a dip.
It hasn't, though.
It hasn't.
Let's be honest.
Like, Bonk does not have a community.
Right?
They did great marketing.
They got a lot of outsider from the Cabal and people from ETH to come in and pump it.
But it was a pump and dump.
Let's be honest.
It hasn't done anything since then.
And they've been trying to integrate with projects and do all this stuff.
And it hasn't pumped the price at all.
And it had, like, a 20% relief rally after hitting absolute bottom last week.
And it took it five days to go up 20%.
And then it ran out of steam.
Like, it was absolutely depressing.
So I think that this is – King is the opportunity to really, you know, show that we can get up to a 20 million, 25 million market cap above Bonk and really take on steam from there.
And so I think this whole misnomer that Bonk is somehow, you know, this Solana ecosystem – sure, they did a great thing.
They helped revive and bring back sort of the, I think, NFT rally sooner and get people back after such a bearish time period.
But, you know, SamoCoin's been around forever.
We have established, like, other coins that have been established that have been around for a while.
And Bonk has yet to prove itself, in my opinion.
So I don't think we should just hand it over this label of, like, oh, well, Bonk is the Solana SPL token.
Like, no, it's not.
It hasn't done shit.
Like, it has no community.
Like, build a community around it.
Start getting people excited about it.
But they haven't been doing anything.
And what I'm seeing here in King is totally different.
And it's not to shit on Bonk.
I'm just stating facts, right?
Like, you know, like, outside of, like, their partnerships that they've done and stuff like that to give people Bonk for doing certain stuff, is there a Discord?
Is there anybody doing anything, like, with the community?
Are there Bonk memes on the timeline?
Like, you know, I don't see any of that.
No, no.
I think ultimately that was – Bonk was very well hyped, as you said.
Had a great marketing launch.
I think the fact that everybody had it in their wallet helped to want more of it in your wallet, too, I think.
Which is ultimately what Gonzo and Yanni have been doing and the team have been doing, which is putting small amounts of King into people's wallets
and having them used to seeing King.
And then let's just be fair, you know?
Wait, what?
What are we doing?
Gonzo, what is it if we're doing?
If you look at the way that he's – the way that we talked about Liquid cleaning up people's wallets, for example,
and exchanging, like, old NFTs and old tokens.
Well, you've got to be careful here.
You've got to be careful, Cozy, because –
I think you guys – I mentioned it already before, so if people were following the content.
Yeah, but you made it sound like they were airdropping, and that's not what's happening.
I wasn't – I didn't make anyone sound anything because I didn't mean that in any way, shape, or form.
If your head went there, but fair enough.
I mentioned it before that a bunch of people now can burn shitty NFTs and their shitty shit coins
and whatever shit they have, and they can get King from it.
And by having that in your wallet, it allows you to basically have an awareness of, like, what's going on with King
because you're like, oh, wait, shit, what's the value of this token?
And then as you're watching it, you're seeing, like, that it's gradually increasing,
and you might throw, like, a small amount of into it and then start to grow some conviction
and be involved in the community.
So I think that's why Bonk had such a good effect at the beginning was because it was airdropped to people's wallets,
and a lot of people had it.
Now, it was pushed by influencers and stuff, but the fact that I, like, randomly opened my wallet
and I saw, like, an amount of it in there made me kind of want to be interested in it.
So I'm just saying that the presence of it being in your wallet, regardless of how that happens to come,
it allows you to be more aware of what's going on with that token.
My other shit tokens that I got randomly airdropped and stuff, I don't follow them,
but I always, like, double-check to see what they're worth.
So sometimes if you're like, oh, crap, that thing's worth actually something,
it's gone up, like, whatever, you might actually start to recognize that, like,
there's some growth happening here, but correct me if I'm wrong.
Gotcha. Okay. Yeah, I just want to make sure people don't think we're airdropping anything.
And, yeah, the incinerator thing is cool.
I just did it, by the way, while you were talking about it earlier,
and I went incinerator. I got, like, 6,000 king tokens for incinerating
or closing some accounts or whatever, yeah, so doing the cleanup.
So that was pretty cool. Some free king, I'll take it. Not a problem.
So I think we have, you know, the funny thing is, is, like, people are selling on the Maxi news,
and it's like, guys, this is just the beginning.
We have some stuff coming up with some other exchanges.
So, you know, this isn't, get used to it.
This is, you know, this is going to be something that we're going to start seeing more of,
you know, as we grow.
So super excited to see what the next announcement is as well.
And I think as we do more of these, you'll see less and less of the sort of sell the news
because people will just get used to it at that point.
Yeah, what up, Joe?
Yeah, I think there's some, like, especially, like, it looks like direct correlations.
Like, there's a bit of Pepe macro going on.
It's kind of funny. It's, like, Pepe's, like, kind of, like, the BTC of meme coins.
But, yeah, I mean, I do think there is, there obviously is a lot of people into Pepe,
and when they don't see that going the right way, it kind of trickles out to the other coins,
regardless of their utility, and throws a little bit of bearish sentiment around.
So I really think, you know, I keep watching Bitcoin and Pepe at the moment.
Yeah, Pepe has bled 30% in the last eight days.
I know because I've been leverage trading it for the last eight days and making a little bit of money shorting it,
which has been frustrating some of the Pepe holders on my timeline.
I actually, I said something to the effect that Pepe just lost a major support line,
and the next major support was at XYZ.
And this guy, this Pepe holder replies to me and says, bullshit!
And I was like, well, what do you mean?
I'm just, I'm just reading the chart, like, people get very attached to their tokens.
What up, Dr. Solana?
Doc, doc, doc!
How's the dentist?
Yeah, I heard that Cozy was saying stupid shit up here, so I had to come up here and try to...
Nobody said stupid shit.
I don't know what the heck people are talking about.
It's a misunderstanding.
But, yo, I agree with what Spoon's saying.
This is just the beginning, guys.
Of course, there's going to be by the rumor, sell the news kind of moment with this listing.
But, yeah, we're here vibing.
I was up till, like, four hours ago and just went to bed.
I slept, like, three or four hours, but I had to wake up for the listing here, so...
Happy to see it.
And, yeah.
First time hearing Zero speak, though.
Bullish.
You haven't heard Zero before?
No, I don't think I heard him speak before.
I've seen many of his threads, and I was in his, like, psy-op space yesterday, but...
Crazy shit that's going on.
But, um, bullish.
You know what's funny?
So, like, a lot of the time I talk in this, like, really crappy, tiny phone, and so the speakers and the microphone's busted.
So, this is even how I sound in real life, but I got to fix that.
I needed, like, a wireless mic or something.
But it's funny.
I listen to these recordings, and it's not my voice at all.
It's a damn mic.
But if I sound fine, that's good.
But, yeah, it was a very wild day yesterday.
Not just because of macros.
Like I said, like, if you look at BTC right now on the five-day, and BTC really kind of lays out the market for coins, especially once you hit a DEX or a SEX for trading, BTC starts ruling kind of your macro, is that it is down over five days.
And I think that really didn't help the PSYOP launch beyond the pool setup and everything.
Like, the way the liquidity pools are set up, I did send out, like, this really big tweet yesterday telling people just not to buy it for good reason.
I don't think you had this problem or you have this problem at all with King where someone tries to buy and they can get rerouted to a very bad price.
And it was just because of the way it was set up initially.
Yeah.
Zero, I don't know how somebody can't notice you.
You've been in these spaces for a bunch of times, and you put a ton of threads up, and then you post them up in the top.
You're like the thread show dude, but, like, it's good thread, so it's lessened stuff.
But, yeah, happy to have you up here.
Have you been – this is like a whirlpool downwards right now.
What is people selling the news?
This makes no sense.
What up, Digi?
Yo, what's happening?
Just got out of a meeting, but I've been listening in.
Great conversational points thus far.
Just wanted to give Flowers to fucking Zero, dude.
He's been absolutely killing it.
Seen him in a ton of spaces.
Obviously, his threads have been, you know, just super informative and helping a lot of people.
So just wanted to give those Flowers where they do.
But what's up?
What are we doing?
What's happening?
No big deal.
King got dropped on Mexi.
We're talking about the aftermath or what's going down.
And people selling the news.
So otherwise – but everything's great, man.
Everything's going well.
Oh, a whale just spent four grand.
There you go.
Not going to lie.
This is whale bait right now.
It's the same whale who dropped, like, two grand a few hours ago.
Is it really?
No, no.
It's not the same guy who dropped, like, 34K.
Oh, no, no, no.
He dropped, like, 6K, and he's buying back in now at the lower price.
So that's what people should understand and expect and, like, don't let them, like, make you fearful, basically.
So I think this is interesting, Gonzo, because, like, mentality-wise, regardless of colors or not,
when you see a chart going down, your natural inclination is sell, sell, sell, sell, sell, sell, right?
Like, so – but it's interesting because, like, the buy entry point, which was at the bottom of – like, what was it?
Like, 350-ish, 360-ish has been for, like, the last, I don't know, day or two.
And then now, you know, it's dumping.
So, like, your last – your first, like, thought is, like, sell.
But, like, I don't know.
Do you guys think about this?
Maybe Spoon can say what he thinks about this.
But, like, do you – is this, like, whale bait?
It's not dumping.
No, no, is this whale bait?
That's what I'm saying.
Is this whale bait?
We are above the trend line.
We are above where we were eight hours ago.
So, yeah, I mean, that's normal, you know.
Like, some whales who bought the news, who bought the rumor and, like, ended up selling news.
That's very normal, you know.
Like, you need to accept this.
You need to know this as a trader.
That's the main thing to understand.
And there is nothing fundamentally changing here, except that we're going to be onboarding thousands of users starting from tomorrow, you know, going to the top six exchange based on the normalized volume, you know.
And it's the home of meme coins.
It's doing the most volume for the – alongside the Gate.io, it's doing the most volume for the Miladi and other meme coins, you know.
So, it's the best place to be as a meme or community coin.
So, you know, like, we are above where we were eight hours ago, and this is very normal for me if you zoom out.
Like, if you look at it and you see a red candle because somebody dumped a large amount, who bought it, like, ten days ago, I mean, I'm glad that happens.
And every holder should be, like, happy with that because, you know, new buyers need to come in who invest based on the fundamentals and based on what should come next.
And the old ones should get out based on, like, whatever their prediction was.
And their prediction was that there would be some news coming out today, and they expected this and they used it, you know.
So, that's very normal.
Yo, I think, like, buying the rumor and selling the news on these kind of things are kind of stupid, just my opinion, because listing happens, like, 48 hours after the announcement.
And if you're just selling the announcement, yeah, yeah, anyway, whatever, it's not simultaneous, right?
So, what I'm saying is there's no volume increase, and if you're not selling into, like, a volume increase, like, what's the point?
Like, it's just, I don't know, it's just kind of stupid.
But, yeah, you see it all the time.
People will do what they do.
Market will do market.
But, yeah, it's just the beginning.
Gonzo has some other things that I think are really exciting, and it's probably a surprise for a lot of people.
So, looking forward to that.
But that's why normally when something lists, or, like, in previous other communities, like, I'm not a huge fan of, like, listing parties.
Because we're just watching what's happening with the market, and people see certain people, like, selling or something and talk about it.
I'm just, like, why talk about that?
Like, just come back to a greener picture in a few hours, and they'll be fine.
But, yeah, that's just my opinion.
But I'll pass it over to who is that there.
Mistrote.
Hey, GM, my fellow legions.
I bought into King when it first came out, and I've been holding since, and I've been buying on dips like this all the time.
I also do the Orca pools as well.
So, I'm, like, so big into King right now.
I can't even call it a shit coin anymore.
It's – I don't even know what to call it.
It's a coin.
Can't wait.
I'm an artist first, so I can't wait to sell art with Kings for Kings.
So, you know, I saw this dip, and I took advantage and bought more because I've seen this before.
I mean, this is just – it's a high tide wave.
We're going down, going back up, going down, going back up.
You look at the history.
Just on the 17th, it went way down and then back up.
So, I ain't worried.
I told Gonzo that I would hop on the next space that goes live, and here I am.
I'm just waiting for my Burger King hat to sit on my computer watching the charts and riding the waves and wearing that at the same time.
So, let's go.
How do you make that sound?
Is it, like, within Twitter?
Yeah, you just press that – so, on the bottom, you see the three little things.
You see the emoji thing and then the co-host thing, and then you see the little wand with the little sparks at the end.
That's the soundboard.
Yeah.
There you go.
That's great, man.
I did want to ask a question real quick, if I could.
Maybe you guys can answer it.
So, I know, like, Exchange Art and some other places, they accept Bonk for art.
Is there talks with, like, Exchange Art or anybody to sell art via King?
Yes, we are in touch with Exchange Art's team.
We spoke to them, and we're discussing, like, potential partnership there.
Oh, that's awesome.
Yeah.
It's not 100%, but, you know, we're pushing it, and hopefully it's going to be done.
That's some good news.
Yeah, I love the hard work.
Keep it up, guys.
I'm a fan.
I'm a fan.
Who the fuck are my co-hosts?
Where the fuck is the host?
Like, what's going on, guys?
What are you talking about?
I was here before you were.
No, nobody was talking, Spoon.
What do you mean?
What was I talking about?
You both were silent.
That's what I was just saying.
Can the co-host, like, respond to the fucking speakers?
That's all I was saying.
What do you want me to respond to?
You're talking.
I'm talking because you weren't talking.
That's the whole point.
I'm not psychic.
I don't know that.
I just assumed you were talking because you had something to say.
Okay.
Did he just disconnect?
All right, guys.
Fun stuff.
Did you boot him?
Did you boot him?
No, I didn't boot him.
He's pouting.
He just woke up, and he's mad.
Oh, dude.
Yeah.
When you hop into spaces as soon as you wake up, it can be a lot.
Well, listen.
You can't come in here and just start calling out the co-host.
What's up, Blazo?
Yeah.
No, I'm still just, like, in that excitement mode when you, like, put a lot of work into
something and you make it new, so I'm just still, like, a little giddy, and I'm just
still happy that everybody is here.
All the kings are here building stuff.
Yeah, so I'm sure someone in the king community, and I don't need it now, but, like, I eventually
want to, my end vision with king in my game is, like, use it as, like, a currency in the
game where you connect your Solana wallet, and then it reads how much king you have, and
then I can do certain, like, once I do make my items, NFTs and stuff, like, this is down
the road, but, like, I built what I have so quickly, because, like, I just have such a
code base to pull from, because I've done it for so long, but, like, I'm new to Web3,
so, like, I'm a Web2 guy, like, 20 years I've made Web-based games, like, I can do that,
but Web3 is, like, I'm trying to bridge the gap between Web2 and Web3, and I've done some
stuff with connecting wallets, but I'm by no means, like, an expert, but I'll figure it
out.
I'm hoping, like, AI, like, the ChatGPT and those chatbots start, they might already, like,
teach how to, like, do the basic connecting and reading NFTs on Solana.
Yeah, I'll get into it, but that's kind of, like, my end goal vision with King is to, like,
actually use it as a currency where, like, you play the game and you earn King for doing
particular things, and then, like, there's also this whole ecosystem in the game, like,
items that make your character more powerful or give you special spells or abilities.
It's all stuff that I've done in Web2, but I, you know, I'm just growing up here.
I'm just trying to bridge that gap, but I'm not there yet, but that's my future.
That's what really excites me about it, so it's just such a perfect currency for a game,
Solana game, so I'm hoping to make it happen, but, yeah, just thanks again.
Just kind of still excited.
Right on.
Yeah, I'm excited about Mexi because I really do believe that it had a paramount effect on
Pepe continuing its ride to $1.5 billion because, you know, it was almost at $1.5 billion market cap
before Binance even listed it, so it was really on the backs of Mexi that I think the volume on there
was absolutely insane that helped pump it to where it was, so, yeah, super bullish on Mexi announcement,
and I know we've got another one coming out here soon, so looking forward to that as well.
And, Zero, what's up?
I was just testing.
I usually use DexScreener, but I wanted to grab some stuff from DexTools,
and I couldn't manually find King.
Does anyone else have that issue?
Where, like, I mean, not pasting in, you know, the actual contract or anything, but...
I haven't tried DexTools, I've been using DexScreener, so I haven't tried DexTools yet for King.
That would be a, kind of like a, that would be friction.
I would figure out why that's not there, because I, there's a much larger population
that seems to know about DexTools from the normie side, and from, like, general traders,
and also a lot of people go there first because they have the reliability score.
I wonder how we get that fixed.
Do we just tweet at them?
Yeah, maybe, maybe.
Maybe they have an email.
If you're the project founder, I mean, that'll take care of itself.
But, yeah, I would tweet them.
Well, first I would see if anybody else can actually see it there.
Maybe it's just me.
Hold on, I'm trying.
Yeah, it's not coming up.
Yeah, so that, I think getting that...
They even list SPL tokens on DexTools?
That's a good question.
So Solana is...
I don't see a single Solana token.
It is a clickable chain, and when I click on Solana as a chain, there are, like, all, like,
a hundred ancient kings.
You know what I mean?
Like, there's all these, like, fake kings.
Well, not fake kings, but, you know, people set up these other king projects, and King
Shib and whatever.
Those are up there.
So if I click on King Shib...
Yeah, I did find some Solana coins.
Yeah.
Yeah.
Yeah, that's weird.
Maybe Gonzo can reach out to DexTools.
I don't know their Twitter account.
Yeah, I'm trying to reach out right now.
Okay.
Yeah, that'd be good, because it does seem to be, like, the normie tools.
You know, like, for some reason, DexScreener is less known.
Yeah, sorry for jumping in.
I'm going to hop down in a second.
Zero, I just followed you.
I remembered you from when you said that, like, I don't know, like, it was, like, a few
days ago or a week.
I don't know.
Time is all messed up in my head.
But, like, and I'm so happy that you brought that back up, because it's those little things
that add the friction, just like you were saying.
And I love that you're paying attention to that stuff and that you brought it back up.
And I was trying to think, who was it that said that?
Because I want to make sure that it got fixed.
It's good that the community, like, is aware of those things and then, like, doesn't shut
up until it's fixed, even though you might, like, sound annoying, like, when you know
that it's important.
So, just wanted to give props to you, man.
All right.
I got to hop down now, guys.
Awesome job.
Congrats on everything.
And thanks for having me again.
Peace, guys.
You know what?
That reminds me to go check Index Screener if, when I try to buy King, if it goes to the
proper link in Radio.
And I'll tell you why those things always come to me, is that, like, so I do this at
work, too, and it drives people crazy.
I don't know.
I just have this ability to become a normie-level user at any time.
And maybe that's just who I am.
But I can, like, dumb things down or bring it down to, like, the new user's perspective.
And these things, yeah, they definitely irritate me, but I know...
It's so quiet in here.
Yeah.
It is pretty quiet.
But I know it's, like, these little things, they're huge friction points for a new person
or anyone trying to buy.
Like, people bounce out on one thing going wrong.
Yeah, 100%.
The hands are extremely shaky, especially in, like, the beginning of something like this.
You know, one kind of misleading tweet, one this, one that.
And, you know, people are out the door.
But, I mean, it's just how things go, you know, especially when you're early and when you're,
you know, at the beginning of something like this.
I'm actually not very worried about whales selling.
It's not like they have any info and, you know, just the fact that they're selling after
they bought in for, you know, 180 a few days ago when we were at the lows just means that
the average buying price of total kings accumulated is much higher.
So, we have to drop a little bit to increase in price.
And then we have to drop a little bit deeper.
So, pass the iPhone on the back of the month.
We've got to drop a little bit, and we're still riding in for 6.
new text, this is actually the compliment that they're doing.
¡Seamos!
that was nice why why is why is spoon so quiet what's going on spoon are you cooking
he's charting charting he's just trying to front run us somehow that's what he's always doing
he's buying he's buying no i've been trying i've been trying to get coinbase to buy and it's
rejecting all my transactions and i'm very frustrated because i could have bought that
candle at the bottom um and uh yeah for some reason it's not letting me buy any any crypto right now
so i'm sad well you probably deserve it with that pfp to be honest that's a very bearish signal
you made it yourself right i mean listen this this represents 99 of uh shit coin season
so you know you can call it bearish or you can call it facts it represents 99 of spoons bags
that's right well i don't have any bags i sold all my nfts a week ago so i have literally i think i
have like two nfts i hear that from you spoon like every week like a month ago yeah i'm not sure
i've been hearing for the last eight weeks i was yeah like like listen we go through a four to eight
week bullish rally in nfts and then it dies for two to three months and i i sell everything and then i
start to buy back in again slowly um you know before the next relief rally i mean i don't know why
people just hold these things till they go 70 percent under i don't like it doesn't make any sense
to me that's the dr solana strategy right oh yeah he's still holding bags he bought at the pico
top last year he's still underwater so yeah uh sugar not moment of silence about uh if we were ever
to do like a token or like a private sale i was like definitely get dr solana because he'll never
sell you know he'll be he'll be a good holder for you
yeah i always tell people don't give me nfts i'll just sell them so if you like if you're like oh
welcome to our commute now don't don't send them to me just don't bother you'll be disappointed
did you guys discuss the other news yet which other news i don't know what you guys because i just
hopped on so i'm just trying to catch up with everything
hmm i don't know what other news i know we've got some another announcement coming soon yeah
which news are you aware of i don't want to say it
oh okay yeah i mean i mean you you you've alluded to it now so you know now everyone's interested so
either either nut up and and say it or or redact i was sworn to secrecy so i uh not gonna be the
guy that says and then gets blamed for it give me a hint
because there are quite a few announcements coming out which one are you thinking about
oh man i'll just uh i don't want to say anything
okay if you're not we announced uh have we announced uh that uh only fans will be accepting
king token now for suggestions porn hub starts to accept king no no your free friend ran the
announcement spoon that one's not supposed to come out till you know sunday oh well i'm trying to
prevent uh buy the rumor sell the news i'm just trying to i'm trying to thwart thwart these uh
these whales manipulating our chart you know i'm saying uh catch them catch them off guard uh by the
way the coinbase transfer finally went through i missed out on a really good buying opportunity but
i'm gonna go ahead and buy here anyways and still catch the this red candle before it goes up even
further so uh thank you very much thousand bucks
take my thousand dollar donation
processing
so there i guess i could have i could have really had a really good price there if uh
you could have got more too but you use coinbase
well i've never had a problem with it but i've been making a lot of transactions with it lately so i
think it i think it was like freaking out because i've been basically transferring money every day
from paypal uh so i think it was uh i think i burned it out yeah that paypal hack is a is a good
one um i was on a an exchange it's in the uk and they disabled you know like uh debit cards and all
that stuff but for whatever reason paypal still worked so i could do it through that so so here's the
double hack if you use acs trans ach transfer like i can transfer up to 15 000 on using my checking account
but i can only like transfer a thousand of that
immediately so what what i often do is i'll transfer a thousand through paypal and a thousand
through the ach transfer and then i have two thousand dollars that i can immediately transfer the crypto
to my wallet so that's two thousand dollars a day instant uh no waiting um and that is the ultimate
hack bro like that's that's the that's the uber hack yeah you're like uh i didn't even think of using
paypal until you said it maybe it was like a couple weeks ago in the space and uh i tried it out and you
were right paypal's a good hack
yeah you pay a little bit of a higher fee uh than ach transfer but you know that's the price you pay for
trying to get your stuff fast and it's not that big of a deal if you're throwing it in a coin that's
going to go up and uh you'll make that feedback in no time so no worries
so the i i guess i'll the other announcement has to do with like holes has that been talked about
no not yet okay cool i figured that was a safe way of talking about it
these memes in this discord are freaking hilarious people are really creative
go ahead zero
yeah would you say king identifies more with um the meme coin uh era or more like a d5
um system i i think it's a meme coin i mean that's my perspective um and i think that
yeah i would say yeah even though we're trying to ship the narrative to towards you know community
coin etc like meme coins are also community coins what we are not is we're not a shit coin
but yeah we we definitely are more of a meme coin rather than a d5 and like yeah
it's it's it's it's the community driven coin that's the best description of it in my opinion
i think that's uh a bullish take um you know like the homie trablad he has like
his king token as well and that's more i would say that's more the d5 thing and i like that this is
the meme coin king so i would align with that for sure
yeah i think embracing the meme coin narrative is totally cool um you know pepe wouldn't have
pumped if it was a d5 coin yeah 100 percent all right we're back at the trend line um people got
some nice dips there nice tasty dips got in some really good prices so congratulations if you got in
on on those dips um learn if you learn how to buy the fear it can become pretty profitable pretty quickly
i just posted a new post for my account uh it'd be worth it to run it up and and get that spread out
i'm going to add a little bit of the info about uh raid bull and um mexi into it as well
are you writing the thread now i i just pinned up the first post in this in this space oh great
thank you for that yeah guys go check out the post retweet if you could show some support
i'm making a meme right now for discord you have to apologize
oh man i'm so bad at this meme game because i only have mspaint on my computer
um so my memes are super
super cheap looking you look like a mac guy spoon like how how are you on mspaint no never never been
a mac guy don't even own an iphone never been an apple guy my wife has all the apple products i don't
use them um i think they're overpriced so i don't buy them but uh just not my vibe but uh
yeah i have a i have some really good uh photo editing apps on my phone though that do a much
better job but i just i always i always end up using mspaint for some reason
see people on discord are agreeing with me they're saying the iphones are overpriced
but they get you addicted it's like crack once you like once my wife got one she'll she'll pay
through the nose to get the just to stay on iphone so uh they get you hooked on it like a drug
yeah they know what they're doing i mean i the phones like i can go either way to be honest but
like having a mac laptop or you know an imac or whatever like the seamless integration of them all
kind of like working together with your files or imessage or facetime like i can do i could like call
you right now from my laptop from like my phone number in a sense so that's that's sort of how
they get used the whole eco the apple ecosystem yeah it's weird because like every the funny thing
is everybody on the iphones uses whatsapp with i use whatsapp on a google phone they use whatsapp on
their iphone and we call each other with that like and stuff and so it's it's it's funny to me that um
um like there's so many other products and apps out there but uh but yeah i think i think it's just
the whole ui people get used to it you know and they don't want to go away from it you might be the
only one in your group of friends that has it so they're forced to use whatsapp to be honest i don't
know that's not true you have to understand most people in asia don't use iphones they're too expensive
so they they all use android phones so like you know so everybody's on whatsapp what are you talking
about whatsapp and telegram yeah i've had telegram for the longest time
uh to be honest i don't have any in real life friends like everybody i i know is through web3
and i either call them on whatsapp telegram or discord like so yeah yeah hear me
yeah yeah i'm taking a shit at work real quick so i'm gonna say this fast um yeah i want to hear
something funny i did yesterday tell us your story while you're taking a shit oh all right yeah so
basically um i sold all my king i tried to get into psyop um i wasted 50 of my money then i got back
and came that sounds like that's probably a story that a lot of people share with psyop selling selling
selling their nfts and their other coins to to ape into psyop only to get wrecked yeah
so now i gotta buy back at king later at double the price
oh jakey just tweeted hold on let me pin that to the top so people go rate it jakey
all right pinning his tweet to the top
go rate jakey i'll throw this in discord
someone's going to show me how to make raids in that rate bowl i haven't even
looked at it yet but so focused on it's quite simple it's quite simple you go when you you
create a raid straight away by clicking create rate and and it costs like a certain amount of king
yeah uh let me let me pull it up for a second i'll tell you how much it costs
oh gonzo you already posted jakey's tweet you're fast you're fast yeah
so if you want if you want 50 50 guaranteed rates and 100 bonus rates so that's total 150 engagement
uh that's 60 000
so after i create the raid do i get rewarded when people rate it like how does that work
no no you get rewarded for for uh for raiding
okay so but if it just costs me money to make the raid why would i make the raid uh if you if you
need more engagement that's for for uh oh i see so i could i could if it's like my my own tweet for
example right exactly like your company or something i get it i get it i understand that bring the bring
the value back to the to the holders who do who do the rates gotcha it's like i understand tweet to earn
right essentially with king something like that yeah but it's just one of the one of the products in
the uh long long roadmap you know
yeah people are using it a lot do we do we have that link to to rainbow easily accessible in the discord
uh maybe not it should be in the official links but maybe it's not there yeah maybe we should add
that so people know yeah we need we need to organize a lot of things there yeah there's been a lot going
around so we are focused on other things but yeah we we gotta clean up a lot of things in the discord as well
so how's the ta looking right now what do you think we're we're we're we're chilling in uh the the
3500 support zone and we're about to break out of it and probably head back to 4000 here uh shortly
so volume has increased in the last hour and a half from 700 000 to 947 000 so almost like 250 000 uh
dollars in volume have come in in the last hour and a half uh so super bullish uh how much
so we were at 700 000 volume before the mexi announcement okay now we're at 947 000 oh
i'm looking at two hour two hour volume and that's 422k
okay some people knew the announcement was coming because because of my tweet
you know when i tweeted the ice yeah and i'm looking at tech screener so i'm i'm looking at the let me see
let me look let me see what it says for one hour 100 okay 100 000 in the last hour according to deck
screener which i know is it gives a different figure than bird eye they both give different
numbers i don't know how to calculate it but
yeah spoon can i ask a silly question um so the price if it goes up to like six or seven does that make
it a six or seven um market cap uh depends what the market cap is now so the market cap right now
is 3.5 million right so if we go to seven that would be it's like a seven million market cap okay
so the price makes the market cap not the market kind of makes the price not here yeah it's because
it's because uh it's the way that the tokenomics were made is doing that it's not always like that
all right all right got it thank you you just multiply the price uh with with the
total total diluted uh no sorry the total supply so you get the you get the market cap
um i don't know if y'all want to talk about it but can y'all explain how like liquidity pool works
and stuff like that when like a new token comes out because that psyop shit was crazy
yeah uh in what regards of like that you're not understanding i guess because when i bought came
when i bought came when it first came out i actually got what i put in like if i put in 500 i actually got
the worth of it but then yesterday i put 400 500 and i only got 19 side like how'd that work
happen yeah so that's like all this stuff of uh slippage um essentially like when you were
buying from i'm not sure which pool you actually bought from um the problem was and zero and i talked
about this a little bit yesterday the pool on like v2 was uh super super super low i think there's maybe
like 30 000 maybe like 40 000 in there so basically like when you're buying you know tokens you're
buying out of that liquidity pool and obviously like if you're making a bigger buy so i don't know how
much you're buying out of that but let's say you're buying uh a thousand dollars worth and a pool that's
like 10 000 basically that's like 10 of like the entire pool so you're gonna have like a a big price
impact and that slippage that you set on eth you know will depend on you know how big your buy is i guess
according to that pool and with king um it's a much larger pool so your larger buys aren't actually
making that much of a you know difference on the the market cap because i don't know what the current
pool is does anybody know for king
i just know it's it's way more than 30 000 essentially so it's like you're able to make
bigger buys out of like a thicker liquidity pool um so there's less of uh you know price impact i guess
and we don't really use slippage that much over here on solana uh usually it's like only the initial
launch when you're trying to ape something that only has like a thousand or two thousand dollars in
liquidity um but we don't have that much of a of a need for slippage like having to explain slippage to
people on solana it's kind of like foreign to them um when it's a very like regular occurrence on eth
so it it basically just depends on how much you were buying and the size of the liquidity pool if
that makes sense zero what's up yeah in the case of um psyop the problem that compounded it is like
yeah you got the slippage but then there's also the um the v3 when people were going to it they're
actually getting rerouted randomly as well and partially to the v2 which was not set up by by psyop
and i i think a bit of the issue here is like not many people are familiar with buying from v3 tokens
so you can uh end up in scenarios where you don't end up in the correct pool that you want it to be
and if it wasn't set up by the creator and it doesn't have enough liquidity inside
then you're you're bound to hit a price that is just like obscene and so that's why you had
situations where people i think in the extreme cases like some people had spent thousands of dollars to
get what was like cents or only a few dollars of psyop
and uh in addition to that and this isn't like necessarily talking about psyop but i don't know
if you've heard me speak or see me tweet this stuff but uh i talk about liquidity pools a lot and the
problem that a lot of solana tokens did recently is that their uh their liquidity pools were so
fucking thick um like i i tweeted out right away about how poor and bruv are basically unpumpable tokens
because of how thick the lp pool was compared to like a bonk that you're familiar with so that had
like a two percent um liquidity ratio and i think like bruv and poor had like 20 to 30 percent
so you need like also like that much more buy volume for that token to see a jump in market cap
so essentially like a thousand dollar buy and bonk got you like you know probably i think i want to
say it was they had a two percent ratio maybe it was three but like a thousand dollar buy um and bonk
the price going up on that was literally probably you know ten times the amount of what you saw on
bruv or poor so that's when you had those initial launches come out when all the volume is there you
saw you know that big green candle but after the fact you don't have a higher like you don't have
like a rush of volume so it's like all those tokens have slowly slowly died because like you can never
match the the first hour the first couple of hours of volume on any token that's just like a known fact
like once it's released that's going to be probably the highest volume that you're going to see maybe for
like a week or two weeks before it starts to get like popular so day two day three day four you
didn't have those you know big buy volumes so it wasn't able to continue to climb where bonk and pepe
basically launched on air you didn't need a whole lot of money to bring those tokens up and that's why
like they did so well because they looked on coin market cap or coin gecko or deck tools wherever you're
going you see all these like you know up a thousand percent up two thousand percent and those are the
things that bring eyes to the table you couldn't get that with bruv you couldn't get that with poor
um because you you would have needed more buy volume um you know on day two and day three than
you did in that initial launch and that's just like never gonna happen because you also have selling going
on and uh yeah they were just i literally told everybody those are like unpumpable tokens and the
the one thing i kept saying is like for whatever reason king had a a great lp ratio um i think it
was like 10 or 11 when i was tweeting out the poor and bruv thing i was like this could actually make
it i was talking to dr solana about it too i was like this is like the one of the only tokens that
i'm seeing that's that's set up right that it could actually keep going up and do well and look good
on the charts and you know impress people um so that's why i i stuck around here uh with you guys
because that the lp ratio made sense in my head um and it was one of the few popular ones that people
are talking about so kudos to the team and you know setting it up right it's it's obviously like
thicker than um bonk and pepe but uh it's not like huge um maybe like three or four times what that was
um but i i would say any token that's between you know two to fifteen percent is like a a good ratio
that is survivable anything that's like 20 plus like those tokens are doomed from the start
so if it was if it was lower and we got that 40k dump with a lower liquidity we we would go way way
exactly yep yep yep so it's like at the same time having it a little bit thicker um than bonk or
or whatever makes it uh safer as well you're not gonna exactly that was that was our calculation as
well uh like don't don't go don't pump like bonk or others straight away and don't dump like them as
well you know uh have a have a healthy healthy token you know if somebody comes in and dumps 40k
it could uh it can recover in few minutes like it just did you know so that's the that's the whole idea and if if
people actually like it and if people actually get the conviction with it it will grow right it won't it won't
because of the liquidity uh and if then some some bad actor comes in to drop it uh then it's much easier
to recover as well yeah definitely job well done with that for sure um that's one of the things i
noticed out of the gate and like we all remember right if you were here during bonk when that guy
sold his one percent wallet um for you know at the top i think he he ended up pulling like 250 000 out of
it but um when he was going to click the sell button or whatever it was actually like close to
a million or whatever and then the price dropped like 30 or 40 percent um that's because of that low lp
so it's like if this continues to grow um continues to get buy volume bring in you know new holders uh it
can have like a safer steady uh incline which is which is a good thing so this is like a good ratio um
and i mean that's why i'm here i wouldn't be really speaking on any of the bruv spaces or any
of those things because like i i literally said those were like doomed from the start bro i wish i
was in that i heard you because i got wrecked on bruv bro uh it was a disaster um hey quick poll if
you're in the uh the audience and you bought the dip give me a 100 emoji um if you bought the dip
and uh you're in profit now already uh throw up a hundreds congratulations uh because you bought
the fear and you counter traded the market sentiment and that's how you win so congrats guys
i'm almost at 20 million tokens now so i've just been i've just been buying dips like literally just
every time there's a whale that dumps i just i buy like i buy the dip and i just wait for somebody to
dump 7 000 or 10 000 and then buy it buy it and uh it's worked every time so far so um
and once we get up to a higher market cap i won't be able to do that because
we won't get those big fat red candles when someone dumps 7 000 like we get right now so enjoy it while
it lasts spoon are you creating those dips i wish i wish i was that smart bro like i
i i've i've tried to manipulate micro caps before and i just get wrecked because um you're playing a
dangerous game like you know like you got you got to get the timing just right uh or you could end up
just uh screwing yourself over so yeah i mean kudos to those that that are able to do that but i am just
uh much better at just buying dips and holding longer term when i try to um swing trade uh micro
caps i get wrecked um like i didn't start leverage trading pepe until it was over a billion dollar
market cap you know and uh and then it was already being market made at that point so it was very
predictable trends and stuff um uh very predictable patterns to trade on but micro caps are are a whole
another ball game yeah you got to be careful um i would say like it's okay to take profits right
no one's saying you can't do that but you can definitely get you know left behind in a sense if
you're you're doing it to sort of buy back in as spoon is you know alluding to um you can sell a little
bit hope it goes down and then you know try to increase your bag but if it goes up then you're
going to be spending you know double to just get back to what your original holdings were
so yeah it's definitely a tricky game um i have i have one question to you devon uh so these guys
these guys dropped like 34k all at once uh like three was like one hour ago uh you might think that
the guys with that much money or holdings they they know what they're doing right why would you drop
that much all at once and not slowly because they don't they actually don't know what the
they're doing um that to be honest that that's what happens a lot uh i was in this bnb token you know
probably two and a half weeks ago uh i was at i think like 10 million market cap it started off at 10k
and the guy dropped maybe like 30 000 and it's very similar scenario what we're talking about and
he actually you know went at the dev and was like hey you need to refund me like when i went to sell
this it said 30 000 but i only got like 15k because like he didn't understand slippage he didn't
understand bots he didn't understand any of this stuff and he was actually asking the developer to
refund him the extra 15 000. so it's like in the majority of cases i think like we want to assume
these people know but they actually don't a lot of people just get lucky buying something really
small and building up and don't know having a lot of money does not make you smart money
they're either stupid or they're just trying to drop the price to get in at a better price
well we did see one whale that sold earlier buy back in at the bottom of the red candle so if it's either of
those then it's very bad indicator or like it's very bad uh trader to follow basically that's what
i'm trying to say so if he's trying to drop the price and get get back in at a better price you
know like why would you follow that and uh secondly if he if he's not trying to do that and he's really
trying to sell and he's losing all of the money with strategies and all of that then he he's just
stupid he doesn't know how to trade you know so that's also a yeah a lot of guys with a lot of money
they're not used to micro caps right and they're used to eth where like a lot of these eth coins
would pump to 30 million market cap in six hours and so they could drop 20 000 bucks and barely put
a dent in it and so a lot of these guys come over here to solana and they'll throw in 10k
you know and and at the beginning and then they'll sell 20 30 000 when they get their two or three x
and and they don't realize like the slippage and like the low market cap and the effect on that
and they have no idea what they're doing um because they they think it like they they're
just assuming it's like a 30 million market cap is going to behave the same and it doesn't
um so yeah a lot of these guys uh have a lot of money but they don't necessarily trade uh micro caps
a lot and so you know they're uh they're they're they're kind of uh just doing this blindly uh in my
opinion but yeah really good um you know marketing uh and i meant to you know dm this to dr slana
would be creating a video of teaching people about you know liquidities and you know radium and
copying and pasting the contract and all that stuff and using king as an example because that
would then be sent around to other people to like you know educate themselves on how all this
shit works because the majority of you know solana people are you know nft people like the last king
space i was in uh even uh cozy was like yo you're the only token person on here i remember like during
the bonk age um nobody you know knew about tokens no one was really talking about tokens you were like
the only one um trying to educate people and explain all this stuff so it's like if there's an
educational type video um sort of like doing this walkthrough i think that could be like a good tool
that other people would use to learn about for like other tokens and stuff and then using king as
example like that's the free you know marketing of that getting sent around
and you saw that with pepe too right a lot of uh nft people were the ones on spaces and talking about
pepe a lot and didn't have a lot of you know knowledge in a sense of uh oh yeah like a lot of people
didn't even know like how much a swap costs because they're used to just buying things on openc
and uh and blur and so they were doing these uniswaps and they had no idea um about slippage
about setting the market uh setting the market the picking your gas and so a lot of people getting
transactions stuck for days because they didn't know how to how to how to increase their gas on a new
coin that everybody's trying to get in on and uh yeah it was it's like a lot of people were getting
wrecked because they were getting their transactions stuck they couldn't sell on the dumps because they
didn't know how to increase their gas and so they're getting their transactions stuck and they just had to
ride it to zero yeah it's uh it's like i don't know it would be a very powerful tool um and like i'm close
to like the safe moon guys um and jonah over there handles like their marketing and they did a lot of
that with like tick tock and say what you want about like safe moon today they were they the majority of
their holders were not crypto savvy people right exactly yeah so that's what i'm saying like they
had they had people create videos of like this is how you buy it or like even through the exchange
you're like you go to this site get your bnb send it to bitmart and then you can you know trade here
like they did all these walkthrough things that like made it easy for somebody who didn't know much
about crypto and that and now with mech c we could just be like here's how you open your mech c account
go trade exactly exactly so that that's how how i'm i'm thinking that could be helpful not
only for like king but like onboarding people and i'll throw it out there to our community if anybody's
good at making tick tocks or videos please dm uh king coin uh gonzo's behind the account and uh let us
know um and uh maybe we could put something together uh when mech c goes live tomorrow i
think having uh videos showing people how to log in and trade on mech c would be really cool
yeah not only cool but like it would just help people overall i think in salon to understand tokens
better and like that's only gonna help king if king is the example being used because like
you can imagine how many questions we already had about liquidity and all these things and i i even
know like people struggle to understand on radium i had to like tell a bunch of people copy and paste
the contract because they would just like type it in by name and like wasn't showing up because it was
brand new it's like yeah you literally gotta paste this number thing and uh put it into the swap and
then you know accept that token so there's a big learning curve over here and a big educational need
and if king could fill that role then like you guys could be the kings of solana for sure
i like it
definitely hit us up uh if you want to make a video and then you can tweet it out and we can
rate it and uh and all that stuff push your engagement up so if you're a content creator
reach out let us know
did you get some coffee dr solana no i'm just gonna sit here until the space is over and sleep yo
somebody proposed that uh once you leave the king channel with the 13 million you shouldn't be back
let back in because that's not fair because people do day trade so like you know like
that channel is used for like like sometimes just like uh privileged info or just the limited info
for for the council right and and people who dip in and dip out it like it's a fucking coffee shop
i don't know but uh it kind of defeats the purpose as well so um bro a mod i mean i i was under i was
under 13 mil a couple times because i sold local tops and then bought back in at the bottom so
um that means i wouldn't be allowed back in the chat so you were creating those dips you just
lied to us no i i would sell in one to two thousand chunks dollar chunks thank you very much
i wasn't dropping 20 grand at a time and wrecking the chart
yeah but devin appreciate you coming through and uh supporting spaces and um everything about king man
i know you're not a big solana token guy you're more on like bmb and east side but uh yeah i
appreciate you coming through and showing the love bro yeah dude any like i said anything you you need
from me like i will always show up you're you're a homie i appreciate you i think you're a smart guy
same with spoon so anything you guys need i'm always here let's go let's go oh there we go we got
e guys up here oh my god that guy somebody oh my god that guy you know with ee gods were you trying
to get a better were you trying to get a better entry earlier by drawing that line all the way to zero
in the discord and and get out all the weak hands from the council
like this guy's playing to people
we need uh we need to move beyond the borders of solana solana has a poor mind mentality for that
and uh kings don't need to be part of that and so the moves that you guys are making i think one
guy actually like saw your your your your drawing and and sold the bottom well that's okay that's
okay it's crypto you know not everyone makes mistakes too sometimes he'll buy back in it'll be
fine uh it'll just buy back in higher uh
uh yo i'm looking at the mech c tweets they average about 30 likes and 11 retweets like on
average for these coins because they they release like six of these a day and the king tweet has 386
likes and 234 retweets wow go team we need uh that's impressive we need to conquer new lands as kings
and the next realm that we gotta go conquer is the ethereum realm and uh yeah it's true we do need
those ethereum dollars what happens on the weekend yeah i'm ready for ethereum money to pump in this
thing um we've been we've been playing small ball right now um to be honest with uh we i don't think
we peaked over 1.1 million 24 hour volume in the last few days so um time to crank it up really excited
to see what happens with this mexi listing and uh we'll have to get our marketing out and make sure
we get some content out and make sure we keep reminding people that it's on mexi and and get
people trading it and then every time there's a dip we'll have egods post a really uh apocalyptic
uh chart uh flush out that we can so we can buy lower together
it was funny he literally just drew a red line like it wasn't even ta he just posted a screenshot
of the chart and just had a red line like going all the way down to two and and someone was like
where do you think it's gonna go and he's like oh it's definitely going to two and the guy was like
oh man i'm i'm gonna sell
those are like the best images there i don't know if you you follow any uh like crypto traders or
whatever like my favorite ones are when they just draw like their bitcoin prediction like going to like
like 5 000 or something just to get them to watch the youtube video oh totally unrelated yeah and
people just lose their shit bro it's the engage their engagement triples yeah yeah gotta love it
either have to have like uh uh moon rocket emojis or or apocalyptic um drawings uh you know to to
you can't there's no there's no middle ground it's one or the other
like i love this this uh this guy on youtube did a video i was looking up to see if any youtubers did
any king videos yet because there there are some of these guys that have a lot of followers that like
to find uh you know as they call uh microcap gems and they scour like the the bottom trough of the top
thousand um coins on on coin market cap right they go and they look at like rank 700 to a thousand and
they go dig through these and they do like videos on them right next 100x gem or whatever you know
and so i was just looking to see if anybody picked up on king yet and the only video i found
was some guy with like 30 views and it and the title is is king a scam
it's like oh man yeah i mean that's smart way to get views and then and then the video is just
and the video is just him clicking through the the the profile on coin market cap and reading the numbers
reading the market cap out reading the supply out like you know like very very useful information right
like nothing you couldn't do on your own but like just literally showing the coin market cap profile of
the coin and doing nothing else yeah that's smart i like i don't know you you know this but like
the majority of all those youtubers um you know all those things are like paid videos so yeah a lot
of them are but there there are a couple guys i follow that just have spreadsheets upon spreadsheets
of these micro caps that they go through um and they and they do research on like uh you know
they find these little gaming coins or you know uh you know uh an ai coin nobody knew about
and that sort of stuff you know like it's very rare that they throw a meme coin on their youtube video
so i'd be surprised if they did something like king to be honest uh but you never know i'll keep searching
yeah i remember paying like 50k and like 2021 for uh a package of oh that was pico prices then like 25
youtubers to do chart analysis and all those stuff yeah man those were premium prices now you could
probably get it for a fifth of that now yeah i mean majority of them probably just do it for free right
now to get the the views yeah yeah i bet half those guys don't even do youtube videos anymore
most of them give up uh once the bull market's over they they don't get engagement anymore
all right cool so this candle looks really good if we close this candle we'll close it above
uh the resistance that we broke through earlier um at 3500 and that will then allow us continuation
back up to 4000 kind of like we were before so i want to see this candle close above or the next
candle close above uh this resistance line um and then uh yeah and then it should be should be on
upwards from there
that was a really good response i'm really the the amount of buy volume that came in
at the uh 3200 level was amazing i just ate those candles up so this is really bullish guys
and that's what i was saying before about i think people are mistaken thinking this is going to be a
repeat of the bitmart listing because i honestly do think that although the bitmart listing had a
little bit of a sell the news aspect of it it was already overheated and and at the top of the
the fibonacci scale um in terms of a parabolic move so it was it was going to come down regardless
it just got a little help from the bitmart news but i think people looking to repeat that with mexi were
were mistaken it's this is a totally different um context here uh and and we've built so much
structure at this point um over time and uh it's it's just a lot different and you you have more
heat coming too yeah yeah we're in it and and our fibonacci scale we're we're still we're not even at
the golden pocket yet you know like we got to pass 4000 to get to the golden pocket so like we
haven't even hit a sweet spot yet it's so early guys so early i think people during the shitcoin
run were so used to things pumping so fast and and and um you know what they don't realize is like
go look at other chart coin charts right now there's nothing that's going up like 50 30 50
at the pace that we're doing right now like this is this is still a rapid incline um you know compared
to to most tokens in the bear market right now and wasn't the bitmart listing like on a big crypto
red day if i'm not mistaken it may have been but we were literally at the pico pico top of the fibonacci
scale like literally touching touching it um so like with that like as as soon as the bitmart listing hit
we were already touching the top of the fibonacci scale so uh it was yeah it was just a perfect storm
makes sense makes sense yeah i think the first listing always you see that drop um then you
know the ones following are usually treated a little bit different oh yeah like if this was a binance
announcement we would have done a 3x like that that's that's the funny thing about like the the
different the different sentiment around around this stuff is you know it uh you know when pepe pepe was
already at like a one billion dollar market cap when the binance announcement came out and it
pumped to 1.5 billion like the the just the announcement and then of course the listing
happened and it was a similar situation it was already way over this five wave cycle it was already
about to go down as the binance announcement happened i was already shorting it and i got i got wiped out
because the binance announcement and then and then as soon as the binance listing happened you're
like oh see it dumped because it listed on by that's not why it dumped it dumped because it was super
overextended so by the time that it listed on binance it then dumped you know 70 percent so
did you see the the price the the all-time high was 420 and that's when it dumped
so these whales like they all like came together and said this is going to be the price where we're
gonna this is this is it yeah yeah um tevin is this what you were talking about like related to it
what do you mean
about pepe no no no he knows
yes that that's that's the one 100 the holes
i think this actually this mexi announcement getting this out of the way right now is actually
perfect timing because i think it's going to give us more momentum to push through that 4 000 uh line
of resistance um i think we were going to probably take us a few tries uh initially um to poke enough
holes through it but i think like with this with this mexi uh announcement i think we're going to have
a lot more momentum in volume to to help us push through that resistance um and uh if we can break that local
top um then it's we got one more really uh tough area of cell pressure between 4500 and 4800
and then it's pretty smooth sailing from there uh for quite a while so um it's going to be an
interesting 24 hours
yeah so if you haven't seen the top there's a new pin um go like retweet comment that has something to
do with holes i don't know check it out
yeah gonzo you want to drop some uh alpha on the uh tweet you just posted and maybe uh
since it's top of the hour we could close things out a little bit
uh i mean we can watch the chart and talk about ta all day but uh i don't know
sorry could you could you repeat this what's up uh i didn't i didn't catch what you said so could
you repeat please oh i just said uh you want to drop some alpha on the tweet you just made or what's
up uh yeah i'm gonna wait for the official announcement from wormhole but what i can say
is uh the trading of or acquiring of king will be much much easier uh for ethereum users and other
other chain users as well uh on their native uh texas basically so yeah that's that's alpha but yeah
we'll we'll we'll do like proper tweets and wormhole that's great yeah maybe explain a little bit
more what wormhole does to people that aren't dr multigrain so they can uh figure it out yeah so uh
they make basically bridges between between the chains and uh say you wanted to trade uh say you wanted to
trade uh pepe uh on on radio then uh wormhole wormhole could help in that regards so yeah i don't
want to go into much details but uh there is this website called uniswap and there is this coin called
king and other dexes so that's the that's the thing that will come up very soon and i think that that's a
huge huge news and huge yeah because you know these people they're like i don't want to buy solana can
you just can you just allow me to to blow a bunch of gas trading it over here uh please uh i'd like
to do that and so yeah um no problem we got you
but outside of that i don't have really any new ta news going on um we've recovered uh as we anticipated
this is not shocking to those of us who have been watching the technical analysis channels and
listening to us talk about this um it played out pretty much uh to a tee uh so that's the important
thing about um uh being informed um and uh the difference between being an informed trader and uh and
and uh a blind trader so um hopefully you guys saved you from making a poor decision and selling the bottom
uh hope it hope it uh helped you hold on those bags and uh or even buy the dip and make make
be in profit already if you bought the dip in the last hour bro i've been seeing some comments of
people just uh talking about how oh mexi lists like a lot of tokens every day that's not a w blah blah
blah and i'm i'm like it goes back to the point where this is just the beginning and uh i just want to
reiterate that um you know going on any single one exchange isn't going to just moon rocket something
to valhalla but it's a combination of these different uh exchanges it's a combination of these
different factors that decrease the friction yeah the process of but what these other points don't
have either they don't have marketing hold on hold on chill i'm trying to make a point here to the
audience not to you so stop interrupting me please why don't you go ahead then yeah i was i was talking
you interrupted me stop go ahead go ahead i'm just saying i was reiterating what you said earlier
about how this is the beginning and how the combination of these motherfucking exchanges
and how decreasing the friction for people is a good thing that's all i was trying to say and
you're coming in interjecting that i don't get you didn't add anything new you already said that part
i was just talking on the end okay whatever um so i will interrupt and say that mexy is the the
exchange that literally broke baby doge so if like people are like poo-pooing this is just like
an exchange okay whatever like this is this is like a a big exchange that broke you know a very popular
token i'm sure you all know um now maybe you weren't around back in those days um wasn't that long
ago but it was literally mexy's the thing that mooned um baby doge so that's some insight there on what
you know exchanges could mean different things for different audiences um i think either way it's
you're now on two you know centralized exchanges and those have different customer bases and that's like
just marketing in itself getting that listing and being visible there um even if you're like not a
user there um that's just status and shows that you're growing and uh you're here long term you're
not just here for today or tomorrow so that's my that's my statement on mexy
yeah again going back to my fucking point my point was that uh somebody said oh i'm a 17 year old and
uh uh he comments on the thing saying oh it's not a w to be on um um fucking mexy and i'm saying oh
that's not the point it's not it's just like not to singularly look at you know what exchange is
getting listed on but it's to look at the combined efforts of the overall uh big picture of how these
individual additions can bring together the overall effect of what's going to happen right so
uh i just wanted to address that comment that i saw in somebody's tweet earlier about how you know
this listing announcement is not a w but because we see a lot of people posting that as a w and i think
it's a w overall on the long run and that's all i was saying and i was just agreeing with what you said
earlier to the people that you know this is just the beginning that was all yeah how those people that
are making those comments like they're the ones that think they're they're too late and aren't
buying so like they're making that comment no i just don't understand how you look at one like
exchange or one little thing as like even a sell the news kind of moment it's too small isn't it
that's why the dip gets eaten so quickly and it's just i don't know if you get in and get out it makes
sense i guess but um i don't know what for people like me and spoon we're we're we're not fast enough
to get in and get out like that on a one minute chart i guess it's just too much going on
yeah and then we got egods drawing a line down to the zero and then some dude's like oh i'm gonna take
your advice sorry i'll be right back and then he leaves and then then in the gen shot he's like oh
i'm buying back higher now fomoing back in so yeah swing trade at your uh peril guys that's never
financial advice but gonzo if you don't have any other anything to drop yeah i was gonna say let's uh
let's end this year and maybe regroup a bit later on
so i can get on get on some calls that i need to do and you know do stuff yeah sounds good yeah get
back to work founder yeah man okay thanks thanks for coming uh thanks for listening and uh we're
gonna do another space in uh in few hours maybe so yeah just stay tuned look for look for some
updates within discord or or twitter and uh yeah thanks to all the speakers and all the
the listeners in the in this space thank you guys thanks
