Newsletter #397 - Enjoyooors vs Everyone Else

Hey Shitcoiners,

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It’s that time of the week again! The timeline is divided between Hyperliquid/Zcash enjoyooors and everyone else. You better be good at practising JOMO if you are on the wrong side of this. As expected, the week generated plenty of elite shitposting and commentary, which we’ll run through shortly. Before that though, be sure to check out the latest episode of the Shitcoin Weekly!

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Hyperliquid is growing from strength to strength, absorbing fee market share from every corner of the industry. Winning.

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Jeff has been having quite the week.

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“Good, now have him deadlift more than Toly”.

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That is a spicy FDV.

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However, not everyone thinks HYPE is destined for greatness. One trader has a significant short on the go, much to the dismay of the .hl’s.

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And it’s not just HYPE that people are fumbling on Hyperliquid. Was this an expensive mistake or just a trade gone wrong?

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So insulting.

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Zcash have been having a moment of their own. The privacy coin’s price has been ripping. Is this a top signal?

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If you weren’t holding HYPE and ZEC, you likely did not have a very exciting week. GMI?

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Unfortunately, if you are a Saylor supporter, his AI slop keeps rolling in. Are we cooked?

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Trump is getting out.

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“It’s like we’re sitting on the river watching 99% of the population’s dead bodies float by.” Yikes.

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It could always be worse though, imagine having to think about people dying every day and then compounding your misery more by levering up on ETH.

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We learned this week that Jane Street allegedly dumped their UST and shorted when they found out the project was doomed.

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The barrier to entry on the trade was pretty low.

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We also learned this week that Thorchain have suffered another exploit. Imagine letting the North Koreans use your platform to launder their funds, only for them to give you the middle finger by hacking you too. It’s quite poetic.

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However, if you are doing shady things on chain, never forget that the feds are watching you.

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We are happy to report that bottom could very well be in. Nic Carter has been received.

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Meanwhile Jmo has also been partaking in other activities.

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We end with this. YACHTZEE!

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See you next week.

Team Shitcoin.com