Sonic Labs has launched a new points program to drive DeFi growth and reward users. 

The S&P 500 gained 0.11%, led by utilities, financials, and materials, as lighter inflation eased yields. Focus shifts to December's inflation report and financial earnings. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 3.03%, with Bitcoin and Ether rising by 3.14%  and 3.24%, respectively in the past 24 hours.

Today's top performer is A8, which surged 29.7% following the launch of Ancient8 SuperApp V3, an all-in-one platform for simplified Web3 management.

Ancient8 (A8), founded in 2021, is a gaming-focused Ethereum Layer 2 network using Optimism and Celestia to enable fast, affordable EVM game development with community-driven developer support. 

, a streamlined platform for managing Web3 activities. It combines staking, token swapping, liquidity management, an NFT marketplace, cross-chain asset bridging, and game discovery into a single user-friendly interface. The app simplifies processes, enhances security, and helps users maximize the potential of their digital assets, catering to both newcomers and experienced users.

Check Out the Latest Prices, Charts, and Data of 

 a new points program to drive DeFi growth and reward users. The program includes three types of points: Passive Points for holding whitelisted assets, Activity Points for deploying assets as liquidity on apps, and App Points (Sonic Gems) for developers to distribute as rewards via their apps. The initiative also features an airdrop of 200 million S tokens and incorporates Rings, a yield-bearing stablecoin protocol that provides liquidity to DeFi apps. Sonic's points program offers a dynamic way for users and developers to enhance their DeFi experience while contributing to the growth of the platform.

Yesterday, the BTC Spot ETF data showed a total flow of $9.7 million, with $0.0 million from GBTC and $9.7 million from non-GBTC sources.

, offering participants a chance to receive tokens as part of the platform's decentralization journey. The airdrop rewards key contributors, including early adopters, active community members, and global partners. Registration is open until January 18, 2025, and participants can claim tokens before the Token Generation Event (TGE) in Q1 2025. Plume's mission is to build a unified onchain economy that connects real-world assets with crypto, and the airdrop is the first step toward that vision. More details and eligibility information can be found on their official website.

Beginner

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Sonic Labs Launches Innovative Points Program to Drive DeFi Growth and Reward Users

GAME by Virtuals (GAME) is a leading AI agent development framework enabling quick creation and deployment of autonomous agents for web3, gaming, and social media.

Few people will argue with the notion that 

 (AI) is the fastest-growing sector in the world of business. This also applies to the 

 industry. Within the broader AI field, however, there's one area that particularly stands out with its growth rates — the niche of 

. Self-contained, autonomous AI workers are growing increasingly popular on blockchains, with leading AI agent cryptocurrencies posting head-spinning price increases.

 (VIRTUAL) and several tokens related to the platform, including GAME by Virtuals (GAME). Leveraging the underlying Virtuals Protocol, GAME is a development framework that lets developers quickly build and deploy autonomous AI agents suitable for various transactional environments. The GAME framework allows AI agents to make complex decisions based on the information supplied, lifting the overall sophistication of such agents to an entirely new level.

Launched in October 2024, the GAME token has appreciated over 3,000% as of January 2025, entering the list of the top 10 AI agent cryptocurrencies by market cap.

 (GAME) is an AI agent development framework powered by the Virtuals Protocol. 

It lets developers quickly build modular, autonomous AI agents and deploy them to various environments, such as gaming, entertainment and social media platforms.

At the core level, GAME is supported by the Virtuals Protocol, a decentralized platform on the 

 Layer 2 chain that’s designed to power tokenized, co-owned AI agents with revenue-generating capabilities. Virtuals Protocol provides an environment for tokenizing and using AI agents for various use cases.

GAME by Virtuals supports low-code, efficient creation and management of AI agents that can easily be plugged into various web3 platforms and even interact in real time with other agents. By default, AI agents developed using the GAME framework are deployed as X (formerly Twitter) agents. In this capacity, they can serve varied purposes for crypto users and 

 (DApp) operators. This could include community building, market monitoring, news and trading signal aggregation, data collection and even API-based integration with external trading platforms.

Thanks to the framework's modular design, a GAME-based agent can include different functions that are easily plugged into and out of it. Additionally, GAME allows developers to create non–X AI agents from scratch to integrate into other environments, such as blockchain games, messaging networks like Telegram and other types of applications. In essence, the programming tool kit provided by GAME allows developers to specify sophisticated agent characteristics and autonomous behavior. For example, GAME-based autonomous agents might operate in gaming, virtual reality (VR) and virtual world applications, providing immersive experiences and carrying out complex tasks.

The development of X-based agents via GAME is a simplified process. Developers can utilize an Agent Sandbox, a test environment provided by the Virtuals Protocol, to specify the key characteristics of their AI agent on X. This is a streamlined way to quickly and efficiently launch a basic social media agent without having to create an agent token. 

After deploying the agent to X, developers can easily add or remove its functionalities to adapt the agent to their specific use cases.

For applications beyond X, developers can build an agent from scratch using the GAME framework's programming functions. In the project's terminology, this is called GAME-as-a-Service. Within this mode, the agent's decision-making rules and characteristics are specified via API calls. For those familiar with AI-based programming, GAME-as-a-Service provides a more powerful and flexible way to build AI agents, with high levels of functional sophistication, as compared to the Agent Sandbox.

To build and launch an AI agent, developers must specify three categories of attributes that define their agent’s behavior and autonomous decision-making: Agent Definition Prompts, High Level Planner (HLP) Context and Low Level Planner (HLP) Context.

— These include the agent’s goal, character card and world information. In essence, this trio of attributes determines the agent’s overall behavior, memory traits, personality, background, tweeting style and the specifics of its virtual environment.

— This high-level tool establishes the input information to provide a dynamic context for the agent's decisions.

— This is a set of instructions for the agent’s expected outputs to execute various actions and functions within its environment.

To build and deploy agents via GAME-as-a-Service, you’re expected to be familiar with technologies like JavaScript and JSON. The Virtuals platform also provides an agent-building software development kit (SDK) in Python.

The GAME by Virtuals framework’s associated crypto token is also known as GAME. As of early January 2025, the project has provided scant information regarding the token’s utility beyond its basic supply specifications. In general, AI agents launched via Virtuals Protocol are monetized using project-specific tokens. Thus, it’s expected that agents built via the GAME framework are monetized using the GAME token, and that the GAME token might also support additional use cases in the future.

For each token on the Virtuals Protocol, including GAME, there’s a corresponding liquidity pool in which each token is paired with VIRTUAL, the protocol’s native cryptocurrency. This facilitates monetization and trading opportunities for AI agents built using the framework.

The GAME token was launched on Oct 26, 2024 and features a maximum, total and circulating supply of 1 billion. Similar to VIRTUAL and other platform-specific tokens on the Virtuals Protocol, GAME has been issued on the Base blockchain.

You can buy the GAME token on Bybit’s Spot market as a trading pair (

Additionally, through Jan 23, 2025, 9AM UTC, you can take advantage of Bybit's campaign dedicated to the GAME token to grab a share of the 

. New users who complete basic identity verification can earn GAME rewards by accumulating a deposit volume of at least 500 GAME, or depositing at least 100 USDT and trading 100 USDT worth of GAME via their first trade using their Bybit account. Existing users can also qualify for rewards by trading at least 500 USDT worth of GAME on Bybit’s Spot market. The more you trade, the larger your share of the prize pool. 

As of Jan 15, 2025, the GAME token is trading at $0.1922, which is 51% lower than its ATH of $0.3918 on Jan 2, 2025, and 7,190% higher than its ATL of $0.002634 on Nov 20, 2024.

Long-term price forecasts for GAME are mostly bullish.DigitalCoinPrice 

 of $0.65 in 2027 and $0.99 in 2030, whileCoinCodex 

 at around $0.202 in 2027, and rise to $0.629 in 2030.

GAME isn't the only AI agent token on Virtuals Protocol. The protocol supports a variety of applications and use cases that focus on AI agent technology, each of which may have its own token. Excluding the main platform-wide cryptocurrency, VIRTUAL, the leading tokens within the protocol's ecosystem include 

As of Jan 14, 2025, GAME is the second-highest-ranked token in the Virtuals ecosystem by market cap, behind AIXBT, the token of the AI agent-based market intelligence solution AIXBT. However, if ranked by 

 (TVL), GAME is actually the top token on the protocol, with a current TVL of $24.85 million.

GAME by Virtuals is a convenient tool for blockchain developers to launch powerful AI agents — intelligent objects that can perform diverse functions on social media platforms, gaming environments and within a wide variety of other applications. Its framework makes it easy to create X-based agents, and for other platforms and more sophisticated needs a skilled developer has numerous functions and utilities within GAME to play with.

The crypto market also seems impressed with GAME by Virtuals, judging by the GAME token's early performance. As the AI sector, particularly its AI agent niche, continues to flourish and capture the business world's attention, the GAME framework is likely to find more use cases and eager adopters in the AI developer community.

Advanced

GAME by Virtuals .png

GAME by Virtuals (GAME): Your Gateway to Advanced AI Agent Development

Bitcoin liquid staking is a DeFi mechanism that enables BTC holders to earn passive yields. Learn more about how it works in this article.

The rise of Bitcoin liquid staking marks a significant evolution in cryptocurrency yield generation. At the core of this innovation is Babylon, a non-custodial infrastructure that serves as the foundation for Bitcoin liquid staking protocols like Lombard and pSTAKE. By building on Babylon, these protocols enable BTC holders to earn staking rewards while maintaining liquidity, BTC holders to earn rewards while retaining their assets’ liquidity, bridging the gap between Bitcoin's store-of-value proposition and yield opportunities within 

This article explores how Bitcoin liquid staking works, examines its advantages and risks, and considers whether it’s worth trying. We also analyze the leading Bitcoin liquid staking platforms driving adoption in this rapidly growing ecosystem.

Bitcoin liquid staking is a DeFi mechanism that enables BTC holders to earn passive yields by participating in 

 (PoS) networks and receive tradable tokens that maintain their Bitcoin's liquidity and utility in the broader DeFi ecosystem.

Liquid staking protocols open new yield-bearing opportunities in the Bitcoin ecosystem. While Ethereum liquid staking generates yields through network validation rewards, Bitcoin liquid staking creates returns by securing other blockchain networks, and through 

 that expand the utility of BTC beyond its primary function as a store of value.

Bitcoin liquid staking operates through a straightforward process that bridges traditional Bitcoin holding with DeFi functionality. When users stake their Bitcoin, they interact with specialized DeFi protocols that generate yield while maintaining liquidity.

First, users deposit their Bitcoin into a liquid staking protocol, where it's securely stored using various methods, which can include multi-signature wallets or other security mechanisms depending on the platform.

Users begin by depositing their Bitcoin into their chosen liquid staking protocol, which secures deposits through various methods like 

 or other security mechanisms. In return, they receive 

 (LSTs) representing their staked BTC on a 1:1 basis.

These LSTs can be used across various DeFi applications while the underlying Bitcoin works to secure PoS networks through protocols such as 

. The staking rewards are generated through point systems, protocol incentives or network fees, depending upon the specific Bitcoin liquid staking platform used.

, users' staked Bitcoin helps secure their networks. Rewards are typically distributed daily through the protocol's native tokens, which users can claim while holding their LST positions.

The unstaking process is equally straightforward — users can redeem their LSTs for their original Bitcoin whenever they choose, subject to any applicable unbonding periods or protocol-specific conditions.

Bitcoin liquid staking offers unique opportunities for yield generation, but it comes with its own set of risks that investors should carefully evaluate.

The Bitcoin liquid staking landscape offers diverse options for BTC holders seeking yield opportunities. Following are the top platforms.

Lombard transforms Bitcoin into a yield-generating asset through its LBTC token on Ethereum, with over $1.5 billion in 

 (TVL). The protocol integrates with established DeFi platforms like Morpho, Pendle and Symbiotic, enabling LBTC holders to access lending, borrowing and 

 opportunities. A 5% fee applies to staking rewards.

Following a successful private beta that attracted $230 million from over 4,000 institutional and individual users, Lombard has entered its public beta. Lombard maintains strict security standards through regular audits and a self-custodial model, ensuring LBTC remains fully backed by Bitcoin at a 1:1 ratio.

Recently launched by the Core Foundation, LstBTC is an 

 blockchain. The protocol enables daily rewards in CORE tokens through a dual staking model, whereby users can stake both Bitcoin and CORE tokens for enhanced yields.

Since its launch in April 2024, Core has attracted over 5,500 BTC (around $500 million) in staked assets and built a comprehensive 

 ecosystem. The protocol leverages Bitcoin 

 power for security, with about 55% of miners contributing to network stability.

 integration, allowing users to earn rewards from Layer 2 activity. The protocol converts deposited BTC into stBTC tokens for DeFi applications, enabling its users to earn daily Lightning Network routing fees without managing node infrastructure.

With over 105 active channels and the capacity to process over 18,000 

 (TPS), Stroom Network is secured by established validators, such as P2P.org and Allnodes. Stroom' 

 structure and multisig system ensure decentralized governance while managing Lightning Network integrations.

Babylon is an infrastructure protocol that enables Bitcoin holders to secure PoS networks through BTC staking without requiring 

 or third-party custody. The protocol has accumulated nearly 24,000 BTC in its ecosystem since launching in 2024.

Babylon’s platform prioritizes security through its innovative timestamping protocol, and partnerships with established validators like P2P.org. Though offering more conservative yields than competitors, Babylon's self-custodial model and robust security features have attracted institutional users seeking to put their Bitcoin to work while they maintain control of their assets.

 simplifies BTC yields through Bitcoin staking on Babylon's infrastructure. With over $35M in TVL, the platform offers two core offerings: a fixed-yield earn product (similar to Bybit Earn) accessible to all users and a Bitcoin LST, called YBTC, that offers tailored Bitcoin yield solutions to institutions.

Users can earn staking rewards from Bitcoin-secured networks by staking native BTC through 

. YBTC, a yield-bearing ERC-20 token on Ethereum backed 1:1 by BTC, connects with BNB Chain, Corn, B Squared, and Bitlayer through LayerZero integration.

Institutions can use YBTC in the BTCfi ecosystem to generate additional yields from DeFi protocols focused on restaking, yield farming, and more. PSTAKE — the protocol's incentivization, governance, and staking token — trades on exchanges like Bybit and can be staked on the Base L2 chain to earn Bitcoin rewards for participating in protocol and community activities.

Bitcoin liquid staking is worth considering if you:

Before participating, investors should carefully evaluate platform security, understand the technical aspects of liquid staking and assess their 

. Additionally, smart contract vulnerabilities and LST price fluctuations present real risks that need to be considered against potential rewards.

Choose a platform that aligns with your expertise level and goals. Established protocols like pSTAKE suit experienced DeFi users, while newer participants might prefer user-friendly platforms, such as Core's LstBTC. Start with smaller amounts of assets to familiarize yourself with the mechanics before committing significant capital.

Bitcoin liquid staking represents a significant evolution in Bitcoin's utility, offering holders new ways to earn yields while participating in the broader DeFi ecosystem. While the technology and protocols are still being developed, growing market adoption and continued innovation suggest a promising future for the Bitcoin liquid staking sector.

Intermediate

bitcoin liquid staking.png

Bitcoin Liquid Staking: New Yield Opportunities for BTC Holders

BlackRock has launched the iShares Bitcoin ETF (IBIT) on Cboe Canada, offering Canadian investors access to Bitcoin through brokerage accounts.

The S&P 500 rose 0.16% as focus shifts to inflation data and earnings reports from major banks. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.16%, with Bitcoin and Ether dropping by 1.14%  and 4.65%, respectively in the past 24 hours.

Today's top performer is AAVE, which surged 4.3% after the announcement of Aave and GHO's expansion across networks for broader integration.

Aave (AAVE), founded in 2017, is a decentralized lending platform on Ethereum for lending, borrowing, and earning interest on 17 cryptocurrencies. It uses smart contracts, collateral for loans, and aTokens for interest, along with features like instant loans. Aave is 

 to multiple networks, with ARFCs passed for Linea, Celo, and World Liberty Finance, while Sonic, Mantle, BOB, and Rootstock are in earlier stages. GHO stablecoin is also growing, with expansions to Avalanche and Base already approved. Aave and GHO aim for widespread integration.

 the iShares Bitcoin ETF (IBIT) on Cboe Canada, offering Canadian investors access to Bitcoin through brokerage accounts. The ETF mirrors Bitcoin's price performance by investing in the U.S. iShares Bitcoin Trust ETF, which holds long-term Bitcoin assets. This launch highlights BlackRock’s focus on innovation and simplifying Bitcoin exposure by addressing operational and custody complexities. Cboe Canada, known for pioneering financial products, emphasizes its role in expanding the crypto ecosystem. IBIT and IBIT.U join seven other iShares ETFs on Cboe Canada, enabling investors to trade via standard investment channels.

Yesterday, BTC Spot ETFs experienced outflows totaling $313.6M, including $89M from GBTC and $224.6M from non-GBTC sources.

 its governance token, $ANIME, in January 2025 with a total supply of 10 billion (7.69 billion initially circulating). Community allocation is 50.5%, including 2% for Hyperliquid stakers, Kaito yappers, and Arbitrum users. Completing Azuki's points tasks might help with eligibility for the airdrop.

BlackRock Launches iShares Bitcoin ETF on Cboe Canada for Simplified Crypto Access

Bybit Learn

Interviews

In the first of Bybit Learn's "Alpha Chats" series, we speak to Unipcs, known as Bonk Guy on Crypto Twitter (CT). He shares valuable insights on how to handle holding positions through large volatility, his outlook for meme coins and market predictions for 2025.

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Skinny_Banner-1600x400.webp

 on Crypto Twitter (CT) for turning $16,000 into over $18 million on his BONK position on Bybit.

A long-time user of Bybit and a Bybit partner, Unipcs sheds light on his crypto journey so far, sharing valuable insights on how to handle holding positions through large volatility, his outlook for meme coins and market predictions for 2025.

*Please note that this article and any tokens mentioned is not financial advice. The interview is slightly edited for formatting and grammar.

Q: Happy new year Unipcs! It's been a few months since you last 

 to Bybit. During that time, Bitcoin went above 100K and the term "Bonk Guy Was Right" was all over CT. How did it feel like being the main character on CT?

I've never cared about being 'main character' because it is often just a fleeting distraction and zero indication of how well you can trade or how much money you'll make at the end of the day, which is what matters most.

Although I did feel validation from people acknowledging that I at least know what I'm talking about due to the outperformance of my BONK trade, since many were clowning about me when I first came into the scene over a year ago and were claiming that I got lucky with that trade.

Q: What is Bonk Guy's crypto story — when and how did you get into crypto? How much did you start with? And what are some advice you would give to someone new starting out in crypto with a small portfolio?

I first discovered crypto over a decade ago when the Silk Road was being widely covered by mainstream media and they all kept mentioning the key role Bitcoin is playing in it.

I didn't take Bitcoin seriously at the time because it was painted as this shady internet money used by drug lords and serial killers.

I eventually did my own research and got into crypto years later when I realized that the media won't stop talking about it and something seemed off with the narrative they were painting.

I didn't start with a lot of capital: I initially started with five figures, lost everything, then restarted with much smaller capital. I can't remember the exact amount now, but it should be roughly mid to high four figs, and I've mostly built everything from there.

My advice if you're starting with a small portfolio and your goal is to rapidly increase your capital is that you should think beyond BTC: While BTC is the safest cryptocurrency to hold, you might want to consider having exposure to altcoins, meme coins and low caps.

Once you realize that you need altcoins to rapidly increase your small portfolio, how do you allocate?

Three things to pay attention to when allocating to altcoins/meme coins/low caps:

Q: In the last interview, you mentioned that FLOKI is your biggest meme coin holding. Is that still the case? What are some of your biggest meme coin holdings currently?

This is still the case: FLOKI remains my biggest meme coin holding.

I also have heavy exposure to the following meme coins:

And more recently, the market is choosing to go full r*tard, and I'm embracing it rather than fight it, so I now hold both Fartcoin and Butthole coin. as funny as that sounds! 😂

Q: In one of your most recent calls, you publicly called the Department of Government Efficiency (D.O.G.E) meme coin early before it rallied to $500M. How did you build conviction at an early stage, and what are some of the criteria you look at when selecting meme coins?

I first publicly called D.O.G.E around $9 million market cap, where I suggested not to fade it because Elon Musk is the greatest KOL alive and it's not even close!

To give you an idea of how much pull Elon has:

I've been here for several cycles and have made the majority of my wealth trading meme coins, and one of the most important lessons I've learned is to NEVER FADE ELON.

I mean just a week ago, a random meme coin pumped from sub $10m market cap to $400m market cap in 24 hours because Elon changed his name and profile picture to the Elon meme narrative that meme coin was created after.

The 'Department of Government Efficiency' narrative is probably the biggest meme coin narrative of this cycle, and one that Elon has been bullposting aggressively and will continue to.

The reason why the narrative is so big is because Elon thought it would be comical to have the acronym of a major US govt department be the same as that of his favorite meme coin Dogecoin. So he memed the idea of a Department of Government Efficiency (D.O.G.E) which Trump embraced and will now be launching.

This meme resulted in the birth of a new meme coin, 'Department of Government Efficiency', named after the actual department and narrative and it is currently one of the most undervalued meme coins in the space IMO.

I first called it at $9 million market cap, then it dipped to $6m market cap and i doubled down by buying more and telling people it is incredibly undervalued, then it rocketed to $500 million in a few weeks after Trump won and it was confirmed that the Department of Government Efficiency will be established. It is now sitting around $200m, after a cool down from the initial parabolic pump, and I think it is going much higher from here.

I pay attention to three key things when trying to build conviction in a meme coin, and these three things were why I felt that the Department of Government Efficiency meme coin will be such a winner so early on:

Q: Are you still bullish on D.O.G.E and why?

Yes, I'm still incredibly bullish on the Department of Government Efficiency / D.O.G.E meme coin because it is based on one of this cycle's greatest narratives and what I believe will be a strong narrative for the rest of the Trump administration.

And also for the reasons I highlighted above: it has strong narrative, community, and liquidity.

Elon Musk will literally be bullposting the narrative all cycle as the head of the Department of Government Efficiency. He also mentioned that there will be weekly 'Dogecasts' where they will promote transparency by talking about the activity of the department. This will create a lot of fodder for the mainstream media, citizen journalists, and literally everyone to start talking about the D.O.G.E department and narrative, and the irony of there being a meme coin named after it at incredible valuations, which will only increase its mindshare and help it send harder.

Q: In the last few months, you pointed out that "dino coins" had a strong run but meme coins are going to pump harder. Why do you think so?

Retail goes dormant into the bear market for a very long time until they hear about crypto still thriving years later.

Then they start gradually coming in and the first thing they rush to buy is the coins they are familiar with i.e. the DINO coins they bought last cycle. Eventually, they get more integrated into the ecosystem and learn that there are interesting meme coins that have outperformed all cycle, then they buy those as well.

Q: You mentioned in one of your posts that you think "this cycle will be different from others in some way." Could you elaborate on that?

 To be clear, when I say that I think this cycle will be different, I'm not trying to say that the bull run will not come to an end. It will!

I'm trying to say that a lot of people are underestimating how crazy things could get this cycle: For the very first time in crypto's 15-year history, we're going to have a US president that isn't just pro-crypto, but actually holds and uses crypto and is packing his cabinet with pro-crypto candidates and has promised to create a Strategic Bitcoin Reserve.

The implication of this is more than many realize: a strong message has been sent to the rest of the world about crypto and the effect of that is still yet to unfold IMO.

Then you can add to that the massive ETF flows and continued integration of crypto into the world's financial system.

This cycle will be a big one in a way that would greatly surprise many IMO.

Q: You highlight 3 verticals: meme coins, AI and RWA. With the recent hype over AI coins, what is your view on this narrative? And do you think it will outperform meme coins?

What's interesting is that I've seen many recently tweet about how meme coins are dead and AI is the only sector that will thrive this cycle, as if the recent AI trend is a new development.

I've been publicly highlighting the outperformance of the meme coin, AI, and RWA segments for around a year now and have said they would be the main narratives to watch this year. And that has so far played out!

So the recent outperformance of the AI agents aligns with what I've been saying since almost a year ago and is not, in fact, new and in due time, there will be a rotation back to meme coins and RWA later in the cycle and then rinse repeat.

Instead of thinking about which of the three verticals will outperform, why not have exposure to all three?

Q: You've held your BONK position throughout multiple large drawdowns. How did you deal with the volatility associated with meme coins, and how did you build the mental resilience to hold?

 I strongly believe that you cannot make generational wealth in crypto if you do not have the ability to stomach large drawdowns.

It is ironic that many want their coins to pump 1,000% but are then worried when it drops 90%. The same volatility that could allow a 90% drop is what allows you to enjoy a 1,000% pump. Realizing this has been a key learning experience for me!

I've traded hundreds of meme coins over the years, across cycles, and have seen how the most successful meme coins in history played out. In fact, I have had a lot of instances in which I purchased a meme coin and then sold due to impatience after a large and prolonged drawdown, only for the meme coin to rip hard after and go up thousands of Xs from where I sold... resulting in me losing generational wealth that would have easily netted me 8 figures each on several of my trades if I had held.

Meme coins by their very nature are incredibly volatile. All the most successful meme coins have a history of insane volatility: DOGE, SHIB, BONK, etc, all had their own periods of 99% drawdowns after their initial rallies.

So, it isn't unusual for a meme coin to experience a significant correction after its first few pumps.

The key thing is to have a thesis, and one that is as objective as possible, for any meme coin you're trading and then re-evaluate this thesis on a regular basis. If your thesis stands, then periods of sharp drawdowns should be opportunities to buy more or simply HODL.

Q: What are some of your biggest trading mistakes? What did you learn from it and how did you overcome it?

My biggest trading mistake is having a lack of conviction: I've had early entries into some of the world's biggest meme coins and altcoins in the early days, including meme coins like Shiba Inu for example, where I invested a few hundreds of dollars and sold for a few Xs what would have resulted in thousands of Xs and would be worth 8 figures at its peak.

My second biggest mistake is oversizing and overtrading: Many hear about my story and think about me as some god-tier trader because I turned $16k to $18,000,000+ on a single trade, but I make sure to emphasize repeatedly on my Twitter page that I make mistakes and I'm often wrong. One such mistake is oversizing and overtrading after a big win. This mistake has resulted in me losing seven figures from FOMO trading, be it on perps leverage or by buying the top of tokens that have pumped.

As a result, I have learned that sometimes the best thing to do is just sit on my hands and watch, especially when I feel the strongest urge to FOMO.

I've learnt that there is an overabundance of opportunities in this space and new opportunities will always come, so it is better to resist the urge to FOMO at all times no matter what.

Q: What are your strategies on taking profits? How do you deal with FOMO/greed when price continues to pump?

I simply give myself a target for my coins and take profit there. Sometimes this is a market cap target, at other times it is a sentiment target (e.g. what's the sentiment about this coin or the market as a whole at this time?)

For example, I intend to exit the majority of my positions this cycle once I think the market is in a stage of retail euphoria or mania, regardless of the price or market cap of the token.

I'm not too bothered about FOMO/greed when price continues to pump. That only bothers me when I sold due to a lack of conviction, but if I sold because a coin hits my target, then whatever happens after is none of my business.

Q: Besides your very televised BONK long on Bybit, how else do you use Bybit in your trading/investing strategy?

 I use Bybit for spot trading and perps trading of other cryptocurrencies as well, especially low caps.

Bybit has been pretty good at listing some of the hottest meme coins this cycle very early, especially on perps as a low cap, so this has made it one of my favorite exchanges for trading perps on low cap meme coins before Binance or other T1s list the meme coin.

Q: Finally, what are your predictions for the crypto market in 2025?

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'Bonk Guy' Was Right? Unipcs Reveals How to Catch 1000Xs on Meme Coins

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards