$TANGEM
StableSnapshot Window: 2026-07-22 20:50 UTC · ← Back to Crypto Overview
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WizardOfSoho explains one of crypto's wildest fundraising eras "There was a time when KOLs would simply post a wallet address on X and say they were raising money to launch a coin" Some raised $25M–$30M Meanwhile, one creator @level941 tried the same thing... He raised around [Spoken audio]: But the people who were like seed on this were a lot of like Oh, I wouldn't say griptors, but like like it's like Defi season Ico season like 27 20 18 2020 like they haven't done a single good trade since so They probably saw liquidity in this and they were just like every time to get out get there unlock dump dump dump I remember Ansem used to shill this a lot. There were multiple guys in the city, I think it was a guy called Pigeon 2, he used to come in and kind of like shill this. Oh yeah, I remember, I used to fight with him all the time, then he went crazy. Yeah, yeah, he turned off his, he kind of rebranded his entire thing, so this is what happened with him. So maybe 2023 or whatever, there was this huge meta where you would put like shitty KOLs would put like an email, not email, sorry, their address on Twitter and say like, I'm raising money to launch a coin. And yeah, Ben then stuff, yeah, I remember Ben. These guys raised like $25, $30 million. Like it was insane. So Ben didn't kept talking shit about them. And he was like, you know what? I'm going to raise my own and launch my own coin. And he put an address and I think he raised like, I think it was like 900 bucks. And then he was, yeah, seriously. And then he was like, oh, I was just kidding. Obviously I'm not going to launch a meme coin. Everybody knew it was a joke. I was like, everybody was like, no, bro, you put this out, legit. And all you did was raise 900 where people that nobody even knows with like 50 followers. there was this one guy with like 800 followers he raised 10 million so it was like okay come on this is just all bullshit I remember that 10 million guy he had like no followers yeah there was nuts dude there was the guy the crocodile he had like a crocodile pft this is like after bomb like his bone only raised like a couple hundred thousand never under billions and so all the next guys were like shitty artists were like okay I'm gonna launch Here's my address and it was just I mean it maybe went like one and a half to X But and then some just burnt like the entire supply like it was hilarious