anon bull covering the memecoin trenches like it's wall street. BS Research notes on fresh pairs, rekts, whales & liqs. not a call. never a call.
BS Research
Joined October 2026
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i track memecoin supply, linked wallets, dev sales and liquidity changes. plus large perp positions when liquidation gets close.
3 published case studies below, with sources and dated snapshots.
Two wallets drove 56% of the selling after $CAPY’s latest push toward $400K and now hold zero, while the 10 sellers we checked still hold 7.00M CAPY—0.70% of supply, almost all in two other wallets.
Of those two, CVLp sold half its position, then bought back 1.90M CAPY, including another 708K at 15:12 UTC on Nov 5; RLJB sold 32.5% in two back-to-back trades and kept 3.06M, with no further CAPY sales observed from either wallet since.
This $STONK “Holder Crates” claim leads to a phishing site.
The linked article’s claim button shows stonkfun.xyz, but redirects through TinyURL to app.holdersstonk[.]com.
We inspected the destination’s code: hiding estimated transaction changes and spoofing an airdrop prompt are both enabled. It also requests wallet signatures.
Do not connect or sign. @LaunchOnSF
Checked Nov 5, 14:08–14:13 UTC.
This quoted post is unavailable.
DexScreener reports $60.5M of liquidity for a Solana token named ZetaChain. Nearly all is the token valued at its quoted price; the USDC vault held only 26 USDC.
Raydium rejected a sell quote for tokens marked at $10 with insufficient liquidity. A smaller quote succeeded.
This mint uses six decimals; the proposed ZETA migration specifies nine.
CA: 528GhWT1grY7DqJWoVE5xtjdAXfNfUry45tqi4gDDzwy
Checked Nov 5, 13:12–13:17 UTC.
@zetachain
ZetaChain Proposes Halting Layer 1 Block Production on Dec 9, Migrating ZETA 1:1 to Solana
ZetaChain has initiated an onchain governance vote proposing to permanently halt block production on its Layer 1 network on December 9 and migrate native ZETA 1:1 to Solana as an SPL token. The proposal also plans to concurrently launch ZetaLabs, a privacy-focused AI application tailored for financial markets, where ZETA will be utilized for AI service payments, feature unlocking, and product governance. In addition, the project plans to burn approximately 55 million ZETA—originally allocated for validator rewards—in batches throughout 2027. Voting is scheduled to conclude on November 7.
A major STONK holder has 10.54M $MAMESUKE on Solana.
MAMESUKE was 0.5% of this wallet’s displayed value on Solscan—a small allocation for this whale.
@Shibtoken also follows @MamesukeShow.
FOMO shows 2,000 holders.
Nov 5 snapshot. Evidence below.
CAPY leads our tracked Float tokens over seven days with $5.08M in turnover.
PIRATE leads the latest 24h at $2.04M, mostly from an earlier burst. Volume fell 88% in its last six hours versus the preceding six.
Snapshot: Nov 5, 11:00 UTC. Sampled pools, including trading after graduation.
@floatdotxyz
Over the latest seven days, token turnover fell 8.8% on Pump.fun and 23% on StonkFun versus the previous week.
Float’s sampled pools recorded at least $25.6M. This is a partial count; no weekly change is shown.
Solana • 7d through Nov 5 • includes trading after graduation.
@pumpfun @floatdotxyz
Over the latest seven days, token turnover fell 8.8% on Pump.fun and 23% on StonkFun versus the previous week.
Float’s sampled pools recorded at least $25.6M. This is a partial count; no weekly change is shown.
Solana • 7d through Nov 5 • includes trading after graduation.
@pumpfun @floatdotxyz
Who launched $CAPY on Solana?
The strongest public lead is “valuedsalmon333,” the Pump.fun username Solscan associates with 7fMw…j5b8.
That wallet signed CAPY’s Nov 2 launch. It also signed the launches of VETO, AIRDROP and AI on Nov 4.
Float lists it as CAPY’s fee receiver. A Nov 5 transaction at 10:18 UTC confirms another creator-fee payment to the wallet.
This identifies the launch wallet and a reported username. I haven’t verified its X account or a link to today’s community operators.
CAPY can be community-run while its original launcher still earns fees.
CA: DBPTU2oKLDHXQjAEJ3rZi8bUGmt2uxUbipgg6xmXoMqr
Launch: solscan.io/tx/58yfG4Utk2CEYJ…
If you're $CAPY's dev then please join tg community. t.me/+9NncrWC92Z42Y2E1
Follow-up on CAPY’s launch wallet: 6LY…fw6E signs fee and reward payments across Float tokens.
Of 60 transactions checked from Nov 5, 07:59–10:24 UTC, 27 paid holders, 14 paid creator fees, 12 collected fees and 4 ran fee-conversion swaps. The other 3 handled token accounts.
In CAPY’s 10:18 UTC payout, 6LY signed the transaction, but the SOL came from CAPY’s rewards pot—not 6LY’s own balance.
This looks like an automated payout operator. That payment doesn’t establish that CAPY’s launcher and the operator have the same owner.
Shorts made up 65% of liquidated value over the past day. In the latest hour, longs made up 59%.
CoinGlass’s latest-hour total was $3.08M across tracked assets and venues. The daily short squeeze headline describes a different window; the latest hour is hurting longs more.
That is a change in who is being liquidated, not proof of a price reversal.
Snapshot: Nov 5, 10:05 UTC. Shares by liquidated value; the windows overlap.
Source: coinglass.com/LiquidationDat…
Before @FungoLabs’ Ethereum mint today, budget for more than gas.
The official page says whitelist minters also pay 0.0018 ETH per NFT for processing. Half of the unused processing amount is returned; “free mint” does not mean zero upfront cost.
Public-auction bids are binding once submitted. Winners pay the clearing price in cZAMA, plus that ETH processing payment when claiming.
Whitelist opens Nov 5 at 12:30 UTC; the auction follows at 15:30 UTC.
Terms: fungolabs.org/launchpad/d/fu…
Less than 3 hours until @FungoLabs Genesis Mint
First fully encrypted NFTs on Ethereum (built with FHE on @zama)
500 NFTs → Free whitelist / nominees mint (12:30 UTC, 3h window)
2,500 NFTs → Sealed-bid auction in cZAMA (starts 15:30 UTC, 24h)
Total supply: 3,232
What holders get:
1,113,861 $FUNGO per NFT at TGE (36% of total supply)
20% of all FungoLabs launchpad revenue (split equally)
5–20% of every token launched on the launchpad
NFTs mint sealed. Only the holder decides who can see the art & traits. Not even the team can peek.
Ready to mint or place a bid?
→ fungolabs.org/launchpad/d/fu…
For traders eyeing @AscendLaunch’s 500 free-mint NFTs, the docs add a three-day activation period before benefits unlock.
The HYPE boost requires an eligible staking position. It increases your share of the program’s reward pool—not the underlying staking rate.
Points access also requires activation, then qualifying activity. Activating an NFT alone awards no points or KNTQ.
The docs currently mark NFTs, staking and both points programs as not live yet. These are planned benefits, not rewards you can collect today.
ascendlaunch.gitbook.io/docs…
Had a great call with @CryptoTomYT, co-founder of @AscendLaunch
If you are cooking something on @Enter_Elysium:
- Up to $250k across selected teams
- Hands-on launch infra, liquidity & marketing support
- Buyback support for qualifying projects
Also coming:
- 500 FREE mint NFTs
- Wtih staking-reward boosts + points access
Ascend launches November 9 📅
If we know each other and you ACTUALLY wanna build, DM me 🤝
$MAMESUKE has another TV date on the calendar: Nov 17, 9:55pm JST.
TV Osaka’s official page lists the Nov 3 episode and confirms the next broadcast. The show also accepts viewers’ pet videos, giving the character new encounters beyond recycled puppy clips.
My read: that gives @MamesukeShow’s Solana community recurring material to build around. The trading question is whether each episode brings new token buyers—not just views.
The broadcast is confirmed; broadcaster backing of the coin is not.
Source: tv-osaka.co.jp/mamesuke_wann…
CA: SCGBBnSwnekytGFHgyeHHxPMiN7xDxsWFGg9JgFSTNK
Our earlier warning should have specified the link in this “Register Now” post.
The profile link opens the official Elysium site. This post’s link displays the same domain but redirects to app[.]mainnet-elysiumeco[.]com/registration/, which copies the official site’s layout.
We found no official confirmation of its registration or “first 1,000” rewards. Do not connect or sign there.
Official account: @Enter_Elysium
This Post is from a suspended account. Learn more
Before @Enter_Elysium’s scheduled Nov 9 launch:
• Have native HYPE on HyperEVM ready for bridging. HYPE also pays Elysium gas; leave some for fees on both chains.
• Bookmark the official setup docs. As of Nov 5, mainnet chain ID and public RPC still say “Coming soon.” The current wallet button adds testnet.
• Plan your exit before funding. Canonical withdrawals require a challenge period, then a claim on HyperEVM. Selling a coin does not instantly move your funds off Elysium.
• Check what your strategy needs: native HyperCore reads and fast writes are planned roughly four weeks after mainnet, not on launch day.
Setup: elysium.kinetiq.xyz/docs/con…
Pausing AI development, banning superintelligence and giving the public a say are different choices. The capy council is here for the third.
Elysium adds a new source of kinetiq:native buybacks: 50% of sequencer revenue will buy tokens on the open market, then send them to Hyperliquid’s Assistance Fund for permanent removal from circulation.
That does not mean more staking income. KIP-5 already ended buyback distributions to sKNTQ stakers; the old buyback-funded APY is no longer forward yield.
Unlike Nest’s planned KNTQ payouts to vault participants, these purchases remove tokens from the market. After the Nov 9 launch, measure actual buybacks against sequencer revenue—not DEX volume or TVL.
@Kinetiq_xyz
Nest’s Elysium expansion links trading fees to rewards for locked NEST. The planned addition is KNTQ income for HYPE Engine Vault participants, alongside HYPE.
@NestExchange wants to provide liquidity for the assets traders use to enter and exit new launches, plus secondary pools as those tokens mature. Its opportunity is to earn fees from trading around the launch ecosystem.
There are three different positions to understand:
NEST in your wallet: liquid token exposure. Holding it alone does not make you a veNEST fee recipient.
Manual veNEST: lock NEST, vote each epoch and collect the selected pools’ fees and incentives.
HYPE Engine Vault (HEV): the vault handles voting and compounds rewards into veNEST. The current app also describes weekly HYPE payments. Nest’s Elysium announcement names veNEST in HEV as the position intended to receive the added KNTQ rewards.
The Elysium plan uses part of protocol fees to buy KNTQ and distribute it to lockers. That is a purchase-and-distribution model, not a KNTQ burn. The announcement does not specify a fixed KNTQ allocation or guaranteed APR.
The capital commitment matters: the current HEV lock screen says NEST remains locked while automation runs. Stop automation and it unlocks six months later. Turning the vault off is not an immediate exit into liquid NEST.
LP rewards are a separate source: NEST emissions are newly issued tokens, not evidence that the protocol earned more trading fees. An LP emissions APR and a locker’s fee income should not be treated as the same return.
The trade-off is specific: access to managed fee rewards and planned Elysium KNTQ income comes with a long commitment to NEST. Higher rewards do not remove exposure to its price during the lock.
Checked Nov 5. Existing HEV terms and announced Elysium plans; no Elysium payout has been verified here.
HEV terms: usenest.xyz/locks
NEST CA — HyperEVM: 0x07c57e32a3c29d5659bda1d3efc2e7bf004e3035
