As expected, that report has attracted considerable attention; for context, this post alone has been viewed by over 2 million users on Twitter. We have received tons of positive responses – the average crypto investor appreciates the information, and many people are starting to speak up against corporate 'cabal' memecoins.

Unsurprisingly, the cabals are fighting back, and we've seen all sorts of tantrums and attacks from the projects we called out in that report.

Given these developments, it is time for a follow-up report. Today, we go deeper to expose the ruthlessness of the cabals and the sycophancy of their allies.

It is also important for us to clear the air to show how their attacks against us are baseless, false, and an incompetent attempt to protect their corporate meme bags. The cabals don't have your best interests at heart; they only care about themselves, but we won't let them get away with it.

Let's dive in!

TLDR

• The cabals behind corporate memecoins are fighting dirty to protect their bags after our initial exposé.
• They're orchestrating bot attacks, misinformation, and even threats of violence against our team.
• But the market has spoken - organic memes like POPCAT are surging while cabal coins dump
• Our ethical approach of no insider deals is validated as we keep delivering alpha with early calls on WIF, POPCAT and more.
• We're compiling a "Corporate Cabal Memecoin" alert table to raise community awareness.
• We won't stop calling out shady practices, and we urge everyone to stand firm and resist cabals; don't yield the advantage.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results. "One Glance" by Cryptonary sometimes uses the RR trading tool to help you quickly understand our analysis. These are not signals, and they are not financial advice.

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We hit the cabal where it hurts

First, let's see how the market responded to our corporate vs organic memecoins report. 

When we published that report on April 26, we highlighted POPCAT as an example of an organic memecoin and MEW as an example of a cabal memecoin. Since then, Popcat has risen around 90% to recent highs, while MEW dropped around 40% to the lows.

Popcat chart

Mew chart

But price action is only one part of the story. Beyond price action, many people are wisening up and jumping off the ship of the corporate memecoins.

Mew has been experiencing a significant decrease in its holder count, losing more than 2,200 holders. In contrast, the number of Popcat holders has steadily increased, recently exceeding 45,000.

Here's the kicker: despite MEW having a larger holder base, it is important to note that Mew was airdropped at launch. So, most of the 192k holders got airdrops; they didn't buy the coins. As we said in our previous report, the holders that bought a memecoin on-chain are more important than holders that got airdrops. The cabals know how to pad their holder numbers with airdrops to create the illusion that many people believe in the project. 

But as you can see from the rapid decline in holder numbers, it is all a smokescreen. Organic memecoins don't lose holders that rapidly; if you have invested in and are still holding corporate memecoins, you are unwittingly padding up holder numbers for the cabals.

The smart money is already abandoning these corporate memecoins. Many have rotated from Mew to Popcat after our report – don't be a bag holder for the cabal to dump on. 

The dark underbelly of corporate memecoins

As we mentioned earlier, the cabals behind corporate memecoins are fighting back, and they've been orchestrating threats, accusations, and cyberstalking against the Cryptonary brand and team. Over the last week, our team has faced severe threats and harassment from the people behind these corporate memecoins.

Coordinated bot attacks

The nature of these threats has been alarming as we have started to see evidence of coordinated bot attacks under our posts, sending the same messages. The fake accusation that Cryptonary owns most of POPCAT is false, baseless, and completely without merit.

And no, the bot attacks weren't harmless; they were sinister and hinted at threats to our team. They even went as far as displaying inexcusable thuggish behaviour, such as sharing personal information—and all for what? So that they could continue unchecked in their plan to dump on retail investors. 

 

Misinformation 

When the cabal saw that we didn't back down, they took their attacks further by starting a misinformation campaign. We address the baseless claims in the next section, but the misinformation campaign goes on to show how pathetic the conspiracy behind the corporate memes is. 

The kind of misinformation they spread goes on to show their thought process because that's the very thing they do. They allocate a large portion of their corporate memecoins to insiders, use unscrupulous influencers and KOLs to drive up sentiment, just to make money to buy another boat while dumping on the hapless guy who just wants to save up money for a down payment on a house. 

Threats of violence 

It didn't end with coordinated bot attacks and misinformation. The cabal then started issuing veiled threats of violence. 

Using multiple bot accounts to post the same cryptic message amplifies the potential threat.

• References to "brainstorming session" with bats (baseball bats can be used as weapons).
• Mentioning disposing of a wooden bat, implying getting rid of evidence.
• Providing a specific address and phone number, suggesting potential targeting of a person/location.
• The phrase "keep an eye out for my wave" sounds like a coded instruction to look for a signal.

Here's the thing.

Not vibing with organic memecoins is one thing, but threatening proponents of organic memes is another thing. You cannot forcibly impose your artificial memecoins on the market; the whole idea of memes is deeply organic. 

Memecoins are for retail, not VCs

Unlike others, we have always been transparent with our methods and ethics. Our mission here is to connect people to the most exciting opportunities in Web3. Currently, memecoins present that opportunity, and we won't stand by while VCs hijack the narrative.

But let's dive quickly into the ethics of our participation in the memecoin supercycle to debunk the baseless accusations from the cabals.

Methods

We've shared our criteria for choosing memecoins in our memecoin masterclass and corporate vs organic memecoins reports; we would like to repeat them here. We aren't only supporting the memecoins we called, such as WIF, POPCAT, and BODEN. Several other memecoins fall into the organic category, and they have our broad support. Our criteria are straightforward; to qualify as an organic memecoin, a coin must:

1. Pass our rug pull test (E.g. Liquidity is locked, not mintable, ownership renounced, wide distribution, we track the creator's transactions and see whether he already locked/sold all tokens, we look at the volume, liquidity, etc.)  
2. Survive 3/7/21 days. The longer, the better.
3. Have a hot narrative or catalyst. 
4. Be community-owned, multiple 80% drawdown and recovery. Community takeover is preferable.
5. Have at least 3k holders if the meme coin is still small and at least 10k if the market cap is bigger than $10m. The 3k number comes from our observations using the Dither Bot. We have seen many meme launches, and we have observed that many memes that don't cross 3k holders eventually end up going to 0.

Ethics

We at Cryptonary will never put ourselves in a position where we own any coin's supply beforehand. Cryptonary does not own a significant supply of any memecoin.

Therefore, our picks have wide distributions, which are clearly visible when you compare their token distribution with that of VC cabal coins.

More importantly, Cryptonary, as a company, never does partnerships, collaborations, promotions, or ads for any project. 

Instead, we invest our time and resources into conducting thorough research to deliver high-quality, well-researched content to our community.  

We run our business solely on subscription revenue. We believe in the quality of our research, so we are not shy about charging a subscription fee. 

The only way to access our research is to pay for it, and our users have been winning big time. Remember: if you aren't paying for the product, you are the product—but that's not our business model.

At the forefront of the memecoin revolution

We have been at the forefront of the memecoin revolution. 

By identifying promising memecoins like WIF and Popcat early on, we have demonstrated our ability to stay ahead of the curve, set trends ourselves and provide actionable insights to our community.

WIF has experienced a meteoric resurgence, surpassing BONK as the Solana network's top meme coin by market capitalisation. Popcat is also on its way to becoming the first cat coin to reach a billion-dollar market cap and establish itself as a top cat for years ahead.

We have provided comprehensive reports and updates on these coins both when they were up and when they had their -80% drawdowns, helping our community navigate the turbulence of the memecoin market.

Early accurate calls have given us credibility, and many people in the industry are watching our next moves. For example, Poowel has performed incredibly well, and USA set out a new meta of national coins after our report.

USA chart

Poowel chart

As our success and influence grow, VCs and cabals are increasingly scared, resorting to malicious attacks and manipulations because we are stopping liquidity from going to their coins.

It's crucial not to yield the advantage and keep supporting organic memecoins because they represent the most equitable and purest form of speculation. This is in sharp contrast to VC coins, where insiders often hold a substantial portion of the supply and have backdoor deals.

Due to the growing number of cabal memecoins in the market, we are creating a "Corporate cabal meme coin" alert table to list suspicious coins for community awareness. The table can be used for reference and will be updated continuously.

 

A call for unity among organic memecoin communities

At the end of the day, we are all like-minded people in a common pursuit to have fun with memes and potentially change our lives. While the lighthearted rivalry between organic memecoin communities is good and healthy - may the best meme win - we shouldn't lose sight of the bigger threat posed by the cabals and their corporate memecoins.

Defeating the cabals is in our best interest. Their memecoins are designed around zero-sum games favouring VCs and their shady KOL partners. In contrast, organic memecoins have the potential to create positive-sum outcomes where everyone can win.

So we call on all organic memecoin communities to unite in this fight. Support each other, share information and research, and rally behind community-driven and decentralised meme projects. Together, we are stronger than any corporate cabal.

Remember, memes were meant to be fun and empowering for the people - not just another cash cow for the elite. By sticking together, we can reclaim the true spirit of memes and ensure the memecoin revolution benefits everyone, not just the privileged few.

Cryptonary's take

A movement has begun. Crypto is now divided between retail investors, honest influencers, and KOLs on the one hand and cabals and their paid hacks, who turn to vampire attacks to protect their bags on the other.

We stand on the side of organic memecoins. The market cap of organic vs. corporate memes will be heavily skewed towards organic memes as we believe it is a people's market, and VC coins will fail.

Looking at our picks, WIF is the strongest chart in crypto. Popcat is on its way to a billion-dollar market cap to establish itself as a top cat coin in the market for many years.

Trump & Boden will perform well during elections. Powell is a bet for every macro event and economic development, and the USA is the leading meme for the country meta.

This is a call to stay vigilant and not fall into the trap of VC-endorsed memecoins. Many influencers and VCs are trying to take a slice of the memecoin supercycle by making shady deals and having insider allocations. 

We have never struck a deal with anyone, and our reports are based on pure, ethical research only. We will maintain our best practices and deliver the best picks based on our transparent methodology.

Speaking about picks, watch out for our next meme coin report on national coins. It will delve into a new niche within the meme coin market, explore its upside, potential risks, and whether you should invest in it. 

Until then, don't fumble the bag.

Cryptonary, OUT!

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