Recap · July 31, 2025 · 31:02
Profit: $300M+ Fumble, Best Crypto Traders Ever, and More | TG Podcast
The Signal
Profit returns to describe a Solana trading environment he finds more efficient, more copy-driven, and much less enjoyable than the 2024 run. He walks through Grand FNF's private tooling, a $3 million Trump trade that briefly represented vastly more on paper, and why he now admires Cupsy's relentless short-term style even while blaming it for changing the market.
Key Takeaways
- 01
Bonk's edge is active support
Profit contrasts Bonk's vocal team, community interaction, buybacks, and technical updates with Pump.fun's silence. He believes Bonk can keep taking ground if that pattern continues.
- 02
Grand's advantage was a filter
A developer friend built a private tool that screened projects using factors such as Twitter authenticity, developer identity, and onchain conditions. Profit says it produced multiple seven-figure gains during the AI-hackathon period.
- 03
Trump was both the win and the fumble
He says he realized about $3 million on Trump but had 4.2 million tokens, briefly worth around $300 million at the top. Selling too early remains a daily source of regret and prompted a move toward larger positions.
- 04
The old discovery edge became public
Twitter trackers, monitors, and other tools once held by small groups are now widely available. Profit sees that spread of infrastructure as a reason the chain has become more solved.
- 05
A new trader needs repetition
His reluctant advice is to trade like Cupsy: watch the market all day, take repeated smaller gains, build an audience of copy traders, and ask experienced people questions. He admits he lacks the appetite for that pace himself.
On the Record
“Bonk has a team of Avengers. Pump has one person, and that one person doesn't speak at all.”
“It was busted. It generally wasn't fair, I'm not going to lie.”
“In 48 hours I was worth like 300 mil at the top.”
“Cupsy's grind set definitely has to be studied in a lab. He trades all day long. I wake up, he's already trading. I go to sleep, he's still trading.”
The Breakdown
A market run by calls rather than conviction
Profit starts from frustration: he calls current onchain trading crime-heavy and says people buy or sell because a key opinion leader does, rather than thinking independently. He singles out UniPCS, Pal, Cadence, and the Bonk orbit as influential voices. In his account, Bonk wins because it communicates, supports coins, buys back tokens, and keeps shipping; Pump.fun looks passive by comparison.
The BOOP pool that priced itself wrong
His BOOP trade began when a contract address had circulated for about an hour and a pool suddenly went live. Seeing buyers on Orca, he piled in, later discovering the pool had run out of tokens while buyers were using Raydium instead. That mismatch created an arbitrage: he says the position was up roughly $900,000 before he noticed, and he ultimately made about $600,000 after adding back too aggressively.
Grand, from Fortnite friends to a voice call
Profit says the members of Grand knew one another before crypto through Fortnite, then passed through NFTs before forming a new group for coins. He considers Grand, Bandido, and Phantom Troop top-three friend-and-family groups, but stresses that live voice chat mattered more than a label. When ten hungry people call opportunities in real time, he says, the group sees more than an individual can; during the hot market he stayed in VC from late morning until 2 a.m.
A private scanner during AI season
A close developer friend gave the group custom Memescope-style technology that filtered obvious junk and checked signals including social accounts, developer status, bundles, and supply. Profit won't detail the remaining edge because the tool is still useful, but says it helped him find Cat G and Solar AI early enough to make seven figures on each. His weakness was execution after entry: he was early and held supply, but did not know how to scale out patiently.
Four million Trump tokens, sold too soon
The January Trump launch changed his relationship with risk. Profit says he made about $3 million, yet his 4.2 million tokens would have been worth about $300 million at the top had he held longer. He calls it simultaneously one of his best and worst trades, imagining that a much larger realization might have taken him away from the screen entirely. After Trump, Melania, and Libra, he began taking substantially larger positions while retaining a 50% stop-loss discipline.
When the tools become everybody's tools
Profit sees the chain as more scheduled and efficient now, with fewer late-night runners. He recalls Grand initially sharing a Whoop-style tracker among roughly ten Discord members; the product eventually grew enough to draw a cease-and-desist. That arc explains his pessimism: Twitter monitors and other discovery tools are no longer scarce, so new entrants arrive with the same basic infrastructure that once made a small group unusually fast.
The reluctant case for Cupsy mode
Although he says streaming and copy trading have degraded independent thought, Profit's practical advice to a beginner is to imitate Cupsy's work rate: stay on Memescope, repeatedly take 20% to 50% gains, cultivate copy traders, and keep learning through direct messages and groups. He describes Cupsy taking large allocations very early and now scaling out as volume rises. Profit himself calls the current work a chore, but says the opportunity still has to be taken.
Distilled from the episode transcript · Counterparty Recap Desk
