GM. This is Dumb Money, rounding up the internet's biggest Ls so you don't make them yourself.
Today's menu features a coordinated rug-pull ring, a car company nobody believed in, and a token unlock that one trader tried to front-run with 40x leverage.
$294K in combined losses. Three accounts. Three very different ways to arrive at the same place: zero.
Here's what we've got today:
๐ Robinhood Chain rug pull. $186,400 across 53 scam tokens. Nearly zero left.
๐ STLA weekly calls before Q3 sales. Jeep down 20%. Calls down 100%.
โก 40x long HYPE right before an $860M token unlock. Liquidated in 47 minutes.
๐คฃ Dumb memes from the trenches.
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The Day The Old Money Dies
On December 14, President Trump will gather the leaders of the worldโs largest economies at his private Miami resort.
And I believe what happens there could change the U.S. dollar forever โ potentially triggering a historic repricing across American markets.
The pieces are already falling into place:
A flurry of executive ordersโฆ billion-dollar government stakes in obscure mining companiesโฆ a landmark pact with 13 nationsโฆ and a special agreement signed by six billionaire tech moguls.
At Trumpโs December summit, those pieces could finally be assembled in public for the first time โ and a new kind of dollar presented to the world as a done deal.
Whether youโre a Republican or Democrat โ whether you support this monetary shift or oppose it โ you could soon be using Trumpโs New Dollar.
Thatโs why Iโve produced this critical new documentary revealing:
Why I believe Trump is desperately trying to reset Americaโs moneyโฆ
Why this has nothing to do with Bitcoin or gold โ but is tied to the most valuable resource of the 21st centuryโฆ
And three moves I believe you can make today to prepare โ including the name and ticker of the investment I believe could benefit as this shift unfolds.
The last time America reset its money, it reportedly created โ on average โ more than 1,000 new millionaires every day for five decades.
But that was only one side of the story.
Millions of workers and savers were quietly left behind as their wages stalled, their savings were hollowed out and the American Dream slipped beyond their reach.
Now, I believe that same dividing line could be drawn again.
LOSS OF THE DAY ๐
Every day we crown one person who made the worst financial decision on the internet.
Today's winner walked into a rug pull that had already been publicly documented. Not a new scam. A known one. With a spreadsheet.
Here's the setup. A guy on r/CryptoCurrency spotted a token called $CRUMBS on Robinhood Chain. It was trending. The chart was going up. That was his entire thesis.
One problem: $CRUMBS was one of 53 tokens launched by a single coordinated rug-pull operation. An onchain analyst had already posted the wallet connections. The thread had 2,000 upvotes.
Our guy didn't read the thread. He read the chart.
He put $186,400 into $CRUMBS and two other tokens from the same ring.
$142,000 into $CRUMBS. $26,600 into $LEGS. $17,800 into $PINK. All three were on the analyst's list. All three had the same deployer wallet.
The group pulled liquidity on all 53 tokens within a week. Total haul: $18.43 million in two months. His share of the damage: $183,216.
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TOTAL RETURN -$183,216.00 โผ $186,400.00 (-98.29%) All Time 1D 1W 1M 3M ALL | ||||||||||||||||||||||||
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"How do I report a rug pull to the police" Put $186K into three tokens on Robinhood Chain. All three were part of the same 53-token scam ring documented last week by an onchain analyst. I did not read that thread. Top comment: "You can report it. They will nod. Nothing will happen." Second top comment: "Brother the evidence was literally pinned to the front page of this sub."
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| What is a rug pull? A rug pull is when the creators of a token remove all the liquidity from the trading pool, making it impossible for anyone else to sell. The price goes to effectively zero in seconds. In this case, one group ran 53 separate tokens using the same playbook, stealing $18.43 million total. |
The warning was free. The thread was public. The spreadsheet was color-coded. He bought anyway.
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TODAY'S CASUALTIES ๐
Not everybody can be Loss of the Day. But these two gave it a real shot.
Let's run through the tape.
Casualty #1: The Jeep Comeback Kid
Stellantis stock has been sliding all year. Down from $12 to under $5. Most people saw the chart and kept walking.
u/jeep_believer saw the chart and bought 350 weekly call contracts. STLA $5.50 strikes. His thesis: Q3 sales would show a Jeep turnaround.
Jeep sales fell 20%. Overall Stellantis sales came in flat. The stock dropped 7% to $4.37.
His $42,800 in weekly calls expired worthless on Friday.
For context: Stellantis also paused four French plants in October due to a battery shortage and slower demand. The turnaround he was betting on is not turning around.
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POSITION VALUE -$42,800.00 โผ EXPIRED WORTHLESS 10/03 1D 1W 1M 3M ALL | ||||||||||||||||||||||||
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"Ram sales were up 29%. How is the stock DOWN" Bought 350 STLA $5.50 weekly calls because I thought Jeep would bounce back in Q3. Jeep fell 20%. Ram was strong but nobody cared. Stock gapped down 7%. Calls went to zero. Top comment: "You bet on the Jeep brand in 2026. That's the real loss."
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When one division is up 29% and the stock still falls 7%, that's the market telling you something. He chose not to hear it.
Casualty #2: The Token Unlock Speedrun
This one's quick because the position was quick. Forty-seven minutes quick.
Hyperliquid had a scheduled token unlock on October 6. 9.92 million HYPE tokens worth $860 million. That's 4% of circulating supply hitting the market in one batch.
u/hype_or_die knew the unlock was coming. His plan: go long before it, because unlocks are "always priced in."
He opened a 40x long at $92 with $67,500 in margin.
At 40x leverage, a 2.5% drop wipes you out. HYPE dropped 8% in the hour after the unlock. He was gone in 47 minutes.
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POSITION VALUE -$67,500.00 โผ LIQUIDATED - 47 MIN HELD 1H 4H 1D 1W ALL | ||||||||||||||||||||||||
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| What is a token unlock? When a crypto project launches, a large share of tokens are locked up and released on a schedule. An unlock floods the market with new supply. At 40x leverage, you need the price to stay within 2.5% of your entry. An $860 million supply event is not the time for that bet. |
He posted afterward that he "knew about the unlock" but thought it was priced in. That's the part worth understanding. It was not priced in. It never is.
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DUMB MEMES ๐คฃ
Every newsletter needs a meme section. Ours just hits different when you're reading it from a wallet that says $3,184.
๐โ๐คโ๐โ๐โ๐โ๐ (chart goes up โ leverage โ unlock โ chart goes down โ liquidated) |
๐๐ฐโ๐โ๐งโ๐โ๐ (Jeep stock โ calls โ turnaround thesis โ no turnaround โ bus pass) |
If you laughed, you're coping. If you didn't laugh, check your Robinhood Chain wallet.
See you tomorrow. Same losses. Different people. Exact same mistakes.
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