🤡 CJ’s $LMTS Brain is Truly a Master

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Most of the traders are super impatient to wait for the uptrend right now… 😥 But luckily, we see a little green light this morning!

Here’s what we got for you today:

• 👀 Today’s market overview is a bit green

• ⭐ CZ is finally Free (real, not rumor!)

• ⭐ $LMTS with a full-on PR disaster

• 🔥 Burning hot takes for the road

Markets are pausing but it feels like the calm before something big. Today’s market update is not your usual chart talk.

We’ve got a presidential pardon for CZ, Bitcoin catching its breath, and Ethereum quietly doing something smart. It’s one of those rare moments where politics, price, and sentiment all collide 👇

💪 TRUMP PARDONED CZ. $BNB FLYING PAST $1,160

No joke, the White House confirmed it. CZ, founder of Binance, officially got a full presidential pardon from Trump . His 4-month prison sentence? Gone. Full U.S. citizenship rights restored.

Apparently it’s part of a mass tech pardon wave Trump’s doing, he’s trying to bring back innovation in crypto, AI, and Web3.

Then of course roasted CNN right there in the room for being “fake news” who know nothing about crypto 😂

Wait… what even happened with CZ? (this is for who forgot about CZ’s issue)

• Back in Nov 2023, Binance admitted to breaking U.S. anti-money laundering laws. Got slapped with a $4.3B fine (yep, billion)

• CZ had to step down, banned from leading for 3 years, and Binance got two DOJ monitors babysitting everything

• CZ went to U.S. prison for 4 months, got out in Sept 2024

• In May 2025, he filed a pardon request, following others like the BitMEX founders and even Ross Ulbricht (Silk Road guy) who Trump had pardoned earlier

And now he’s free, right as Binance starts working with Trump-backed $WLFI.X ( ▲ 11.19% ) (World Liberty Financial), the project launching $USD1.X ( ▼ 0.02% ) stablecoin.

Also… word is, SBF might be next. Polymarket puts a 16% chance that he walks this year. If you look at the timeline, it’s kinda sus (but genius):

• March 2025: WLFI launches USD1 (rumored Trump support)

• MGX fund (Abu Dhabi) drops $2B into Binance, using USD1

• May: CZ applies for a pardon, just after that deal

• October: Trump signs the pardon ✅

Some think this was all lined up months ago. One more weird twist: @VentureCoinist spotted a BTC whale named Garrett Jin who bet on CZ’s pardon on Polymarket weeks before it was public.

Same guy shorted markets when Trump announced tax policies. Hmm, is it lucky?

And the market is loving it. $BNB.X ( ▲ 6.95% ) popped 5%, hit $1,162. $BTC ( ▲ 2.31% ) bounced back to $111K after dropping hard the day before. $ETH.X ( ▲ 5.77% ) is also going up.

Altcoins across the board glowing green. But of course, this isn’t just about CZ. Everyone’s betting the Fed cuts rates next week, maybe again in December.

→ That’s bullish for risk assets! Anw, it’s a great news recently (we’ve been so into Trump’s trade war 😒)

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🧨 LIMITLESS $LMTS WITH A FULL-ON PR DISASTER

On the evening of Oct 22, Limitless posted a joke(?) tweet: “Shall we TGE today?”. Most thought it was just trolling cause even the CEO CJ replied with: “intern wtf??”.

Like there’s no official announcements, no heads-up, so everyone thought it was nothing.

And then... BOOM. 1 hrs later, the project stealth launched its token $LMTS.X ( ▼ 19.83% ) and told users to go trade it on Aerodrome.

The community was stunned, especially presale buyers from Kaito, who felt blindsided. A few hours after launch, some on-chain sleuths uncovered something worse:

→ Token dumping.

Price spiked to $0.78 (FDV ~$600M), then crashed 75% to $0.21. Wallets tied to the Limitless team allegedly sold millions worth of LMTS.

One wallet moved 5M LMTS → dumped for $2.3M. Another 10M tokens got dumped right after. Community suspected twapping and stealth selling during launch window.

Of course, CJ fought back online super hard. He claimed:

• The "buyback wallet" sold $1.4M, only bought back ~$180K

• The so-called “sniper” wallet was created just hours before launch

• Repeatedly said: “This is just the beginning,” and “Everything is on track”

• No one was told the launch was happening

• CJ said it was a Banana Gun sniper bot, not the team

CJ went full aggro online. He challenged users to dump: “Sell me all your LMTS at $0.3. I’ll buy it. GTFO.” But the community didn’t buy it.

He even mocked critics including @RuneCrypto_ & denied wrongdoing while shifting blame to snipers, market makers, and even Binance.

Despite backlash, he doubled down:

• Claimed strategy is on-chain market-making, not a rug

• Said FDV is still holding at $300M+ despite no CEX listing

• Boasted presale buyers made 5× and airdrop users were in profit

• Rejected “sell then buyback” criticism as misunderstanding

• Claimed the team raised $17M, so “why rug for $2M?”

He also blamed competing market makers and clueless KOLs for “spreading lies.”

But community trust has clearly eroded. Many feel manipulated (obviously!?). Even fans who once backed CJ for exposing Binance “listing demands” now question his leadership.

FYI, CJ was once praised for publicly calling out alleged listing demands from Binance, including requests for 8% of LMTS supply and upfront payments. But now? The same people who supported him are calling him arrogant, reckless, and out of control.

I actually think this was a deliberate play. Let’s see.

They wanted to avoid sniper bots → so they stealth launched. They wanted to control price and liquidity → so they dumped under the cover of market-making.

Then they wanted to test who’s really watching on-chain → but underestimated how fast users would catch on. But in trying to be clever, they lost community trust.

This might be the new playbook for some teams: stealth, sell high, buyback low, call it “market-making.”

But trust isn't programmable. You can’t dump and then tell people to believe in you. God bless you!

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🔥 BURNING HOT TAKES FOR THE ROAD

After the $8.4M hack, Bunni DEX officially shut down. BNB Chain's ReachMe platform also announced shutting down permanently. Read more

Justin Vogel (Safary) just shared a chart saying "Big bang TGEs are dead". So what's the best way to launch a token today? Read the post

A 110-year-old US retail legend, Bealls, is now accepting 99+ types of crypto across 660 stores nationwide. Seriously. Read more

Vitalik-Backed MegaETH just launched its public token sale and it’s aiming for a $1B FDV. Be ready guys. Read more

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