HOW I MADE $30,000 FROM THE SPARK WITHOUT BEING AN INSIDER
I bought
$UTXO at $18k market cap - it ran to $8M (444x)
And no, I wasn’t an insider, just a stubborn degen who put in the work with a bit of luck
Before anyone accuses me of being an insider, I had a disagreement with UTXO founder businessman in the past and he had blocked me a long time ago
The story starts back in august when Flashnet (AMM infra for the Spark L2 blockchain) was about to go live with all the shitcoin mania around it
Everyone in the Bitcoin ecosystem was waiting for the Luminex launchpad to go live, planning to full port the first token (first is first meta)
I was using Luminex on Spark during the testnet phase and noticed that Luminex would aggregate tokens from another platform called UTXOfun
I found their X profile, realized it was another Spark launchpad that literally no one was talking about, so I kept an eye on it and turned notifications on
When Flashnet went live, everyone was still waiting for Luminex, the well known launchpad from the Runes days, but they overlooked UTXOfun which decided to vampire attack Luminex and launch first
I saw the announcement tweet instantly, jumped on the site, and the first token to launch was
$UTXO
I bought 4% of supply (858,000 tokens) across two wallets:
1st wallet - 1 buy for $500
2nd wallet - 1 buy for $250
Average entry: $18k MC
I hesitated a bit, could’ve bought more, but within 2 minutes the platform crashed
After that, Flashnet went offline for almost 3 months
$UTXO traded on Sparksat marketplace where I sold 35% of my bag for 0.094 BTC ($8.5k) at $560k MC (30x)
The next sell came when Flashnet relaunched → sold 180k tokens (20%) for 0.2 BTC ($18,600) at ~2.6m MC (144x)
Flashnet went down again for another full month, so unfortunately my bags got hit hard. On the third relaunch a few days ago, I sold the rest of my UTXO bag (358,500 tokens) for 0.072 BTC (~$6.5k)
So I went from $750 to $33,600 on a single play - that’s a realized 45x return
I spotted an opportunity a while ago with these BTCFi token launchpads across many protocols. The alpha was always to test out the product in the testnet phase, learn every detail, prefund the wallets (a very important step), join their Discord & TG, and be ready for the launch. Examples where I made good money were Funkybit, Tyche, Runepacks, Runeshot, RadFi etc
You basically can’t lose with these types of plays if you are early enough. These launchpads work just like Pumpfun. Each buy goes through a bonding curve that automatically builds liquidity - every purchase pushes the price up and adds funds to the pool. If you buy before bonding, it’s almost risk free. Worst case you break even and since there’s always liquidity you can always dump. I’d always max ape with a few wallets and it paid off every time
This meta might have died but the point of this tweet is to show you that there’s always an edge. You don’t need to be an insider. There’s always opportunity. Lock in and go get it. There are many ways to make money in this space; you just have to want it badly enough
Spark and Flashnet ended up being a total disappointment, constant delays completely killed the momentum. With no token above $1M MC and very low volume, we failed to attract trenchoors from SOL & ETH. I’m pessimistic here but I bought top tokens which I’ll hold just in case Spark somehow gets revived, though I doubt that happens
On to the next bois, never kill yourself :)