Musing Mind trading Journal
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I post my thoughts, research and Mind musings about my trades here. DYOR, NFA. Some are highly degen plays.

DM at @Prateek_0x

Twitter: https://x.com/Prateek0x_
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We have more launchpads now than 100M runners💀

Pump fun, Believe app, Bonk fun, Moonshot, Jupiter, Slerf launch, Cooking city backed by jump. Wat else?

https://x.com/prateek0x_/status/1940880232040616316?s=46
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Forwarded from Watcher Guru
BREAKING: Bitcoin reaches new all-time high of $112,000

@WatcherGuru
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BTC new ATH. Send everything🚀
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Most degen traders I know (The actual Pump fun users) are bearish on $PUMP. Probably because they understand how predatory the Pump team is. With Bonk fun and other launchpads eating into their market share in recent months, the $1.3B raise feels more like a max liquidity extraction event than anything else.

On the flip side, most investors and non-degen traders I know are bullish on Pump likely because they see a $4B FDV as reasonable for a company that’s done over $750M in revenue, with around $300M ARR, and are comparing it to Hyperliquid.

What are your thoughts—bullish or bearish on the Pump sale?

https://x.com/prateek0x_/status/1943250774198255718?s
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New ATH everyday on $BTC. 🚀

$117k, Major supply shock.
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Been shilling and stacking Bitcoin since past 5-7 years lol. $6k to $117k what a ride. I wish stacked more lol.

https://x.com/Prateek0x_/status/1326964957963956225

https://x.com/Prateek0x_/status/1287653467171876864
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Forwarded from Wu Blockchain News
PUMP token public sale has completed 100% of sales progress. PUMP sale has ended, and the public sale of $600 million took 12 minutes. — link
$600M sold out in 12min. fucking nuts. Congrats to all those who got in, it’s trading at 50% premium on Hyperliquid perps.
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Been digging into the $PUMP token sale data. Here’s what I found.
TLDR: Giga-whales dominated the raise.

💰 Total Raise: $576.6M

🐋 Whales (993 wallets)
Contributed: $413.82M, Acquired: 68.97%
🏦 Exchange Participants
Contributed: $142.10M, Acquired: 23.69%
🧍 Retail (9,200 wallets)
Contributed: $21.60M, Acquired: 3.60%

Whale Breakdown 🐋
• 241 wallets ≥ $900K
• 99 wallets: $500K–$900K
• 445 wallets: $100K–$500K
• 208 wallets < $100K

Exchange Allocations 🏦
• Kraken: $30M
• Bitget: $30M
• Gate: $25.6M
• MEXC: $20M
• Bybit: $20M
• KuCoin: $16.5M

https://x.com/Prateek0x_/status/1944539211379687803
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Wait WTF? Binance is launching a PF competitor now?

BINANCE TO LAUNCH OFFICIAL “http://PUMP.FUN” STYLE BONDING MECHANISM FOR TOKEN LAUNCHES: BLOG
https://x.com/zoomerfied/status/1944712365737456051
$BTC supply is at an all-time low on exchanges. We’re in a supply shock and that might explain why it's been pumping non-stop. There aren’t enough BTC on exchanges.

In just the past month, over 45,300 BTC ($5.5B) have moved off exchanges. In the past year, over 500K BTC ($61B) have been withdrawn.

Maybe that’s why @cobie says:
“The hard road goes from 80K to 100K. The easy road goes from 100K to 250K.”

https://x.com/Prateek0x_/status/1944718641347326090
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Alon’s story is wild. Less than two years ago, he was randomly DMing people to try his product. Fast forward — they’ve generated Revenue/raised over $2B on Pump fun, and he’s nearly a billionaire now. Only happens in crypto. 🙃

https://x.com/prateek0x_/status/1944848895697412456?s
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Pump fun team started buying back $PUMP

They are funding this wallet from PF Amm fees wallets and buying $PUMP in major chunks. So far they have bought 65500 sol ($10M) worth of $PUMP

https://solscan.io/account/3vkpy5YHqnqJTnA5doWTpcgKyZiYsaXYzYM9wm8s3WTi

https://x.com/Prateek0x_/status/1945251930537623923
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Forwarded from Watcher Guru
JUST IN: 🇺🇸 President Trump to open the $9 trillion US retirement market to crypto investments, FT reports.

@WatcherGuru
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