Fud followed it, that at the very beginning of trading a large % of the token was distributed to 80 different insidersβ wallets.
A similar story was when $PEPE was traded in accumulation after listing on Binance, then they also dispersed all Fud about developers.
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Pump Fun statistics:
At the moment, the number of coins significantly exceeds the amount of capital required for sustainable market growth.
In fact, the ease of creating a memcoin kills its value and survives 1% of all created tokens. The Solana utility in this cycle is exactly memcoins. And Pumpfun provides more than the creation of new coins.
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So you can now rect on $HMSTR with a leverage of 2x. Premarket markets are gaining momentum and are now at their peak. Often the token on the listing comes out worse than the price of the premarket.
I wonβt be surprised that OKX will soon announce the launch of Jumpstart for $HMSTR.
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Admit it honestly, itβs creepy to buy off such a fall, isnβt it?
BTC 61 810$
ETH 2979$
Fear index 37
Alt season index 24
Long/short ratio 49/51
Bitcoin domination 56.59%
In fact, your result as an investor depends on 3 points:
1) how you analyze and select assets
2) how capable of buying at the bottom
3) how much they are able to sell at the peak.
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BTC is facing local resistance here.
Break red zone => It will be fully bullish.
Otherwise, the low range can retest again => Buy Dip.
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2 memcoins and one AI token, my main bets in this cycle. By the way, everything is in my long-term portfolio.
The 3 largest coins by market capitalization, launched in 2023:
$PEPE - $3.4 billion
$TAO - $1.9 billion
$WIF - $1.7 billion
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