More on my $CHUNGUS thesis

Chungus mode.

$CHUNGUS has been holding up really well over the last few days. It’s continuing to get more and more engagement across social media, and I think this could easily be a multi-mill+ token.

Everyone on CT has been asking for us to “return to memes,” and there’s no better candidate in my eyes than this.

I still think now is a great time to grab a solid sized bag of $CHUNGUS.

A lot of attention has been on Snowball running to 10m in under 5 days and 67 legging from 6m to 32m in a week. Meanwhile, Chungus holders look pretty strong, and once it breaks 500k it will be on a lot more people’s radar.

The moment it gets on more people’s radar is the moment it starts moving higher, faster. A lot of people don’t even realize it’s been slow climbing from 30k over the last few days.

Engagement on X and TikTok keeps increasing, and it continues to prove how strong of a meme it is and has been.

Definitely feels super undervalued IMO, and it should start getting priced in more as the main tokens of the week begin to slow down/attention shifts.

More on $Chungus thesis ^

Just saw this while I was scrolling on TikTok, kind of crazy when you think about it.

Love you guys, happy holidays!

If you missed your $Chungus entry the first time, this is a good time to bid (the make-or-break zone.)

We’ve retraced nearly 80% from recent highs, and a bounce here makes sense. I’ve full-bagged the entire way and I’m holding for Valhalla or 0.

No real relief bounce/recovery yet, this is the level where it would happen.

Still a ton of mindshare on X/TikTok, and it only keeps growing daily.

I still believe this is a multi mill coin if it gets the right attention.

PA has just been chilling around these levels, feels like it’s getting ready to break out soon 🤔

I’m starting to notice that a lot of the coins that go to multiple Ms lately take time. There’s still liquidity around, but the blasters seem to pick strong communities and solid narratives after they’ve proven relevance etc.

$Chungus fits this perfectly. It’s one of the most iconic OG memes of all time, had an ironic resurge in popularity this year, and is still actively used. It fits both good and bad market sentiment, is used by normies and crypto bros, it's super easily memeable and isn’t going anywhere anytime soon.

Undervalued here and deserves much higher.

Happy New Years everyone ❤️

It took people about a month to catch on to the narrative here, but so far it's ran to 1.1m.

I personally paper-handed this pretty hard, but hopefully some of you held strong and locked in solid P 🤓