All of us would be better off never opening dex screener and checking the trending pairs
All those runners like $distorted, yeah, they’re heavily bundled. With the tools that exist now, there are groups that can serial deploy these tickers in seconds, bundle 30% of supply, and start pumping them to create fomo so by the time you open dexscreener they’re at $1 million and you’re chasing thinking it’s going to $100m because “look at it already”
When in reality the first pump to $1m isn’t real, it’s the bundle group pumping fake volume into a chart to get you to fomo into it and then 3,000 other people so that it gets trending and pump fun and moonshot and other crypto accounts talk about it and it goes to $10m just so they can full stack Hitler the chart and destroy anyone who bought after them
You’re playing a game of hot potato on if you can get in and out before the massive bundles are unwound. Most do not, and most make the mistake of trying to bid a dip after the bundle has been unwound and all the mindshare has evaporated
Distorted was a perfect example of this but it’s pretty much every “viral” coin we’ve had in the past 3 months
You are much better off putting that capital to good coins and communities that are proven to last