solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk just recorded the second-largest 1hr short liquidation in all of crypto, behind only $ZEC (a $16.4 billion cryptocurrency!)
and here's where things get REALLY interesting:
literally every key metric is now at an ATH
except the price ๐
- $185m+ in 24hr spot volume
- $2.2b+ in 24hr perps volume
- $200m+ in CEX perps OI
- 9,600+ new holders in just 7 days
all of this...
for a $240m memecoin
every single one of those numbers is an ATH for solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk
and here's the craziest part:
these metrics weren't even remotely this strong when solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk was trading at its previous $450m ATH
the fundamentals and activity are exploding
while the price is still sitting almost 50% below ATH
i've seen this movie before
this kind of action is eerily similar to what we saw with $PEPE before its major expansion last cycle
first, the metrics started screaming
then the price caught up
and once it did...
there was no stopping it
$PEPE went from roughly $300m to $4b, cooled off, and eventually went on to reach $11b+
throughout this entire bear market, i repeatedly said that i believed solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk had the potential to be a $DOGE / ethereum:0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce type runner this cycle
many laughed
many faded it
many ignored me
but increasingly...
the numbers are beginning to validate the thesis
and you can argue with opinions
you can argue with narratives
but you CANNOT argue with cold, hard data ๐
i think everyone needs to raise their targets much higher & allocate towards the leaders
doge 88b
trump 80b
pepe 12b
bonk 5b
wif 5b
multiple 1B+ coins
if RWA + stablecoins thesis catches momentum, then you will not only have a large influx of institutional capital onchain, but crypto will also get a much needed boost to its reputation, and you will see retail capital enter a lot more aggressively also - especially because this cycle we will have a lot more easy-to-use mobile app frontends & trading terminals that make it easy for people to 1-click buy anything w/ little friction whether they already have money in crypto or not
ceilings for coins should be higher this cycle not lower, we experienced underperformance last cycle comparatively to 2021 because of AI + there not being a new narrative for large capital to be excited about, should not have this issue over the next several months & years, especially if we get Clarity passed
this is the CRAZIEST two weeks of my crypto career and ive been here since 2017
I CTOd the $ANSEM token around the same time I called the BOTTOM on $BTC and $SOL
SOL memeใฎANSEMใ็ไธใ๐๐ฆฌ๐ฅ
๐ฒ8๏ผ1300ๅ๏ผใ๐ฒ50,0000๏ผ8000ไธๅ๏ผใซใใใใญใใใใใใ๐ๅคขใใใใพใใญ๐๐ฐ
#SOL#ANSEM#BTC#ใใใใณใคใณ
iโm airdroping $LYNK on solana
you have 12 hours to fill out form
for a bonus airdrop, rt + drop your SOL address & tag 2 frens
https://t.co/qbT3wQx3PB
Today SPX6900 has been listed on both UpBit and BitHumb, the biggest exchanges in South Korea.
SPX6900 is expanding into all Countries and Continents.
EXTREMELY BULLISH.
Did you see the news?
a memecoin trying to beat the S&P 500?
for some people, SPX6900 looks irrational at first glance.
holders seem to turn pain into part of the story.
the token reportedly fell heavily from its $2.28 peak, yet the community kept pushing the same slogans.
to be honest, it actually makes it more dangerous and more interesting at the same time.
Murad Mahmudov is one of the loudest voices behind the modern memecoin thesis.
as a cultural case study, SPX6900 is strong
memes can evolve from jokes into markets, we all know this.
they built lore, slogans, holder maps, NFTs, face reveals, and IRL proof that real people exist behind the ticker.
The Amsterdam stock exchange meetup is especially wild because it turns an internet meme into a physical scene.
I will be watching those guys ngl
Its pretty interesting.
check the video @SlowAeon shared lol
$SPX has legit been down only for almost a year straight
One of the most depressing charts I've ever seen. Every single bounce gets nuked.
Yet every day I see the community raiding like it's 2024.
Something to study.