honestly, respect to all kinds of traders, but i think most people completely misunderstand where the best meme trades actually happen.
from 2k to 100k, 500k, maybe 1m, you're playing against trenchers, flippers, bundlers, and people who have been there since basically zero.
they don't care about the meme. they don't care where it goes next. they want their 2x, 5x, or 10x, and then they're gone.
that entire first move is basically the chart filtering everyone out.
then comes the second phase.
the meme absorbs the dump. early holders distribute. trenchers move on to the next ticker. somehow, the meme refuses to die.
if the meme has a real narrative and bigger capital starts stepping in, that's where the second expansion begins:
1m โ 10m โ 30m โ 100m+
by that point, 99% of the people who were fighting over it between 4k and 500k are nowhere to be found.
that's the game i like much more.
i don't need to beat some fucking trench demon buying at a 6k mcap and selling 40 seconds later.
give me the meme that survived that entire phase, absorbed all their supply, still has attention, and is starting its second expansion.
nobody will remember whether you bought it at 20k or 2m if it eventually goes to 200m.
sometimes being later is actually being early to the part that matters.
I think cateโs fundamentals have only been growing stronger with each day
> 72,000 holders
> 30,000+ fomo holders (retail onboarding?)
> poorgoat 290k fomo followers
> relentless + active community
> believing in something
Iโm not sure when we pico bottom before up only again but I think itโs close imo
Conservative take - $TOAD currently ranging between 8M-10M, volume remains consistent meaning there's accumulation happening.
A clean break / SR flip of 13M will lead to a new ATH.
Buyers are waiting for a catalyst / impulse move (whichever comes first).