Bongsai

showing jpegs to your mama

[Bongsai @bongchaay]

@okpasquale gonna buy a spark irl to light my home at 10 million market cap send it 🔥

[Bongsai @bongchaay]

@okpasquale can we make $spark great again ?

[Bongsai @bongchaay]

@okpasquale when will @a1lon9 meet spark ?

[Bongsai @bongchaay]

@Adam_JAE and a chance of solana account

[Bongsai @bongchaay]

@okpasquale @sparkboinkboink @DisneyAnimation thats pretty much racist ong

[Bongsai @bongchaay]

@okpasquale @sparkboinkboink so is it time to moon now sparky ?

[Bongsai @bongchaay]

@neukoai How about u dm me sir

[Bongsai @bongchaay]

@neukoai invite me now pls

[Bongsai @bongchaay]

It’s that time to log out and enjoy the gains fellas 🫡

[scooter @imperooterxbt]

Normies have found out the easiest and safest way of making money is launching their own token. This has already started the downfall of trenching

[Bongsai @bongchaay]

@x_Skullll its going ez 3$ at this point ..

[Bongsai @bongchaay]

my feed is full of aster wtf

[Bongsai @bongchaay]

Seeing the TL filled with pump 📈🤩

[Bongsai @bongchaay]

position on pumpcoins until $pump reach its ath is pretty much no brainer

[Bongsai @bongchaay]

onchain is loading

[hoeem @hooeem]

A lot of people are confused right now.

Here’s the $PUMP moonboy thesis for Q4:

1: Revenue

Pump revenue = $14 mill last 7 days.

Hype revenue = $15 mill last 7 days.

On a revenue/fdv perspective we see two protocols producing similar revenue but one is 10x less valuable.

2: Streaming

This is more just a moon boy comparison but let’s run with it anyway.

Twitch is valued at around $50 billion.

It doesn’t pay its streamers anywhere close to what pump fun does and can.

We could see streamer adoption (short term) on pump for streamers where people can long / short streamer success and virality.

1m in trade volume in their token is around $10k+ in payouts so yeah, this can take off and produce insane revenue for pump.

Currently pump annualised revenue is $750 mill, twitch is $1.7 billion estimated.

This is during a time where pump is only just getting this started, I can see pump reached 1 billion + revenue and its market cap is only $2 billion compared to twitches estimated market cap of $50 billion.

Food for thought anyway.

3: Gambling

If we see a risk on season in Q4 you can bet people will be gambling via pump fun coins.

More gamblers = more revenue = more buybacks.

4: Buybacks

In the last month pump has bought back $53m in circulating supply (1.5%) and now their revenue is starting to dramatically increase, if we see peak revenue we could see $100-$150 mill in token buybacks per month on a token that has a market cap of $1.9 billion.

5: What else?

Please add to my thesis below if there’s anything I’m missing on the bull case here, maybe @blknoiz06 knows some more!!

[Bongsai @bongchaay]

you only need 2 coins, PUMP & ENA thats it 🤓😎😡

[Ethena Ecosystem @Ethena_Eco]

How it started How it’s going

[Bongsai @bongchaay]

In trading, being happy for someone else’s win is a game changer. Letting their success inspire you, rather than envying them, motivates you to improve on your own performance from yesterday. It also helps you minimize FOMO and keeps your mindset in check.

[Bongsai @bongchaay]

@cz_binance Hey @okpasquale @kevinafischer @IllusionOfLife this is pretty good