Sentiment is said to be
“the worst in years.”
"Ghost town"
"Capitulation"
And yet…
People are still here
Still posting
Still explaining
Still bullish
That’s the tell.
Sentiment is said to be
“the worst in years.”
"Ghost town"
"Capitulation"
And yet…
People are still here
Still posting
Still explaining
Still bullish
That’s the tell.
You know why $punch didn’t hit 100s of millions?
It’s not because of virality, who’s shilling it or even supply control.
It’s simply because of liquidity,
I’m not talking the lp, I’m talking the current liquidity in the trenches.
In 2024 (if you were around) the $punch narrative was hitting at least 9 figures almost without a doubt,
Now, over 90% of memecoin traders/wallets have become inactive,
It’s not due to market conditions,
It’s because of the constant r*pe and diminishing returns in the trenches.
People want to sell not even a day after holding,
Because they think it will end up like the rest
And in time, everyone begins to believe that
Until almost nobody holds or believes anymore…
Previously found Eddy's wallet in $Britain
2S76EGfGT3PeuVAJf2WrEvEkzAUbrizCqXaxsHjDZABM
Good "bad coin indicator".
But the major red flag is all the wallets below, 4 hours old. Bad shit, don't buy whatever happens.