Basically here is what i think : (for trenchers only)
Here is a summary of what is happening in the trenches since weeks :
Most of trenchers look to buy in pre-bonding areas, at low caps, and even dump on prebonding areas most of the time.
The topblasters are missing on SOL. People who use to buy coins over 100-200K marketcap areas are missing.
(As of now)
Moreover, the believers are missing as well.
People figured out that quickflipping can be way more rentful than holding.
Guess what ?
This is true only during high liquidity periods. This is false when liquidity onchain is low.
Which means : It's a matter of time until most of them go back to 0.
The @Cupseyy wannabe syndrom is attracting more and more people and it explains why :
1 - Trenchers bid vamps instead on focusing in one only runner
2 - Trenchers quickflip even during the prebond part. They scalp low cap tokens just like real traders scalp BTC, thinking they know what they do.
3 - Less than 7coins/day manage to hold above 100K MC
One thing is sure :
When most of traders act the same way - find a different way to outperform them.
I'm on it.
@gmgnai I just bought this coin and I can’t sell it
It says that I don’t have this coin an in my portfolio is showing that I don’t have BSC
I feel like this is one big rugpull
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