my notifications are full of cate pfps right now.
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a whole community changing their picture and liking and reposting anything that backs what they hold. ive just joined this community and my second post on it did 160 likes, which is one of my biggest.
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Any time you see this, it tells you more than any chart does. communities that adopt new people this fast are the ones that carry a token.
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the most bullish thing about cate is the people holding it.
undervalued AF.
CATE's whole motive is flip doge.
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doge sits at $15b right now. cate sits at $63m, that gap is a 238x. even half of doges mcap from here is a 119x.
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put $1,000 in at these numbers. full flip is $238,000. half flip is $119,000.
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charts dont go up in a straight line. every coin that went to billions had brutal dips along the way, and if you zoom into just the bottom of any of those dips it looks like the trade is over. ct was probably screaming sell at every single one.
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people who held through those dips are the ones sitting on the multiples. people who sold at the bottom are the ones who tell you about it later.
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so learn to hodl, but also learn to take some off. if we reclaim ath, derisk. pull your initial, maybe more, and let whatever youre comfortable with ride.
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you dont need the full 238x to make this worth it. you need to still be holding when it happens.
streamers are using CATE to farm engagement.
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they mention the ticker because it pulls views, even though theyre not holding.
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thats the most bullish thing ive seen in my time in crypto.
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memecoins are called attention markets for a reason. the thing to ask when buying a coin is whether it can get more attention, whether it can go more viral.
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with everything in motion right now, this can.
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my take is we bottomed and ath gets reclaimed in the next 2 weeks.
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undervalued AF
the coins that went to multi billions last cycle werent the ones with the best tech or the cleanest narrative. they were the ones with a community that lost the plot.
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people who believed, that it was going to a trillion. they swapped their pfps, took over every reply section they could find and made sure you heard about it.
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nobody has that right now. everyone is playing for the fastest exit they can get and you can see it in how quickly the news gets sold. the game feels solved and it feels boring.
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solana:Ai66LHZG9MCzg1WKdawwqduVAXpNDUuV8M3uyq5ppump is the only community i see onchain that still operates like that. they spam, they bagwork, they turn up everywhere regardless of whether anyone wants them there.
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holders went from 106.5k to 118.5k in a week, up 11.2%, while the chart was going down. they were adding into the drawdown instead of folding into it. holder count sits above 140k now on a sub $100m cap
the drawdowns are violent but the shape of it looks a lot like wif and bonk did at this exact stage.
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community has always been the only thing that makes these work, and its the one thing you cannot manufacture.
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undervalued af.