$TROLL has low-key pumped almost 8x in 10 days
it went from crashing 96% from its $280m ATH to as low as $10m, a range it consolidated around for ~100 days while everyone declared it dead... then BOOM, it's up 14x off the lows and 7x in one week all of a sudden
this reminds me of $FLOKI last cycle
it crashed 99% from its $3.5 billion ATH in late 2021 to lows of about $40 million in mid 2022 off the back of the most aggressive FUD i've ever seen directed at a memecoin + the bear market, and many called it dead for good
then all of a sudden, it ripped from $40m to $800m, pulled back and consolidated for a while, and then ripped back to its $3.5 billion ATH (a ~117x increase)
that's memecoins for you!
memecoins have this habit of pumping super hard when they first come out, crashing 90%+ and then consolidating for months as everyone deems them dead, only to erupt from the lows all of a sudden and make new ATHs when no one expects it
every single time, we see people come out of the woodwork to say 'this time is different, memecoins are dead for good for XYZ reason'... then we see the same thing play out again
i've been trading memecoins for three cycles, so trust me when i say i see this play out every single time
if you find a strong, high-potential memecoin i.e.
• strong narrative
• solid normie appeal
• solid distribution (i.e. CEX listings) that allows easy access and liquidity
• strong volume and on-chain fundamentals even during the worst of times
• strong community + critic combo during its lows (i.e. people keep talking about it)
then you should be aggressively bidding it during the lows, even if a lot of vocal critics are calling it dead
and there is no memecoin in the market that hits all of these points more perfectly than $USELESS right now
it is the most normie-friendly memecoin, and the best bet to pull a $DOGE-like rally in the market today IMO
on-chain indicators also point to aggressive and consistent whale + smart money accumulation ongoing right now, which usually precedes a major move
in the early days, Dogecoin emerged as the first real memecoin to make a mockery of Bitcoin, and it resonated with a lot of people
today, USELESS is doing the same thing, but to the entire cryptocurrency sector
and soon USELESS is going to pull a face-melting rally to new ATHs first, and then to multi-billions
it's going to happen very suddenly and very aggressively, and many will be left sidelined
are you positioned? i am!
Beyond just massively reducing inefficiencies in the trenches, this integration represents a huge step in legitimizing memecoins.
Charitable institutions will no longer need to be manually onboarded to crypto (a huge burden) by sometimes ill-intentioned random people. Now, we have rails to properly onboard them in a secure way.
To celebrate this announcement, @Pumpfun related entities have entered a donation matching scheme across all Charity Coins. This means that the more Creator Fees you help raise for Charity, the more we donate!
I’m excited to see future success cases off the back of this update!
As always, trading as early as possible = EV+
Start market making/using HIP4 markets asap for potential HYPE S3 and technically also @Outcomexyz airdrop?
This should also help boost the $USDH adoption tremendously in the long run
More $USDH, more $HYPE bought back
Hyperliquid
Just give me another s3
> I traded hundreds of millions in perps volume
> I traded hundreds of millions in Oil and stocks via HIP-3
> I supplied HYPE on HyperEVM protocols and borrowed against it
> I supplied 10% of the $USDH on the Earn page at some point
> I used Portfolio Margin
> I‘m holding my Hypurrs
> I stake HYPE
> I got liquidated a few times
> I was paying a lot of fees on trading
Jeff pls retire my bloodline just one more time
Thanks to @LayerZero_Core, who has been actively engaging with Aave and the broader DeFi United movement since the moment the rsETH incident occurred.
Their contribution advances our plan to restore rsETH's backing and normalize market conditions.