Actually think $PUMP is getting interesting here. Arguably similar R:R vs it being at 2.5 Bn:
- now consistent with its 97% buyback
- recouped market share vs Bonk
- probably more catalyst coming with new products. I wonder if they’d do a DAT?
- SOL pumping and people may look for beta to chase. one of the top beta (and most profitable) also being new coin with no unlock
- Upside convexity as market heats up maybe we get memecoin runners
- Weak hand HF and retail from ICO all dumped to chase other stuff. If you diamond handed prob not selling here
- As it goes higher I think it’s kind of a must-own for funds that allocate to the space. Upside reclexivity.
Could see a case it chasing towards the top Defi coins (008-010 per token)
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