LB

I will make 8 figs on my $PUMP long.

5 hours later…. I actually feel sorry for those that sold their solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn right after the unlock yesterday. Price up 22% in the space of 10 hours

@Sp1cytrenches Well said

@lbexplorer No victory lapping before 10B pls.

Brings a smile to my face knowing people full clipped their solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn bag to try and front run the sell pressure from team/investor unlock. Little did they know investors looking to close their position had already hedged it months ago.... solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn up 9% since.

Would be comedy if we see a 10%+ candle the day after the biggest solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn unlock...

@Sp1cytrenches @sapijiju correct it was mainly from retail. Going to do a detailed analysis on the 97 wallets that received an allocation tomorrow. I checked 10 earlier and none had moved to CEX/sold any yet.

@lbexplorer @sapijiju You are right btw. Just made a tweet on it too. Wanted to come back and say that. Distributed happened later and looks like sell of mainly was panic in the market for distribution tweets of these onchain accounts

Although the tokens are being sent to vesting vaults its pretty clear this is the mechanism being used to return solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn tokens to investors. My guess is at 18:01 UTC investors will be able to claim their Pump tokens. It will be very easy to track who has and who hasn't sold their allocation. As previously mentioned, majority of investors will have hedged via perps so it will just be a process of unwinding a delta neutral position.

In the last 96 hours, solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn have bought back 957M tokens at an average price of 0.00147. $1,406,790 in buybacks. $351,698 per day.

@Sp1cytrenches @sapijiju They haven’t dumped any of it I checked onchain it’s just been moved to different wallets. Looks like a large chunk of it is for employees/team. Again not the worst thing in the world of some investors sell here tbh

@lbexplorer Looks like they are dumping it. Sad to see confidence is completely gone. Really disliked @sapijiju blog yesterday not mentioned the unlock when he created the blog to be more transparent. Made me cut the position smaller. They really don’t want their token to win it seems

If you look closely you can see they are sent to vesting contracts which start at 18:00 UTC but last 60 seconds. Tokens will then be sent back to the main wallet. What solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn do after this is unknown… Could either be a test with plan to put the tokens back into vesting contracts or testing to distribute to investors.

@xmrltc Let’s see over next few days, idrc about short term Pa but I reckon it continues for a bit

@lbexplorer My friend with pump relative strength is always in the timeframe of hours.

In a sea full of red lies a sleeping giant. Nobody (not even the most bullish) are ready for what’s to come from Pump next cycle. Master patience and conviction and you can have everything you ever wanted.

@xmrltc Relative strength is the important factor my friend

@lbexplorer lol up 1%. Open up a bottle of champagne

The difference lies in attention. Ultimately thats what lowcaps and even alts to a certain extend trade off. During euphoric phases valuations no longer matter people just bid because they don't wanna miss the next 10x etc. Pump will have a more euphoric driven rally than RLB purely based on attention. But on a fundamental level RLB is also a solid trade. I expect both of these over the next 5 years to perform, the only real difference is RLB won't be as euphoric and therefore the multiples will be significantly lower.

@lbexplorer Why does it not end up like RLB? (Playing devils advocate here)

This is why solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn is the single greatest trade for the next cycle. Over the last 6 months during peak bear and no attention on crypto, solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn have managed to average just under $1M a day in revenue. Imagine what will happen when attention truly returns to memes? In a speculation driven industry, this is the best way to gain exposure to the house in a sector of crypto that will never die and has a DIRECT value accrual function. Hate it or love it, but memecoin trading is a fundamental part of crypto and will never disappear This is the Nvidia equivalent of the AI boom.

@Sp1cytrenches Check out the Meteora docs they are really good. Any questions lmk

@lbexplorer Hey LB where can I learn on how to LP and make those fees?

Impressive relative strength from solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn after yesterdays unlock