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Degens Deteriorating
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$246 $SOL

$SOL heading toward new highs again

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Barts from August, September, October

50% drop
15% drop
30% drop
15% drop

In for another tonight?

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higher low,

same low,

lower low?

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$BTC pushing against ATH

$SOL pregamed the surge earlier this week, now looking on skeptically, waiting to see what $BTC does next

Meme market amplifying the short-term hype or fear even more, now skeptically watching for what $SOL does next, receding a good bit in the past 2 days, though if the majors break out, could very quickly make those losses all back and more

All on you $BTC

— That reminds me, no good memecoin overall chart really exists. At least none where you have any clue what it really means. Suppose I should make that soon.

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Coingecko does have some kind of memecoin market charts

— But zero idea of what this actually represents, no explanation anywhere

More than likely extremely heavily-weighted toward the top few memecoins, i.e. in the “middle” of the crypto market in riskiness & market cap.

— Which can drastically differ from the new upcoming memecoins at the “bottom” of the market.

TBH though who cares about the middle. Top is safest. Bottom has biggest ROI potential. Midde is best at nothing.

Need a chart for that upcoming “bottom” of the meme market.

Maybe I’ll make that tonight, using the price data on all ~50k pumpfun coins ever launched that I’d made code to gather the other day.

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^^ but yeah, this chart does match what we’ve been seeing, with the big drop in trade volume on meme markets over past 2 days,

(Though the drop in price for the bottom 90% of the memecoin market has been a bit more severe than the slight drop seen in the top 1% of the memecoin market which is tracked here)

All skeptically waiting to see what $SOL & $BTC do next

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Boo

Dexscreener too retarded to understand that

+ straight lines on the log-scale view should turn into curved lines on the linear-scaled view,

+ and vice versa

Notice how when you flip between log and linear, on one the line is above and on the other the line is below

Wonder if any of the sites get this basic thing right

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$BTC dumps a little

$SOL dumps a lot

memecoins absolutely panic

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