Forwarded from zinc's alpha 🤡 (zinc)
Just to be clear:
$GP's real market cap can be found on birdeye, currently around $71.54m
Only roughly 50% is technically circulating, so it's around $35m circ now.
Dexscreener shows the wrong marketcap, Tom tweeted about it today (attached).
Lot of people questioning the real market cap, circulating mcap, etc.
I understand seeing this chart and thinking it's too vertical to buy. But also, these fundamentals to me still scream undervalued by MULTIPLES.
I added more a little bit ago and still want more.
$GP's real market cap can be found on birdeye, currently around $71.54m
Only roughly 50% is technically circulating, so it's around $35m circ now.
Dexscreener shows the wrong marketcap, Tom tweeted about it today (attached).
Lot of people questioning the real market cap, circulating mcap, etc.
I understand seeing this chart and thinking it's too vertical to buy. But also, these fundamentals to me still scream undervalued by MULTIPLES.
I added more a little bit ago and still want more.
👏1
kinda boring but just paying attention to bonk fun coins atm like everyone else. looking to long bonk on a pull back. would imagine they keep the spotlight until PUMP tge
👏2
i am long pump premarket and will continue to add if it goes down. people love to talk about crime candles and cabals pumping things but seem to think that one of the biggest products of the cycle with a whole lot of people that have a vested interest monetarily and ego-wise to put the giga retard pump on it wont put the giga retard pump on the coin
👏9
if it plays out its one of my best trades this cycle if it doesnt play out ill make it back onchain at some point and take a vacation
👏9
binance premarket opens in 20 ish mins so im expecting some kind of mass extinction event candle which would be where ill look to add more
105m volume on binance. 108m volume on hyperliquid. 28m vol on bybit. 52.5m open interest on hl and about 20m oi on binance
hyperliquid will be the place for people with no kyc to trade this and i think it will lead in price discovery. funding down to a level that isnt dogshit. down a little bit on the position but liquidation point is really low so i'm still adding for now. hit some limit longs over night.
was reserving sharing my opinion on all of this for the last week ish bc i thought it was edge but sentiment in group chats + twitter tells me everyone still doesnt want to buy the coin so it's not like i'll be changing anybodys mind or diluting myself in any way my account's way too small.
personally still think people are overthinking this.
this is the only thing people have talked about. even when talking about other stuff it's been referenced in comparison to pump fun/pump tge. i think during a cycle where mindshare has been king fading the one thing at the top of everybody's thoughts is a mistake. you can't discount that liquidity conditions are different than they used to be etc but we also have btc a hair away from ath, eth/btc looking horny (lol, finally), eth showing strength and outperformance, and tradfi infinite bid. markets are wanting to go up, even if we are currently in a kind of limbo range.
there is a world where we get a trigger for everything to dump and the tge goes like shit, but there is also a world where btc god candles into price discovery and everything rips, with this potentially being one of the greatest beneficiaries of that market wide rip
ive had quite a few people ask me how they should play this and i think 1. dont borrow someone else's conviction, you have to see the vision with the trade and 2. like with anything else don't work with more than you can potentially lose on it. but ask yourself if you think this will be an opportunity that you'd be okay missing, or do you still want exposure even on the chance that it goes to zero?
regardless of how this shakes out i am optimistic that whatever the airdrop looks like we'll get a good week or two of coins afterwards, simply because no matter how large or little the airdrop is a lot of people that most likely have been zeroed out will have some money that they want to try to flip again. if you don't want to be involved with PUMP it's probably a good time to prepare for a mini onchain mania
hyperliquid will be the place for people with no kyc to trade this and i think it will lead in price discovery. funding down to a level that isnt dogshit. down a little bit on the position but liquidation point is really low so i'm still adding for now. hit some limit longs over night.
was reserving sharing my opinion on all of this for the last week ish bc i thought it was edge but sentiment in group chats + twitter tells me everyone still doesnt want to buy the coin so it's not like i'll be changing anybodys mind or diluting myself in any way my account's way too small.
personally still think people are overthinking this.
this is the only thing people have talked about. even when talking about other stuff it's been referenced in comparison to pump fun/pump tge. i think during a cycle where mindshare has been king fading the one thing at the top of everybody's thoughts is a mistake. you can't discount that liquidity conditions are different than they used to be etc but we also have btc a hair away from ath, eth/btc looking horny (lol, finally), eth showing strength and outperformance, and tradfi infinite bid. markets are wanting to go up, even if we are currently in a kind of limbo range.
there is a world where we get a trigger for everything to dump and the tge goes like shit, but there is also a world where btc god candles into price discovery and everything rips, with this potentially being one of the greatest beneficiaries of that market wide rip
ive had quite a few people ask me how they should play this and i think 1. dont borrow someone else's conviction, you have to see the vision with the trade and 2. like with anything else don't work with more than you can potentially lose on it. but ask yourself if you think this will be an opportunity that you'd be okay missing, or do you still want exposure even on the chance that it goes to zero?
regardless of how this shakes out i am optimistic that whatever the airdrop looks like we'll get a good week or two of coins afterwards, simply because no matter how large or little the airdrop is a lot of people that most likely have been zeroed out will have some money that they want to try to flip again. if you don't want to be involved with PUMP it's probably a good time to prepare for a mini onchain mania
👏16
i dont think it 10xs but i think if it went to zero it would be an anomaly
you guys are probably tired of me talking about it already but ive been banging my head against the wall trying to figure out why im one of the few people i know thats bullish on it short term
👏9💩3
gonna reopen comments
never gonna dm any of you never gonna ask for money will close comments if people post scam links cause i cba to moderate that
never gonna dm any of you never gonna ask for money will close comments if people post scam links cause i cba to moderate that
leftys journal pinned «gonna reopen comments never gonna dm any of you never gonna ask for money will close comments if people post scam links cause i cba to moderate that»
Forwarded from mason_baseball67 (JitFNF)
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Forwarded from doomberg terminal
FED'S WALLER: RETIERATES CASE FOR WHY JULY RATE CUT COULD HAPPEN, SAYS AN EASING WOULD NOT BE POLITICAL
the fed will play ball and they just pump the stock market + btc for the rest of the year probably. i think q4 will be apeshit this year
👏6