Been staring at $PUMP for hours now. Not because I think it's the next big thing, but because the way it's moving doesn't follow the usual script.
Everyone's calling it just another memecoin, but 6M+ tokens launched, 40% above ICO before it even hits the market? That seems like a collective attention to be honest and attention is currency in this space. Not saying it's sustainable. Most of these tokens won't make it past the hype cycle. But every cycle births a few that do.
But what if $PUMP ends up being one of them? Then this whole chaos will look like the setup in hindsight. It seems messy and loud. But it's also undeniably alive.
What's your read on it?
Everyone's calling it just another memecoin, but 6M+ tokens launched, 40% above ICO before it even hits the market? That seems like a collective attention to be honest and attention is currency in this space. Not saying it's sustainable. Most of these tokens won't make it past the hype cycle. But every cycle births a few that do.
But what if $PUMP ends up being one of them? Then this whole chaos will look like the setup in hindsight. It seems messy and loud. But it's also undeniably alive.
What's your read on it?