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Btw this has been ranging around the $3M zone for more than a day now after hitting the $3.5M zone; might just be gearing up for the next leg up…. Nice cook.
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Repost from Pow's Gem Calls
Like I said, the tradings game changed a lot since '21~'23. Much more liquidity is onboard, Solana is a highly meme dominant chain with ETH now — shit's gonna get launched on both and fight off the PvP battle of which is better on the chain. Devs are winning for the most part with stacked CA and letting it unclog/clear (sell) and farm degens until the degens rally up to make the narrative work. As for SOL if it's Pump fun, they will clear out supply, "CTO" it, and then see if it runs.
Trading is much more accessible to all, but it's a fast game we play in diff times. Adapt or die, learn or get lost.
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The market is really cooked, especially the $SOL meme space.
pumpfun ruined the game we loved.
Look at the gap in these stats; the gap between launched and graduated.💀
During the X spaces last night, a lot of “farming” was going on rather than legit coins being launched. Users got REKT, I myself got REKT.😄
Charged it to the game tho.
So if you’re out there, wondering why you’ve been on a consistent L streak; you’re not alone.
We might have to slowly migrate to another chain, same as during the days on BSC when it got diluted with jeets/scammers.
OR
We simply pray things get better in the $SOL memespace.
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