Buying $Pump here is like buying Bitcoin at 3k. You know @a1lon9 is gonna buy back half the supply in a year, so your job is it to buy as much pump as you can on spot before he does it.
You can literally frontrun 500m buys a year :)
As the biggest public hater of onchain, it’s time I need to put that hate aside.
It goes back to the saying of: Do I want to be right, or do I want to make money?
I want to make money of course. And so in saying all this, I have opened a starter position in $PUMP.
I really believe it will do exceptionally well at some point.
- as of late August 15.15% of circ supply has been burnt and 1.1% of total supply burnt
- on average PUMP has revenue of $2.78m per day and has bought this back off the market
- in the last month PUMP has bought back $58.7m in tokens
- and in saying all this, PUMP is roughly a 10th the size of HYPE
This is all the while onchain has been quite dead. These numbers can easily trouble or quadruple during hot periods of the market.
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