Once the pump loses its 4b A major cascading effect will happen. The only reason I'm not going super heavy on the short was because of how fast the presale filled. However, the lack of volume post-presale confirms it was just the team buying their own allocation. And with this in mind, they have good supply control over 90%. I predict based on the presale. So that really leaves us with how will that remaining 10% move. Regardless, revenue for memecoins is drying up and competition is increasing. 4b protocol on Solana is a lot; not even Jupiter demands that type of market cap. Look for it to settle around the Bonk price target. If you liked this speculation, drop a retweet; if not, let me know where I'm wrong.
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