Here is why I am aping in $PUMP with 200k
The sale starts today in about 4 hours, it's gonna run through @pumpdotfun website + 6 CEXs, each with a bit different conditions.
I'll try buying through the website and 3 CEXs, as I'm sure at least one of them will crash during the sale.
The premarket is already trading with a 30% Premium with Longs dominating Shorts (Hyperliquid), meaning that u can arbitrage any size for a 30% gain (u need to hold ur hedge for 72 hours though)
I think most people will try doing this, and they will get fucked with funding once the sale concludes, and many won't be able to get their tokens.
People will flip long because the demand won't be satisfied, leading to even higher price pump.
I am not planning on holding it for too long, up to 48 hours after TGE max.
The revenue is in a huge decline, with Bonk breathing down their neck, attracting more and more new token launches.
Iâll keep you posted on how the sale goes, but I believe the simplest plays around TGE often work best. People tend to overthink it.
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