Luigi Mangione price

I gave you $TRUMP at $250M, it went to 43 billion in less than 24 hrs. 170x i gave you $PNUT at 500k, it went to 2 billion 4000x i gave you $LUIGI at 360k, it went to 60m 170x i gave you $FRED at 35k, it went to 300m 9000x and you still don’t have notis on 😬 Stay poor.

I gave you $TRUMP at $250M, it went to 43 billion in less than 24 hrs. 170x i gave you $PNUT at 500k, it went to 2 billion 4000x i gave you $LUIGI at 360k, it went to 60m 170x i gave you $FRED at 35k, it went to 300m 9000x and you still don’t have notis on 😬 Stay poor.

💀 The Mysterious Death Stranding Zone of MEME On-chain meme/LP veterans may have noticed a phenomenon: Most memes seem to encounter several mysterious death stranding zones, consistently. For example, if you check out the two major speedrun tokens from yesterday and today: $JAIL and $LUIGI. Switch your perspective to Mcap, select the K-line for 5 minutes or 15 minutes, and observe carefully for a while. What do you discover? If you observe closely enough, you will likely find a common pattern: These coins face extremely severe selling pressure at market caps of: 5M, 10M, 15M, 20M, 30M, and 50M. In a short-term adjustment, if it can break through, it will face the challenge of the next zone; if it can't break through, then it basically marks a short-term peak, and the subsequent trend is almost guaranteed to be an endless decline. These different market cap heights, divided by multiples of 5, roughly represent the various death stranding zones that on-chain memes need to challenge and conquer. If you are skeptical, you can check out several similar tokens of the day (which need to have enough heat, trading volume, and turnover), and experiment for yourself to make your own judgment. So why do people favor or fear multiples of 5 so much? What is the mystery behind it? Every phenomenon has its reasoning and logic behind it. Natural phenomena are explained by natural sciences, while phenomena occurring in the financial realm are naturally explained by social sciences, or in other words, trading psychology. Let's try to explain this in a not-so-rigorous manner: Generally, in the speculative field, we humans share some common psychological concepts, such as: 1. Humans prefer round numbers 2. There is a strong motivation for profit-taking 3. Humans love to follow trends 4. Individual behavior is unpredictable, but group behavior is highly predictable Combining these characteristics, we can explain the possible logic behind this "mysterious death stranding zone": Early investors want to cash out; They believe that 5M, 10M is about the peak; They sell and dump at these key points; Others follow suit and sell, leading to concentrated trading at the current round number; Unless there is a stronger buying force to break through the resistance and move towards the next 5x round number; If the breakthrough fails, it will continue to plummet. In summary, this can be understood as: a self-fulfilling prophecy. If everyone believes that this coin can only reach 5M or 50M at most, then when enough people think and act this way, the market forms a collective force, belief leads to action, action drives price and trend, and trend induces further trends, creating a perfect closed loop. If this not-so-rigorous scientific hypothesis holds, what guidance does it provide us? Be cautious with operations at key points; If possible, at key points, wait for a few more K-lines before entering. For example, I bought LUIGI at 50M today, and it started to drop right after I bought it. So I wrote this in my notes: 💬 "Next time at a high round number, forcibly wait 3 minutes before buying." Or, should I sell early at key points? Look, a self-fulfilling prophecy begins to show its magic.