Horrific scenes in $PUMP world
Post-mortem thoughts: feels like any crypto natives who were sidelined on the $BTC breakout slammed big leverage into this hoping for a $HYPE style move to catch up. Funding was super elevated the whole time.
Liquid funds + whales who hit the ICO were all happy to just take the 50% 72 hour gain. Leading to heavy post-ICO spot selling into heavy perp longing. Recipe for disaster.
All while $BONK had the biggest runner in $ANI, highlighting $PUMP's lack of moat
Just a really big pile of trash that I should've thought about more before FOMOing into. Now back to the boomer coins where new money flows are happening
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