🧵The $rasmr Illusion - How FDV and Mcap Hype Traps Late Buyers
You see a meme token with:
– $9.2M market cap
– 2,753 holders
– $167K in WSOL LP
Looks legit, right?
Let’s break down how $rasmr used bonding curve and locked supply to fake value and trap exits

🚨 $rasmr looks like an $10.4M market cap gem…
but here’s what’s hidden beneath:
– 98% of tokens are locked
– Only few tokens are tradeable, so price is high.
– LP holds $157K in WSOL and mostly from buyers, not true liquidity
If unlocks hit the pool:
→ Price crashes
→ WSOL liquidity will drain fast
FDV is not real value.
Always check circulating supply before chasing charts.

It started with a Pumpfun launch:
Someone minted 1B $rasmr and used just 84 SOL ($12.4K) to buy 791M tokens off the bonding curve.
This pumped price and market cap instantly.

Then they added liquidity:
– 206.9M $rasmr
– 84.99 WSOL ($12.5K)
AMM now had a price of $0.0086 per token.
→ Market cap = $0.0086 × 1B = $8.6M
But that is not real Marketcap.
Fast forward:
People started buying $rasmr → AMM received more WSOL
Now the LP shows:
– 18M $rasmr left
– $158K+ WSOL
Looks like deep liquidity, right?
Here’s the twist…

791M $rasmr is locked in wallets.
No transfers. No sells.
Just sitting there inflating FDV and Marketcap.
Only 18M tokens are actually tradeable.
So despite the $8.6M market cap, the real circulating market cap is:
$0.0086 × 18M = $155K Mcap
That’s the real number.
The rest?
Bonding curve math + locked supply = optical illusion.

Why lock most $RASMR tokens?
To:
✅ Create fake scarcity
✅ Push price up fast
✅ Attract new buyers chasing green candles
✅ Make LP look safe with WSOL
✅ Exit slowly before unlocks kill the price
This is the trapdoor setup:
– Tiny float makes price explode
– Locked supply props up FDV
– LP grows with buyer WSOL
– Exit window is narrow
– Any unlock = price cliff

The $rasmr chart might look like a moonshot.
But zoom in, it’s a game of 1st buyer wins, last buyer bags.
Trade smart.

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