depends how u look at it, in terms of trading/price action or ‘fundamentals’ which mean absolutely nothing in bull market
MNDE is cool, but atm, its sole purpose is for staking SOL and MNDE. Outside of this, what else does it offer? I’d look to sell 50% at 2x n hodl.
ORCA was a great defi project, I find it sorta lost its greatness when they replaced awesome high yield orca farming pools with risky leveraged staking whirlpools. I’d look to sell 50% at 2x n hodl.
Raydium was great too, but after the SRM FTX fiasco, its just another defi project with nothing special. I’d look to sell 50% at 2x n hodl.
LIKE seems interesting, a onlyfans themed social media platform and payment token could have potential if women continue growing the slutty trend on social media. End of day, any currency can be used to pay eventually. I’d look to sell 50% at 2x n hodl.
Jupiter is prolly the best d’ex in solana atm. 2 Billion token supply wont be more than a p&d in the end but the project itself has room for growth.
HNT is a great project, Im glad they migrated to Solana. 220M supply, gunna be a great midcapper. Worth investing into at the lows and building a long term game plan while taking profits at the highs.
RNDR seems very interesting, ~500M supply, has great potential at that 100-200$ target in future bull run. Similar outlook as HNT for investing.
that is MY pov, not limited to above written. I can be wrong too. IF others want to add to this, feel free.
my outlook on crypto is that +90% are just p&d copy pasto projects that will fail in the long term. Doesnt mean u cant bank profits on them, just means that LT they will lose value vs large caps like BTC & ETH. The thing about alts is that they are for trading, not long term holding/investing. Sure if you beleive in the project, its good to invest into them, but realistically and probability wise, most wont do much more than P&D. Sell 50% at 2x is a great way to reduce risk, this way you make your money back. Small caps can run up 4x 5x easily so doesnt hurt to be patient on move up and then dump that 50%, make your $ back, some profits and a risk free moon bag.
Why does max supply correlate to pump & dump. Jupiter total supply is actually 10b initial will be like 1 - 2b but I’m just wondering how a supply can make it seem as if a pump & dump
Circularing supply x price = market cap
Btc MC rn is like 750B atm
At some point or another, we gotta be reasonable in thinking whether short term or long term
Historically, coins with huge supply end up getting dumped & sink -90% from ath
Look at unisocks. Very low supply. Small cap but high price.
Look at xrp. 10b supply. Large cap but low price.
depends how u look at it, in terms of trading/price action or ‘fundamentals’ which mean absolutely nothing in bull market
MNDE is cool, but atm, its sole purpose is for staking SOL and MNDE. Outside of this, what else does it offer? I’d look to sell 50% at 2x n hodl.
ORCA was a great defi project, I find it sorta lost its greatness when they replaced awesome high yield orca farming pools with risky leveraged staking whirlpools. I’d look to sell 50% at 2x n hodl.
Raydium was great too, but after the SRM FTX fiasco, its just another defi project with nothing special. I’d look to sell 50% at 2x n hodl.
LIKE seems interesting, a onlyfans themed social media platform and payment token could have potential if women continue growing the slutty trend on social media. End of day, any currency can be used to pay eventually. I’d look to sell 50% at 2x n hodl.
Jupiter is prolly the best d’ex in solana atm. 2 Billion token supply wont be more than a p&d in the end but the project itself has room for growth.
HNT is a great project, Im glad they migrated to Solana. 220M supply, gunna be a great midcapper. Worth investing into at the lows and building a long term game plan while taking profits at the highs.
RNDR seems very interesting, ~500M supply, has great potential at that 100-200$ target in future bull run. Similar outlook as HNT for investing.
that is MY pov, not limited to above written. I can be wrong too. IF others want to add to this, feel free.
my outlook on crypto is that +90% are just p&d copy pasto projects that will fail in the long term. Doesnt mean u cant bank profits on them, just means that LT they will lose value vs large caps like BTC & ETH. The thing about alts is that they are for trading, not long term holding/investing. Sure if you beleive in the project, its good to invest into them, but realistically and probability wise, most wont do much more than P&D. Sell 50% at 2x is a great way to reduce risk, this way you make your money back. Small caps can run up 4x 5x easily so doesnt hurt to be patient on move up and then dump that 50%, make your $ back, some profits and a risk free moon bag.
Great post. Kudos for taking the time.
Rdnr pumped 🥹
Why does max supply correlate to pump & dump. Jupiter total supply is actually 10b initial will be like 1 - 2b but I’m just wondering how a supply can make it seem as if a pump & dump
Circularing supply x price = market cap Btc MC rn is like 750B atm At some point or another, we gotta be reasonable in thinking whether short term or long term Historically, coins with huge supply end up getting dumped & sink -90% from ath Look at unisocks. Very low supply. Small cap but high price. Look at xrp. 10b supply. Large cap but low price.