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$HANTA did $50,000,000 VOLUME on the 8TH of may and went from $4M -> $15M only to retrace all of it
$TROLL did $13,400,000 VOLUME yesterday and went from $55M MC -> $123M MC
Something to think about... All this time and the people are yet to understand its all a volume game
What's sad about this is that the PUMP team almost certainly cleared more off $HANTA than $TROLL holders did combined
$55M to $123M is a real 2x on paper for anyone holding. But the volume tells you how much of that 2x has actually been realized vs how much is still sitting as unrealized PnL
TROLL did more MC movement on a quarter of the volume at a much higher cap, where moves are supposed to be harder considering there is 60,000 holders waiting to sell
HANTA had insiders dumping into every buy on the way up
It will take a long time for the market to rotate back into believing that people will buy your bags at higher prices as opposed to grinding volume after a few X multi while price still looks attractive and has room to run
Good to see the market healing though. Charts like TROLL holding are amazing to see. No one's to blame for the last year but ourselves