gumg

PUMP just made a new cycle high while crypto, metals, ai and tradfi bleed
Revenue is trending higher, supply changed hands a lot during this consolidation
Second leg imminent

Bitcoin update:
Weekly saved, Gold & Stocks pushing crypto down
Bulls want to stay above $82K, but no point in selling if there is a crack below cause what matters is how the day closes
I like to think we are forming a new range between $83K / $90K

+46% on solana:CLoUDKc4Ane7HeQcPpE3YHnznRxhMimJ4MyaUqyHFzAu since my tweet yesterday
Yet the chart still looks like this, it literally just broke the HTF downtrend for the first time
Remember, tokens erase years of downtrends in days/weeks
Seems like Solana bros are starting to catch on ☁️

If you bought Jack Doherty's token you deserve what happened to you

$SOL to $140
you don't want to fade it as it chews up one of its biggest HTF resistance levels

the biggest protocol on solana is at $30M mcap, even though it has $2.3B in tvl
they just BURNED 25% of supply
is improving tokenomics and VALUE ACCRUAL for holders
its own token has $200K trading volume in the last 24 hours, less than your average memecoin
recently changed ticker name for brand alignment
has a mega update on Oct. 1st
ticker is solana:CLoUDKc4Ane7HeQcPpE3YHnznRxhMimJ4MyaUqyHFzAu @sanctumso
everyone discounted Sanctum because there was no alignment between the business and token, which was a fair assessment
what do you do with this new information then?
solana DeFi is going to

PUMP is valued "higher" than other launchpads and deservedly so
It conquered that position
Revenue is real, consistent and you can expect it to still be high in a deep bear market with $2M toppers as we had earlier this year
When you're doing a longterm investment you want to make sure the business can survive a bear market, and PUMP can because we all saw it
It isn't fair to discount it, your portfolio can have more than one launchpad allocation

Solana does 5.5x more App Revenue than Robinhood
I've said in the past that you can't beat SOL's distribution and ecosystem appeal
Bullish solana:So11111111111111111111111111111111111111112

A $32M token is growing its reserves at a rate of $200K per month
Enough to buy almost 1% of its supply, at any moment, whenever the token drops
It also allocates 95% of all revenue to token buybacks at any price
It is a built-in plunge protection tool that no other token has in crypto
$SOL going up means that @ORE activity, revenue, buybacks and reserve grow much faster
If you assume SOL pumps to ~$170 which is incredibly realistic, then the reserve could grow up to $500K a month
In this scenario, downtrends become way more muted, whereas holder confidence grows and incentive to sell decrease

$SOL will jump 20% in 72 hours after breaking $120
You have 3 options:
1) wait for a september nuke & bid
2) hold and wait
3) set lots of bids between $120 and $124 so you catch all the upside
what seems more likely? what seems more risky?