i can stay longer retarded then the market red
My thesis for my $PUMP trade. $PUMP is generating about $2M in revenue everyday. Yesterday it was in the Top 5 of generating revenues in Crypto. -> Every dollar going back into buybacks (2M each day) -> They are massively focusing on Streaming -> Solana absolutely rocketing the past few days The past days I thought about what potential beta play I can buy to $SOL? It was clear to me it was $PUMP since they are doing massively buybacks (about 12M each week) which means downside is relatively low. Just as with $PENGU or $REKT I see the social movement is moving positive towards PUMP. Just as a small comparison $HYPE did about 2.7M in revenue and sits at a 46B FDV (yes hyperliquid is probably long term way better since it will be used all cycle long and binance is even scared) yet $PUMP sitting at 3.3B feels criminally undervalued. I longed it and even though the market overall is down since I am slightly up on $PUMP. I feel like alon has some other tricks in his pockets too. Last but not least this Pump long was promised to me 2025 years ago.
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