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Boop.Fun leading the way with a new launchpad on Solana.
Some people compare it to a pump, but the differences are really significant. At that time, pump was the largest on-chain casino, raking in transaction fees every day. Later, it started buybacks, and combined with the live streaming (of course, this story is 💩), it attracted a large wave of "value investors" and speculators, especially since liquidity was still quite good back then, which led to the effect of a rebound from the bottom to 8 billion after the initial drop. Monad has nothing; it's all about the community that just sells the coins as soon as they get them, right? 😹
Nov 24, 16:43
In fact, if you mix in a few big project communities (like Bera, Meteora, Monad), you’ll realize that "strong community cohesion" is the most useless thing, especially in foreign communities. They are all in their own information silos, brainwashing each other to recharge their beliefs. When you ask how much they bought, they have no profits to show, it’s all just talk. When the market opens and they sell, it’s "Bruh, just taking some profit for my work."
Now when the project team tells me the community is strong, I can’t help but want to short it.
The consensus is strong, everyone is asking how to sell...
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