Respect to @a1lon9 and the @pumpdotfun team. I’m a big supporter of everything they do, HOWEVER, I think instant migrations will hurt pumpfun in the long run. There should be at least 1-2 minutes before a coin can migrate.
Migrations give people a GOAL to bond a token. If
SOL is the only chain I have ever used, and today I bridged to BNB and I find 0 pleasure in using it. Its all clunky, its slow, people will buy 15% of the supply (worse than SOL), and there are still migrations dumps. The only reason people hold is because half the time
The new @pumpdotfun update has been a huge success. I was initially against instant migrations, but I changed my perspective. The goal should’ve never been migration. Its about real organic growth and social culture. I can now confidently say this is the start of Pumpfun Season 2
This is my first cycle and to be transparent I basically stabled nothing because I thought we’d keep going higher. But it is what it is. All I can do now is grind my way back up day by day and learn from my mistakes. I appreciate the friends who told me to stable, yet my
the most profitable trenchers can sense the social value others will assign to a meme, whether it's a fresh elon/toly tweet or just a regular meme. not every meme migrates, not every meme goes to millions. knowing which ones can bond, which ones die at 25k, and when to exit is
pumpfun’s bonding curve might need to be adjusted soon. right now, a token graduates when 85 sol is pooled. at today’s prices that’s about 20,000 dollars. when sol reaches 400, it would take 35,000 dollars pooled just to graduate.
more capital and more traders will be needed to
Truly haven’t seen the amount of farms on pumpfun at this high of a level. It’s getting really bad. New pairs from tweets are bundled with 30%+ supply, larp verified accounts with usernames similar to legit ones, fake websites, fake newspaper accounts with botted followers,
give it 2 weeks. new wave of future degens just starting summer break. takes time to make a cex account, deposit from bank, learn phantom, and figure out how to trade. real onchain summer loading. fresh trenchers getting ready to make a name for themselves.
I think the rotation back to pumpfun/solana will be inevitable. Memes are popculture, and popculture is dominated by the west.
don't get me wrong, one single CZ tweet will spawn a giga runner. I believe that you should be chain agnostic if there exists the opportunity to make
There’s a shift happening in the trenches. Maybe for the better. It’s no longer about being early on fresh news. Those plays still exist but they’re not as common. The edge now goes to the trader who can spot trends and tap into culture. I expect several multi-million coins to
You woke up today and it’s October 2024 again. Pumpfun trenches are heating up, and you know multiple coins will hit millions every day. You’ve been given a second chance. Are you gonna make it count?
Never expected the trenches to be so alive at these sol prices. It’s honestly the most accessible path to building wealth in modern history. And as long as that desire for wealth exists, the trenches will always stay open.