Solana memecoins got absolutely smoked tonight.
MAX and a Chinese cat pulled in over $130M in combined trading volume while DACITY, FLOAT, GTA6 and solana:9Pq7aLAbhDG2tTnS22cm6kuysZVcZpLFE368HWuypump all took a hit.
Here’s what caught my eye. solana:9Pq7aLAbhDG2tTnS22cm6kuysZVcZpLFE368HWuypump gained holders during the dip.
Big wallets sold. The chart took a hit. The holder count still went up. I think this was the flush solana:9Pq7aLAbhDG2tTnS22cm6kuysZVcZpLFE368HWuypump needed.
If you’re trying to work out what happened tonight, follow the wallets. Look at who sold, what they sold and what they bought next. That’ll tell you more about the rotation than staring at one red candle.
And why am I still bullish on solana:9Pq7aLAbhDG2tTnS22cm6kuysZVcZpLFE368HWuypump ?
They’ve still got their ace cards to play. They haven’t handed out 1–5% bags to a bunch of KOLs. And they’ve got a treasury the size of Mount Everest.
Tonight was ugly. solana:9Pq7aLAbhDG2tTnS22cm6kuysZVcZpLFE368HWuypump came out of it with more holders, and the team has plenty left to build with.
Almost out of our DCA zone... I think buying this area is going to be very profitable for people.
solana:9Pq7aLAbhDG2tTnS22cm6kuysZVcZpLFE368HWuypump
B1 retweeted
t.me/NihaoCatWifHat Join Our Telegram! and make sure you got your hat on!! enjoy the solana:4CxjZyMNoF1p6eXHXHv1TWpS2X47CuUmLwtGe18spump rewards from just holding ni hao Cat $WIF hat
Hear me out on this one…
Everyone’s looking for a Christmas coin. I went digging through the early @Pumpfun launches and found a $SANTA at around $6K MC with some mad lore.
The same wallet that created this $SANTA also created the Jan 14, 2024 $TEST token, five days before Pump.fun went live to the public. That $TEST was at $429K MC when I checked.
Pump.fun lists $SANTA’s creation date as Jan 25, 2024. That puts it in the platform’s first week, from a wallet that was already deploying tokens before the public launch.
Both token pages list the same creator wallet, 4G5F…Hgn4, whose Pump.fun profile goes by hiyo. The wallet match is verifiable. The link to @a1lon9 is still unconfirmed.
You can launch a hundred new Santa coins this Christmas. Good luck finding one with receipts from week one of Pump.fun. 🎅
$SANTA on Pump.fun
pump.fun/coin/EfttBMMxMy5MMG…
Jan 14 $TEST on Pump.fun
pump.fun/coin/4Hcm1TfA1MvVhC…
Shared creator wallet on Solscan
solscan.io/account/4G5Fwc9st…
$SANTA CA
EfttBMMxMy5MMGKouCUEQHZq1yS9PnmsJM6jkQWJZkiq
solana:9Pq7aLAbhDG2tTnS22cm6kuysZVcZpLFE368HWuypump is literally the only thing worth grabbing in this market right now.
Everything else feels like noise specially as most devs are only launching to extract from you.
When the market eventually wakes up, you want to be positioned in the right plays, not chasing them after they’ve already moved.
$JOB is the one.
Just checked how many @Deliveroo orders I’ve done since having the app. Wholly shit. 😂
