$PUMP I can't understand what the logic of the price increase is. With a selling price of 0.004, it comes with a market value of 4 billion. Are there so many counterparties in the market willing to take it? Are market makers willing to spend so much money to pump the price?
Even if they pump the price, the final outcome is always going to be a price drop.
Why do you ask? Because with a market value of 4 billion and continuously unlocking tokens, there is no one in the market willing to take on tokens with such a high market value.
Why would large funds want to take it on? Even if they do, they will only take on more stable coins in the secondary market, like Doge and Pepe, which have market presence.
I believe the strategy now is to just pump the price, shorting is the way to go: short at 0.006, short at 0.007, short at 0.008, short at 0.009 is also fine.
This junk with a market value of 4 billion should be shorted as soon as it goes online.