Last night, the broad market was just a “needle”—it poked down and then came right back. The memes on BSC were the same; nothing really broke.
What did well, though, was Binance’s life—not only did it not drop, it even quietly went up a bit. Others like Haqimi, Lobster, RWA, the World Cup, and Apple’s life mostly just dipped like a needle and then bounced right back—community-building is a little underwhelming.
That Lobster whale/market-maker is really shady—he猛拉, then猛砸. The trading volume has stayed pretty high these past few days, and I suspect he’s washing the order book (whipsawing to shake people out). So at today’s price, I added a little more Lobster.
The current market is pretty funny: U.S. stocks are moving like a meme—keeps rising without pulling back; memes, meanwhile, move more like U.S. stocks—with pitifully small volatility. But no matter which market you’re in, remember this: don’t chase pumps. The moment you chase, you’re likely to end up the bag holder.
What did well, though, was Binance’s life—not only did it not drop, it even quietly went up a bit. Others like Haqimi, Lobster, RWA, the World Cup, and Apple’s life mostly just dipped like a needle and then bounced right back—community-building is a little underwhelming.
That Lobster whale/market-maker is really shady—he猛拉, then猛砸. The trading volume has stayed pretty high these past few days, and I suspect he’s washing the order book (whipsawing to shake people out). So at today’s price, I added a little more Lobster.
The current market is pretty funny: U.S. stocks are moving like a meme—keeps rising without pulling back; memes, meanwhile, move more like U.S. stocks—with pitifully small volatility. But no matter which market you’re in, remember this: don’t chase pumps. The moment you chase, you’re likely to end up the bag holder.