#MemecoinSentiment Pump.fun, a memecoin launch platform, has concluded one of the fastest ICOs ever, raising $600 million in just 12 minutes. The sale offered ~15% of the total token supply with a fully diluted valuation of $4 billion, reflecting strong investor interest despite the ongoing debate about the sustainability of memecoins.

Memecoin does not increase in value based on technical analysis; it is sentiment - it is community psychology / a similar concept to animal spirit.

When the market fomo, memes can increase by 10 or even 100 in a day.

But it can also reverse and drop 50% within the same day.

Be cautious when trading memes; take profits when you feel it's enough.

Don't wait for the peak$BONK