Day 77 of DCA'ing $1,000 into #SPX6900 every single day.
Expand to every corner of the Internet, Aeon.
1 post a day.
Everywhere.
Persist Forever 💹🧲
Crypto Koryo
the beta meta is dead.
around a month ago, i posted that fartcoin mcap being larger than pump is a strong buy signal on $pump.
now fartcoin, main meme of pump eco, is down 73% against pump in the last weeks.
longing betas was one of the main trends in 23/24.
in 25, nobody talks about it anymore. ppl bidding directly the main thing. that's a good thing. makes the universe selection easier.
and makes it much harder for most alts to find a bid.
Crypto Koryo
pump, bonk and their top memes, fartcoin and useless, now occupy 60% of mindshare in the memecoin sector.
already shared my views on pump vs bonk in the last weeks.
but would you rather hold pump or fartcoin here?
1/
fartcoin's mcap is now higher than pump.
to see how significant this is, here are mcaps of launchpads and their top token:
bonk ($2b) -> useless ($0.2b)
virtual ($0.8b) -> aixbt ($0.1b)
but also:
ethereum ($435b) -> uniswap ($6b)
solana ($90b) -> pengu ($2b)
we usually see a >10x mcap diff between the token and the underlying infra that supports it. based on this metric, it seems that either fartcoin is overvalued, or pump is undervalued, or both.
+1 for pump
2/
fartcoin is down 40% from recent highs, but it still doesn't look cheap at $1b as the only comparable meme with a higher mcap is spx (only 50% higher). doge shib and pepe looking out of reach.
on the other hand, pump is down 62% from tge and already >2x cheaper than bonk.
+1 for pump
3/
on the other hand, pump being a protocol, its valuation is tied to its metrics. revenue, token launches, volumes.
fartcoin can pump at anytime for no other reason that the market being bullish. but as we have seen a single statement by alon can drop pump's mcap by more than $500m.
+1 for fartcoin
4/
community and social metrics are very important for memecoins. both pump and fartcoin have a good community and high mindshare.
I like to use @_dexuai maxi chart to evaluate the strength of the community. we see pump having way more maxis than fartcoin.
+1 for pump
5/
as soros says: "the worse a situation becomes, the less it takes to turn it around, and the bigger the upside."
at this stage a single bullish tweet from alon could set the bottom for pump. we are already seeing signs of sell exhaustion.
yes all the on-chain metrics are down for pump but that's already priced in and this could be the bottom both for on-chain metric and the token.
+1 for pump
----
overall, it seems to me pump is a better buy here compared to fartcoin (and most other memecoins).
Unipcs (aka 'Bonk Guy') 🎒
has the $USELESS relative strength on down days returned?
#USELESS green and up double digits while $BTC, $ETH, $XRP, $SOL, $HYPE, $DOGE, $SPX, $FARTCOIN, and $WIF are red
this is reminiscent of the relative strength it showed when it went 'up only' for weeks, from $4m to $400m, in the face of multiple wars, aggressive tariffs, and a hawkish FED that depressed markets during that run
About SPX6900 (SPX)
SPX6900 (SPX) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in SPX6900 (SPX)?
As a decentralized currency, free from government or financial institution control, SPX6900 is definitely an alternative to traditional fiat currencies. However, investing, trading or buying SPX6900 involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about SPX6900 (SPX) prices and information here on OKX today.
How to buy and store SPX?
To buy and store SPX, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying SPX, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 4K new posts about SPX6900, driven by 1.6K contributors, and total online engagement reached 398K social interactions. The sentiment score for SPX6900 currently stands at 72%. Compared to all cryptocurrencies, post volume for SPX6900 currently ranks at 1675. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of SPX6900.
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Posts
3,981
Contributors
1,553
Interactions
397,519
Sentiment
72%
Volume rank
#1675
X
Posts
3,215
Interactions
349,344
Sentiment
72%
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