eochi e/acc

Good morning best 🤗🔥The market is dominated by the usual rubbish, but the level of hype surrounding memecoins still manages to surprise me. The official Pump.fun account is celebrating a bloke who apparently made $35 million. It’s a shame that the token has a market cap of $35 million, but a total liquidity of just 1.83 million across all pools. And of that liquidity, a portion is actually made up of the token itself: the amount that can actually be spent in SOL or stablecoins is even lower. What’s more, this wallet holds 75 per cent of the supply. On paper, that position is worth 26.25 million. But ‘being worth’ that amount on the screen doesn’t mean you can sell it all at that price. If it tried to offload such a large amount, it would cause the price to plummet, and the liquidity wouldn’t come anywhere near being enough to realise that figure. Market capitalisation, liquidity and realised profits are three different things. Confusing them only serves to sell a nice story to latecomers. And then you wonder whether altcoins are the future? 😂 Altcoins are used to try and make money when an opportunity arises. Full stop. They aren’t investments to be idolised, and not every figure shown online represents real money. I’ve been telling you this for years: look at liquidity, understand who holds the supply, and distinguish between profits on paper and those actually realised. Otherwise, you’re not investing: you’re acting as exit liquidity.