🧬I think the issue with PUMP isn't whether to get on board, but how much to invest. Currently, the FUD (Fear, Uncertainty, Doubt) voices are quite loud. Exchanges are also cooperating by launching pre-market contracts (Bybit, BN, HL) which are now online, with a current valuation stabilizing around $6 billion. Based on the public offering price of $0.004, with a total supply of 1 trillion tokens, that gives a valuation of $4 billion. I believe the project team will likely maintain the current valuation or push it to around $8 billion↔️ The initial circulation of $PUMP is 50% (33% institutions + 15% public offering + 2.6% liquidity). Institutions acquired 18% of the tokens at a valuation of $400 million (some with a 10-20% discount). Additionally, the oracle price is $0.41 USDT (far above the public offering price of $0.004 USDT), so there is a high possibility of a short-term pump. If they don't do this, the largest public offering will fail. If I were the project team, I would definitely lead the fundraising effort. 🏋️‍♀️Suggestions from the leader: 1️⃣ If you can, participate in Bybit (registration: ‼️Just a reminder, you can choose any country during Bybit verification, but finally verify as China. On the night of the 12th at 10 PM, if it spikes (0.008-0.01 USDT), withdraw. You can use $USDT, $USDC, or $SOL to participate. 2️⃣ Before the 12th, go long if the valuation is below $4 billion or around that level, but with a small position and be cautious of high fees. 3️⃣ Look for opportunities to short slowly when it spikes to 0.008-0.01. 4️⃣ Add liquidity to the LP as soon as it goes live to earn from the pool. All suggestions are just presets, with high volatility risks, so be careful with position control. This week, besides $pump, there's also $WLFI. Hope the vampire 🧛 leaves soon! ! !
Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.