PUMP (PUMP)

re pump as a potential trade target:

it's never good to trade emotionally. but sometimes it's worth recognizing if a ticker is an outsize liability for you personally

pump has meaningful revenue and is arguably an insanely successful protocol

that said, it falls under a weird/rare bucket for me - i don't like the org/product, from an emotional standpoint

normally losing on a trade stings, but you can sweep it under the rug

losing on trades where the underlying bag is something you think is gross/rotten feels *extra bad*

move here is to simply move my entry targets to something unreasonably greedy

if that hits, and a re-evaluation of technicals/etc shakes out, i can at least buy there with a tightly pinched nose, and not be as upset, w/ consideration for the opportunity/asymmetry

$███ (CA D93qx6RYPhx5dYupo83tZZRj1uEUG9XnNoWG9qmjpump) doesn't have snipers and insiders per devsnightmare. runitbackghost, Ramsetx, DegenChee, Anteya are top holders.

Bubblemap is clean. CEX cluster has 55.7%, Binance funded walltes have 22.5%, Coinbase 16.5%, Moonpay 11.3% (high), Kraken 5.1%, Bybit 4.9%, Mexc 2.8%, Change Now 2.2%, Cryptocom 2.4%.

Top 70 holders have 67%, top 10 have 15.1%, 950 holders with an average bag at $75. Nfa

$PUMP update: Rejected like I thought. I'll be focusing on this one soon. Going to start buying in little by little. https://t.co/dfEbaEiUQ6