first $PENGU treasury company?
Pre-markets on exchanges such as Binance and Hyperliquid has ruined new launches.
There is no speculation anymore and the token almost always list lower than the pre-market was trading at the point of listing.
A good indication of demand is looking if the pre-market moves on listing announcements. Meaning if the price does not pump on Upbit KRW announcement as an example it's probably a free short.
What happened to $WLFI will happen to $XPL, which is still currently trading at a huge premium on HL. Free short, enjoy and stay safe
traders try and work extra hard when the market is shit, why? this is how you lose money, by overtrading. solana daily traders chart is trending towards zero, by end of next year likely going to be close to zero if we continuue like this. teams with AI tools launching hundreds of rugs daily consistently extracting money from the trenches. every single team launching tokens in hopes of selling 9 figures but this shit isn’t 2017 anymore when random tokens pumped to billions and teams sold hundreds of millions. there is only a small amount of projects actually bringing in revenue or actually having real value. everyone is here to make money, and when almost nobody makes money the vibes get bad. I see KOLs getting more and more followers so obviously there are new people coming into this space. new people ask me weekly «what should I buy» listen stick to the basics and be patient. realise you are not early. hold BTC, ETH maybe SOL revenue generating projects or a real life brand IP meme to have exposure and thats it. yes crypto is going higher from here but I’m extremly tired and bored of this industry. I barely check x or chats these days. I can’t be the only feeling this way?