đ„ Letâs talk briefly about $PUMP and $LIT .
Iâve talked about both of these coins on Binance Square before.
For $PUMP , my first call during this bear-market cycle was on July 12, when the price was around $0.0014. Since then, the return has already grown to more than 3x.
For $LIT, my first Square call was around $2.50, and the position has roughly doubled from there.
If you want to check those older posts, simply search PUMP or LIT using the đ magnifying-glass icon in the top-right corner of Square.
Now, hereâs my latest view đ
đ $PUMP
The resilience of $PUMP has been impressive.
Even with competition from the Robinhood ecosystem and Stonk potentially pulling users and attention away, PUMP has continued defending its position and pushing innovation.
The meme sector isnât going away, but itâs highly cyclical. Hype comes and goes, liquidity rotates, and narratives change.
What makes PUMP interesting is that beyond the meme narrative, it continues to function as an on-chain traffic and fee-generating business.
For me, that keeps PUMP on the radar as a medium- to long-term hold, while recognizing that crypto markets can remain highly volatile.
⥠$LIT
The news around Robinhood users trading Perps through its own ecosystem has clearly hurt LIT sentiment in the short term.
But I think the market may be pricing in a worst-case scenario too quickly.
LIT has its own operating data and isnât completely dependent on Robinhoodâs U.S. user base. At the same time, the regulatory landscape surrounding Perp DEXs is still developing.
So Robinhood choosing not to integrate Lighter isnât necessarily surprising.
From a short-term perspective, LIT has also experienced significant selling pressure, so a technical rebound could happen if buyers step back in.
The bigger question is what happens to real trading volume after incentives and subsidies decline.
Iâve talked about both of these coins on Binance Square before.
For $PUMP , my first call during this bear-market cycle was on July 12, when the price was around $0.0014. Since then, the return has already grown to more than 3x.
For $LIT, my first Square call was around $2.50, and the position has roughly doubled from there.
If you want to check those older posts, simply search PUMP or LIT using the đ magnifying-glass icon in the top-right corner of Square.
Now, hereâs my latest view đ
đ $PUMP
The resilience of $PUMP has been impressive.
Even with competition from the Robinhood ecosystem and Stonk potentially pulling users and attention away, PUMP has continued defending its position and pushing innovation.
The meme sector isnât going away, but itâs highly cyclical. Hype comes and goes, liquidity rotates, and narratives change.
What makes PUMP interesting is that beyond the meme narrative, it continues to function as an on-chain traffic and fee-generating business.
For me, that keeps PUMP on the radar as a medium- to long-term hold, while recognizing that crypto markets can remain highly volatile.
⥠$LIT
The news around Robinhood users trading Perps through its own ecosystem has clearly hurt LIT sentiment in the short term.
But I think the market may be pricing in a worst-case scenario too quickly.
LIT has its own operating data and isnât completely dependent on Robinhoodâs U.S. user base. At the same time, the regulatory landscape surrounding Perp DEXs is still developing.
So Robinhood choosing not to integrate Lighter isnât necessarily surprising.
From a short-term perspective, LIT has also experienced significant selling pressure, so a technical rebound could happen if buyers step back in.
The bigger question is what happens to real trading volume after incentives and subsidies decline.