- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Viewpoint: PUMP 1CO quota may be sold out within 1 hour, and the market value will first fall to US$2.5 billion and then rise to US$20 billion
Odaily News MoonRock Capital CEO Simon wrote on the X platform, Despite the general public hate, I believe that privately, there are many whales who cant wait to rush into PUMP. This is why I think Saturdays 1CO will sell out in less than an hour. The heat will be real and the expectations for the TGE will be high. However, when PUMP starts trading next week, I doubt its valuation will be much higher than $5 billion. Many people who just want a quick return will be disappointed and their trades will be invalidated. They will sell and the price will start to fall. Then enter panic mode. Social media will be full of people claiming that they have been right all along - $PUMP is just a cash grab for retail investors, a scammers rhetoric, etc. As a result, the price will fall below the 1CO level, possibly to $2.5-3 billion. At that time, the Pump team, some calm traders and long-term fundamental investors will buy firmly, buying PUMP in large quantities from panic sellers and weak hands. Supply will shift from short-term speculators to long-term holders. Enter a revenge pull-the most unpopular market directly rushed to $200 Obviously this is just speculation, but I’d say there’s a 70-80% chance that this will happen.”
You may also like
MegaETH Co-founder: 48 Hours After Leaving Dubai, I Reassessed the Entire Crypto Space
Web3 Winter Mass Exodus: Resignations, Closures, Transformations, and Acquisitions
Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report
During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance
OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month
Different Rulings in Similar Cases: Why can Uniswap go free while Tornado Cash cannot?
In the next 5 years, Vitalik will expand Ethereum in this way
WBT Pulled a Quiet 15X While Everyone Was Watching Meme Coins
WBT, the native token of WhiteBIT exchange, surged from under $6 in 2023 to over $50 by 2026,…
Bank of Japan to Test Blockchain-Based Reserve Settlement Platform
Key Takeaways The Bank of Japan (BOJ) is leading the way as the first G7 member to explore…
Ethereum Price Prediction: Whales Impact 7th Red Month as RWA Sector Achieves $15B Record
Key Takeaways: Ethereum is on the brink of recording its seventh consecutive red month, indicating a potential prolonged…
VanEck’s Macro Bottom Thesis: Is the $60K–$70K Floor the Real Cycle Reset?
Key Takeaways VanEck CEO Jan van Eck asserts that Bitcoin is forming a macro market bottom around the…
WBT Did a Quiet 15X While Everyone Focused on Meme Coins
Key Takeaways WBT, WhiteBIT’s native cryptocurrency, has surged over 3,000% from its lowest point in late 2022 to…
Arthur Hayes Forecasts Bitcoin Price Surge to $750,000 by 2027 Due to Monetary Expansion
Key Takeaways Arthur Hayes, co-founder of BitMEX, forecasts Bitcoin’s price to reach $250,000 in 2026 and then surge…
Iranian Exchange Outflow Surges 700% Amid Stiffening USDT Sanctions
Key Takeaways: Iranian cryptocurrency exchange outflows surged by 700% following military strikes, signaling rapid capital flight from the…
Crypto Price Prediction Today 2 March – XRP, Bitcoin, Ethereum
Key Takeaways XRP is poised to potentially reach $5, driven by its role in stablecoin and tokenized asset…
Solana Price Outlook: Why A Billion-Dollar Loss Didn’t Deter This SOL Whale — What Insight Do They Have?
Key Takeaways A major institutional investor in Solana withstands a huge unrealized loss, maintaining confidence in the long-term…
Bitcoin Price Prediction: $1 Billion Floods Back Into Crypto ETFs — Is the Bull Run Restarting?
Key Takeaways A notable $1 billion has re-entered crypto exchange-traded products, hinting at potential upward momentum in Bitcoin…
Ethereum Price and BitMine Shares Jump 10% After Latest Treasury Buy
Key Takeaways BitMine Immersion Technologies has embarked on a bold move by purchasing a significant amount of Ethereum,…
App