How PUMP Could Be the Next Solana
The post How PUMP Could Be the Next Solana appeared on BitcoinEthereumNews.com.
Analyst sees classic hated rally signs forming around PUMP token. PUMP holds $2 billion cash, enough to fund major initiatives. Solana, ETH, XRP all rallied after being declared “dead.” In crypto, some of the biggest price surges come from coins that everyone loves to hate. These hated rallies happens when a token rises sharply after being written off by the community. And now, one analyst has revealed that PUMP is showing early signs of becoming the next one on that list. Despite the recent backlash, low sentiment and price pressure, the analyst argues this is the perfect time to look into the PUMP. His reason is simple; history shows that when a coin is the most hated, it often turns out to be the best opportunity to buy, especially if it has strong fundamentals. Related: Pump.fun Fights Back, Opens Its Books to the Public with New Revenue Tracker The PUMP Token Story: Hated, but Still Alive PUMP.fun has been under heavy criticism lately. Its tokenomics were questioned, its team was silent for a while, and the community grew frustrated. Many called it a dead project. But history tells us this might be the perfect setup for a turnaround. In late July, PUMP was trading around $0.00264. Despite the negativity, some analysts started buying. Why? Because the price behavior and sentiment closely followed the early stages of a hated rally. Related: Top Analysts Are Turning Long-Term Bullish on Ethereum and Altcoins $2 Billion in Cash Is No Joke One of the strongest reasons to consider PUMP is its cash reserve. With $2 billion in hand, the project has enough funds to execute strategies, develop new use cases, and attract top talent. In a bear market, cash is king. 更新：20 亿枚 $PUMP 疑似从币安热钱包转回项目方关联地址了🤪 一周前这部分代币充值进币安后流转至地址 9SnqX…seSGz，半小时前又分批从该地址转回来了；莫非真就是可能性3️⃣？毕竟他是 Alon 啊 不过明天就是预计发空投的日子，是骡子是马很快就能见分晓了 钱包地址 https://t.co/aB4x6ZarlC https://t.co/J9yE8aJ0oR pic.twitter.com/d7TE6sUIFR…
