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Entered $200k into KOMA at 0.0185 avg just now, thesis: - smallest marketcap meme coin on Binance perp right now, with marketcap of $11m and increasing combined open interest of $6m on Binance/Bybit/Gate, I think it has mm value for some cabal group - around $2.7m of KOMA is team's locked coin, so the actual circulating marketcap is around $9m - The current market's narrative is similar to 2022-2023 where we had DWF Labs season: people favors tiny marketcap coin controlled by cabal and can deliver big green candles (BROCCOLIF3B pumped 10x recently, and many tiny marketcap coin with Binance perp did couple x pump today) KOMA can dump 30% from here and I'm ok to lost that amount of my trade, don't follow my trade or you might be me/other players' exit liquidity
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I haven't sold any of my KOMA yet, I plan to hold for a while, and I'll update if I exit.
CZ And Meme Founder Spar Over Giggle Donation Rules Mame and Koma memecoins founder Brian Sumner (@xBrianSumner) said he understood Giggle Academy (@GiggleAcademy) would sell donated tokens when he sent 2% worth $165,000 to the wallet. He suggested selling in smaller batches instead of all at once to avoid market disruption. Changpeng Zhao (@cz_binance) who is the founder of Giggle Academy countered that Giggle is not a crypto team and lacks the expertise to manage supply that precisely. He added that projects donating price impacting amounts should not expect recipients to manage it perfectly. CZ said the platform will continue selling most tokens monthly to keep operations simple.
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Thank You For One The Lovely & Coolest Birthday Gift Ever 🥺💕💕💕 @koma_98