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Austin Barack
@AustinBarack
Founder and Managing Partner @relayercapital. Previously Partner @coinfund_io. Supporting founders w/ protocol design, gtm, and tokenomics. nfa/dyor
Joined February 2017
4.8K Following    24.2K Followers
I only know of one other liquid fund with a non insignificant position in $PUMP and even they said it was only moderately sized. Incredibly underowned for a category leader. I expect some of the move today is fomo buying to put on initial toe hold positions. With 1) the unlock now passed, 2) strong revenue growth, 3) product momentum with the mobile app, 4) better comms from the team, and 5) a good looking chart, I think we see larger institutional allocators re-evaluate, driving a lot more flows to the token
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