I’m not really wired for random degen punts. If I size into something heavily, it’s because I’ve spent enough time on it to build real conviction.
That was $WIF and $Bonk for me in 2024.
That was $RUNE, $AAVE, and $SNX back in 2021.
What was common among all of them? All went to billion dollar market caps.
One thing I’ve noticed from talking to a lot of bigger solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk whales/top holders is how little interest there is in selling anywhere around here. And they are buying more at current prices which might seem high to most.
These whales with serious size aren’t thinking about trimming for a quick 2x. Their targets are way higher.
$5, $10, $20....
Some are talking $100 like it’s not even crazy. Why? Because according to them, solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk has all the ingredients to surpass $DOGE. Call it insanity, call it hopium or whatever - these are the kind of believers and ardent holders you need for a coin to go to unimaginable heights.
Will it ever get there? Maybe yes. Maybe not. Most of us are betting on the 'Maybe yes' and that's what really matters.
Obviously everyone has their own exit and profit taking strategy, but when the strongest hands still think the move is barely getting started, it makes you rethink what “too bullish” even looks like.
Might be time to move those solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk targets up, anon.