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DefiRabbitHole 🐇 🕳
@DefiRabbitHole
Hunting X’s not %’s | Building DYOR for the trenches
Joined March 2021
1K Following    12.7K Followers
An important lesson happened this week. And it's a situation that happens all the time. Once you learn to spot it, you can create outsized opportunity for your port. Here is what happened... $GME created crazy fomo on FOMO. The volume surged and the price shot up 10x in an hour. When these moments happen, you have 2 choices. 1. Follow the crowd 2. Hunt for dips The GME craze created an instant 10x for the people who were early. The people coming after were buying others 10x and dumping conviction bags for it. Fast forward, and GME is down 90% while the conviction bags are up 3x. This type of event is incredibly common and will happen again. The best way to prepare for it is to recognize it, avoid fomoing, and have ammo on the sideline ready to take advantage of the discounts. Best of luck degens
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I think $Pons is a cycle winner And right now, Pons has dipped 50% because of rotations and short-lived fud. - RWA on different launchpads - Bonk Launch of Circus - Noxa fake comeback - Attacks on the site - PF coins going up But zooming out, those things have already been resolved: - RWA coming in v2 - Circus is not a real competitor - Noxa was fake fud, but exacerbated the dip - Ozzy handling the attacks and showing competence - PF coins will always fluctuate So, looking past the recent fud, I see a lot to be bullish on. For starters, I believe people are completely misreading how valuable the #1# launchpad on RH is worth with the amount of money ETH whales have to contribute. The @ponsdotfamily community is extremely aligned which I feel is not priced in. This dip is great because it is allowing for a lot of great people to enter and increase their positions. Pons has not done any buy backs in over 15 hours and now has over 300 $ETH ($550k) available to use. @MEADGod published v2 titled "Communitymaxxing" that's packed with great updates: - CTOs - RWA Pairs - Reflection tokens - Exclusively non-token asset (no more devs dumping) Having Ozzy lead this charge is incredible, as he has shown to ship extremely fast, understands the trenches, and knows how to communicate. IMO, $Pons is positioned to be a cycle winner
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