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Pumponomics
@ThePumponomics
unemployed dad of 3. crypto class of 2017. documenting this cycle trade by trade.
参加 May 2018
566 フォロー中    25.4K ファン
starknet is down about 20% today and i’m seeing a lot of takes that go something like: “everyone had to buy an absolute shitcoin like starknet over the weekend, and when garbage like that pumps you know the move is over and crypto is about to correct.” people can think that, it’s fine. what’s funny is a lot of the same people were bullish last night on a strong weekly close. my read on most of those posts is: “tell me you missed the move without telling me you missed the move” the token went 2.5x in five days. so yes, it’s off the high on a day when the whole market is red. after a move like that i’d be more surprised if it didn’t pull back. it’s coming into the 9c area, which looks like support to me. it could go a good bit lower than that and the structure would still look fine. and that’s only the chart. the reasons i bought it around 4 cents are all still there: the quantum angle, the privacy narrative, the team talking about becoming a layer 1, and more in the pipeline. i said in the original post that if this got going it would be a hated rally. seems about right so far.
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