Why I have been jamming an irresponsible amount of $ETH into $CashCat: The memecoins that produce the biggest runs all share one trait and it is not the pump. It is surviving the slow volume period before the pump. Every meme starts at 100% momentum holders and 0% conviction holders. The launch pump is a result of momentum thus early price action is fun to watch and profit off but, is fairly insignificant to whether the coin survives. The slow period is where the split happens. Volume dies, tourists rotate out, and every holder remaining is converting the coin from momentum value to conviction value. I like to assume a coin sitting in a range for 6+ months is finally hitting 1-2% conviction dominance. The history backs this. $BONK sat dead under $40m for roughly 9 months before the 50x+. $WIF sat in a $100m range on no volume before running to $4.8b. $PEPE bled for two quarters before $11b. $POPCAT ground under $100m before $1.9b (see figure 1 below) My main point is the slow period is not the coin dying, rather it is the rocket ship getting approval to lift off. The coins that skipped this phase gave the whole run back. Which brings me to $CASHCAT. Week 7 of existence, roughly $130m, and the first token to cross from Robinhood Chain into the actual Robinhood app. The distribution pipeline is the strongest fundamental story a meme has had in a while. But it is currently 100% momentum and 0% proven conviction. It has not been through a single slow period yet thus the only thing I am watching is whether it can hold a range when the volume dries up. This does not mean we won’t see short-term price jumps, it just means the jumps tell us nothing. The sitting tells us everything. Basically, if $CASHCAT can sit, it joins the list above. If it can’t, it joins the thousands of coins nobody remembers who all died eventually. My question to you is does RobinHood list a shitcoin as its first ever one and lets it go straight to zero? NFA, I’m an irresponsible gambler at the end of the day.