solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk just recorded the second-largest 1hr short liquidation in all of crypto, behind only $ZEC (a $16.4 billion cryptocurrency!) and here's where things get REALLY interesting: literally every key metric is now at an ATH except the price 👀 - $185m+ in 24hr spot volume - $2.2b+ in 24hr perps volume - $200m+ in CEX perps OI - 9,600+ new holders in just 7 days all of this... for a $240m memecoin every single one of those numbers is an ATH for solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk and here's the craziest part: these metrics weren't even remotely this strong when solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk was trading at its previous $450m ATH the fundamentals and activity are exploding while the price is still sitting almost 50% below ATH i've seen this movie before this kind of action is eerily similar to what we saw with $PEPE before its major expansion last cycle first, the metrics started screaming then the price caught up and once it did... there was no stopping it $PEPE went from roughly $300m to $4b, cooled off, and eventually went on to reach $11b+ throughout this entire bear market, i repeatedly said that i believed solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk had the potential to be a $DOGE / ethereum:0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce type runner this cycle many laughed many faded it many ignored me but increasingly... the numbers are beginning to validate the thesis and you can argue with opinions you can argue with narratives but you CANNOT argue with cold, hard data 👀