i promised to reveal the name and ticker of my latest six-figure leveraged trade once it did a 2x
this happened a lot faster than i anticipatedâi.e., in just over 24 hoursâso, as promised, iâll be sharing the details of my latest trade:
- token/ticker: $PNUT
- entry market cap: $177 million
- current market cap: $400 million
- margin/investment amount: $152,753.83
- leverage size: 6x
- PNL at the time of writing: $1,151,001.25
Why PNUT?
as i mentioned in my initial tweet about this trade yesterday, PNUT stood out because it shares several traits with two key assets that had insane rallies over the past month: $PENGU and $POPCAT
the most important of these: all three assets (PENGU, POPCAT, and PNUT) were listed on Robinhoodâthe worldâs biggest and most impactful retail trading outletâon the exact same date: 13 March, 2025
i noticed that PENGU and POPCAT began their post-Robinhood listing rallies in early April (about one month post-listing) and are both up 300â400% in just four weeks, while PNUT had barely moved and was still trading around its listing level
furthermore, PNUT had crashed 95% from its $2.5 billion ATH and had been ranging at the bottom for four months straight
it is worth noting that those four months were among the worst periods for crypto in a long timeâ$BTC hit multi-month lows, and many major memecoins suffered fresh 70â90% corrections. yet PNUT held its level and barely budged
this means one thing: sellers have been exhausted!
in addition:
- PNUT is tradable on nearly every major T0 and T1 CEXâRobinhood, Coinbase, Binance, Bybit, OKX, etc
- it is down over 90% from ATH
- it is the lowest cap memecoin on Robinhood
- it's one of the most recognizable recent memecoins among retail, thanks to its unique lore and role during the 2024 US elections
- it consistently did more volume than most major memecoins, even those with 5â8x its market cap
- PENGU & POPCAT (listed on Robinhood the same day as PNUT) have pumped 300â400% in weeks, which many would use as a good reference point/anchor for what's possible with PNUT once it starts pumping
while many dismissed it as 'a dead squirrel no one is talking about,' both charts and fundamentals aligned for an explosive moveâas long as it got the right spark.
in essence:
- it's a memecoin with strong retail familiarity
- itâs listed on every major retail outlet and CEX, making it easy for retail to bid
- when it appears as a top gainer on Robinhood/Coinbase/Binance, many will remember its election-era pump and buy expecting a repeat
- it has a history of strong mindshareâonce it starts pumping, the narrative spreads fast: âwait, that dead squirrel is up 100% and outperforming everything?â
- and perhaps most importantly: widespread disbelief and dismissal created the perfect conditions for a hated rallyâlikely to be amplified by shorts piling on and getting squeezed by organic buy pressure from retail buying due to muscle memory of its last explosive pump
this was my thesisâand so far, it has played out
now, iâve seen a few people insinuate that PNUT only pumped because i tweeted about it. thatâs absurd!
PNUT has added $223 million in market cap in the past 24 hours, with ~$1.2 billion in 24h trading volume
if you truly believe that a single tweet from meâa random anon who didnât even reveal the name, ticker, or entry priceâcaused that much price growth and volume, then i have an Eiffel Tower to sell you!
iâve tweeted about several coins this past week that barely moved, including low caps. i tweeted about Simonâs Cat earlier todayâitâs up only ~10%, or ~$5m in added market cap
the takeaway:
thereâs only so much a single man can do if the fundamentals arenât aligned
PNUT has pumped so hard in such a short time because of its fundamentals at the time of my longâand thatâs exactly why i entered
the market simply validated my thesis
if those fundamentals werenât in place, it wouldnât have pumped even a fraction of what it didâand wouldâve likely retraced any small gain faster than it appeared
at the end of the day:
those who execute and take trades get rewarded. the complainers get sidelined and end up with nothing to show for it
TO GOD BE THE GLORY!
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