mayjormayham on Nostr: After further analysis 🧐, I found that the $TRUMP wallet I've been following is ...
After further analysis 🧐, I found that the $TRUMP wallet I've been following is actually amongst a group of wallets sniping coins on pump.fun.
So for those interested in risking your neck on pump.fun, be very careful of the contracts that have a lot of activity, hardly any chatter in the thread and on the verge of completing the bonding curve.
The wallet I've been following is linked to the creator of the coin I tracked along with many other wallets all participating in bundles so the holder record doesn't show risk of 1 wallet holding a massive portion of the liquidity.
Then when the coin completes the bonding curve, they immediately sell their holdings rugging everyone that bought into it.
So for those interested in risking your neck on pump.fun, be very careful of the contracts that have a lot of activity, hardly any chatter in the thread and on the verge of completing the bonding curve.
The wallet I've been following is linked to the creator of the coin I tracked along with many other wallets all participating in bundles so the holder record doesn't show risk of 1 wallet holding a massive portion of the liquidity.
Then when the coin completes the bonding curve, they immediately sell their holdings rugging everyone that bought into it.