🔵 Memes have entered a strange phase of fear. Retail is currently avoiding anything above $50K cap. This is largely due to Pumpfun, which completely changed the mindset for entering new projects.
🔵 Previously, launching a meme meant presales, allocations to the team, a long liquidity build-up, and community engagement. It was flawed, but it made projects work.
🔵 Pumpfun simplified everything to a button: instant launch, bonding curve, no presales. It seemed to be fairer and safer.
🔵 As a result, the market has learned to hunt only for the very early entries. Anything that has already grown a bit is automatically considered late and risky.
Why hold if every minute a new token with low cap is released?
🔵 An endless rotation has begun: entered early, quickly sold, moved on. Holding is dead. This has strengthened bots and snipers, who have started to take out regular traders. Any protections against bots are seen as potential scams.
🔵 The result: paranoia, distrust, and a market where almost no one wants to hold positions.
This is a transitional phase. New mechanics for launches and fairer rules of the game will emerge. The market will become healthier, and retail will return.
