Iggy retweeted
We've all seen the regular stats about how bad @Pumpfun tokens are. About how the vast majority of traders lose money.
But the gigabytes of data I've been assembling over the past few days paints a much darker picture.
I've spun up a VPS and am in the process of backfilling a hoarde of data (burning a ton of Helius credits) and comparing @Pumpfun to @LaunchOnSF
Because of how many tokens are launched every single day the backfill process is still running, although I do have enough data to start being statistically accurate.
I'm capturing data for the entire last month as well as logging all new data in real time. An expensive project, but a valuable one.
For example, I already have learned:
Tokens that have graduated on @LaunchOnSF are 3X more likely to still be active within 24 hours than graduated tokens on @Pumpfun
That jumps to 5X a week after graduation.
While both launchpads have a less than 2% graduation success rate what happens next is the most telling.
Pump fun also has a much higher rate of "fake liquidity" (support being placed and then pulled before rug) than Stonk tokens.
How do I know?
My system is also tracking every single liquidity event. It's watching and logging every time people play games with liquidity in order to manipulate a chart.
More insights will be shared with the greater amount of data I capture/backfill.
This will be interesting.
Iggy retweeted
NEW: StonkFun (@LaunchOnSF) has surpassed both PumpFun and Pons in 7-day revenue.
Iggy retweeted
if you've been here before,
it looks, feels, smells,
and tastes like nov 2023, or 2020
take your pick.
if you forgot, or weren't here, multiple coins went multi-b within weeks, majors tripled.
if you didn't, you're so bullish right now that it's hard to sleep.
knowers know.
Iggy retweeted
My gf who works on Wall Street just asked me about tokenized stocks for the first time
higher
Stonks
you are simply not getting lower prices, we had the worst cross-asset underperformance in crypto's history while stocks went parabolic & bottomed on the worst public industry sentiment in years
OGs waiting for 4 year cycle bottom are going to chase this rally, & crypto starts to look very attractive as a momentum trade for tradfi guys looking to diversify their exposure & but also for LT portfolio allocations as a hedge against the US' fiscal irresponsibility
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