Just asked around among the former hardcore holders of Giggle—everyone bought over 1M, then took massive losses and exited. This time, as it pumps back up, basically none of them are on board. The loyal believers sold their tokens during the dip, and now they’re watching it fly higher but don’t dare to buy back in. They can only watch as it climbs. The logic they used to be bullish on is still being spread by the current holders, but they’re no longer in the game. Sigh, truly counterintuitive trading—only cutting the smart ones. If these smart ones didn’t get off the ride, Giggle wouldn’t have been able to pump.