The launch rate of memecoins on the SOL chain is picking up, but liquidity determines the market cap ceiling! Went to bed early last night, so I didn’t jump on ZIGGY. The combo of Wizard + Pepe is definitely appealing, but I didn’t dare to get in on the first wave. Let’s wait for a pullback and go for a second round. The biggest expectation right now is still Elon’s promotional interaction, but there’s bound to be some shakeouts in between. ZIGGY was so hyped last night, but its ATH was only around $1.3M. And those 10x gains from TUTU and ALL yesterday? After hitting highs of $300K-$400K, they’ve also crashed hard today. Recently, while the PUMP launch rate has increased, SOL’s market liquidity is still sluggish. Most of the hot plays are still in the tens of thousands range, not yet at the point of breaking through. Only the top-tier hypes are hitting million-dollar market caps. To my fellow dog coin bros: have fun, but don’t get too ambitious in this market. Best not to hold positions overnight. If you’ve made profits, take them and run!