This is strictly for degenerates. I feel solana tokens are only worth the cumulative trading fees collected within locked and burned liquidity pools. They do have a fundamental value relative their value in solana. As far as what their value in dollars is... well that's probably not far from zero. That's a whole other discussion. This trade is not that. This trade is based on one thing...
Hot air rises.
Feel free to ignore this, or bash me all you want. I have purchased a small (for my net worth) amount of FARTCOIN and pooled it with Solana and USDC in multiple pools to collect trading fees and hopefully I come out with more Solana and USDC than I just pooled. My LP position is not locked. I will pull my LP when I feel like it. That's my position.
Hot air rises.
Feel free to ignore this, or bash me all you want. I have purchased a small (for my net worth) amount of FARTCOIN and pooled it with Solana and USDC in multiple pools to collect trading fees and hopefully I come out with more Solana and USDC than I just pooled. My LP position is not locked. I will pull my LP when I feel like it. That's my position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.