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FUN Pumps to 70% Dominance — Watch for Reversal
I see FUN has surged, capturing over 70% of market share in the last 24 hours.
I note this rotation pushed Letsbonk down to 17.9%, which looks like a rapid, likely speculative flow of capital and elevated short-term volatility.
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Analysis
The sharp dominance shift and speed suggest a short-term pump driven by concentrated buying. Such moves often precede profit-taking, sharp retracements or liquidity gaps for smaller tokens like Letsbo...
Recommendation
I will watch on-chain volume, order book depth and transaction patterns; avoid entering on the immediate spike and consider waiting for consolidation or clearer liquidity before sizing positions.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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