PUMP is kinda pumping... In another thread I said that memecoins are dead at the moment but after looking into it, it looks like the trenches are starting to get back...

Some metrics at Pumpfun are starting to show some life and activity is going up. Even their Pumpswap DEX is slowly picking up in volume.
But yeah, let's wait a week to see if it's really breaking out. Getting paranoid after closing my longs on MON and XPL at a loss.
Such developments are very reasonable considering the market is recovering but memecoins which are their main product I don't think will experience a very high price spike again like last year, the demand for memecoins is getting weaker, with such a large supply inflation cannot be avoided from this token, so pay attention again if you want to invest long-term in this project, we need to see the good side and the risks.
Fear is very natural especially in this market situation that we cannot understand where the direction of its movement.