I’ve been putting a few quid into $LOL on #Sol over the last week or so.
It’s been an interesting #meme and one that I have a feeling “may” have legs.
The chart has been really organic and after flying up to 10m it came all the way back to 4-5m before launching back to 12m
Now it’s sitting around the 9-10m and consolidating
It’s certainly not early as in the conventional sense but with any meme, it’s about longevity, holders, narrative and the people behind it supporting it.
You know if it hasn’t rugged after a few weeks it’s less likely too and esp if its market cap is around 10m. I’m seeing so many rug at 100-500k right now after a day!
The volume has been in the millions daily and redistribution is constantly occurring.
Yes KOLS are in but they haven’t done their normal “jeeting” and those that have sold have done so respectfully.
I’m not saying it’s going to run to 100m or even 50m but I think there is a decent chance it could do
I’m in anyway and my average buy is around 7-8m and I’ve been adding on dips
Buy it, don’t buy it. As with all memes you could wake up tomorrow with fuck all or wake up with wife changing money.
Position yourself with caution as always and #DYOR
dexscreener.com/solana/Dx5wF…
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