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Bonk Eco continues to show strength amid $USELESS rally
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Pump.fun to raise $1B token sale, traders speculating on airdrop
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Boop.Fun leading the way with a new launchpad on Solana.
-closed end trust issuance peaked in Aug-Sep 1929 at $1bil/mo, equivalent to $130bn as a % of today's economy (@bewaterltd)
-peak SPAC issuance peaked at $180bn LTM Q2 2021 (@realjimchanos)
at $86bn we're halfway to peak issuance levels, based on prior greed cycles

12 tuntia sitten
in the last 8 weeks
- 98 companies
- raised or announced plans to raise $86 billion to buy crypto
- most have no revenue and minimal employees outside of IR, FinOp, and legal
i think it only gets crazier - selling $1 for $3 and clipping 20% sponsor fees is too tempting
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