On July 12, crypto KOL Miles Deutscher commented on the event of PUMP selling $500 million in 12 minutes, stating that this demonstrates that when there is a suitable opportunity, there is still a large amount of liquidity willing to participate. Altcoins have not "died", they just need the right narrative.
Opinion: PUMP sold $500 million in 12 minutes, proving that "Altcoin are not dead, they just lack narratives"
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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