Squirrel #Pnut Review. $100 million achieved ✅
Initially, there were two friends in the group who posted #Pnut's CA and reasons on November 1st. This situation is quite rare (the group has strict CA posting requirements), which drew my relative attention, especially since one of them is an old investor from 2017 and my student.
Following the idea of capturing the hippo, I added it to my watchlist and placed some initial positions. However, the data on November 1st was not particularly good; at that time, the concentration and proportion of smart money in the top 50 and top 100 were relatively low.
But due to the hippo's experience, I searched on Web2 and looked at related reports and news about squirrels 🐿, which had decent exposure on Web2. From a communication perspective, it had strong emotional resonance and penetration, and it could really stimulate empathy among people, which is very similar to the emotional value provided by the hippo. I believe that human nature is inherently good, and this emotional resonance is universal among humans. Although political logic was introduced later, that is a different story.
In reality, the logic that truly triggered our group's high attention and heavy investment was on November 2nd at 9:28 PM, when the official #DOGE Twitter account posted. Just a few days prior, we had purchased MEME public opinion monitoring software, which came in handy, allowing us to discover and alert the public opinion warning in real-time. Without hesitation, the team quickly released the information to the community and rapidly checked two indicators: net capital inflow and the proportion of smart money.
I remember at that time #Pnut's market cap was around $5 million, and the first large bullish candle surged by 75%, with net inflow of funds and trading volume showing an increase of over 200%. The proportion of smart money in the top 100 jumped from less than 15% to 38% almost immediately. This data surprised our team, and the overlap of smart money wallets with the hippo was very high, mostly consisting of indirectly related addresses. We decisively increased our positions!
What happened next is something everyone should know: the world's richest person made a call + political crossover! Hitting $100 million!
First, I want to thank the wisdom of the group friends who were able to discover the CA and reasons so early, and also thank the team's data sensitivity and long-term online presence. I am grateful 🙏 to a group of like-minded meme comrades; how precious it is!
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