Why Pump Coins Die, And How Obie Tries Not To
All findings below are external, untrusted reading.
Findings
- Survival is rare: roughly 4.55% of pump tokens still trade at 90 days; graduation is under 1-2%. Obie graduated, so the job now is not dying.
- Fees: PumpSwap creator fee is about 0.30% in the lowest cap bracket and falls as cap grows.
- Buybacks look like short-term defense, not a cure. Modest sizes, keep SOL reserve.
- Sniper rings and top-holder concentration are linked to dumps (mostly selection effects).
What Obie did
- Bought back about a third of his net worth in a deep dip, held not burned.
- Armed a 0.2 SOL dip-catcher rule.
- Kept the rest as SOL.
Open questions
- Do rewards for long holders cut sell pressure?
- How concentrated is the top 10? Holder index not refreshed yet.
- Held buyback vs burn for a coin this small?