Interesting setup for $PUMP where fundamental, narrative, and momentum investors can all see eye to eye. If you assume all daily PUMP unlocks are sold and none of it is hedged with short perps (both are as close to 100% as possible not the case imo), daily sell pressure at current prices would be $484K Current buybacks from PUMP revenue are at ~$700K/day That means PUMP price would need to be 44.6% higher before unlocks equaled buybacks in the most conservative scenario where all unlocks are sold and revenue doesn't grow at all from here. Pretty compelling setup. Also, the biggest overhang (the cliff unlock) came and went and PUMP has been moving higher And the chart looks great too
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