1. Holders count
201,013 207,143 addresses currently owns Moons from monthly distributions.
According to Etherscan, holder metric alone is putting moons into top 25 project holders territory.
This is not some kind of random airdrop that dumps to holders of other projects for cheap publicity, you need to open vault and voluntarily join ecosystem.
It requires more than minimum effort to start getting some.
https://preview.redd.it/1expl2als3gb1.png?1106&format=png&auto=webp&s=a5a7ea7a78da03b8e83a4f6c4030aee4bd0e1ab2
207k holders are putting Moons into top 25
2. Price per Moon is noobie mind trap
After 3 full cycles in crypto, I can safely say, there is no high price or low price.
Crypto are highly illiquid markets, especially if coin/token is owned by retail and yet to be discovered by liquidity of traders.
Psychology of retail goes like this. "It is currently worth 20c, it's impossible to be worth 10$ as it would make everyone rich and they would dump"
No.
It's relative.
Retail still have model of owning Moons at 20c, so they are mentally comparing pumped price to old price arriving at decision, that price is somehow high after the price increase.
But once price moves up, people who are buying/getting moons first time don't remember price at 20c, they remember their position at higher price.
For them high price is completely something different than original holders.
This is periodically repeating if new liquidity is coming to market.
this happens more often than you would think
3. Memes, marketing, buzz
Once price starts moving, articles and posts starts pouring in.
Comments like :
"Omg I sold my moons for 100$, I am dumb-ass could have got XYZ if I held"
"This is not sustainable, whales will dump, makes no sense"
Mixed with comments of people selling at current pumped price and affording luxuries
"from shitposting"
Odd sensationalist article about some dude affording lambo, vacation for waifu and tons of "that's not fair" cope. There will be tons hate, which ironically add fuel to fire.
Lot of people see those unique stories believing they need or could still be part of it, creating even more buy-pressure on coin that is not liquid at all. This attracts naturally traders and market makers, exchanges lists anything with volume and media attention.
Pure hype news are bland, but news, where you know you are the one who missed the boat, fuels rocket even more. Moons are plastered everywhere around the subreddit, people know they exist, they know there are ways to get them. Lot of retail thinks, there will be some big flashing sign to let them know when market attention arrives.
media will pour fuel into fire for clicks
4. MCaps and Top lists
Mcaps moves "together" with increased liquidity.
Mcap of top100 today is 390M
Mcap of top100 in bullmarket could be 3.9B.
Moons can do x20 and it's still not even close to top100.
5. Crypto markets are constantly proving majority is wrong
This market is contrarian based and retail is chronically bad at assessing risk vs asymmetric reward. Crypto is sink or swim and biggest crash course I have ever seen so far.
Retail is armed with information from movies, some "good advises from parents" and absolutely useless habits learned from peers, generally society.
Normal person is trained to look for validation, look for popularity, which makes you ideal candidate to get totally rekt.
People want to feel "mature" with their investments, they have been told their whole life, that investment is "very serious" and you should leave it to professionals (for a fee ofc)
Intelligence and "maturity" has very little to do with investments. I know countless of people who used intelligence only for finding more and more convoluted reasons why something does not work.
I call it :
FUD themselves out of market
If you ever survived one cycle, you know what I am talking about. People loves to celebrate win, but they REALLY love to hate winner.
mid curve mindset is not a meme
My personal opinion is, you cannot be pessimist, not even realist to make it here.
Pessimist never takes any risk, they may not yolo into shit and do not burn money, but they definitely not make any either.
Optimists may be wrong, but if they are right, they are right big.
Realists are in my book people who thinks they got best of both worlds, in reality they got worst of both :)
BONUS REASON
6. It has moon logo
https://preview.redd.it/p6mf15vzu3gb1.png?584&format=png&auto=webp&s=b31cbba1d2361d6ce795ed31cea8d51a6c115630
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