I've had a theory that I mentioned in some groups maybe 7-10 days ago that I wasn't 100% sure about but seems to be playing out
if you zoom out, within the launchpad meta, PUMP kickstarted it with the monster pump in august, PONS was the next rotation on RH and STONK was the next one
if you look at the charts, activity and revenues stalled on PUMP around when PONS exploded, then it chopped around for a few weeks, bottomed when STONK took full attention away from it, now is recovering and putting moster revenues in again
so naturally I think PUMP leads the next leg up (the chart looks insane and fundamentals back it up), which will coincide with PONS putting in a bottom and after that STONK as well
PONS just breaking down from an obvious bear flag rn, STONK revenues fell off a cliff - I think you hope PUMP goes back to ATHs here and then once activity comes back to PONS & STONK ecos and their revenues bounce back, they will re-rate higher with PUMP as the comparable
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