Cumrocket ($cummies) may actually become a front page story

Trenchcoat Economics
3 min readJun 5, 2021

Elon just released a more explicit tweet

Although I think most of us have already had our eyes on $cummies since the other day…

Canada

Usa

Mexico

Yes sir, he’s a memester. And it’s free money if you’re up at 2am pacific time to trade.

Now, is it a hold?

At $90million market cap and looming potential for a bear market, this could become a safehaven memeplay over the next week as the mainstream media continues trying to make sense of his tweets and the hot-button topic of market manipulation.

They do porn NFTs, you can tip cam girls with $cummies, some other stuff… But you can learn about that on cumrocket.io

All-in-all it’s a BSC shitcoin, so let’s just look at the graph and wallet distribution:

Immediately after the tweet, we rallied to wick above ATHs. Notice the effect his more insidious tweet just before had in contrast. I take this to mean it’s a good meme. More importantly, word will soon be out.

It’s 4am here in CA. The US is still asleep, and it’s a weekend.

Looking closer we’ve broken out of an ascending wedge, but exercise caution during the nexts luls in volume. I’d expect the second major wave of buying power to not come for several more hours, once Cumrocket has gone viral in a more mainstream way during the US day time.

The distribution is a bit misleading — as 85% of tokens have be burned, it effectively multiplies those holding numbers by a factor of nearly 7x

My opinion: high risk/reward buy on sustained positive sentiment under a 150m. Watch the tx’s, in the meantime there will be lower entries if several of the so far buy-only larger wallets begin taking profits now.

No doubt Elon is capable of tweeting a third time in reference to $cummies. But best case scenario, the crypto acts as an exceptional outlet for the growing resentment against his social influence and a proper catalyst for the debate on markets and memes.

side note: I’m willing to bet he/his followers don’t let this thing crash hard immediately afterwards. It’d look profoundly bad on him. Play a rebound if it nosedives to ATL

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