DeFi

This is why $ANON won't pump. The cabal are selling you their tokens via Uniswap positions. 

https://revert.finance/#/pool/base/uniswapv3/0xc4ecaf115cbce3985748c58dccfc4722fef8247c

“this is why it won’t pump” — only sort of true… we need to improve defi literacy

providing liquidity to uniswap v3 is good (actually) for everybody (actually) 

if there’s demand it will still pump, but on the flip side, the tokens in these LP positions are also explicitly not being market dumped. 

if whales market sold the tokens instead, it would move the price down, single sided LPing does not move the price down 

if the token has demand, then the token can still pump and the single sided LPs will get rekt and lose out on upside,,, all while giving buyers (aka new community members) better execution price

I do think that LP’ing a ton of memecoins is bad for price action. Best is to LP ETH one-sided to protect against sell pressure