Dumpy.fun update #3: Some wins, some losses and a new direction
If you haven't read my introduction post about dumpy.fun then start there
https://www.bulbapp.io/p/66bb0237-e088-477b-a03c-c9eba77f053b/shorting-coins-on-solana-its-complicated?s_id=58fb1a56-2c60-4871-bfcc-9b01acbc25b5
What's been happening in memecoin land?
Things have been hot. Really hot.
When the largest MC coins are moving high two digit, low three digit numbers you know things are flying.
A few new names in the charts, but it's mainly the existing coins than are attracting most of the attention. 
This in a market that's not exactly 'on fire' at the moment. It appears, more and more, memecoins are separating out into their own thing.
That means platforms like dumpy.fun and The Arena, which cater specifically to these types of liquidity profile assets, will only become more and more important.
Probably a lot more important than platform like pump.fun or Moonshot as these are only ever concerned with tokens that have yet to be minted, whereas, as we can clearly, a lot of the volume is in existing assets and communities, not new ones.
dumpy.fun update
Dump it!
We got killed. The memecoin revival took a sledgehammer to our positions.
You win this time $DJT and $SCF
Squeeze it!
We did much better. Unfortunately the UI doesn't show our overall gains/losses but we've made back all the losses from our dumps.
The Arena update
Long/Short
We've killed it.
Totally by accident mostly.
Yield
On the Yield side we've made a couple of bucks (both positions started at 30 USDC).
Interestingly the LP pairings on Kamino for each of these tokens have returned a lot more. Which is down to The Arena LPs just not seeing anywhere near as much volume.
Where to next?
HampterFi is where
We've now covered the basics so it's time to change it up.
We're going to feature a protocol not many of you may have heard of: https://www.hampterfi.com/
X https://x.com/hampterfi and https://x.com/HampterAlerts
There's a wealth of tools that this small project are building out and we're going to be covering a bunch of them.
Stay tuned degens. This will be good.
What is your strategy in the current memecoin market?
Are you a memecoin trader or just a dedicated (mentally unstable?) holder?
Let me know in the comments.
