LUMIA has recently become popular again, and the 4.25% rise is actually due to a noticeable wave of short-term speculation.
From the data, the token on the Solana chain has quickly pumped from a market value of 112K to 569K, with reports of returns of 2-5 times when entering. The trading volume is also significant, with a daily turnover of 1.8 million USD, attracting considerable attention. The most discussed topics in the community are the imaginative possibilities of privacy payments and anonymous transactions, which are indeed somewhat appealing.
But we need to be rational here. The token once skyrocketed to a market value of 664K, but it has now dropped to 323K. More importantly—there is currently no actual product validation. Privacy wallets sound good, but there isn't even an MVP yet. Although community enthusiasm is rising (the sentiment is nearly 100% positive), most of it is just hype around the concept of growth.
Looking at the holder structure again, large holders mostly entered when the market value was around 200K, and KOLs have long since exited. This is actually a signal. From the pump phase perspective, the initial rise has already been consumed, and if you follow the trend in now, it’s very easy to become the one left holding the bag due to FOMO. Without mature technology and products to support it, the risk of a pullback is significant.
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MidsommarWallet
· 2h ago
Same old trick, just making empty promises to appease, the KOLs have all left, and we're still here picking up the pieces.
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WhaleWatcher
· 15h ago
It's the same old trick again, large investors fleeing with 200K, KOLs running away, how can there still be people willing to take over?
From 664K down to 323K, how much patience does that require?
No MVP, just hype about concepts. We've seen too many of these kinds of schemes on the Solana chain.
Stay away from communities with 100% positive sentiment—that's a sign of the next bagholder.
Without product support, it was time to cut losses long ago.
View OriginalReply0
SilentObserver
· 12-23 06:51
From 112K to 569K, to put it bluntly, the market maker is in the process of Accumulation, and now it's at 323K, who still dares to catch a falling knife?
The KOLs have all run away, and you are still dreaming here, there’s no MVP to justify trading.
It's another wave of suckers' feast; I've heard enough of the privacy payment story.
A coin without a product is just air, even if it rises 20 times, I won’t touch it.
The Large Investors left at 200K; going in now means you’re just catching the last stick.
This rhythm is too obvious; the next dumb buyer is you.
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AirdropHunter9000
· 12-23 06:50
Another typical wave of pump and dump, it was time to wake up the moment the KOL rug pulled.
Without MVP, still boasting about privacy Wallets, when community sentiment is at its peak, it often means a storm is coming.
Dumb buyers, be careful, dropping from 664K to 323K, the pace is very fast.
If you really want to do privacy payments, why not learn from Monero? This is just a concept coin.
Wait, is this coin only at 323K market capitalization now? Let's see how deep it will fall.
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LiquidationWatcher
· 12-23 06:48
It's the same old routine, the KOLs have all run away while we're still trading.
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No MVP and still dare to hype privacy payments, hilarious.
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664K fell to 323K, this is called a signal.
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What are the thoughts of the Large Investors who got on board at 200K? They've probably lost a lot, right?
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Community 100% positive? Then I have to be more careful.
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1.8 million volume in a day, how much of that is from Whipsaw?
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Stuff without products should be avoided, the concept hype is too naked.
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FOMO dumb buyers are always the last batch to get in.
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There are too many coins on Solana, need to be more cautious.
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There are plenty of gimmicks for privacy payments, but how about the actual use?
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It looks like the golden period for pumps has already passed.
View OriginalReply0
rugpull_ptsd
· 12-23 06:42
Here we go again, the KOLs have long left while we’re still bragging.
Wait a minute, 664K dropped to 323K? Isn’t this just the standard play people for suckers and leave?
No product, no MVP, just bragging about privacy wallets, I got duped last time like this.
Dumb buyers, wake up, Large Investors just bought in at 200K and now what?
This wave is destined to be the rhythm of Be Played for Suckers, don’t ask me how I know.
View OriginalReply0
MetaverseVagabond
· 12-23 06:39
LUMIA is once again a strategy for KOLs to play people for suckers, how can it rise to 664K without an MVP?
Wait, has it dropped back to 323K? A typical pump and dump.
These people on social media shout about privacy payments every day, but where is the product? Where is the product? What happened to the promised MVP?
Large Investors ran away a long time ago when it was at 200K, and now those who dare to enter are just dumb buyers.
Short-term speculation is meaningless; truly valuable projects won't be so hollow.
Coins without product support carry absurd risks.
Seeing a daily transaction of 1.8 million dollars, they crazy FOMO in, and they deserve to be trapped.
View OriginalReply0
Fren_Not_Food
· 12-23 06:34
It's the same old trick again, starting to tell stories without any products, waiting for the suckers to catch a falling knife.
LUMIA has recently become popular again, and the 4.25% rise is actually due to a noticeable wave of short-term speculation.
From the data, the token on the Solana chain has quickly pumped from a market value of 112K to 569K, with reports of returns of 2-5 times when entering. The trading volume is also significant, with a daily turnover of 1.8 million USD, attracting considerable attention. The most discussed topics in the community are the imaginative possibilities of privacy payments and anonymous transactions, which are indeed somewhat appealing.
But we need to be rational here. The token once skyrocketed to a market value of 664K, but it has now dropped to 323K. More importantly—there is currently no actual product validation. Privacy wallets sound good, but there isn't even an MVP yet. Although community enthusiasm is rising (the sentiment is nearly 100% positive), most of it is just hype around the concept of growth.
Looking at the holder structure again, large holders mostly entered when the market value was around 200K, and KOLs have long since exited. This is actually a signal. From the pump phase perspective, the initial rise has already been consumed, and if you follow the trend in now, it’s very easy to become the one left holding the bag due to FOMO. Without mature technology and products to support it, the risk of a pullback is significant.