0xSun: The divergence in token issuance on pump.fun is too large, and different strategies can be formulated based on the public sale speed

ChainCatcher message, encrypted KOL 0xSun posted on platform X, stating that investors can formulate different hedging strategies based on the public sale situation.

If the public sale is slow, participation can be completely avoided. If the public sale progresses quickly, participation in hedging can be considered, provided that sufficient margin is reserved, with the risk being the token distribution interval of 24-72 hours after the public sale ends. "One scenario is a pump contract that triggers a short squeeze; the countermeasure is to keep enough margin, which effectively reduces the utilization of funds to enhance safety.

The second scenario is that spot trading opens earlier than the token transfer time. By manipulating the spot price to pump, even if the contract price does not follow, it will turn into a negative fee rate. Retail investors hedging will be tortured by fees if they do not short; if they do short, the coins in hand will become naked longs, bearing the risk of price fluctuations."