Nowadays, the tech-driven memecoins are all about pumping while shaking out weak hands! Recently, I’ve been holding two tech-backed small-cap coins that went through heavy early-stage shakeouts and then steadily grew later on. One is the POLYFACTS I mentioned yesterday, and the other is PIPCAT. @getpipcom is a new launchpad on the SOL chain. It skyrocketed to over 300K right after launch, then completely shook out within a few hours, dropping back to around 100K. After discussing it with some group members, I built a position at 100K. There are plenty of lessons from one-wave launchpads like this. The biggest driver for PIPCAT was its official Twitter showing support from Coinbase and incubation by Binance Labs. Plus, it’s got backing from many big-name KOLs. Since the team didn’t deny these claims, I decided to take a gamble. Turns out, it shot up tenfold that same night, breaking past 1M. Unfortunately, I was playing basketball with friends at the time, and some group members cashed out over 1M. I sold half during the pullback to around 800K and still hold half my position. The lowest it dropped was back to 130K, but since the remaining is all profit, I didn’t sell and have been holding until now. The whales really know how to shake and pump. The hourly chart shows massive shakeouts, but the daily chart is a steady climb. That said, this launchpad has only launched three coins so far. Two of them have almost gone to zero, and only this flagship coin is still alive. If the official Twitter claims are true, the ceiling for this coin should return to 1M. It all depends on whether the platform can improve its launch rate to attract more users in the future.