Is $Billy a Potential $WIF in the Making?
Is $Billy a Potential $WIF in the Making?
I’ve been noticing most pump.fun memecoins lately have been rug pulls. I first saw Billy around a $9 million market cap but dismissed it due to its contract address.
It then surged to a $100 million market cap. Research showed Billy was born on Pump.fun in early June. Shortly after launch, the developer sold all their tokens within 20 minutes for $1,116. That amount of BILLY would be worth nearly $6 million at today’s price.
Uniquely, the community took over the project after the original developer disappeared. Now, community members run the project’s social media and Telegram.
I’m wondering if Billy could be another $WIF, as it’s fully community-owned and gaining attention.
What do you think about Billy? Is it advisable to buy now or DCA instead?
I’m not saying that it won’t go up(because it can, depending on how crypto in general will move), but it’s pretty hard to get memecoins as big as WIF at this point due to the huge number of competing memecoins already. Both capital and attention have been heavily diluted already.
It’s definitely one of the newer memecoins that I’ve seen a good amount of shilling from decent influencers tho.
I just checked the $BILLY meme by looking at the semiannual chart showing an increase of over 350%+ the market capitalization has now reached $126M but I’m not sure this will be the next $WIF meme.
Not to curse the meme you mentioned but are you sure the developer has disappeared and doesn’t have tokens anymore? Now that the community is in control they are creating hype for people to fomo this meme.
Back to your decision to buy or not, if I myself am not sure anymore on meme coins and the right DCA remains on bitcoin.
The decision is yours.