Cloud (CLOUD)

I'm going to start dumpster diving for massively oversold gems. There are some crazily cheap coins out there today.

First one is $CLOUD by Sanctum, which is now only $18M FDV. Over $1.4B of $SOL TVL in their LSTs which they power for Bybit, Jupiter, Backpack and many others.

I used to be very bullish on this project, but sold a while ago when it was clear there were no imminent plans for token value accrual through buybacks. I still have all my SOL staked in Sanctum LSTs like INF and JupSOL, and still think the product is great.

At $18M FDV, I'm happy to buy a moonbag using some of my SOL staking yield and just lock it up in cold storage for a couple years. Seed round with Sequoia was at $50M val. They apparently have a secret project launching by end of June too.

$Cloud (CA GvGtfMeKkUsiE1STdgmCqkKXpmV4ZFEctswiGYv7pump) doesn't have snipers and insiders, team holds 13.9% per devsnightmare. justaboomer, khuun16 are top holders.

No major clusters on the bubblemap. CEX map cluster has 56.6%. Binance funded wallets have 18.7%, Coinbase 22.3%, Mexc 2.7%, Change Now 1.4%, Bybit 9.6%.

Top 70 holders have 71.2%, top 10 have 16.3%, 630 holders with an average bag at $65. Nfa