Will Pump Fun token holders be entitled to future fee share or will there be token buybacks built in?
If not then I don’t see where the value is in buying in at a $4bn valuation.
Pretty wild that the cumulative value of all memes launched from Pump is only $0.5bn higher than the amount they’re raising at.
Early investors eating well on this; previous rounds were at $12mm, $100mm and $250mm IIRC.
That’s a 333x for the earliest round!
No indication of airdrop to loyal protocol users - I’ve got more questions than answers now!