Analysis of PUMP Token Issuance Strategy:
Launch with a surge, harvesting the chasing high retail investors;
Then a slow decline and sideways movement, after harvesting, just lying flat.
I won't easily take the bait, unless it really drops badly.
Once the platform gains popularity and issues tokens, it’s basically hard to have a wealth effect—opportunities are bland.
The valuation of TEG at that time had huge inflation, similar to popular tokens like Blur and UNI during their peak issuance.