From viewing various Solana meme launchpads recently through #pumpfun , it seems that pump's future revenue capacity will decline. There are too many sol launchpads now. Recently, it has been dominated by bonk. In the future, it might be dominated by jup, or maybe by slerf. Alternatively, it could be dominated by ray. Wif might also get involved and dominate it. During the market hype phase, from this perspective, pump's token might rise. In the long run, pump is no longer worth a valuation of 4 billion. At most, it could be estimated at a market value of 200-500 million.