The token issuance of Pump.fun itself is not scary; what is scary is that before the public offering has even started, Binance has already driven down the price of PUMP! Now Binance's pre-market quote is 0.0049, while the public offering price is only 0.004. Assuming the price remains unchanged, the potential return for public offering participants is only 20%. With 150 billion flooding into the market, can the current price hold up?
