Without a doubt, the brightest star in the crypto world these days is $pump, which has been in the making for nearly a year and has now arrived late!
With a total supply of 1 trillion, fundraising price of 0.004U, and a market capitalization of 4 billion U; raising up to 150 billion, only facing non-US and non-UK KYC, which means only people outside of the US and the UK can buy in for 600 million USD.
As an on-chain giant, pump.fun has an annual profit of over 700 million USD and a valuation of 4 billion, which is actually reasonable, considering that circel's profit is only a quarter of pump.fun's, yet its market cap is hundreds of billions in the US!
However, in the long run, it is indeed difficult for pump to compare with the global stablecoin market (no further comparisons will be made here), so we can only look at short-term estimates: if it reaches its peak during the on-chain boom, I believe a valuation peak of 10 billion for pump is absolutely possible. But we have already passed the effect period; the gameplay is singular, and players are gradually becoming immune. Before the opening unlock, a market cap spike to 6-8 billion is still possible, but all ICO tokens are circulating once they are listed, and the huge selling pressure depends on who can run fast, so while the profit expectations are there, most people cannot outrun the scientists!
Currently, bian and hyper have both launched pre-opening contracts:
hyper opened at a high point of 0.015, currently at 0.00493 with a fee of 0.0013%
bian: opened near 0.006, currently at 0.00486 with a fee of 0.005%
The media is unanimously spreading FUD, but when it comes to going long, they don't hold back. If the positive fees continue after the official launch, I believe many large funds will use spot and contract shorting to stabilize and arbitrage,
But if you want to participate in the ICO, you can recharge funds to the corresponding exchange before 10 PM on the 12th!
