🔥Dissecting http://Pump.fun: The Meme Revolution and the Truth Behind the Bubble
As a veteran who has experienced three rounds of bull and bear markets, I witnessed http://Pump.fun reconstructing the logic of crypto issuance:
1️⃣ The Era of Universal Token Issuance: 0.02 SOL extremely low cost + no-code deployment, resulting in the birth of 2 million tokens in six months, with revenue exceeding 100 million dollars, completely breaking through the traditional barriers to token issuance;
2️⃣ Innovation in Fairness: Automatic relinquishment of minting rights + full circulation of tokens, fundamentally eliminating RUG risks from the mechanism, but the whale can still control the market with multiple wallets to reap profits;
3️⃣ Harsh Reality: Only 1.4% of tokens can "graduate" to exchanges, 99% go to zero, essentially a casino for attention—under the myth of sudden wealth, there are only bones left.
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Beware of the regulatory sword behind the celebration: A collective lawsuit in the United States has accused it of securities violations.
