Beware! Behind the hot pre-sale of PumpFUN lies a hidden crisis!
On July 12th at 22:00, PumpFUN will start its pre-sale, which can be participated in through Gate, Bybit, or the Pump official website, and KYC must be completed. The investment amount ranges from $5 to $100,000. Currently, the pre-market price has surged to $0.0056, a 40% premium over the pre-sale price, with unprecedented popularity.
However, behind the seemingly enticing offer lies a crisis. In terms of revenue, although PumpFUN once raked in $750 million, it all went into the pockets of the project team, and current revenue continues to decline, soon to be surpassed by BonkFUN. The key issue is that its buyback mechanism is far less clear than that of BonkFUN.
Regarding the team, the founder shows no long-term vision, having cashed out all revenues and violated the promise of "never doing a pre-sale," leading to a collapse in credibility.
In terms of market performance, despite high popularity and pre-market premiums, the 24-hour trading volume is only $200 million, and there is a possibility of the project team manipulating the market. The token economics is fraught with issues, with 85% of the chips concentrated in the hands of institutions and the project team, and there are no lock-up periods; tokens are released immediately upon opening, and there is no news regarding token empowerment.
Although the pre-sale of PumpFUN is hot, the team is unreliable and the token economics is opaque. Investors must exercise caution and not be blinded by the hype to avoid becoming bagholders.
