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Alpha airdropped 50U today

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#MemecoinSentiment Here’s the recent memecoin sentiment amid the recent Pump.fun ICO launch: 1. **🚀 Massive raise**: Pump.fun’s $PUMP ICO sold out in ~12 minutes, raising between $500 M–$600 M for ~33% of total supply . 2. Bullish pre‑market: Derivatives saw ~$346 M in futures volume, trading ~30% above ICO price—strong long-side sentiment . 3. Cautious optimism: Prediction markets showed ~70% chance of early sell-out and analysts note incentives (cliffs, lockups) that slightly dampen dump risk . 4. Skepticism in community: Critics warn of insider-heavy caps, potential extraction/rug‑pulls, and regulatory risks amid memecoin saturation . 5. Wider sentiment: Experts warn memecoins often embody pump‑and‑dump cycles—“consciously bullshit”—benefiting insiders over retail .

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