Yes

The public offering price of the Pump.fun project is 0.004, with a total supply of 1T. To be honest, it's surprising that such a project is even going public; it really shows they have too much money and nowhere to spend it. I recommend not participating in the public offering!

This time Binance did a great job; many exchanges are cooperating with the pump project’s public offering, which is simply the project party and the exchange colluding to exploit retail investors. The fact that Binance did not participate indicates they have research and analysis, at least they know this project is designed to exploit retail investors, hence they chose not to engage in the public offering.

The situation looks very bad; they are treating retail investors like fools. With such a large volume, the project party and the exchange must have colluded to manipulate the market, inflating the public offering volume.

In the current market, the pump sector is not a very high-quality sector, and the projects are mediocre. The market conditions are clear; participating in such projects, if one can make a profit, should just run away. I believe that the likelihood of participants suffering significant losses is very high!

I see that contracts are available on Binance; we all understand that as long as the spot trading is launched, if the price can reach 0.006-0.008, it’s advisable to short immediately because the risk of contracts is very high. We cannot rule out the possibility that the project party is colluding with the exchange to exploit retail investors, so the liquidation point must be carefully considered. If done well, shorting could yield significant profits; if not done well, it could lead to substantial losses.