#Pump
🤔🤔 98.6% of the tokens could be fraudulent.
ManuelRD
--
#Pump
😱😱 500M In 12 Minutes
The ICO of Pump.fun raised 500 million dollars in 12 minutes, selling 12.5 billion tokens $PUMP a at 0.004 dollars each.
This raised its FDV to 4 billion dollars, despite the platform's revenue falling by 92% since January.
Daily token launches decreased from 1,100 to just 69, while the token was rapidly distributed across multiple exchanges.
Key Factors:
The sale demonstrated Solana's technical capabilities, but creates a paradox: a high valuation despite declining revenue from the platform.
Reports indicating that 98.6% of the tokens could be fraudulent raise concerns about their legitimacy.
Regulatory risks loom, as meme coin launch platforms face increased scrutiny.
$PUMP
{alpha}(560xb7c0007ab75350c582d5eab1862b872b5cf53f0c)
😱😱 500M In 12 Minutes
The ICO of Pump.fun raised 500 million dollars in 12 minutes, selling 12.5 billion tokens $PUMP a at 0.004 dollars each.
This raised its FDV to 4 billion dollars, despite the platform's revenue falling by 92% since January.
Daily token launches decreased from 1,100 to just 69, while the token was rapidly distributed across multiple exchanges.
Key Factors:
The sale demonstrated Solana's technical capabilities, but creates a paradox: a high valuation despite declining revenue from the platform.
Reports indicating that 98.6% of the tokens could be fraudulent raise concerns about their legitimacy.
Regulatory risks loom, as meme coin launch platforms face increased scrutiny.
$PUMP
{alpha}(560xb7c0007ab75350c582d5eab1862b872b5cf53f0c)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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