I've been watching the PUMP token launch, and it’s certainly raising some questions for me. Just minutes after it went live, key market makers like DWF Labs and Wintermute received billions of tokens, collectively worth over $72 million. While the token’s price jumped over 50% from its public sale price, seeing such a massive allocation go to institutional players right from the start makes me question the project's true decentralization.
With a fully diluted valuation hitting over $6 billion on day one, it feels like the game might already be weighted in favor of insiders. It’s a classic crypto playbook, and it definitely makes you think about who really benefits from these high-profile launches. I'll be watching closely to see how this plays out for the average investor.
#Write2Earn #BinanceTurns8 #AltcoinSeasonLoading #BinanceHODLerERA
