1. What is PUMP?

PUMP.FUN can be understood as an experiment in 'issuing coins + traffic'.

Anyone can issue coins with one click, the threshold is extremely low; combined with live streaming + tipping gameplay 🎥💰, streamers don’t need to issue coins themselves but can rely on traffic to build their platform.

This model quickly attracted a large number of streamers, influencers, and speculative funds pouring in, maximizing the profit effect.

2. The $PUMP token itself

It is the leader of the entire ecosystem. Recently, PUMP has sparked a lot of 'live streaming coins':

  • 🎭 Bagwork: Two 19-year-old guys pranked in a live stream, earning $170,000 in 5 days, with a highest market value of 53M.

  • 🎤 Streamer: Reward the big streamer for a shoutout, with a maximum reach of 39M.

  • 🤝 KindAfter ansem's retweet, the market cap reached 35M and also did charity.

These cases illustrate that the combination of live streaming and tokens has indeed invigorated the traffic.

3. How to interpret the data?

On-chain 24-hour trading situation


(This is just one of the pools📌)
📊 26k+ transactions in the last 24 hours
🟢 Buy $21.1M vs 🔴 Sell $19.6M
💧 Liquidity pool 4.8M
📈 Market cap 2.94B, FDV has already soared to 8B+

This indicates a large market, active trading, but the liquidity pool is not very deep, large holders can sway the price at any time.

4. How should ordinary players play?

  • Spot traders: buy $PUMP directly, follow the ecosystem growth.

  • Short-term traders: keep a close eye on newly launched live coins, quick hands can catch the volatility ⚡.

  • On-chain traders: scan the chain and watch the actions of large holders.

  • Onlookers: watch the excitement first, wait for the play to mature before getting in.

5. Risk warning ⚠️

Don't just look at popularity without watching the market:

4-hour level

  • 4-hour MACD has already crossed down 📉

  • 30-minute level multiple divergences, the trend is weak, the last surge looks more like "a strong bow at the end"

    30-minute level

  • Low liquidity, large holders may directly smash the pool when unloading

6. My suggestions 🙌

Newcomers should just experience with a small position, do not go All in.

Take profits when you have them, cash in for safety.

If you really want to play big, you can pay attention to the coins linked with streamers, but remember the risks are greater.

Entertainment first, safety first.

🚨 The above is not investment advice, for reference only.

#pump #solana #crypto #大漠茶馆 #memecoin