Nah, Pump Fun definitely wants to give crypto the kiss of death

Pump Fun is some kind of misunderstanding, to be honest

In fact, the largest value extraction in the history of crypto

In addition to the fact that 95%+ of all platform participants are down, and only a small % of all traders earned at least $10k, most of whom are insiders

So they also took $617,482,741 from the market at the moment. In less than a year

This is despite the fact that they do not need, like a conventional hyperliquid, to have a good MM, or a reserve funds

This is just competent marketing

Any other platform can perform the same functionality

More than $500M in net profit, in less than a year, from nothing. And this is money that was taken from the hard workers (you and me)

A very small % of people at the distance on memes are in profit, 9 out of 10 stories are very deplorable. Selling is done on the salt mine. Value extraction from the network.

Well, the goal has changed, agree, not for the better

Previously, there were technologies, interesting projects, the belief that this would change the world

And now attention trading is a joke)

You can find the whole stats here:

https://t.co/obQpIcloFM

And now they are doing a sale, 4 BILLIONS of valuation

And they are collecting A BILLION OF $

WAKE ME UP, PLEASE