Today's Plasma deposit raise of $500M shows the bull case for the Pump Fun token sale
And how it won't be a liquidity extraction and instead infusion
$450M of the $500M of the Plasma deposits came from 84 wallets - total whale's game
Not a stretch to assume Pump Fun token sale goes same way
Couple that with a potential 10% airdrop, and you can quickly get to stimmy over extraction
Of course we won't know until we get the official details