so pump.fun has bought back 6.11% of the circulating $PUMP supply in less than 2 months post-TGE, including $2.52m yesterday for a total of $84m
the market cap is only $1.88b, and pump has more than $2b in cash to invest in creator growth that powers the token flywheel
pump.
$PUMP and $HYPE are crypto's biggest revenue generators, each using ~100% of revenue to buy back their tokens
at current market caps (using trailing 30d numbers) pump is buying back nearly 3% of its unlocked supply each month, while hyperliquid is buying back ~0.7%
annualized -
βPUMP is consensus therefore I must sellβ will soon itself become consensus
It is however a MASSIVE psyop
Nothing about the fundamentals of the trade have changed and SOL is as bullish as ever
The tokens you sell today will simply be bought back at a lower cost average for
the pump fun mobile app is ACCELERATING!
Daily Active Users hit new all time highs, up over 110% since last month π₯
there are TONS of new features coming to the pump fun mobile app π
MASSIVE growth taking place on all fronts
the launchpad has entered a new era focusing on creating success cases by incentivizing high-quality creators
our mobile app will not only serve our existing users better, but it will help onboard the next 10m users
MUCH more to come.
onboard streamers with lucrative rewards > onboard their viewers > viewers buy their coins > viewers buy our coins > pumpfolio moons > we all retire early
.@bradleymartyn we deeply apologize for one of our streamers provoking you.
whilst he did make $30,000 from this stream, its his first day streaming on pump fun, so please forgive his ignorance.
we do not condone anyone who wants to make $30,000 in their FIRST day on pump fun
JUST IN: $PUMP (pump.fun) streamer reportedly made over $30,000 in creator feeβs in one stream after getting slapped in the face by fitness influencer Bradley Martyn
$PUMP generating 2x more in fees than $HYPE in the last 24hrs.
I firmly believe $PUMP will go to $10B (5x from here) marketcap soon. This coin is severely undervalued.