PUMPfun token PUMP presale, your view..

[Phoenixtrader]

Every meme trader knows pumpfun yeah? The launchpad that changed the way memecoins were launched and I believe the fastest growing company to hit 500m in revenue, well I was scrolling through X and I noticed they've announced their pre sale for their token scheduled for 12th..




https://x.com/pumpdotfun/status/1942947267436056740?t=etNcHfExdV4uiSaY6Qr4nA&s=19

I'm having mixed feelings about this especially their Team allocation and total supply.. what do you think of this token? Could it be the SOL of memecoins?.

[LazerPanther]

It reminds me of the Bitdao - Mantle sale, but anyway, they are probably the center of hype when they succeeded with the meme on the SOL ecosystem. For me, anything that is a trend will be able to receive a shortterm flash and then fade away over time, so it won't be too surprising if after the IEO sale it will attract new people and create a bubble scenario again. Anyway, the story of skill training in this environment will always be reminded but it needs to be experienced in reality for new people to absorb it.

[DeathAngel]

I think it could be one of the biggest rug pulls we’ve seen. Don’t take my advice & DYOR but I have a feeling it’s going to get dumped on launch. There will be lots of gullible buyers of this token & they’re going to end up getting dumped on by developers & insiders.

[asriloni]

I tell you the fact if the only stupid people who buy this. You buy a meme token with 4 billion FDV as the start. If it was below 500 million, that makes sense. However, the bigger FDV, the harder to get profit from your investment. The pre-market is also trading pump token for 0.005 each, which mean only 25% profit from your investment, but don't forget the potential to dump is there. Stay away!

[Pandorak]

Honestly, this will be an attractive offer, especially for those who frequently trade meme coins, but i personally won’t take it seriously, as we all know it carries high risks, despite the hype. While the hype itself has been built up within the community, i think many people will be disappointed due to overly high expectations. However, i’ve heard that for meme coin traders who frequently use pump.fun, there’s a high likelihood of receiving an airdrop allocation, which would be beneficial for them.

[Mrbluntzy]

I'm having mixed feelings about this especially their Team allocation and total supply.. what do you think of this token? Could it be the SOL of memecoins?.

Let's leave its performance to be determined by the hand of time but for the main time, anybody that is interested in the project should only invest the amount they can afford to lose. What many projects has done in the past has thought a lot of us a hard lesson that can be difficult to forget. Many projects sold their coins to investors at a very high amount and they listed the coin in the public market at a very low price, with such behavior, what is the essence of buying during presale? That's why you need to invest with the amount that won't crash your future if the investment doesn't go good.

[nelson4lov]

Anyone who is interested to buy this at the $4B FDV, what is your expected ROI?

My thesis for not participating is quite simple because I do think that if we're going to buy it at $4B, $8B will only me 100% or 2x increase which isn't much. Also, I don't think it would do extremely well like hyperLiquid because the pumpfun team has been massively extremely and this portion meant for presale is better pff handed to their users as airdrop.

[Phoenixtrader]

Honestly, this will be an attractive offer, especially for those who frequently trade meme coins, but i personally won’t take it seriously, as we all know it carries high risks, despite the hype. While the hype itself has been built up within the community, i think many people will be disappointed due to overly high expectations. However, i’ve heard that for meme coin traders who frequently use pump.fun, there’s a high likelihood of receiving an airdrop allocation, which would be beneficial for them.

Seems you're the only one positive here ahah.. yeah let's see if fherll be airdrop.. I'll commit a little on this BET PUMP PRESALE my target will be 2x and im out.. hoepfully I don't get rugs ahaha..

Anyone who is interested to buy this at the $4B FDV, what is your expected ROI?

My thesis for not participating is quite simple because I do think that if we're going to buy it at $4B, $8B will only me 100% or 2x increase which isn't much. Also, I don't think it would do extremely well like hyperLiquid because the pumpfun team has been massively extremely and this portion meant for presale is better pff handed to their users as airdrop.

So a 3-4x isn't likely in your opinion?.

[Dave1]

I'm having mixed feelings about this especially their Team allocation and total supply.. what do you think of this token? Could it be the SOL of memecoins?.

Let's leave its performance to be determined by the hand of time but for the main time, anybody that is interested in the project should only invest the amount they can afford to lose. What many projects has done in the past has thought a lot of us a hard lesson that can be difficult to forget. Many projects sold their coins to investors at a very high amount and they listed the coin in the public market at a very low price, with such behavior, what is the essence of buying during presale? That's why you need to invest with the amount that won't crash your future if the investment doesn't go good.

Yes, just invest what you can afford to lose. I haven't heard about this meme coin but if it is true that it's pumping, then good for those who have bought during pre-sale. Perhaps those who are into this game from the beginning, they can smell from afar which meme coins are  going to take off and then sale and making that huge profits.

And then go on the next hype, nothing wrong's with it, except that it's not for everyone. So only time can tell if it will be the next crazy hype. As for me, I wouldn't go and buy it. I don't know, but maybe I'm late and afraid that once you buy, the price might do down hard and then the only way to get out is to exit at a lost.

[TastyChillySauce00]

They are doing presale at 4B FDV which is pretty crazy to me, even doing 2x already need 4B FDV growth, I hardly see that happening unless there's ultra hype going on.

Moreover their revenue means nothing since there's no buyback, nothing, if you think it's gonna be hyperliquid kind of success, I think that won't happen but we'll see.
The stark difference is that team getting all the revenue while hyperliquid is buying back their tokens, add it into vault, etc.

[nelson4lov]

~Snipped

So a 3-4x isn't likely in your opinion?.

This is crypto and anything is possible. . I mean, I literally just watched Bitcoin goto $118K and ETH at $3k once again which seemed like a wild dream back in March when it was dwelling at 1.3k lows. Pumpfun can do 3-4x but it's definitely going to depend on how they take it. If the market thinks it's an HyperLiquid type of project or of similar quality, then it would be valued highly.

But imo, if they really cared that much, they should have made the tokens available for purchase at a much lower FDV. The last time a token was sold at this much FDV was the EOS ICO and we all know how that went.

[gunhell16]

In the short term, I'll probably just wait for its price to drop once it's listed on the spot and wait for its price to drop as well, you know from its name pumpfun that pumping is usually
temporary and what always happens is a price drop.

In short, more on rug pull is happening on the pumpfun platform, so it's likely that the price of this Pump will also rug pull on any exchanges where it's listed.
This is just my opinion.

[shinratensei_]

Presale at 4 billion dollar valuation at full dilution just doesn't sit right with me, are people really buying this?
I mean, I can understand the hype behind pumpfun but this just doesn't make sense, added with the fact that most of the new projects aren't getting anywhere near that valuation despite building full blockchain infrastructure.

Now we're just talking about a smart contract protocol which I reckon just for bonding meme coin, basically just another dapps. I'd be surprised if the presale went sold out.

[tygeade]

Anyone who is interested to buy this at the $4B FDV, what is your expected ROI?

My thesis for not participating is quite simple because I do think that if we're going to buy it at $4B, $8B will only me 100% or 2x increase which isn't much. Also, I don't think it would do extremely well like hyperLiquid because the pumpfun team has been massively extremely and this portion meant for presale is better pff handed to their users as airdrop.

The same with what other users have said above. Maybe we are only lucky if we still can get times two of our investment. Having a knowledge when it comes to these things when investing is very important and this can be the reason on why some can only say that they got scam without also knowing what they are lacking of.

I think the statistics of Pumpfun token are like that because this project is related to meme coins and we know meme coins right? Their numbers are always high. I have heard of that Hyperliquid before and I think it wasn't a meme coin and then the project seems serious too, therefore yeah that Pumpfun got nothing against it. As for the airdrop, they say that those who engage in Pumpfun will still get some free tokens.

[nelson4lov]

~Snipped

~Snipped

I think the statistics of Pumpfun token are like that because this project is related to meme coins and we know meme coins right? Their numbers are always high. I have heard of that Hyperliquid before and I think it wasn't a meme coin and then the project seems serious too, therefore yeah that Pumpfun got nothing against it. As for the airdrop, they say that those who engage in Pumpfun will still get some free tokens.

Yeah, airdrop for retroactive pumpfun users is fair; I just don't think it's enough. I mean, why not just dedicate the presale portion of the token supply to users that have used their platd6in some way? Let me tell a short story about HyperLiquid and Pumpfun.

HyperLiquid —

• didn't raise anything from investors (0% investments).
  
• 30-60% allocated to community via initial community airdrop and future community distribution
• No token sale/presale/public sale. Those tokens were dedicated to community.
  
• Almost all revenue is distributed to HLP users and the remainder is used for a fund called assistance fund (AF) that buys and holds HYPE token everyday.
  

Pumpfun

• Only recently started sharing a bit of their revenue as creator rewards. Previously, they have extracted over $725m in revenue from the creation of over 11 million tokens. What's worse is the fact that they're constantly dumping solana tokens (from revenue) in the open market
• Still doing a presale and took investments from private investors

Pumpfun is not a bad product when you look at it from a business POV. Over $750m in revenue in 12 months is a very strong metric. My only problem is starting FDV is quite high. Get users in at $500m, $1B to $1.5B and then it goes like $10B post TGE and users will thank you for it.

[Phoenixtrader]

~Snipped

~Snipped

I think the statistics of Pumpfun token are like that because this project is related to meme coins and we know meme coins right? Their numbers are always high. I have heard of that Hyperliquid before and I think it wasn't a meme coin and then the project seems serious too, therefore yeah that Pumpfun got nothing against it. As for the airdrop, they say that those who engage in Pumpfun will still get some free tokens.

Yeah, airdrop for retroactive pumpfun users is fair; I just don't think it's enough. I mean, why not just dedicate the presale portion of the token supply to users that have used their platd6in some way? Let me tell a short story about HyperLiquid and Pumpfun.

HyperLiquid —

• didn't raise anything from investors (0% investments).
  
• 30-60% allocated to community via initial community airdrop and future community distribution
• No token sale/presale/public sale. Those tokens were dedicated to community.
  
• Almost all revenue is distributed to HLP users and the remainder is used for a fund called assistance fund (AF) that buys and holds HYPE token everyday.
  

Pumpfun

• Only recently started sharing a bit of their revenue as creator rewards. Previously, they have extracted over $725m in revenue from the creation of over 11 million tokens. What's worse is the fact that they're constantly dumping solana tokens (from revenue) in the open market
• Still doing a presale and took investments from private investors

Pumpfun is not a bad product when you look at it from a business POV. Over $750m in revenue in 12 months is a very strong metric. My only problem is starting FDV is quite high. Get users in at $500m, $1B to $1.5B and then it goes like $10B post TGE and users will thank you for it.

I agree and that's why price dipped upon tge. I've set orders on some lows, hopefully it picks up along the downtrend .
but the volume is very encouraging ngl

[luckyspirit]

This is a sign that the disease in crypto is still strong, and it is not going anywhere. PUMPfun is like a cancer on crypto, it helps nobody but the intermediaries and token scammers.

[hillerfiller]

A good token to short it

[gunhell16]

This is a sign that the disease in crypto is still strong, and it is not going anywhere. PUMPfun is like a cancer on crypto, it helps nobody but the intermediaries and token scammers.

So far it seems like he's in a period of pump before he actually has a massive dump, and that's what I'm waiting for to happen, so for now I'll just observe what happens when his ATH happens.

He's not that special for me to pay attention to, maybe for others they are focusing on this because they think he'll pump first before dumping something like that.

[nelson4lov]

~Snipped

I agree and that's why price dipped upon tge. I've set orders on some lows, hopefully it picks up along the downtrend .
but the volume is very encouraging ngl

Brother, did you short it? Or you just spot-bought some $PUMP tokens? If yes, I'd like to know some of your conviction for buying it aside from the pumpfun team token buybacks.

I had a small short that I closed for -20% loss because I thought the pump will continue but I was wrong. My entry was 0.0061+ and fumbled it.

$2B to $3B max is befitting for this project. Not more. But the whales and VCs will overprice it higher so noobs can bid at the top.