[PUMP] Pumpfun Speculation

[tokeweed]

So did anybody from BCT invest in Pumpfun's ICO?  It's looking decent rn, up 25% above ICO price at the exchanges.  Not really sure how it does in the coming weeks but most people I've seen at CT seem to be a tad bearish on it.  And if CT isn't willing to get in now then who's going to prop up the price from here?

It would be interesting to see where it goes from here.  But yeah, would be willing to get in if it falls below 1b market cap or something.  But that's a long shot. 

[$crypto$]

The ICO price is $0.004, right? I'm a bit pessimistic about this kind of coin because I'm not sure it will go up quite well later, and now it has experienced a deep decline --- it could be that in a few weeks the price could be below the ICO price if it is true.
Did you buy during the ICO?

[tokeweed]

^  Yup it was at .004.  They raised 1b USD for a 4b USD FDV.  And no...  I didn't join the ICO.  My HYPE is just too valuable for me to let go.    But if it starts going down below 2b FDV then I'll start putting it in my watch list.  

And it looks like their devs started doing some discretionary buy backs.  The market isn't reacting too positively tho.  Lol.  It seems to me like an act out of desperation as the PA wasn't too good after TGE.

[Akbarkoe]

$PUMP caught my attention earlier, and I had already set aside funds to buy it during the ICO because I saw their substantial revenue from their memecoin project. However, I believe that Memcoin's recent decline in hype suggests they are likely preparing to exit by offering their tokens to the market as a last resort for profit.

However, considering the larger opportunity, it could happen. The $0.004 price is quite low, but it must be adjusted to the number of tokens and the tokens they will issue to the market. I hope everyone buying $PUMP is pessimistic, and I will take some of the pessimists and bargain them down even further.

[tokeweed]

^  And it's not just that...  It seems like as the market is getting better, the 'revenue meta' looks like it's slowly dying.  ETH and the likes of XRP and XLM are getting bought up hard but HYPE is underperforming and PUMP is actually going down after having a stellar ICO.

Is the market really going back to its roots?  Are we seeing the standard rotation game back in play?  Will we see the money go from BTC, to ETH, to majors, then to lower mc alts, to memecoins then NFTs?

[fikrett]

^  And it's not just that...  It seems like as the market is getting better, the 'revenue meta' looks like it's slowly dying.  ETH and the likes of XRP and XLM are getting bought up hard but HYPE is underperforming and PUMP is actually going down after having a stellar ICO.

Is the market really going back to its roots?  Are we seeing the standard rotation game back in play?  Will we see the money go from BTC, to ETH, to majors, then to lower mc alts, to memecoins then NFTs?

I hope the game to be like that: that would be a good and awaited rotation to see and play around with

[tokeweed]

PUMP is now below ICO price.  So if some of you guys were so annoyed that you weren't able to get in, don't fret...  And I'm def not going to tell you to get in now.  Lol.  I'm telling you that you avoided a bad ICO. 

So yeah, PUMP's launchpad metrics aren't really looking too good rn.  They're down to just 14% of all launchpad activity from dominating it just months prior.  Memecoin guys seem to have moved to BONK's launchpad.

Anyway, it's at 3.6b FDV...  Let's see if it hits 2b FDV.

[Balmain]

It's below the ICO price, but some people see this as an opportunity. It's too risky to stay below the ICO price and then invest. Those who trust the meme coin and the Pumpfun team can still choose it; it's perfectly normal to still have expectations. Altcoins haven't yet gained volume. Perhaps they'll rise above the ICO price when Bitcoin's dominance diminishes, but there's a lot of debate surrounding the Pumpfun token, so that needs to be considered.

[$crypto$]

It's below the ICO price, but some people see this as an opportunity. It's too risky to stay below the ICO price and then invest. Those who trust the meme coin and the Pumpfun team can still choose it; it's perfectly normal to still have expectations. Altcoins haven't yet gained volume. Perhaps they'll rise above the ICO price when Bitcoin's dominance diminishes, but there's a lot of debate surrounding the Pumpfun token, so that needs to be considered.

Don't take risks, don't jump to conclusions --- prices below the ICO could still continue to fall, and I'm not sure Pump.fun will rise unless some people are confident in the memecoin.
For me, this doesn't need to be considered, and I won't be buying any memecoins, but right now I'm only focusing on coins with good utility, especially ones like Hyperliquid.

[tokeweed]

So it looks like PUMP has finally found bottom...  Maybe.  And the thing is the devs have started doing some buy backs from revenue from Pump Swap and their launchpad.

Let's see how well they do from here.  It's trading below pre market price.  Maaaybe it's a bargain.  We'll see.  NFA and stay safe out there.

[Akbarkoe]

So it looks like PUMP has finally found bottom...  Maybe.  And the thing is the devs have started doing some buy backs from revenue from Pump Swap and their launchpad.

Let's see how well they do from here.  It's trading below pre market price.  Maaaybe it's a bargain.  We'll see.  NFA and stay safe out there.

This certainly seems like a very sweet bottom price to try. If only Alon could provide a more supportive explanation of their airdrop, the community might be much stronger. But Alon didn't provide any explanation regarding the $Pump Airdrop, instead saying it might not even exist, which will disappoint some of the community.

And they're implementing this slow buyback strategy. Seeing that holders have started to sell $PUMP, and its capitalization has decreased significantly, this is certainly a pretty good opportunity. After all, Pump.Fun is a very profitable platform, and they certainly have the capital to do so.

[tokeweed]

^  PUMP has broken out of .003 USD and has not been selling down last week when almost everything was getting sold down.  That's a good sign that the sellers could be gone and that it's time to dip buy and get your bag filled.

I think everybody is fading the team to their own detriment.  And don't forget, they got that 1 billion war chest to deploy...  Unless they're going to do an EOS and slowly leave with the money. 

[Odusko]

Pump made all the  noise but to some reason, I never was moved to invest in them despite getting the notification during the ICO period when the price was relatively low, compared to what it is right now, although the coin have shown a significant increase in the value and for sure a 25% growth is good enough, and let hope it keep the benchmark to avoid a possible crash, and I advice that for early investors, 25% is somewhat a good profits to consider at the moment considering the risks that comes with altcoins market when their get exposure in multiple exchanges.

[My User ID is 553628]

Used the site too much way before their token exist. Didn't join their ICO, didn't buy their token though. Pretty surprised people still play with that. Thought it was long gone hype wise.

[tokeweed]

So PUMP announced, I think at the end of last week that they're going to use 100% of protocol revenue, from both the launchpad and Pump Swap, to buy back PUMP from the market just like what Hyperliquid is doing with HYPE.

And as said from my prior post itt, PUMP has broken out of 0.003 USD and it looks like we might not see it go back down below it for the time being...  I'd say that's pretty good if you didn't fade...

Now I guess what many guys are asking is if it's still good to buy.  NFA but I'd say yes.

[senyor123]

In fact, everyone is trading knowing this, I also use alternative platforms at https://pump.fun, and I have made good profits, especially from the first projects listed on the website https://tokenmarketcap.org

[tokeweed]

So I'm hearing things that Pump is back to their scammy ways once again.  It looks like some people are saying that after releasing their revenue and fees dashboard, the Pump lead dev started shilling some memecoins and was making it look like an official endorsement or something?  Lol. 

That's not good imho.  Especially with how bad their rep is right now with the community.  I mean they're token is below ICO price because no one wants anything to do with it.  Rofl.

[tokeweed]

Looks like PUMP made me look dumb here.  Lolol.  If any of you guys aped in at almost 50% below the ICO price, I gotta hand it to you.  It's def a good buy.  Congrats...

I started aping in at .0038 to 0.0042.  I mainly top blasted out of fomo and I was kicking myself for taking it out of my watchlist. 

And oh...  One of the real reasons why I'm buying it is not just for the possible gains.  It's to get a chance to get eligibility in Unit's airdrop.  I'm telling you guys, if you missed Hyperliquid airdrop don't miss Unit.

[Akbarkoe]

Looks like PUMP made me look dumb here.  Lolol.  If any of you guys aped in at almost 50% below the ICO price, I gotta hand it to you.  It's def a good buy.  Congrats...

I started aping in at .0038 to 0.0042.  I mainly top blasted out of fomo and I was kicking myself for taking it out of my watchlist. 

And oh...  One of the real reasons why I'm buying it is not just for the possible gains.  It's to get a chance to get eligibility in Unit's airdrop.  I'm telling you guys, if you missed Hyperliquid airdrop don't miss Unit.

My Pump Coins are still in the accumulation phase, and the potential seems quite interesting, as the team reportedly buys back every Pump Coin circulating in the market. Although not as large as the Hyperliquid team's buyback of their coins, if done consistently, it could be very beneficial for the future, at worst, until the end of this cycle.

I don't know about the airdrop, but perhaps I should move my Pump Coins to my Phantom wallet and start interacting with the project you mentioned. At least there's a chance of additional profits.

[tokeweed]

Not really sure what's happening with PUMP.  Looks so strong atm...  I'm selling some left over HYPE that I didn't stake to top blast PUMP in Hyperliquid spot market.  Lolol. 

I guess that's gonna help get eligibility into Unit's airdrop too.   

But yeah, tokens you could trade to farm Unit in HL spot are BTC, ETH, SOL, PUMP, FARTCOIN, SPX, BONK and soon ENA.