[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.