Re: PUMPfun token PUMP presale, your view..

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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