0xTodd🟥🟨🟦
0xTodd🟥🟨🟦|Jun 04, 2025 08:34
I don't like pump fun+1 Although I am also one of the pump users and have bought many CA with pump endings, I still find it difficult to develop a good impression of it. I don't know why, but PumpFun's financing always reminds me of OpenSea's financing at that time, and I vaguely feel that it is similar. In 2021, when chatting with some home offices, everyone was eager to try OpenSea with a valuation of 5 billion yuan. I can understand the feelings of home office workers - there is too much money, and they have no interest in participating in small cases. As a friend, at that time, I could only maintain an attitude of persuading one person at a time and try my best to save them. Later, OpenSea officially announced that it had raised $300 million at a valuation of $13.3 billion, but now the so-called IPO is far away I can see that OpenSea has buried all these people, and the NFT industry is still half dead. Pump is most likely preparing to target first tier investors for funding. Pump's own users usually find even 40K projects expensive, so it is impossible for Pump to spend money from those people's pockets. Over the past year, Pump has taken out the pockets of Degen on the chain, BN CB exchange, and Solana Foundation. Looking around the entire venue, only first tier institutions and traditional institutions have not been taken out. Alright now, it's time to empty your pockets.
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