Pumpfun's 4 billion yuan big blood sucking is about to squeeze out the last drop of blood in the market?Pumpfun， This platform, which claims to be the "Solana meme engine", is shameless. It issued coins for financing at the worst liquidity, with a valuation of up to 4 billion yuan. This is not innovation or empowerment, but a blatant liquidity plunder and a crazy blood sucking on the Solana ecosystem! Using SOL as an ATM and letting individual investors act as buyers? Pumpfun is the biggest parasite in the cryptocurrency industry. Since its launch in January 2024, Pumpfun has never stopped selling coins. According to on chain monitoring, it has sold 503343 SOL worth approximately $787 million, with an average selling price of around $156. Pumpfun's financing plan has exposed its eagerness to cash out. As of January 2025, it has launched over 6 million memes, but less than 0.005% of them have a market value greater than $1 million. 98.7% of the tokens have no place to die, and every day they are either cutting people or preparing to cut people. The Pump casino is simply a beast. What's even more outrageous is that the total market value of all meme coins on Pump is only $500 million more than the amount they raised this time. Ironically, the platform's daily revenue has plummeted from its peak of $15 million to several million dollars, user activity has halved, and the daily number of newly issued tokens has plummeted from 70000 to 30000, draining liquidity, http://Pump.fun All that remains for the market is a pile of chicken feathers. Earning 738 million yuan in transaction fees but not giving back a penny to the ecosystem, and now cutting 1 billion yuan from retail investors, is extremely absurd; Knowing that the market is fragile and still issuing coins is like adding insult to injury. The issuance of Pumpfun is a double betrayal of the Solana ecosystem and individual investors. It disguises itself as a "meme economy" and engages in blood sucking and plundering activities; Building an unethical casino in the name of an "innovation platform"; The foam valued at 4 billion drained the market liquidity.