After PUMPFUN announced tokenized stocks — the same model PONS and STONK launched first — PUMP dropped 30% while STONK pumped 100%…
After PUMPFUN announced tokenized stocks — the same model PONS and STONK launched first — PUMP dropped 30% while STONK pumped 100%… —— Interesting that PUMPFUN pioneered memecoin launches, but the way they run the business looks more like Cabal than an industry leader… A few examples: They run an ICO, become one of the most successful projects in crypto, launch a buyback — and PUMP still dumps 80%, while HYPE rips hundreds of percent with the same kind of buyback. AXIOM (launches a successful terminal) → PUMP buys PADRE and rebrands it as Terminal; Raydium (successful DEX) → PUMP launche…
The excerpt is quoted from a public Telegram channel, which owns its text.