$PUMP needs a genuine

CN
21 hours ago

$PUMP needs a genuine, retail PR pivot:

- Their users are rekt

- No airdrop.

- Extractive ICO

- Trading below ICO sale

- Continued to send $SOL to CEXs (to dump)

$BONK now DOMINATES by all metrics. Most notably:

- 85% market share in daily graduate tokens

- 82% dominance in volume

- Crucially, 5x the revenue at $1m

BONK has better image of community aligned launchpad:

- Supported Solana after FTX collapse

- Airdrop to Solana community

- 50%+ buy backs and burn for $BONK (vs. not-really-transparent $PUMP buy backs)

I'm writing this while holding a small bag of $PUMP, expecting a real pivot from the team.

But their lack of transparency is a huge concern.

- Is the team still greedy to deliver after they got generational wealth for themselves?

- Is the airdrop coming?

- Are they shipping new features?

- Will they automate and increase buy backs?

Overall, launchpads are a bull run phenomenon: they always come and go.

Yet $PUMP has strong mindshare and a notable brand name.

Unfortunately, that 'notable brand name' is negative for many due to extractive actions and lack of transparency.

Pump is now the underdog against $BONK.

But at the 50% the MC of $BONK, a hated, scam pump rally for $PUMP isn't improbable.


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