Something is strange, why did everyone curse when it was first rumored that Pump would be publicly offered with a 4b FDV. At that time, I thought it was possible to make money because pump was still the absolute leader of launchpads, with daily income stable at over 1m. Pump was also the biggest and possibly the only innovation in the cryptocurrency circle during this bull market, which would bring a certain emotional premium I even privately contacted Alon to invest 5m with a 4b FDV. At that time, I really thought this was an investment with a high probability of making money, and the lower limit was very high, so I wouldn't lose a lot. However, Alon ignored me. A few days ago, I was still lamenting that it was okay for Alon to ignore me. Otherwise, I'm afraid I would have already lost 2 meters by transferring this money But now it seems that Pump is really going to raise funds, and I don't quite understand why many people seem to want to make money now. Because the current situation has taken a sharp turn for the worse compared to back then, Bonk has emerged as a rising force and directly seized the vast majority of the pump market, becoming the new dragon of launchpads. However, Pump's daily revenue in these two days is only 500000 units, which is only half of Bonk's daily revenue in these two days Bonk may not always surpass pump, but the recent situation at least proves the unsustainability of pump. Just like the competition between Meituan and Ele.me, Meituan and JD.com, as long as they are willing to invest money, pumps currently do not seem to have any irreplaceability, and even the launch pad itself still has a big question mark on how long it can last