Trader Eugene: The Meme coin market may not decline due to Pump.fun TGE, and may even be a buying opportunity

Trader Eugene stated that the phenomenon of a decline in the Memes market due to the launch of TGE on the Pump.fun platform seems illogical. He believes that investors are not buying tokens like "fartcoin" to gain overall exposure to the Memes market, but rather because of their high volatility and unique naming. Eugene further pointed out that he cannot understand why a startup platform with revenue generating capabilities would trigger drastic fluctuations in marginal capital flows for tokens like "fartcoin". He believes that this may actually be a buying opportunity in the Memes market.