PUMP will make 500% in 3 days? Based on recent activity, users control much smaller PUMP supply than expected. While the total supply sits at 1 trillion, only a small fraction seems to have made it into public hands. Exchange Allocations: - On Kraken, it looks like just two wallets secured the entire allocation. - Gate saw a similar pattern, with roughly 15 wallets collecting all available tokens. - KuCoin reportedly allowed around 120 participants, with a maximum of one million tokens each. - Bybit was nearly impossible to access for most buyers, and many people were rejected after half a second. PumpFun (PF) Access Issues: A number of users ran into trouble on pumpfun due to repeated KYC checks. Even after completing verification, some were asked to do it again. That second layer of delays likely prevented many from participating, while others, potentially using automated methods, were able to purchase without issue. Estimated Circulation: The combined allocations from Kraken, Gate, KuCoin, PumpFun and other CEXes is around 125-150 million tokens. We are also waiting for AirDrop details, which are unknown now. Adding here other positions from tokenomics, it seems like in reality common users control pretty small amount of supply. Around 70-90% of tokens can be in the hands of the team. Why It Matters: When a small group holds the majority of the supply, price action becomes much easier to manipulate. If most participants are locked out or holding only small amounts, even the smallest moves can trigger massive price spikes. This setup, imo, is highly controlled. I am expecting much higher price than now. DYOR. NFA.