That day, I was chatting with a friend from traditional finance about the crazy pump after tokens get delisted. Thinking about it carefully, I really don’t know why they pump, and I can’t explain why something skyrockets after getting st. From ALPACA to the recent HIFI bake, the multiples have been insanely exaggerated. My brain can’t quite process it. Can someone who understands this explain it to me systematically? Spot gets delisted and pumps, contracts get delisted and still pump!