Guess why @pumpdotfun issued the coin?
As we all know , @a1lon9 is a CS. Is the purpose of issuing coins to make everyone rich? Most likely, it is to absorb market liquidity in the end.
As we all know, the biggest cancer of this cycle, especially on @solana , is the @pumpdotfun team. All the money they made was sold into USDC and withdrawn.
If you say that @a1lon9 posted $pump to help everyone make money, I don’t believe it. So it’s to “make another fortune” in the end.
Why wasn’t it released in January?
The earliest rumor about issuing coins was in January, and it was a public offering in cooperation with CEX. Then $Trump came, and the market liquidity was directly drained.
Then @a1lon9 directly said that there was no plan to issue coins. Does that mean there was no plan? He originally wanted to drain liquidity, but found that it had been drained by the commander-in-chief, so he could only wait until the next time when liquidity was scarce.
Why post it at this time?
The main reason is that there are too many launch platforms on @solana , and they all come to attack it, especially @SolanaFndn who also hates pumpfun.
Look at @bonk_fun + @believeapp + @boopdotfun + @buidldao_ etc. Although @pumpdotfun is still the first in terms of launch volume, I am still a little worried about being surpassed.
In addition, the recent market conditions are pretty good, especially with @ethereum driving the altcoin market, which makes @a1lon9 feel that if he misses this wave of coin issuance, he will become the next @opensea .
Lessons from the past @opensea
Remember how high @opensea 's valuation was in 2020-2021? Now, is anyone still watching it? It was worth 1.4 billion in 24 years, but it's definitely gone now.
Maybe @a1lon9 has also thought of this, so he still has to quickly cut the coins after issuing them to give an explanation to all shareholders and himself. After all, if you miss it, you may never have another chance.
A big harvest, a completely fair launch
There are two current statements:
One is to raise 1 billion based on a 4 billion valuation and then circulate all of it;
One is to raise 1 billion based on an estimated 5 billion and then circulate all of it;
Currently, the cheapest investor around me is @ BiliSquare’s friend’s friend who invested 30M, and then there are the 200M and 800M mentioned by @hebi555 , and it seems that all of them are fully circulated.
It is likely that everyone will participate based on the last round of valuation release, and then TGE 100%, and everyone will buy in and wait for a doubling of their money?
Possible play styles?
I guess they will give token holders the right to share dividends in the end. After all, according to the current situation, @pumpdotfun can make 8 years of money after issuing the token, so he doesn't care about the annual income of 700m. It's just "willing to take the bait". Anyway, even if it is 10 billion, there will be people who buy it. After all, it is a "huge casino" in itself.
