The big medicine has arrived 💊 @pumpdotfun is valued at 4 billion, can it make money? 👀
Earlier this morning, @pumpdotfun released information about the token public sale on #Gate, but then quickly deleted the interface. The community is speculating that it was a mistake regarding the webpage launch time 🤔
However, we can still see some revealed information based on that page 👇
🟢 Token price: 0.004U
🟢 Total supply: 1T (one trillion)
🟢 Token public sale amount: 150B (15% of total supply)
🟢 Valuation: 4B
🕛 The $PUMP token sale will start on July 12 and last for 72 hours.
Since its launch in early 2024, @pumpdotfun has accumulated approximately 700 million dollars in revenue, making it one of the most successful projects in the crypto space. How many people will buy into a valuation of 40B? 😎
Similar FDV project comparisons:
♦️ @aave $AAVE: 4.4B
♦️ @pepe $PEPE: 4.1B
♦️ @ethena_labs $ENA: 3.7B
♦️ @arbitrum $ARB: 3.2B
What does everyone think about the $Pump 4B valuation? Is it expensive or cheap? Let's see what other KOLs have to say 👇
The platform going live may not be just #Gate; it is estimated that @pumpdotfun's public offering may be available on multiple platforms 🤓
Gate announced in the middle of the night that @pumpdotfun the public offering would be valued at 4 billion yuan and 600 million yuan (shared by all public offering platforms), and then quickly deleted the public offering page, most likely because it was scolded for not coordinating with the PR of the project party.
It is estimated that Pump's public offering may be open on multiple platforms, with some quota for each family, so as to best squeeze out the liquidity of each place, which is also in line with the greedy character of their team.
There is a high probability that Binance will also be on the transaction, at least to the contract.
Although I have always disliked them, it can't affect the objective investment judgment logic, do you think 4 billion is expensive?
This big phlebotomy is coming, will you participate?
@leechan1688 believes that the possible scenario for the price trend of $Pump is: a high opening followed by a decline, which will also affect the drop of $BONK and its ecosystem token @bonk_fun.
Pump token price trend rehearsal, sorting possible scenarios from high to low:
1. $pump public sale sells out instantly, opening with a high of around 50%, then declines, dragging $bonk down together, as both are overvalued; a collective drop will lead to value correction;
2. $pump public sale sells out instantly, opening slightly high and then dropping all the way, pump cashing out airdrops, bonk seizing dominance, but the overall token supply sharply decreases, liquidity dries up, bonk retraces waiting for on-chain recovery;
3. $pump public sale sells out instantly, opening below issue price, liquidity dries up, collective collapse.
Current operational plan: likely to participate in the public sale, after opening wait for the hype to pass and attempt to short, temporarily avoiding the bonk series until it bleeds out, then observe market share after the retracement.
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