imagine alon starts buy backs on cults instead of $pump for 30 days
thoughts? @a1lon9
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The downfall of crypto started when pumpfun decided not to give out an airdrop after siphoning hundreds of millions of dollars from the trenches
But instead performed heavy buybacks on a token they made themselves and it still crashed 99% anyways.
$PUMP havent charted this one much in a while but I'm pretty conflicted. on 1 hand, its a protocol that generates fees (better than 99% of projects in crypto) and it works as a decent index for memes/onchain risk on environments. On the other, it's something that's hated by many, it has a ton of unlocks coming that will send it to $0 eventually, and it probably still underperforms some of the other 'legit' projects like hype/lit or even individual memes like fartcoin.
Idk...maybe if you're only looking for fundamentals then this is something that can be bought, but I don't know if I see it really outperforming. And when unlocks come, run for the hills (unless you think the team does 1 big pump before unlocks, which is a tried and true method that works)
