37.1K @alpha_co the pumpfun team have definitely seen all the commotion on the tl over the last couple days
and they’re still choosing to not address the airdrop situation
theres not a single valid excuse they could have to not address it
especially since they made the promise of an airdrop over a year ago…
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66.5K @Chilearmy123 Longed $PUMP here at $0.0014
Feels like a no-brainer with Ansem bringing back the memecoin activity
+ could be a nice beta play with SOL's recent tailwinds
Coin has been cursed for the last 12 months but hoping they can finally turn it around
What could go wrong? https://t.co/ItRLHodLxW
66.5K @Chilearmy123 Downside is lawsuits against the team continue and this coin continues to trend towards 0 like it has been for the last 12 months
Time will tell!
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92.6K @Flowslikeosmo There's a case to be made that $PUMP may be the real beta from memes on Solana continuing to send higher.
$ANSEM sent to $80M
$SOL has stabilized ~$72 while the number of new wallets on Pump continues to spike, indicating users are rotating back to the trenches.
Meanwhile, $PUMP is trading at rock bottom valuations:
- P/S: 1.76x
- P/F: 0.74 trading below annualized fees
- 30d revenue: $26.4M
- Buyback yield at current rev: ~29% annualized
- Supply burned: 36% ($370M)
One thing to note is graduation rate is at 0.26%, but if the rate recovers to just half its March peak, the buyback could create a reflexive bid front runing the revenue.
Additionally, most mature DEX token trades around 3.5x P/F.
- $HYPE 14.7x
- $UNI 3.5x
- $JUP 3.5x
- $CAKE 3.5x
- $RAY 3.1x
Outside of Hyperliquid, none of its peers trade below 3x.
Even if you applied a 50% cyclicality discount to account for memecoin dependency, so 1.5x P/F ~$1.14B mktcap.
It's 106% upside from here, picks and axes play.
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