What changes did Pump.fun make

photo by hoeem

Original: AididiaoJP, Foresight News

This article was first published on 12 September

Pump is the most successful encrypted casino in history and has an endless collection of loyal users。

It's a casino from which you can profit because it has buyback mechanisms。

THE INFLOW OF EVERY GAMBLER, EVERY ANCHOR, EVERY SPECULATOR WOULD INCUR COSTS. THESE COSTS DO NOT DISAPPEAR IN THE BLACK HOLES OF SOME VENTURE CAPITAL, WHICH ARE RECYCLED DIRECTLY FOR PUMP REPURCHASE。

You're not gambling with the dealer. You're the dealer。

Upbit and Binance just went online, and there were some sales, and if you're careful, here are some K-line maps that can be consulted:

Income doesn't lie

Over the past week:

• Pump Income = $14 million
• Hype Income = $16 million

Weekly income is similar, however Hype 's valuation is 10 times that of Pump。

This mispricing will not continue。

Early stage of streaming media

Twitch is a $50 billion company, but it barely pays its anchor. Pump will give attention to the monetization and pay more incentives, and is expected to reach the same level of income, even though it has just begun its journey in the field of live broadcasting。

Central currency transactions of $1 million = $10 million + payments。

• Annualized income: Pump ≈ $750 million and Twitch ≈ $1.7 billion。
• Market value valuation: Twitch = $50 billion, Pump = ~ $2 billion。

Even a general degree of acceptance would bring Pump's income down by a billion dollars, and the gap is absurd。

Since the emergence of this new method of making money for creators through tokens and live broadcasts, we have seen a surge in income。

This is taking place in the context of Solana DEX's low trade volume, and we still see the pump.fun generate very high income。

The theme of gambling

Fourth quarter risk preference? Encrypted gamblers don't fly to Vegas, they gamble on Pump's tokens。

Each bet on a new graduation token means more。

More costs equal more purchases。

More buybacks are equivalent to tighter supplies。

That's the cycle。

Repurchase engines

Pump has repurchased approximately $8.5.37 million in tokens, which is 6.1 per cent of the supply in circulation。

Repurchases were in the amount of $1.0-2.5 million per day。

The monthly peak runs at between $150 million and $150 million。

This is a substantial market impact for a $2 billion market value token。

The core pool had liquidity of only $20-30 million, and the impact of buybacks was as strong as trucks。

The creators split into moats

Modular coins usually disappear after the fire, and creators split up to solve the problem。

The creators now earn 10 times as much as their tokens grow。

Only 24 hours after its launch, $2 million was paid to the creator +。

We can agree or disagree with the ethics of this, and I don't care, it fits my Pump thesis: more costs, more revenues, more buybacks。

Chain reaction:

• Pumpswap traded more than Raydium + Meteora, with a daily turnover of $878 million。
• MEXC now goes on Monday with a Pump ecosystem token。
• Developers stayed because their income increased with the size of the project。

That's how we build the moat。

emotions + mind share change

The charts don't lie。

Mental share: after the collapse in early July, Pump touched the bottom but continued to climb. The mind share has rebounded from about 3 per cent to over 6 per cent and is still rising, and attention to the market share is compounding。

MARKET SENTIMENT: EVEN AFTER THE COLLAPSE OF PRICES AND THE BEGINNING OF AN UPWARD TREND AFTER THE FIRST ISSUANCE OF THE ICO, THERE ARE STILL A LARGE NUMBER OF SKEPTICS。

People had surrendered, but since then the project had been reassessed as income and buy-backs began。

When the shares of minds rise, emotions change and basics improve, that is the signal of changing trends。

Ecosystem expansion

Pump is not static, it's increasing its functionality:

• Ninety-eight per cent of the income cycle is used for repurchases。
• @bubblemaps to find the token more clearly。
• Users are retained by Loyalty airdrops。
• Redefining Memes as a viral transmission application。

Each layer strengthens the wheel effect。

General:

Pump, when it first came out, it was confusing, prices were falling, everyone lost interest in it

And now

• Income is growing in combination。
• Repurchase weekly。
• Brain share and market sentiment are rising。
• Live gambling is at an early stage。

Pump is not just any casino。

It's the most successful encrypted casino available。

It's a casino you can buy back in tokens。