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Bonk Eco continues to show strength amid $USELESS rally
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Pump.fun to raise $1B token sale, traders speculating on airdrop
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Boop.Fun leading the way with a new launchpad on Solana.
Think people should begin calling out the funds committing $100M and $50M to the private round who's strategy was to generate a quick 25% return using retail buyers as exit liquidity. I assumed people in this round were in for a swing not for arbitrage (my mistake).
The 'Institutional round' sucked all demand out from secondary and just left the market with relentless supply to dump of which is being dumped on retail as we speak.
Clearly this is just max extraction. Team allowed all of this w/ zero vesting. Didn't expect the above but leaves pump fun with awful optics going forward.
Unsure how investors thought raising $720M from predatory liquid funds would be positive long-term for their bags.

22.7. klo 18.21
$PUMP is certainly not fun...
Let's not airdrop the community that made us rich and instead allow predatory liquid funds zero vesting at TGE with multi 8 figure and 9 figure bags.
Joke
Seemed I've caused some controversy by saying you shouldn't be allowed to dump 9 figures w/ no vesting immidately after TGE prior to a community airdrop.
Incredible tech
Let's see if the lads can turn it around will be watching closely
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