Pump.fun price

Original title: A Valuation of $PUMP Original author: Sunny Shi, Messari Crypto Original compilation: Alex Liu, Foresight News According to major media outlets, citing sources familiar with the matter, pump.fun is preparing to sell 25% of the PUMP token at a valuation of $4 billion to raise $1 billion. Is the price attractive? Messari's Sunny Shi built a valuation model for PUMP, which showed that its FDV (fully floatable market capitalization) could be $7 billion. If the prediction is correct, then the PUMP token bought is earned. But there is an important premise. Here's how they went through the valuation process (Sunny Shi's perspective, "we" or "us" refers to Messari): No matter what you think of Memecoin, the track continues to "print money". Although the trading volume of the pump.fun issue platform is down from the beginning of the year, it is still well above the level of most of 2024. Pump.fun has more trading volume than most of '24, data: Messari One may also underestimate the success of PumpSwap. The DEX went live about three months ago, but has already significantly eaten into Raydium's market share on Solana. PumpSwap vs. Raydium market share comparison, data: Messari Our valuation methodology uses a top-down model, which assumes the overall crypto market volume, Solana share, launchpad share, and PumpSwap market share. These assumptions and models are only open to enterprise customers, but I will share the main conclusions. In our base case, we believe that Memecoin will occupy a niche in the broader crypto economy, as they are more suitable for speculative use than NFTs. Of course, the Solana ecosystem will undoubtedly diversify into new asset pairs as it matures, but it's also likely to be true. We believe that even if pump.fun's share of the Solana ecosystem declines slightly, PumpSwap continues to grow, and the pump project is still expected to generate about $675 million in revenue over the next two years. At a 10x valuation multiple, the corresponding FDV is approximately $7 billion. However, the key premise is that if the project chooses an opaque token/stake structure that distributes the majority of revenue to insiders rather than token holders, then we believe that the current market has become quite cautious and will not ignore this poor way of accumulating value. In our full report, we provide a valuation table that evaluates the potential value of PUMP based on the percentage of revenue that token holders can receive. Regardless of what the market ultimately judges, this is a great opportunity to participate in the most lucrative crypto app in history. Now it's up to the project team to give token holders enough buy-in value to make it a worthwhile investment. Editor's note: In Aevo's pre-market perpetual market, the price of PUMP is $6 at the moment, corresponding to 6 billion FDV (fully floatable market capitalization). PUMP pre-market price on Aevo Link to original article

@gmgnai finally unbanned!

Web3 Information Poor Today: 1. Trump's crypto market value evaporated by $80 billion, and the situation in the Middle East escalated? He was supposed to participate in the G7 summit, but suddenly warned: evacuate Tehran! 2. One purchase is 10 billion! The strategy added another 10,100 bitcoins at an average price of $104,080, and Sun Yuchen also went public through a backdoor listing to open a $trx strategic reserve 3. $LABUBU continues to skyrocket by 50%, and the market cap is 60m again, with Jup publicly minted $VIBE up to 25x and Trump Mobile $T 1 up to 45x 4. Circle continues to skyrocket, with a new market capitalisation of $36 billion, and JPMorgan Chase is also coming to join in the fun, applying for the $JPMD trademark, and wants to issue stablecoins? 5. pump fun, founder Alon's x number has been blocked, and like the previous wave of estimates, it also uses an unofficial api interface, I heard that the founder was arrested in the top luxury flat in New York, justice for $pump ?

Major setback for the upcoming Pumpfun ICO! Curious if they'll shift to a decentralised social platform. What's the top decentralised social media on Solana?

⛔️ The account of Pump fun and the founder of the Alon project has been suspended by Twitter X. 💬 Previously, ElonMusk's X also froze a large number of Crypto-related accounts, mainly related to meme trading tools, KOLs, and crypto bots. The specific reason has not been disclosed. ❓ Just yesterday I saw that $PUMP PreMarket list was finished :)) This project also brought huge revenue to the SOL system and also continuously Dep Sol has been on the floor for the past time. What is Elon's purification? 😌