Pump was created by a couple of guys who created the right product at the right time. They’ve run the platform as a “business” while completely ignoring crypto culture. Creators don’t get paid unless they make a coin, community do not get rewards. The $PUMP token was another product released for revenue generation. I’ll be very surprised if team do “buy backs” or even an airdrop any time soon since this goes against their ethos of maximising revenue and keeping outflows to nil. The only way up is if people collectively decide “this is the bottom” creating momentum and hype - and then fomo. But even with that volume will be sold heavily into. I think there are other much safer bets.
Show original
11.53K
69
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.