PUMP issuance, is it an opportunity to get rich or a crisis in the currency circle?
Yesterday, Sesame opened the door and leaked the pre-sale information, and today Bithawk will take you to see clearly: can you get on the car?
【List of pre-sale details】
Pre-sale platform: Sesame
Pre-sale price: $0.004
Pre-sale time: July 12 22:00 ~ July 15 22:00
Pre-sale amount: $600 million, corresponding to 15% of the total tokens, full circulating market capitalization: $4 billion
[Can you rush? 】
(1) From the perspective of market value, the risk is greater
The valuation of $4 billion is really not cheap, the current full circulation of HYPE is only $4 billion, and HYPE makes $2 million a day, most of which is used to buy back HYPE
The role of the PUMP token has not yet been announced, and the current daily revenue is only $900,000
(2) From the market share is reduced, the risk is greater
At present, the SOL meme market is no longer the boss of PUMP, BonkFUN currently launches 20,000 Memecoins per day, PUMP only launches more than 9,000 Memecoins per day, and BonkFUN's revenue has reached more than 1 million US dollars, surpassing PUMP
In short, everyone is annoyed with the Pump platform now, collecting money and not doing practical things, in the long run, I am not optimistic about the development of PUMP, but considering the high popularity, whether we can participate in it is considered according to the token empowerment and circulating market value
[What will be the impact of this wave of pre-sales?] 】
(1) The market may be drained of $600 million, and other altcoins may be bloodsucked.
(2) As a competitor, BONK and BONKFUN's projects can be followed, and they may pull the plate to do things at this time
Show original10.09K
6
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.