After writing about the suspected brushing volume of Pump yesterday, I also had an in-depth discussion with some friends. How to say, others have also found that they have a lot of pure brushing coins, but they can't prove that they did it, but the market value of a few hundred K is indeed suspicious. The recent shrinkage of the meme market is not only a matter of physical feeling, but also a decrease in revenue from dog-beating tools including GMGN. Why does Pumpfun print so much money 💰 every day? But in other words, this brushing volume also requires real money. In other words, even if this is a fake profit, it will still look good on the accounts, which is a very attractive business for many investors who only look at the fundamentals of earnings. A friend put forward a hypothesis: Because the total amount of coins transferred by Pump to Kraken yesterday is very close to the amount they previously repurchased (74 million vs 80 million), so even if they keep using the...
Is PUMP's profit real? 》 In fact, I hesitated for a while to say whether it was true, because I always felt that whether this continuous buying was real or not was still debatable. But some time ago, most of my friends around me built $PUMP positions, and the currency price went up all the way, and all kinds of gossip were spreading that PUMP would have great benefits, and it was not easy for me to jump out and pour cold water to block people's financial paths. Today, I see that they have also successfully listed, so let's bring it up for everyone to discuss. Because recently I have seen some coins launched on Pump see extraordinary multiples of trading volume -- and the income from these transactions is the basis of the PUMP Buyback narrative. In fact, in addition to the recent death coins brought by the Ukrainian girl and Charlie, who was shot dead last night, the chain is really cold, and this trench friend who plays memes can feel it. So why do some coins with huge trading...
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