[Pumpfun's 4 billion big blood sucking is about to squeeze the last drop of blood out of the market? ] 】 Pumpfun, the platform that calls itself the "Solana meme coin engine", is simply brazen, issuing coins and financing at the time of the worst liquidity, with a valuation of up to 4 billion, this is not innovation, nor empowerment, this is a naked liquidity plunder, a crazy bloodsucking of the Solana ecosystem! Use $SOL as an ATM and let retail investors be the pick-up man? Since its launch in January 2024, Pumpfun has been selling 503,343 $SOL, worth about $787 million, with an average selling price of about $156. Pumpfun's fundraising plan exposes its eagerness to cash out, as of January 2025, more than 6 million meme coins have been launched, but less than 0.005% of the tokens have a market value of > $1 million, and 98.7% of the tokens are dead and have no place to be buried. What's even more outrageous is that the total market value of all the meme coins on Pump is only $500 million more than the amount they raised this time. Ironically, the platform's daily revenue has plummeted from $15 million at its peak to several million dollars, user activity has halved, and the number of new tokens issued per day has plummeted from 70,000 to 30,000. I earned 738 million in handling fees, but I didn't give back a penny to the ecology, and now I have to cut 1 billion retail investors, which is extremely ridiculous; The issuance of Pumpfun is a double betrayal of the Solana ecosystem and retail investors. Under the guise of a "meme economy", it is a blood-sucking plunder; In the name of "innovation platform", building unethical casinos; With a bubble valued at 4 billion, squeeze out market liquidity.