🚀 's $PUMP token ICO made history, raising $500-600M in just 12 mins! But is this meme coin phenomenon sustainable? 🤔
• Token surged 40% post-ICO, reached a $4 billion valuation.
• Critics point to a lack of utility, governance, or revenue-sharing benefits, and a 92% revenue drop since January.
• Intense competition from platforms like and Binance's new bonding curve model is heating up the meme coin space.
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