Why is the entire CT like that? Everyone says omg, it's the platform with the largest revenue, they can't be priced that low, right? Ask yourself where is the revenue going? How is it used? Why is the mcap lower than raised capital? This token was just a cash grab. And it was done super well by them - keep the price above 4b on perps, so your presale gets sold out, lose on it I guess around $100m, raise much much more than that on size. $PUMP is just a memecoin with huge mindshare. There is no second Hyperliquid.
The platform with the largest revenue and market share the past 2 years is under $1B MC this has to be free around here
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