The script for PUMP token issuance—
Launch and pump initially, trapping a large number of retail investors.
Then it declines steadily, eventually stabilizing sideways.
I won't be giving them my money.
Unless the drop is severe enough.
Platforms that already have significant recognition and then issue tokens.
Almost never generate substantial wealth effects; the opportunities are mediocre.
The valuation premium during TEG is certainly very high.
Tokens like blur and uni also belong to the category of issuing during a hype phase.
But they must first go through an epic washout phase, and only with favorable market conditions can there be a chance for a rally.
Otherwise, it's really hard to find investment opportunities, as there are too many examples of one-off flows.
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