PumpFun: Di Unexpected Winner for Solana Memecoin Downturn
PumpFun dey continue wit better strategy even as memecoin market dey fall. Daily money drop 93.4% from $7.07 million to $469K, plus active users dey go down sharply. Let’sBonk dey lead token deployment with 65.1% market share but dem no get plenty reserves. On the other side, PumpFun still get over $200M liquidity, strong brand, and deep connections with Solana. Big sell-offs for memecoin like MELANIA and LIBRA don make retail buyers dey fear risk. PumpFun CEO Alon no do costly token buybacks or airdrops; e rather keep money for utility projects like ICM. This cautious way make PumpFun solid liquidity provider and possible to perform well. Traders suppose watch for strategy changes and upcoming plans like ChillHouse. For long bear market, $PUMP fit attract long-term holders wey prefer stability over quick speculative gains.
Bullish
Di artikel di shine PumpFun strong $200M liquidity reserve, wise capital management, and e connection wit di Solana network, wey difference to Let’sBonk wey get high deployment volume but small reserves. Old bear markets (like 2022) show say platforms wey get big capital buffers and move towards utility projects dey recover faster. As di memecoin speculative trading dey reduce, investors dey prioritize projects wey get clear roadmaps and liquidity. PumpFun no dey do big buybacks or airdrops, dis one reduce short-term cost pressure and keep runway for strategic moves like ICM. All dis tins boost confidence for $PUMP long-term durability. For short term, cautious investors fit dey gather, and for long term, PumpFun structural benefits go support steady better performance.