The Pumpfun Paradox: Extracting Billions, Giving Nothing Back

Sometimes I wonder where it went wrong with this cycle because it's different from others and during this cycle we've never witnessed an altcoins season like we did in past

and the answer is right Infront of our eyes, pumpfun is the death to the altcoins season and it happened again when they launched pump token

Now the entire market took a turn back and people are only losing because of pumpfun still they've extracted billions out of ecosystem but still around and doing nothing but extracting more.

Pumpfun trying to sell twitch on Blockchain narrative now

Now when people lost everything from crypto trading those rug memecoins on pumpfun they're pushing this twitch on Blockchain narrative

As people can stream on their platform they think it's possible to compete with twitch

Can't even sell this narrative since pumpfun is centralised and they can never pay their creators a 10% of what twitch pays to creators

But again that alon guy is delusional and here to max extract and give nothing valuable to community.

If people in crypto really cared about censorship resistance and socialfi on Blockchain they'd be here on hive years ago.

Pump coin launch turned out disaster

When the coin launched I was quite excited because of the hype around it and when it went live trading I bought some too

Only because the presale went sold out in 12 minutes and raised about 600 million from it alone

So thought they'll add all that liquidity and it's gonna be a wild ride

But turns out he only added few million dollars in liquidity, no A tier exchange listing and dev being absolute clown with those tweets.

No airdrop to community?

The Jew hate isn't forced at this point after seeing greedy behaviour like a filthy animal who ain't gonna let anyone eat even though there's a lot of meat on the table

A guy with over billion dollars sitting in wallet made because of pumpfun ain't even gonna airdrop to community

At first everyone thought he's just being smart by making other people sell spot bags to lift the prices up but turns out he's just dumb making a graveyard of hopes and people who trusted him.

he ain't really him and what were you expecting from someone who have that kind of money sitting around in the wallet yet trade with 1 SOL on it's own platform.

This is the kind of thing that makes me hate crypto cause it kills the whole point why we're even here.

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Wrapping Up...

In case you're wondering where our altcoins season is you should go check out pumpfun and you'll find your answer.

Yea, we're not getting anything massive until max extractions fully ends and people prosper again with all that buying from vcs.

In the end it's just a rant because of that airdrop being postponed or delayed for no reason.. I guess everyone who is watching pump chart is as frustrated as me.. would love to know what's your thoughts on this, do share it in the comments.

fin.