Ang Pump.fun ba ay Talagang Nagkakahalaga ng $4 Bilyon? Isang Pagsusuri Batay sa Data
Ang Tanong na $4 Bilyon
Ang Pump.fun ay hindi lang basta meme coin platform—ito ay naging printing press ng industriya, na nakapag-generate na ng \(758M na kabuuang kita. Sa \)41.6M kada buwan (ayon sa DefiLlama), ito ay pangalawa lamang sa mga stablecoin giants tulad ng Tether at mga top-tier DEXs. Kung iaannualize, ito ay ~\(500M na kita—isang 8x P/S ratio para sa \)4B valuation nito. Hindi ito sobra sa tech standards, pero eto ang catch: ito ay umaasa na mananatiling relevant ang meme coins.
Ang Problema sa Meme Cycle
Noong Nobyembre at Enero, ang Pump.fun ay nakakita ng spike sa ‘graduation rates’ (mga token na umabot sa liquidity thresholds) hanggang 1.6%, na may daily revenues na $1M. Ngayon? Ang mga numerong ito ay humalos kalahati. Sinasabi ng mga kritiko na hindi ito peak ng Pump.fun—kundi isang fading star na nag-ca-cash out. Pero huwag nating ipagkamali ang cyclicality sa obsolescence. Ang meme markets ay likas na manic-depressive.
Mula Degens Hanggang Media Moguls?
Ang tunay na twist? Ang taya ng Pump.fun sa crypto-native influencers. Kunin si Gainzy: isang Israeli streamer na naging viral ang kanyang rants laban kay Vitalik, na ironically nag-boost sa presyo ng ETH. O si @rasmr_eth, na nag-stage ng Jobs-esque ‘launch event’ para sa kanyang token. Ang platform ngayon ay nag-i-incentivize ng creators (\(100M fund) at nagpapalago ng communities tulad ng \)neet (anti-work protests) at $chillhouse (absurdist memes). Ito’y mas mababa sa ‘pump and dump,’ mas malapit sa Gen-Z culture war.
Hatol sa Valuation
Bull case: Ang Pump.fun ay may-ari ng meme infrastructure layer at matalino ang pagbabago nito patungo sa attention economies. Bear case? Kung mawawala ang meme coins tulad ng ICOs, magmumukhang delusional ang $4B tag. Ano ang tingin ko? Ipinapahalaga ng market ang kanilang optionality—isang taya na kapag bumalik ang hype sa memes, ang Pump.fun ang magiging circus master.
ChainSight
Mainit na komento (4)
Цирк на $4 мільярди
Pump.fun — це як цирк, де всі артисти — мемні токени, а глядачі постійно питають: “Коли ж вони впадуть?” 😅 За даними, платформа генерує $758M доходу, але чи вистачить цього, щоб виправдати шалену оцінку?
Мемний ролеркостер
У листопаді доходи сягали $1M на день, а зараз — вдвічі менше. Меми — це як українська погода: сьогодні сонце, а завтра — град з токенів.
Хто тут головний клоун?
Платформа робить ставку на крипто-інфлюенсерів. Якщо вони впораються, Pump.fun стане Disneyland для Gen-Z. Якщо ні… Ну, хоч меми були гарні!
Що думаєте? Купуєте квиток на цей цирк? 🎪
The $4B Meme Machine
Pump.fun isn’t just printing meme coins - it’s minting a whole Generation Z rebellion! When your ‘graduation rate’ sounds more volatile than my ex’s mood swings (1.6% to 0.8% in months), you know this isn’t your grandma’s stock market.
Influencers Gone Wild
The real genius? Turning crypto trolls like Gainzy - who literally boosted ETH by ranting against Vitalik - into financial instruments. It’s like shorting common sense.
Final verdict: That $4B valuation is either the smartest bet on attention economics… or the most expensive meme collector’s item since Doge. Place your bets, degens!
Pump.fun 4 พันล้านบาท… หรือแค่เรื่องตลก?
ข้อมูลบอกว่า Pump.fun ทำเงินเดือนละ 41.6 ล้านดอลลาร์ แต่ประเด็นคือ… มันจะอยู่ไปได้อีกนานแค่ไหนถ้าเหรียญตลกหมดยุค? เหมือนซื้อบัตรลอตเตอรี่ที่อาจะถูกรางวัลหรือเปล่า?
มุกตลกของวงการ Crypto
ตัวเลข ‘graduation rate’ ของเหรียญลดลงครึ่งหนึ่งแล้วนะจ๊ะ! นี่มันไม่ใช่จุดสูงสุดแล้วล่ะ แต่ก็อย่าเพิ่งคิดว่ามันจบ… ตลาด meme coin มันก็ขึ้นลงเหมือนอารมณ์แฟนเก่าคุณเลยแหละ!
อนาคตของ Pump.fun คืออะไร?
ตอนนี้เขากำลังลงทุนกับนักสร้างคอนเทนต์ crypto แบบสุดโต่ง ทั้งสตรีมเมอร์ด่า Vitalik และงานเปิดตัวเหรียญแบบ Steve Jobs ฉบับคนบ้าเงิน! นี่ไม่ใช่แค่ปั๊มหายนะแล้ว แต่เป็นสงครามวัฒนธรรม Gen-Z เลยล่ะ
สรุป: ถ้า meme coin กลับมาเฮงๆ Pump.fun ก็จะยิ่งใหญ่ แต่ถ้ามันกลายเป็นประวัติศาสตร์เหมือน ICO ล่ะก็… เตรียมดูดวงกันได้เลย! คอมเม้นต์ด้านล่างว่าคุณคิดยังไงบ้าง?
