Pumpfun is a disgrace to this industry
They just launched a platform where anyone can pay anyone to do anything
Within hours, users were already posting dangerous bounties
Pumpfun gets the engagement
How is this even legal?
Historic day for @solana:
For the first time ever, HYPE did more spot volume on Solana than all centralized exchanges in the last 24 hours.
This is truly insane, IMO. For an asset that didn't exist on Solana until just a few months ago.
ZEC also did more volume than all CEXes (other than the binance ZEC/USDT market).
BTC also posted almost $200m in 24h volume.
My guess: Solana is going to eat global spot trading marketshare in everything.
First from CEXes for all crypto assets. Then from trad spot exchanges for equities.
Lower fees, self custody assets, fully open & transparent markets that anyone can participate in, and a huge amount of distribution through hundreds of front-ends
This is a winning product formula.
pump fun is the most vile place on the internet:
- destroyed community with PvP
- farmed every trader
- sold 4.5M solana
- rasmr
- rugged their airdrop
- now their latest update fuels the worst of human behaviour
when will we rid our industry of this Plague?
Alon blocked me. The reason is that I lost $10,000 in CA after Pumpfun accounts were hacked. About a year ago. They traded the money for reputation. Despite the criticism of the BONK hack, everyone received an airdrop. And with a 10% bonus. That's the end of the post.