100% agree with this,
Most importantly, the ceilings for memecoins were decreased severely since cashback was added
99% of these huge multi-million dollar runners are CTOโs that had a reason to CTO the coin as they can still generate the fees from the coin
No one is going to CTO a coin with a 100k + entry like they did before limiting the potential of every narrative that comes out
This is why the market is so hyper gambling based and fast rotation paced
Pumpfun just want more money for themselves unfortunately thatโs the harsh reality of it.