The Pump ICO might be extractive, but it really puts into perspective how bad Zora was. 

Pump at least has revenue to support the raise. Zora was clearly to dump on retail, whereas Pump might have a chance based on their fundamentals. I’m buying some as I believe I have a chance to make a 2x or 5x here.

Helping build @midao. Probably on the water if I’m not thinking about crypto. /eagles /betting /off-grid

yet. I still think that Zora is the closest competitor to Pumpfun. If product has achieved its pmf, then almost everything is probably already priced in, now imagine if suddenly people will be able to stream on Zora (possibly), or Zora will be integrated into the coinbase wallet (very likely, according to unconfirmed sources and some hints). And yea i think that pumpfun is a buy at 4-5b$ fdv range, personally bidding both

do you think there is any alpha in your reasoning?

let me explain, you agree to buy an asset valued at $4b which has most likely already reached historical peaks in its metrics, yes, maybe there is room for a couple of Xs at max

but at the same time you fade an asset (most hated one between all base eco) valued at about $25m with cracked devs, interesting token mechanics and support from basically every coinbase cabal member
did i get it right?