Mzsalmani
@mzsalmani
🚨 **Pump.fun’s ICO is launching — and it’s *not* what it seems.** They call it a “fair drop”... But behind the scenes, it’s a **cleverly disguised exit pump**. Here’s why this might be a \$1B *trap* — and how you can protect yourself 🧵👇 --- 1/ **What is Pump.fun’s “Fair ICO”?** They’re launching a token to reward meme coin creators + traders. Sounds great, right? But the model **funnels value upward**, not outward. --- 2/ **Here’s the real plan:** * They’ve made over **\$700M+ in fees** already * Now, they’re dropping a token to **reward early users** * But... the “reward” is a **liquidity trap** --- 3/ **The ICO could raise \$1B.** And here’s the catch: You send SOL to buy the token → they pocket the SOL → you get the token → token dumps. It’s **no refund**, no utility (yet), no guarantees. ---
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Mzsalmani
@mzsalmani
4/ **The illusion of fairness** They’ll claim it’s “community first” But in reality: * Team controls token supply * No public roadmap * No vesting or accountability --- 5/ **It’s a classic exit pump playbook** ✅ Build hype ✅ Launch token with narrative ✅ Absorb SOL ✅ Let early insiders dump ❌ Leave retail holding the bag --- 6/ **How to protect yourself:** * Don’t chase hype blindly * Ask: *Who’s really getting rich here?* * If you do participate, size small — treat it like a gamble, not an investment --- 7/ **Final thought:** This isn’t about hating on Pump.fun — it’s about **staying sharp**. If they raise \$1B and dump on users, it’ll be *the biggest retail rug of 2025*. 📉 Don't be exit liquidity. — If you found this helpful, follow for more honest breakdowns. And stay safe out there 🫡
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