
Maxim
@spikelov
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💸 $PUMP Token Sale — My Take
TL;DR:
Pump.fun is selling 33% of their token at a $4B FDV, meaning they’re pulling in $1.32B total.
Realistically, they’re walking away with ~$1B clean after exchange cuts.
15% public sale — $600M on their own platform (no fees = pure cash)
18% private/institutional — $720M already in their pockets
Pre-sale revenue — $700–780M, already cashed out via Kraken
🧮 Simple Math for Simple Minds
They’ve already made $1.8–2B clean.
No cap, I’m f*cking shocked.
😄 So the real question is:
Why would they even bother pumping it, when they already cashed out?
Time to shovel some grade-A shit:
📉 PF is losing market share
BonkFun is catching up fast
Latest stats: PF ~45%, Bonk ~49%
🏃♂️ Speedrun mode
Probably investor pressure:
They’re rushing the sale while hype is still alive
Total chaos on CEXes:
Sale pages pop up and disappear — no one knows what’s going on
💀 Massive sell pressure on TGE:
$1.2B from public sale
$400M in airdrops (and let’s be honest — half of it will end up in their own wallets. These greedy mfers always eat first)
$400M+ from early investors dumping
🔻 Total = ~$1.6B potential sell pressure on day one
❓Who the hell is buying $3–4B worth of tokens on TGE?
To give just 1.5x to all these sellers, the market needs to absorb $2.5–3B in fresh buy pressure.
🧠 That implies a $6B+ cap out the gate
❌ I don’t buy it.
💬 Who actually wants this token at that price?
❗️Conclusion: 2 possible outcomes
1. Brutal Exit Liquidity
They really do sell 33% to the public/institutions
Token dumps hard
Everyone exits, PF retires in tax havens
💊 This looks like a final cash-out
They already made it. Why build more?
2. Cult Mode + Controlled Pump
If the sale flops and buyers get rekt → CEXes take a reputation hit
Remember: PF’s founders already had a case opened, even if it got dropped.
They’re likely on watchlists now
🚨 “Why flex $2B if you’re stuck sitting on a bottle in jail?”
🌀 So they might:
Buy their own token during the sale
Control 22–30% of supply
Build a cult following, pump FDV to $5B
Slowly offload over time
Everyone wins on paper, no obvious rug, and no legal red flags
❓So — is the risk worth it?
Who in this chat would actually buy $PUMP to hold?
Is anyone excited at $0.11 with this FDV?
I read dozens of posts, dug through all the blogs, double-checked the numbers.
You’ve got everything here — make your own call.
Like, repost, forward, and slap a ⭐️ on the Dune board:
https://dune.com/aptoc-drop/pumpfun
Let me know what you think.
P.S. Didn’t even mention their swap — it’s just a lazy fork of another DEX.
Basically worth two cold meat pies. 1 reply
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PUMP.FUN — IDO: What’s Known So Far (Including Gate.io Leak)
Token Sale Dates:
*️⃣ Expected to start on July 12, end on July 15.
*️⃣ This info briefly appeared on Gate.io, but was later deleted (why, though? 🤔)
Token Sale Terms (from deleted Gate.io page):
➖ Total Supply: 1 trillion PUMP
➖ For Sale: 150 billion PUMP (15%)
➖ Token Price: $0.004
➖ Project Valuation (FDV): $4 billion
➖ Raise Target: $600 million
➖ Duration: 3 days
➖ Format: via ~12 centralized exchanges (rumored)
Token Allocation / Tokenomics (partially confirmed, but could change):
15% ➖ Public IDO via CEXs (exact platforms unknown)
10% ➖ Airdrop for the community — 100B tokens (~$400M) — (a poor drop from a greedy project)
25% ➖ Reserved for buybacks and protocol revenue redistribution — (we all know this isn't Hyperliquid-tier, more like a checkbox feature)
📝 Note: The remaining 40% is unconfirmed — could go to team, ecosystem, treasury, etc. No official breakdown yet.
💸 There were unconfirmed rumors of early investors buying in at $100M–$400M FDV — you can do the math on their potential gains.
🤣 Let’s Take Off the Rose-Tinted Glasses on Pump Fun
*️⃣ Pump.fun has already sold ~$750M–$770M worth of SOL.
That means they're likely dumping SOL into the market constantly.
*️⃣ If the TGE has full unlock, we may see heavy selling pressure from airdrop recipients and early investors.
*️⃣ The public IDO is already launching at a $4B valuation — to 2x, you’d need it to hit $8B FDV.
For reference, $PUMP was trading at $5.2B–$5.8B FDV on Aevo pre-market.
➡️ Source: Dune Dashboard here — ⭐ leave a star, bro.
⚠️ Remaining Uncertainties:
➖ Final tokenomics and airdrop allocations
➖ Unlock/vesting schedules for team and investors
➖ Confirmed exchange listings
➖ Buyback details (what % of revenue, frequency, etc.)
➖ General market conditions
➖ Platform revenue has declined with competitors like Let’sBonk emerging — you can track it on Dune
Summary
Many key details are still up in the air. Until those are clarified, it’s hard to make a final judgment.
This post only presents the facts currently available — not investment advice.
As for me, I haven’t made my decision yet. I'm waiting…
But I don’t believe in this team.
🔜 Based on this tweet: source 0 reply
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A $4B unlock and Golden Visas for TON — coincidence?
Been scrolling through crypto Twitter... and suddenly everyone’s yelling:
🇦🇪 “Stake $100k in TON and get a 10-year UAE Golden Visa! No real estate, no company — just Web3, baby!”
🤣Of course, it’s all “decentralized”, “no intermediaries”, “smart contracts”, “3–4% APY”, and even includes your whole family.
Truly the future of citizenship.
💰 Meanwhile:
🔓 1.3 billion TON is about to unlock:
tonviewer.com/UQDtFpEwcFAEcRe5mLVh2N6C0x-_hJEM7W61_JLnSF74p9dz
At ~$3 per TON — that’s $4 billion.
Early investors got in at $0.3–1.5 → so they’re sitting on massive 10x gains.
And boom — right before unlock, the “visa for TON” promo goes live.
Homework: Unlock → Visa program → TON pumps 10%. Where’s the catch?
📢 Then UAE authorities step in:
❌“No Golden Visas for crypto investors. TON is not licensed. It’s all misinformation.”
Official source: wam.ae
🧠 The moral? With TON, it’s always chaos and vibes.
Pumps, unlocks, fake visas, official denials — all in one blockchain.
Technology™.
📌 For now, let’s watch how TON turns into a UAE cash-out bridge in real time. 0 reply
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