Tokenomics.net retweetet
.@pumpdotfun tokenomics audit. My opinion?
Cash grab that'll lead to little upside and big dumps.
Think about it:
– $600MM liquidity sucked during the raise
– Team controls huge chunks of supply
– Potential airdrops obscured under "Ecosystem"
– 33% at $600MM = $1.8MM FDV, not $4B
BTW, the 1 trillion supply is for one thing only...
To make the price psychologically cheaper.
The total supply simply works in tandem with the market cap to determine the token's price.
Market Cap / Total Supply = Token Price.
It'll take a special kind of genius to "Invest" in Pump.Fun given these fundamentals.
Keyword: Special
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