2Lambroz 🐑 (🧑🍳🥩🤌)@2lambro
Every way you can value $pump @pumpdotfun
Covering
🔹Coin Float🔹Coin Utility 🔹Comparable🔹Listing 🔹Summary & personal speculation
🔹Coin Float
initial float ~58%, including
• 33% to ICO buyers at 4B fdv
• 2.6% to liquidity & CEX
• 2% foundation
• 3% Live-streaming airdrop
• 2.4% Eco fund
• ~15% community & eco initiatives (im eyeballing it)
😂 well so 33% ICO buyer and team ~25%
Key to note, there are no airdrop to pumpfun users or coin depolyers, will they fomo and buy the token or...?
Assuming mcap is the only thing that matters.
Buying at 4B fdv =
2.32B mcap assuming 58% float
or
1.32B mcap assuming "team" don't sell any
🔹Coin Utility
" while the token will be fully functional at launch, we’re giving thorough consideration to utility mechanisms like fee rebates, token buybacks, or other incentives and promotions "
Quoted from their launch thread.
🔹Comparable
• Swap & launchpad
$BONK 1.6b MCAP 1.8B FDV
$UNI 4b MCAP 8.1B FDV
• Coins around that MCAP
$APT 2.9B MCAP 5.2B FDV
$NEAR 2.8B MCAP 2.9B FDV
• pumpfun as beta of SOL? or the other way around?
$SOL 84B MCAP 95B FDV
• pumpfun eco token
$FARTCOIN 1.1B
$PNUT 230m
$MOODENG 184m
🔹Listing
Assuming all the CEX that are ICO launch partners there are
bybit, kraken, bitget, mexc, kucoin and gate
There is NO binance, Coinbase or Korean exchange
🔹Summary
• Max extraction tokenomics but fair-ish valuation, it's not $HYPE for sure. but enough room for 2-4x maybe
• Only streamers as airdrop sellers,
• No clarification on coin utility
🔹Personal Speculation
• Will they use the incentives like $BLUR to promo using pumpfun platform for more revenue?
• binance and korean for second pump?
Overall I am will join the sales a bit because im a degenerate gambler but did I miss anything? let me know!