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I thought: 2024 is a MEME SUMMER!
Now it seems: 2024 is PVP SUMMER!
Recently, chains have been adopting the “PUMP model”.
This reminds me of last year, when chains claimed to be fully committed to MEME, but in the end, it didn't work out. For example, Avalanche's (AVAX) 100 million MEME fund failed to materialize.
Because MEME is non-standardized, it is unlikely that the team will have the understanding and the ability to act as a team, which makes it difficult to execute in this case.
However, the PUMP model is different, its model is clear and effective.
It becomes clear and feasible for both public chain ecology and growth. This PUMP model, although essentially a competitive game (PVP), is an effective way of ecological activation for each chain, allowing the chips in the hands of retail investors to fully change hands. 0 reply
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