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Jacek.degen.eth 🎩
@jacek
Been diving into some pump.fun Reddit threads… Looks like they solved a real problem—anyone can launch a token in seconds now. But in the process, they might’ve created a much bigger one. Scammers are printing money by farming hype and dumping on regular people who genuinely believe they can flip 0.5 SOL into 100 SOL with just the right moves. Not sure how sustainable a business model is when your users consistently lose money. Unless, of course, they’re getting some kind of entertainment or social value in return. I’ve played around with it, and yeah, there’s something there. If you’re looking for an anon social feed with chaos energy, just go to 4chan. But what surprised me is that many users really believe there’s a skill curve to this. They’re getting rugged... and coming back for more. Reminds me of Las Vegas—people know the odds are against them, but they keep playing. There’s definitely a psychology worth studying here. Curious what others think.
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greyseymour.eth
@greyseymour
Everyone who has told me they’ve cracked the code to pumpfun is either a. early in their journey b. lying c. ends up getting so rekt they “quit crypto” altogether, or d. mysteriously disappear (probs some crossover between c. & d.) I speak to founders very frequently, and for many of them, the volume associated with pump is VERY tempting… more than once, I’ve had to dissuade someone from ”just scrapping the launch plans and putting it on pumpfun” instead… :|
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