PumpFun is buying back $1.8 million $PUMP per day.
That's $657 million per year.
Or 13.7% of the fully diluted valuation in yearly buy-backs.
They would buy back 40% of the current supply in 1 year.
You are not bullish enough.

Thesis on why I'm bullish on $PUMP.
Mind that I trade around the current market volatility.
Meaning I buy and sell regularly.

Crypto Stream
@CryptoStreamHub
Why I bought a lot of $PUMP yesterday and am looking to buy more:
1. $637m annualized revenue vs. $4.5b FDV → ratio ~7. Best revenue/valuation ratio in the market.
2. Hyperliquid has $1.3b revenue vs. $45b FDV → ratio 34. $PUMP is massively cheaper.
3. Revenue has been

I share thoughts about short-term market movements in my telegram channel. If you are interested you can join here: t.me/cryptostream_research…

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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