"We support bag-working communities" is a great PR line.
Unfortunately, we judge you by your actions, not your words.
You're giving KOLs millions for "calling" 2k toppers, who immediately after rug their copy traders and flex their PnL to lure more people in.
Meanwhile, actual trenchers making 200x calls on your platform get dust.
Your app is just an avenue to buy out voices of influence in the industry.
And these KOLs only exist to lure more people into your meat-smashing rape machine.
You're actively encouraging constant rotation from one "trending" thing to the next, while using your own capital to dictate which coins will be the winners.
Your business model relies on two things:
1. New launches
2. High volume
Both are directly incentivized by constant churn.
A wise man once said, "Show me the incentive, and I'll show you the outcome."
Cut the shit.
it isn't quite as binary as you’ve outlined, and I firmly believe that platforms *should* be pushing for more runners and higher ceilings. the notion that more rotations = more revenue is short-sighted.
there are a ton of coins which aren't short-term attention vessels that have survived the bear market and are positioning themselves and their communities for an explosive bull run.
pump got to where it has because traders could reliably find the best opportunities to succeed, regardless of their trading style.
however, if the chain that keeps this ecosystem breathing - success stories - breaks, then the premise that made pump so successful is no longer true.
for those who believe we recently fell short on this: our biggest goal moving forward is reversing this sentiment.
focusing on expanding the market, bringing in new participants, and rewarding existing communities.
much to come. Q4 begins next week.
Sent from my Pumpfun App