BREAKING: Vitalik states that
@Pumpfun has killed memecoins by turning new retail investors entering the crypto space into degenerate gamblers and with no real-world use, the industry will die fast.
He also stated that
@pumpfun has been a net negative to crypto since it was released in 2024 by draining the
$crypto ecosystem and turning retail into gamblers not investors.
He also said the platform is setup like a slot machine you keep clicking until your fully drained - pump ultimately wins but retail loses.