币界网报道：Pump.fun plans to raise $1 billion through token sales, with a valuation of $4 billion, in an effort to expand its business. The platform has generated more than $700 million in revenue since its launch last year, relying mainly on memecoin transactions. Helius CEO Mert Mumtaz believes that simply launching a Layer-1 blockchain to increase profit margins does not make much sense, and suggests that Pump.fun should use the funds to explore diversified businesses, such as live streaming and media entertainment, to reduce its reliance on memecoin transactions. Pump.fun may learn from Jupiter's acquisition strategy to expand its NFT, lending and other businesses, but it should be aware of potential legal risks. Overall, Pump.fun's future development direction is more inclined to redefine the interaction between encryption and media, rather than just creating a new Layer-1 blockchain.