Report: PUMP's 4 billion valuation is too high, supported only by brand effect
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最新报道：According to the news from Bijie.com, on July 15, BitMart Research Department released an analysis report pointing out that although Pump.fun was once an industry leader, its $4 billion valuation seems too high, especially in the context of declining market share and intensified competition. PUMP tokens lack governance rights, revenue sharing or practical functions, and are only supported by brand effects.
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