3 reasons why Pump.fun could be headed for a full-blown crash
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最新报道：Pump.fun's revenue plunged 80% to $24.96M in July, far below its $130M peak, as fewer projects mint tokens on the platform. Despite collapsing cash flow, PUMP token trades at a high 4.7× annualized revenue multiple with a $1.06B market cap. The token remains vulnerable with 75% supply concentrated in top 10 wallets and no fundamental growth to support its 30% monthly price surge, risking a sharp sell-off if activity declines further.
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