ilmscore | HUGE: Pump.fun Just Burned 98% of Revenue on Pump Token?!

HUGE: Pump.fun Just Burned 98% of Revenue on Pump Token?!

Predictions from this Video

Total: 11
Correct: 4
Incorrect: 2
Pending: 5
Unrated: 0
Prediction
Topic
Status
Pump token experienced a 60% price surge and reached a market cap exceeding $3.1 billion within a week.
"Pump's price surged over 60% in a single week, pushing its market cap over $3.1 billion."
PUMP
Incorrect
Pump.fun achieved a new all-time high in daily platform revenue, surpassing $3 million.
"Daily platform revenue rocketed past $3 million, a new all-time high."
Pump.fun Platform Revenue
Pending
Pump.fun has spent nearly $72 million to date on its token buyback program.
"And to date, the program has spent nearly $72 million buying back pump tokens."
Pump.fun Buyback Program
Pending
Pump.fun's new fee model generated over $1.3 million in creator fees within 12 hours and exceeded $19 million within a week.
"In the first 12 hours of the new model, over $1.3 million in creator fees were claimed. Within a week, that number had swelled to over $19 million."
Pump.fun Creator Earnings
Incorrect
The token associated with the streaming duo Bagwork saw its market cap surge to over $53 million due to viral stunts.
"Their token's market cap spiked to over $53 million, demonstrating a direct link between viral moments and onchain value."
Bagwork Creator Tokens
Pending
Pump.fun is facing a class action lawsuit seeking $5.5 billion in damages.
"The company is facing a consolidated class action lawsuit seeking $5.5 billion in damages."
Pump.fun Lawsuit
Pending
A former Pump.fun employee stole approximately $1.9 million worth of SOL in May 2024.
"In May 2024, a former employee exploited administrative privileges to steal around $1.9 million worth of soul."
Pump.fun Employee Theft
Correct
If tokens on Pump.fun are classified as securities, it could lead to the platform ceasing operations in regions like the US.
"If the tokens launched on the platform are deemed securities, it could spell the end for Pump D. Fun as we know it, at least in jurisdictions like the US."
Pump.fun Regulation Risk
Correct
Pump.fun's strategy of allocating 98% of weekly revenue to buybacks is questioned for its long-term sustainability, particularly if platform activity declines.
"Consuming 98% of weekly revenue on buybacks is not a long-term strategy, especially if platform activity waines."
Pump.fun Sustainability
Correct
Pump.fun has significantly lowered barriers for creators and is driving substantial activity and adoption for the Solana blockchain.
"It's lowered the barrier to entry for creators and has become a massive driver of activity and adoption for the Salana blockchain."
Pump.fun Blockchain Impact
Correct
Estimates indicate that over 95% of tokens launched on Pump.fun exhibit signs of fraud.
"Some estimates suggest that over 95% of coins on the platform show indicators of fraud."
Pump.fun Token Fraud Indicators
Pending