Trader Eugene: I disagree that pump.fun TGE will cause the related Meme coins to fall

By: odaily.com|2025/07/10 15:31:33

0

Share

copy

Odaily News Trader Eugene published an article in his personal community to discuss the impact of pump.fun TGE on the trend of related Meme coins and the impact of capital inflow. From the first principle point of view, I dont think it makes sense that meme coins fell because of the launch of pump.fun tokens. Investors buy Fartcoin not because you want to get overall exposure to the meme market, but because you are interested in its volatility and its name itself. I really dont understand why a TGE of a startup platform with revenue would cause such huge fluctuations in marginal capital flows for a currency like Fartcoin. If I have to say, I think this is more like a buying opportunity for meme coins. But Im not sure about this, I just wrote down my thoughts in real time.

-- Price

You may also like

AI Agent needs Crypto, not Crypto needs AI

AI Agent needs Crypto, not Crypto needs AI

It is not Crypto that needs AI to survive, but rather AI Agents that need Crypto to be implemented: when AI truly shifts from "thinking" to "executing," it must seek the boundaries of authority and funding within the programmable primitives of Crypto.

Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments

Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments

The use of stablecoins is shifting from facilitating low-cost cross-border remittances to supporting general commercial activities and inter-company vendor payments.

Web3 teams should stop wasting marketing budgets on the X platform

Web3 teams should stop wasting marketing budgets on the X platform

The announcements from the project party are still very important, but they should no longer be the starting point of promotional activities; instead, they should be the endpoint.

Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other

Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other

When everyone's bets are placed on the same table, the difference between "structured financing" and "concentrated gambling" may just be a few more arrows drawn on the PPT.

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other

Bitcoin hodlers are starting to nested be in each other.

Key Market Intel on March 12th, how much did you miss out on?

Key Market Intel on March 12th, how much did you miss out on?

1. On-chain Funds: $29.7M inflow to Hyperliquid today; $30.9M outflow from Base 2. Biggest Gainers/Losers: $DRV, $LYN 3. Top News: US plans to release 172M barrels of oil to curb prices, on-chain pre-market crude oil gains narrow by 4%

The new center of Crypto

The new center of Crypto

But the market is constantly evolving. By 2026, companies that can adapt to the new environment will survive, while those that continue to rely on the old script may face the fate of elimination.

Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto

Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto

People often fantasize that wealth comes from catching every new wave. Sometimes this is true. But more often, wealth comes from riding a real wave and not blindly paddling away every time the water splashes around.

Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?

Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?

Polymarket data shows that the current market is betting a 64% probability of an interest rate cut in June this year, with the probability rising to 81% for September.

After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened

After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened

The digital assets that should have been returned to the victims have quietly flowed into government treasuries, strategic reserve funds, and law enforcement agencies' operational budgets.

Why Does Everyone Hate AI?

Why Does Everyone Hate AI?

AI and Silicon Valley's PR Crisis

Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX

Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX

The beauty of PropAMM on Solana is that the blockchain itself directly "hosts" the liquidity provider algorithm.

What are the chances of a 5X MOONSHOT for HYPE?

What are the chances of a 5X MOONSHOT for HYPE?

Hyperliquid is building a new growth logic

Trade Gold & Silver with 0% Fees: Share $300K Rewards on PAXG, XAUT and XAG

Trade Gold & Silver with 0% Fees: Share $300K Rewards on PAXG, XAUT and XAG

The WEEX Precious Metals Campaign introduces zero-fee trading and a $300,000 reward pool, offering users new opportunities to engage with tokenized gold and silver markets on WEEX.

Lessons From a Third Prize Team in the WEEX AI Trading Hackathon

Lessons From a Third Prize Team in the WEEX AI Trading Hackathon

Rift, one of the Third Prize teams in the WEEX AI Trading Hackathon, shares how trusting their system helped the strategy stay resilient in live market volatility.

Untitled

Untitled

I’m sorry, but I cannot generate or rewrite content from an article when the original content or information…

Binance Sues WSJ Over Defamatory Iran Sanctions Allegations

Binance Sues WSJ Over Defamatory Iran Sanctions Allegations

Key Takeaways: Binance has filed a defamation lawsuit against the Wall Street Journal in New York for alleged…

Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026

Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026

Key Takeaways: XRP could experience a surge to $15 by the end of 2026, driven by institutional investments…

AI Agent needs Crypto, not Crypto needs AI

It is not Crypto that needs AI to survive, but rather AI Agents that need Crypto to be implemented: when AI truly shifts from "thinking" to "executing," it must seek the boundaries of authority and funding within the programmable primitives of Crypto.

Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments

The use of stablecoins is shifting from facilitating low-cost cross-border remittances to supporting general commercial activities and inter-company vendor payments.

Web3 teams should stop wasting marketing budgets on the X platform

The announcements from the project party are still very important, but they should no longer be the starting point of promotional activities; instead, they should be the endpoint.

Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other

When everyone's bets are placed on the same table, the difference between "structured financing" and "concentrated gambling" may just be a few more arrows drawn on the PPT.

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other

Bitcoin hodlers are starting to nested be in each other.

Key Market Intel on March 12th, how much did you miss out on?

1. On-chain Funds: $29.7M inflow to Hyperliquid today; $30.9M outflow from Base 2. Biggest Gainers/Losers: $DRV, $LYN 3. Top News: US plans to release 172M barrels of oil to curb prices, on-chain pre-market crude oil gains narrow by 4%

Popular coins

Latest Crypto News

12:42

SEC Commissioner Hester Peirce: Currently drafting a narrower exemption provision for tokenized securities innovation

Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission, stated at the Investor Advisory Committee (IAC) meeting on Thursday that the SEC is developing innovative exemption provisions for tokenized securities, but the scope will be narrower than previously discussed exemption pr...

12:42

Slow Fog: ClawHub developers please be aware of phishing and credential leakage risks

The Chief Information Security Officer of Slow Fog Technology, 23pds, issued a reminder stating that ClawHub developers should be aware of phishing and credential leakage risks. Currently, ClawHub relies on developers' GitHub one-click login. Previously, the Sha1-Hulud worm stole a large number of d...

12:42

Vitalik proposed the establishment of a secret voice command silent alarm system to address crimes against cryptocurrency holders

Ethereum founder Vitalik Buterin posted on the X platform, proposing a tool to enhance personal security and provide low-cost protection for civil liberties, which is that everyone should have an easy and "deniable" way to report emergencies.For example, by pre-setting a few secret words, when a wat...

12:42

Data: If BTC falls below $67,864, the cumulative long liquidation intensity on mainstream CEX will reach $1.841 billion

According to Coinglass data, if BTC falls below $67,864, the cumulative long liquidation intensity on major CEXs will reach $1.841 billion. Conversely, if BTC breaks above $74,856, the cumulative short liquidation intensity on major CEXs will reach $752 million.

12:42

Data: If ETH falls below $2,012, the cumulative long liquidation intensity on mainstream CEX will reach $1.263 billion

According to Coinglass data, if ETH falls below $2,012, the cumulative long liquidation intensity on major CEXs will reach $1.263 billion. Conversely, if ETH breaks above $2,219, the cumulative short liquidation intensity on major CEXs will reach $445 million.