Pumpfun TGE will be another harvest of liquidity in the market. With $600 million in direct fundraising and more than $1 billion in selling pressure, it is as lethal as $Trump.
Remember what happened after $Trump? Sol went down all the way, the conspiracy group accelerated the harvest, and small coins started to fall off a cliff.
If I were the pumpfun team, I would also choose the final cash out. With a market value of billions and such a high circulation rate, it must be cashed out first. -95% will eliminate the bubble before considering whether to trade again.