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One thing the memecoin wars have taught us:
There’s no such thing as community alignment or shared values in the trenches.
That whole narrative about cabals and memecoin investors migrating from PumpFun to LetsBonk because they supposedly “valued the community more” was pure nonsense.
All that really matters is liquidity, volume, and distribution.
PumpFun won back its entire market share within weeks, reclaiming its position as the incumbent memecoin launchpad.
All it took was more transparency around buybacks and a commitment to deploying liquidity to their leading memecoin communities (and a few @a1lon9 tweets lol).
The rising market share and trading volume are already showing up in revenue, and therefore in token buybacks, which is creating a strong positive feedback loop.
$PUMP is looking very gud here.