My read on the PUMP situation: The founders generated millions in revenue and gave investors exactly zero in return. Now, to cover the optics, they’ll airdrop a worthless token. Not out of generosity, but damage control. A cheap attempt to pacify investors without handing over real equity. Investors won’t see profits. They’ll get a shitcoin. That’s the refund mechanism. And to justify it all, they’ll spin some vague “next Twitch” narrative. The founders don’t care about investors. And they never cared about users.
19,03K