imo pump will continue to go down until they show they can successfully launch new business lines that grow their TAM memecoin launchpad is not that defensible of a business model and the data is clearly showing it pump benefitted from a good brand and lack of competitors - neither of those is true anymore streaming hasn’t taken off, there’s like 3 streamers on the platform they need to show they can deploy the mountains of cash they have to build new good products as long as that’s not the case the market will continue to show no mercy
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