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![FTPager Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2839418319.png) FT [@FTPager](/creator/twitter/FTPager) on x 1768 followers
Created: 2025-07-18 08:31:43 UTC

$720m private sale + $600m public sale
That's $1.32B raised at $4B valuation
Who's left to buy? Broke trenchers?

Whoever wanted $PUMP bought the presale already. The upside of a $4B valuation was very low to begin with. But even that was based on past revenue numbers which is dwindling fast

$PUMP is like OpenSea if OpenSea launched a token at peak NFT mania valuation of $13B when they raised $300m

But $PUMP didn't even launch at peak memecoin mania. It launched amidst declining dominace; declining revenue; and declining memecoin attention

Yet these silly "KOLs" somehow convinced themselves and others that it made sense for pumpfun to raise 4X what OpenSea raised at peak valuation of $13B

That maths isn't mathing
This was the final extraction and you all made it possible
$PUMP is down only from here


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946125721593639387/c:line.svg)

**Related Topics**
[$13b](/topic/$13b)
[nft](/topic/nft)
[token](/topic/token)
[$pump](/topic/$pump)
[$4b](/topic/$4b)
[$132b](/topic/$132b)
[$600m](/topic/$600m)
[$720m](/topic/$720m)

[Post Link](https://x.com/FTPager/status/1946125721593639387)