I think the main issue with this way of thinking is the context of the “rewards” pump is giving
Yea no shit anyone can become a better trader and eventually become a KOL
I think where my perspective differs is when pump tries to act as if they’re “rewarding” users through ways like a huge prize pool competition that’s clearly a facade
A competition of this scale not only allows the most egregious extractors to team up, but it also encourages AGGRESSIVE PROFIT TAKING.
There are now teams of the most prolithic PVPr’s forming and I can’t even blame them. Pump is ENABLING this
“The rich get richer” was never supposed to be the point of memecoins. It was tailored for the little guy
This isn’t onboarding. It’s just a huge waste of money. There is no incentive for someone on rainbet for example to waste their money on what has now become another casino named Solana, ESPECIALLY with how negative CT as a whole is right now, not to mention pumps monthly volume dropping sub 400 mil
The cons outweigh the pros. Massively.
Unfortunately, the only way to force change IS to complain.
After reading this you may still see it differently but this is the cold hard truth
- I think the main issue with this way of thinking is the context of the “rewards” pump is giving Yea no shit anyone can become a better trader and eventually become a KOL I think where my perspective differs is when pump tries to act as if they’re “rewarding” users through ways like a huge prize pool competition that’s clearly a facade A competition of this scale not only allows the most egregious extractors to team up, but it also encourages AGGRESSIVE PROFIT TAKING. There are now teams of the most prolithic PVPr’s forming and I can’t even blame them. Pump is ENABLING this “The rich get richer” was never supposed to be the point of memecoins. It was tailored for the little guy This isn’t onboarding. It’s just a huge waste of money. There is no incentive for someone on rainbet for example to waste their money on what has now become another casino named Solana, ESPECIALLY with how negative CT as a whole is right now, not to mention pumps monthly volume dropping sub 400 mil The cons outweigh the pros. Massively. Unfortunately, the only way to force change IS to complain. After reading this you may still see it differently but this is the cold hard truth
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