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BitMart Report: PUMP's $4 Billion Valuation Overinflated, Sustained Only by Branding

Summary: In a report released by BitMart's research department, it was pointed out that Pump.fun, despite being a former industry leader, has an overinflated $4 billion valuation, especially in the context of declining market share and increasing competition. The PUMP token lacks governance rights, revenue sharing, or practical utility, relying solely on branding.

In a report released by BitMart's research department, it was pointed out that Pump.fun, despite being a former industry leader, has an overinflated $4 billion valuation, especially in the context of declining market share and increasing competition. The PUMP token lacks governance rights, revenue sharing, or practical utility, relying solely on branding.

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Link: BitMart Report: PUMP's $4 Billion Valuation Overinflated, Sustained Only by Branding [Copy]

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