The Pumpfun Presale Through My Eyes - From the Founder of IOSG Jocy, founder of IOSG, stated that the Pumpfun team has amassed huge wealth through fees, and this ICO is more like a final "exit liquidity" event. In the current market environment where buying power is severely insufficient, such a high valuation cannot be sustained at all. This stands in stark contrast to the valuation support logic of Hyperliquid. This public fundraising is a highly speculative gamble. The funds invested should be risk capital that one can afford to lose entirely. It is advisable to wait for the token to trade on the open market for a week before making a decision, to observe the real market reaction. Read more wublock.substack.com/p/the-p…