PUMP ICO by Pump.fun Faces Skepticism as Revenue Tanks – Buyer Beware?

Another day, another crypto project begging for trust while the numbers tell a different story. Pump.fun’s PUMP token launch should’ve been a victory lap—instead, it’s a cautionary tale.

Revenue in freefall? Check. Community side-eyeing the project? Obviously. Let’s break down why this ICO smells like desperation.

Numbers Don’t Lie (But Teams Might)

When revenue drops faster than a meme coin’s liquidity, even the slickest marketing can’t paper over the cracks. Pump.fun’s promises now face the ultimate stress test: a bearish crowd with sharpened pitchforks.

Trust is earned in bull markets and burned in bear markets—welcome to crypto’s brutal accountability phase. Maybe next time, build before you hype.

ICO Structure Raises Eyebrows

The $PUMP token sale is off-limits for users in the U.S. and the UK because of regulatory concerns. During the ICO, 33% of the total supply of 1 trillion tokens will be sold. Moreover, 20% is set aside for the team, 13% for investors, and 24% for boosting the ecosystem. This only leaves 10% for liquidity and development efforts. This setup has raised some eyebrows regarding centralization and the token’s future utility.

Moreover, Pump.fun co-founder Alon Cohen claims the ICO model is the best way to align communities. He believes it empowers believers with real skin in the game. However, others argue the platform’s declining revenue suggests waning user engagement.

this vision is ingrained in the $PUMP token launch.

we decided to return to tradition by launching $PUMP through an ICO. ICOs have proven to be the best mechanism to quickly distribute tokens amongst a really wide audience who are genuinely aligned with the project. it empowers…

What’s Next for $PUMP?

Within 48–72 hours after the sale ends, $PUMP will become tradable. An airdrop is also in the pipeline. Hence, momentum may shift quickly. Cohen has insisted the team to aim to compete with Facebook, TikTok, and Twitch—on Solana. Still, whether the project can meet such bold promises remains to be seen.

Also Read: Pump.fun Buys Solana-based Copy-Trading Wallet Tracker Kolscan