BTCC
/
BTCC Square
/
Global Cryptocurrency
/
PUMP Token Holders Bet on Revenue Share Despite No Formal Claim
PUMP Token Holders Bet on Revenue Share Despite No Formal Claim
21
2
BTCCSquare news:
Investors in Pump.fun's PUMP token face a paradoxical situation: having funded the platform's $2 billion treasury, they now rely on voluntary buybacks rather than contractual rights. The token's 16x market cap multiple assumes perpetual revenue recycling—a fragile thesis for an asset with no inherent claims.
Crypto Twitter buzz highlights the speculative nature of this arrangement, where trust substitutes for governance. Unlike traditional IPOs granting equity stakes, PUMP's value hinges entirely on Pump.fun's discretion to repurchase tokens—a design choice that may prove unsustainable during market downturns.
By:
Previous
Together AI Hosts OpenAI’s GPT-OSS Models to Democratize AI Deployment
Next
Rivian Widens 2025 Loss Projection Amid Policy Headwinds
