X @Bankless

Pump defined the memecoin era — but's been shaken out.Despite pulling in $780M over 18 months, the team’s rumored $600M raise at a $4B valuation triggered backlash. Critics questioned why a cash-rich platform needed more capital, especially when little had gone back into the ecosystem.Within weeks, BonkFun flipped it, now holding 81% of launchpad volume, while Zora leads in tokens launched.Here’s what happened.👇~~ Opinion by @davewardonline ~~Trust is the Real TechnologyCrypto runs on trustless systems, but ...