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Posted: 2025-06-08 00:41:19 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-06-08 00:41:30 UTC
Verified By
Rollup News
Pumpfun's potential $1B raise is causing concern within the crypto community (CT), with many fearing it could worsen the onchain conditions for Solana (SOL). Recent trading activity around Elon Musk-related meme coins on SOL, like TAP and AP, saw high volumes but failed to sustain momentum. The upcoming TGE of Pumpfun is expected to exacerbate these conditions, raising questions about the future of SOL's memetic culture.
Potential deterioration of SOL's onchain conditions
Impact of Pumpfun's TGE on SOL's memetic culture
High trading volumes in Elon-related meme coins on SOL
Potential negative impact of Pumpfun's TGE on SOL
Unsustainable momentum of meme coins on SOL
Deterioration of onchain conditions for SOL