Spice Trader🇺🇸🌶️

this is pretty bearish for pump (having them command their KOLs to sell solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx to try to dump it, in coordinated fashion, while they try to muscle into the stock pair market, alongside what feels like a really negative/reactionary fud campaign on the timeline) i'm pretty agnostic launchpads/tokens - i'm really just here to make money (infact, i bought + bullposted pump around a month ago) i own pons and stonk too i think @LaunchOnSF (stonk fun) has really carved out a big moat for stock ticker tokens (see the runaway success of zcat, knots). stonk fun has insane revenue (that appears to be growing steadily) has a rapidly deflationary token they launched for cheap with buybacks + burns. it's let people be a part of the success early, offering (from here) very asymmetric upside and has (and this is important, will get to it) good, positive vibes on the timeline, and in the community. on the pump side - it's been an absolute gorilla in terms of owning the launchpad game for well over a year (until pons took a big bite out of their attention), but it's always suffered from big cultural issues solana has been a beneficiary of pump's revenues/fees/activity, but has undeniably suffered quite a bit from culture rot issues stemming from pump, whose launch tech/fee structure benefits them from as many shitters as possible. ie, "turn over as many low mcap toppers as possible and we make the most money". great for their equity holders, great for pump token holders, but a big drag on solana's public image and vibes. (not touching the forehead tattoo stuff, bankrolling people disrupting sporting events, bullying people on the tl, etc) since stonk fun came around and dominated the tl, as people realize the power of stock-paired or memecoin-paired tokens (and reflection/reward tokens), solana has another option in terms hitching their wagon. the vibe is that solana has been held hostage by pump fun's dominance. you can't turn away from your network's biggest fee driving app. but that's changed. i feel like stonk fun has kinda popped the prison door open for solana. based on a ton of strong supportive posts/comms from @solana main, @toly, and other major solana exec leadership (and its biggest projects), it looks like solana took a quick look left and right for a few weeks as stonk fun's fees looked sticky, and ran through that door recently. feel like there's a window of opportunity here for people to get a fresh start here, and solana to get one too. i think pump will continue to do well as a business, and i'll never count them out, but i think the downstream effects of their antics and culture are going to be visible on charts soon, as people vote with their feet, and look for appreciation on the solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx token, which (given fee buyback/burn) will survive whatever underhanded stuff is happening right now