Imagine a casino where nearly 100% of customers lose money. Now imagine that instead of acknowledging the odds are stacked against its customers, the casino markets itself as a revolutionary platform for creating wealth. Would you celebrate that business? Would you praise its success? Would you encourage more people to participate? Or would you start asking why an ecosystem continues to funnel billions of dollars into a machine that leaves almost everyone poorer? That’s my fundamental issue with @Pumpfun . A platform’s success should not be measured solely by how much revenue it extracts from its users. At some point, we need to ask how much value it actually creates for them. When the house keeps winning and virtually everyone else keeps losing, that’s not financial innovation. 🫡 From the depths — The White Whale 🐋

$PUMP APP HAS FLIPPED FOMO IN ACTIVE TRADERS 23 October 2026: Number of Pump traders: 61,789 Number of Fomo traders: 55,377 3 months ago Fomo had more than 4x the number of traders $PUMP app had. 31 July 2026: Number of Pump traders: 9,204 Number of Fomo traders: 38,046 ~7x increase in active traders on $PUMP app in the last 86 days. Insane how quickly $PUMP app is growing. I guess no real surprise when they're offering $2.5m in rewards for the squad competition.