Ansem Optimistic About pump.fun Becoming a Super App

On October 4, crypto trader Ansem stated that the market has not yet fully priced in pump.fun as it is becoming a Layer 1-like underlying infrastructure, upon which other token issuance platforms can directly build in the future. Currently, the creator fee share paid to token creators by pump.fun is nearly 1:1 with the platform's revenue, meaning that for every approximately $500 million in revenue generated by the platform, token creators can earn about $500 million in creator fees after the token completes its bonding curve phase. This gives the team a strong incentive to build products on pump.fun. Ansem believes that the economic structure of this model may outperform traditional Layer 1s, as pump.fun can earn fees from every layer of token issuance platforms and every type of token they issue. With the launch of features such as custom trading pairs and Callout Rewards, the market may gradually value PUMP in a Layer 1-like manner. Ansem is highly optimistic about the investment logic of pump.fun developing into a super app in this cycle.

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