News and analysis on encrypted currencies, Blockchain and decentralized financing

Pump.fun has become one of the leading platforms that launches altcoins.

In fact, to be accurate, the distinctive pump.fun, not cryptocurrency. The symbols launched on Pump.fun are generally specifically Memecoins, and in many cases, SHISCOINS is real, if not worse.

The real difference between Criptovalute and Token

Once, most altcoins were real encrypted currencies, this means local codes from the specific Blockchain (such as Ethereum, XRP, Litecoin, etc.).

Later, some codes were launched MumikoinLike Dogecoin, but with their original Blockchain.

Then the symbols arrived.

The actual codes do not contain its Blockchain, but it is released on Blockchain from another encrypted currency. For example, Shiba Inu is a symbol launched on ethereum Blockchain.

The fact is that launching a new encrypted currency with its Blockchain is definitely complicated, while creating a symbol on Blockchain is already a relatively easy matter.

In fact, Pump.fun made it very easy and economical, to the extent that it has generated a real boom of symbols. If in the previous session of Encryption They were calculated in tens of thousands, and now they are calculated in millions.

Altcoin and Memecoin on Pump.fun

“Altcoin” refers to all cryptocurrencies and symbols that are not Bitcoin. Therefore, codes like Ethereum or Solana are not only located in this category, but also located in Memecoins Crypto like Dogecoin, and all the symbols that are continuously released.

Therefore, it will be incorrect to consider altcoins as a whole, because in reality this category is divided into sub -categories with very different properties from each other. For example, Ethereum is not related to Trump, and vice versa.

To say the truth, it is the most numerous sub -category, that is, the category that has more than the distinctive symbols, is the so -called shitcoin, or symbols that do not serve any purpose. Among these, unfortunately, a good part of all aspects fraudulent symbols.

On pump.fun, SHITCOIN is first launched.

In theory, it is not certain that Memecoins should necessarily consider all shitcoins, to the extent that, for example, Dogecoin also had a great splendor in the past thanks to Elon Musk. However, this does not change the fact that the vast majority of Memecoins is actually Shitcoins, nor does it change the fact that it is still legitimate to have strong doubts about those in theory not.

The idea of ​​the co -founder of Pump.fun: altcoin equally with memecoin

According to Alon Cohen, co -founder of Pump.fun, most Altcoins will have the same purpose from Memecoin.

Written on his personal file in publication In response to the hint in which you changed pump.fun, the Altcoin market cycle.

Cohen states that the error is not with pump.fun, but it confirms that the same playing book from the last session does not seem realistic.

He writes:

“The value proposal is similar to most of these coins that are characterized by a fun pump but with low float, high VDV + high VC bags.”

Then he adds:

“Retail investors have been strongly burned in the last session to return to investment in the future of financing.”

No altseason?

The fact is that many Altcoin holders are waiting, for some time now, in order to appreciate a new real Altseass after several years.

However, this Altseason is struggling to attend.

The hypothesis circulating is that the classic cycle of encryption markets, associated with bitcoin, has been overcome, and that there may be no real season so far.

In fact, after Trump’s electoral victory, there was already a small season, but it was not this real season.

Moreover, it is not certain at all that time has run out, because there are at least another three months until the real Altseason begins.

Certainly, however, the competition between Altcoins is exaggerated, and it is very likely that this capital received through more altcoins compared to the past. For this reason, many expect the current cycle to be different from the past, as it comes to altcoins. Also, because, for example, at one time Ethereum did not have a real competitor, while there is now Solana.

Bitcoin, on the other hand, is a separate issue. He still has no real competitor, and he continues a path similar to what resembles the past, despite being strongly affected by the somewhat unusual direction of the dollar index.