Freedom & Responsibility

Have you seen the craziness happening on pump.fun lately, talked about it in the past but I have come to realise how beautiful, harmful and ironic the crypto space can be. Pump.fun is a place where people can create any token and it gets pumped and you have a lot loads of memecoin token in your wallet. If you are the dev and you believe in the future of the token, you can purchase some of it yourself and Hodl, if you are lucky, the token could hit huge milestone and there you go, you have made generational wealth. It’s easy to create a meme coin on pumpfun but it’s not easy to create a successful memecoin that people would be interested in buying.

Nothing is special about memecoin your memecoin just has to be outstanding and unique enough for people to want to trade it and give it value. So how do people do that? No one knows, we have seen that some of these memecoins that became successful where linked to a trend and the community behind it helped spread the word. Now we have seen a lot of people do ridiculous trying to make their memecoin trend so they can make money too. It’s easy because pump.fun has made it easy to do so. But all of a sudden lots of people have a lot of not so nice opinion on memecoins. Like how it’s too accessible to any on that can potentially rug it’s community.

Is it okay when corporate platforms like Binance or Coinbase promote certain tokens or memecoins even though some of these tokens and memecoins don’t care about their community. Look at projects like Starknet, ZKSYNC and scroll that had their community spending money on activities and yet making them ineligible for airdrop, but Binance willingly listed them because they had a lot to benefit from it. Freedom comes with responsibility, anybody should be allowed to do what they like but they should be responsible for whatever way it ends. Pump.fun is a pure gamble platform anyone going there to trade is purely gambling and they know this.