Pump.fun co-founder says most altcoins serve same purpose as memes
"Expecting the same playbook from last cycle to work again just doesn’t seem realistic," Pump.fun co-founder Alon Cohen wrote on X.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
"Expecting the same playbook from last cycle to work again just doesn’t seem realistic," Pump.fun co-founder Alon Cohen wrote on X.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Knots is trying to fork Bitcoin again after its last chain died in two blocks
Bitcoin Knots is preparing a Sunday rehearsal for a BLAKE2b fork after its previous breakaway BIP-110 chain stalled. On Aug. 29, B...
Deribit moved 90% of client assets to Coinbase, then killed its daily proof-of-reserves check
Deribit will remove its public Proof of Reserves page on Sept. 1, ending a daily check customers could use to verify balance inclu...
Ethena is targeting the $120 trillion Wall Street stock market to hunt yields 5x higher than Bitcoin
Ethena is expanding USDe into equity perpetual-basis trades, targeting funding yields more than five times higher than Bitcoin’s a...
Blockstream Researchers Propose SHRINCS, a Post-Quantum Bitcoin Signature Built to Preserve Block Space
Blockstream researchers published a draft specification on Thursday for SHRINCS, a post-quantum signature scheme built specificall...
One mid-tier Bitcoin treasury just gambled its entire BTC reserve on a single 30-day reset price
PowerCompute, a Bitcoin treasury and mining company, added $3.765 million to its debt after an early Bitcoin collar reset involvin...
How $739B in new US debt could absorb crypto’s liquidity before buybacks even reach Bitcoin
The US Treasury expects to borrow $739 billion from July through September while paying investors to hand back some of its older b...