Alva - Your AI Investing Agent

Tulip King

Head of Strategy at CounterpartyTV, Crypto Investor

14 Sep, 23:23Latest

Memecoin launchpads such as Pump.fun face a race to zero, because rival Stonk is using its fees to pump its top tokens, a genuinely good idea others will copy. A launchpad's core product is tokens that go up, so winning comes down to who sacrifices more revenue to its ecosystem, compressing margins and lowering the valuation ceiling for the whole group. That helps explain why Pump.fun and PONS are down, and makes ecosystem tokens better bets than launchpad tokens. x.com x.com x.com x.com x.com x.com x.com x.com x.com x.com

PUMP

4 Sep, 03:11

Memecoins are here to stay as an emergent property of permissionless capital markets, so the memecoin infrastructure stack, including pump.fun and PONS, needs to reprice to more favorable multiples. Uniswap V4 hooks and stock pairings open room for further experimentation. x.com

PUMP

Rune

On-Chain Yield Investing

17 Sep

PUMP

Pump.fun is losing memecoin launches to competitors, which weighs on PUMP. Since $ansem, Pump.fun has not had a single $100M runner, while rival launchpads have had 10+, including PONS to $900M, AI to $400M, STONK to $330M and CASHCAT to $300M, some of them on Robinhood Chain. People are no longer interested in Pump.fun, and it failed to pick up the momentum from the $ansem coin. x.com x.com x.com x.com

Rand Group

Crypto Trader & Investor, Building RR2 Capital, Early-Stage Investing

21 Oct

SOL

Solana is harder to fade because StonkFun's launchpad generated over $20 million in revenue in the last 30 days. SOL price action should follow. x.com

Alan Rogers

Full-Time Crypto Trader

1 Jun

PUMP

PUMP is ironically cheap, sitting at all-time lows even though Pump.fun is the most used launchpad in crypto. It generates millions in daily fees, and every memecoin season runs through it. x.com

doug funnie

Crypto Trader

19 Sep

SOL

Solana is set to gain a trust premium as Stonk Fun becomes the chain's runaway driver of activity, fees and revenue. Copycats have failed to match it, its tokenomics reward holders and small traders, and it diversifies Solana's fees. Solana and its platforms have tens of billions of dollars to deploy, and onchain volume is only 5-10% of bull-market levels. With disinflation and fee-burn proposals passed, and maybe new RWA or DePIN traction, SOL has a real chance of nearing $1K in a blowoff. … Show more

Joestar

Crypto Analyst, DeFi Analytics Tools Builder, Perpetuals & Tokenization

7 Aug

PUMP

Pump.fun has squandered its edge, leaving PUMP a disappointing token. The bull case rested on how much the platform earns and its moat around communities, but the team kept shipping trendy features that will die within months instead of building trust, sustainable features and a social layer. Now the rival app Fomo is gaining ground, which Pump.fun deserves. The team is not scamming; it is mismanaging something that has grown too big for its old approach. x.com x.com x.com

eye zen hour

Web3 Founder of Exponential/Lofi, Trader & Writer

27 May

PUMP

Pump.fun's PUMP token has likely bottomed, because its revenue and buybacks are out of line with a price near all-time lows. Pump.fun earns over $1 million a day in fees, has burned about $370 million of bought-back PUMP, roughly 36% of circulating supply, and says it will buy back and burn at 50% of revenue for a year. As with HYPE, the market is deciding revenue matters, and the team keeps shipping. The weakness may reflect VC unlocks or OTC selling; a coming unlock looks partly priced in. … Show more

Aylo

Crypto Researcher, Founder of Alpha Please

14 Sep

PUMP

Pump.fun's team keeps giving PUMP holders the bare minimum, now cutting buybacks after turning on holder rewards so no revenue leaks. Per @Pickle_cRypto, buybacks fell from 100% to 50% for months and are now under 40%. With seemingly about $2B in cash already, the team is signalling it does not see the token as undervalued. It has repeatedly dumped its SOL, only ships or adjusts when a competitor forces it, and has never shown an example of giving back to its community. x.com x.com

Bitman

Founder of BITMEN, Crypto Research

27 Sep

The U token looks undervalued below $300K given its launchpad ecosystem, where the GPU token reached $1M. uTokenPro, powered by unipegv4, lets anyone launch tokens linked to onchain data that start on a bonding curve and graduate to a Uniswap v4 pool. Per the project, 35% of fees from the new µToken ERC-20 will fund U buybacks and burns, with deployment planned across major EVM chains including Base and Hyperliquid. It is still early. x.com x.com x.com

Aylo

Crypto Researcher, Founder of Alpha Please

15 Oct

JUP

ENA

Few new hyped token launches are crypto's most bullish feature, concentrating bids in good, fixed-supply tokens without VC scams that buy back supply. Unlike mega equity IPOs and a lack of hyperscaler buybacks, good crypto is structurally healthier than equities, with fewer headwinds and better risk/reward as tokenization stays a dominant theme for the next few years. A correlation shock remains possible, but crypto could recover fastest afterward; this is not the time to turn bearish. x.com

doug funnie

Crypto Trader

17 Aug

ANSEM

ANSEM is the only memecoin of the past 18 months with any kind of moat, making it interesting and still relatively cheap in a bear market. Ansem has staked his reputation on the eponymous token, unlike anonymous new launches that get dumped to zero. His z500 onchain index lets teams airdrop supply to holders and buy and burn ANSEM to climb the leaderboard, creating rent collection amid the carnage. Even a rug would need a proportional amount of ANSEM bought and burned, which benefits holders. … Show more

Ask Alva about this thesis

Ask Alva about this thesis