Pumpfun代币发射面对加密助攻：十亿美元的赌博？

Pumpfun雄心勃勃的代币发行，旨在提高1B美元，估值4B美元，这引起了法律挑战和社区怀疑论的争议。是创新还是现金抢购？

Pumpfun Token Launch Faces Crypto Backlash: A Billion-Dollar Gamble?

Pumpfun代币发射面对加密助攻：十亿美元的赌博？

Pump.fun's plan to launch its own token, aiming for a $1 billion raise and a $4 billion valuation, has the crypto world buzzing. But is it a game-changer or a sign of something else? Let's dive in.

pump.fun的计划推出自己的代币，旨在提高10亿美元的加薪和40亿美元的估值，引起了加密世界的嗡嗡声。但这是改变游戏规则还是其他的标志？让我们潜水。

A Billion-Dollar Dream (or Scheme?)

十亿美元的梦（还是计划？）

Pump.fun, fresh off raking in over $742 million since January 2024, wants to raise another billion through its token launch. The idea is to offer revenue sharing to token holders, a slice of the profits from the platform's 1% buyback mechanism. Sounds good, right? But some folks are scratching their heads.

自2024年1月以来，Pump.Fun的新鲜收入超过7.42亿美元，他希望通过其代币推出再筹集10亿美元。这个想法是为代币持有人提供收入分享，这是该平台1％回购机制的利润。听起来不错，对吧？但是有些人在挠头。

Too Late or Too Greedy?

太晚还是太贪婪？

Critics are questioning the timing and structure of the token launch. As one crypto trader put it on X, "They've made already hundreds of millions. Why are they asking for another billion?" Others feel like the revenue sharing should've been introduced months ago, suggesting this is a FOMO-driven cash grab.

批评家正在质疑令牌发布的时间和结构。正如一位加密货币交易员在X上说的那样，“他们已经赚了数亿美元。他们为什么要再要求十亿美元？”其他人则觉得收入分享应该是几个月前引入的，这表明这是FOMO驱动的现金抢购。

Delays and Doubts

延误和怀疑

The token launch has been postponed multiple times, now slated for mid-July. This isn't the first delay either, fueling suspicions about the team's motives. Are they stretching things out to boost valuation and interest?

令牌发布已被推迟多次，现在定于7月中旬。这也不是第一个延迟，引起了对球队动机的怀疑。他们是否正在扩大事情以提高估值和兴趣？

Mass Adoption or Master Exit?

大规模收养还是大师退出？

Back in October 2024, Pump.fun's co-founder talked big, aiming to build something bigger than Binance and bring crypto to the masses. The platform boasts over 1 million active wallets, but here's the kicker: only a tiny fraction of users are actually making money. This raises serious questions about the ecosystem's sustainability, especially with a new token on the horizon.

早在2024年10月，pump.fun的联合创始人就聊了大，旨在建造比bina​​nce更大的东西，并将加密货币带入大众。该平台拥有超过100万个活动钱包，但这是踢脚：实际上只有一小部分用户在赚钱。这引发了有关生态系统可持续性的严重疑问，尤其是在新的代币中。

Legal Troubles Mount

法律麻烦安装

Pump.fun's not just dealing with community skepticism. The platform is facing a class-action lawsuit, accused of operating as an unregistered securities exchange and manipulating token prices. Max Burwick, founder of Burwick Law, called it "a modern pyramid scheme dressed as a viral meme economy." Ouch.

pump.fun不仅在处理社区怀疑主义。该平台面临着集体诉讼，被指控作为未注册的证券交易所运营和操纵令牌价格。 Burwick Law的创始人Max Burwick称其为“一种以病毒模因经济为发生的现代金字塔计划”。哎哟。

Adding to the woes, Pump.fun's X accounts were briefly suspended, fueling rumors of regulatory intervention. The legal pressure is mounting, and the platform's future hangs in the balance.

除了灾难外，泵。法律压力正在加剧，平台的未来悬而未决。

The Verdict?

判决？

Pump.fun's token launch is shaping up to be one of the most talked-about—and controversial—events in Web3 this year. With a presale goal of raising at least $500 million without vesting, it's either a bold move towards decentralization or a well-orchestrated exit strategy. As the mid-July auction nears, investors and community members have a tough call to make.

Fump.Fun的代币发布正在成为今年Web3中最引人注目的和有争议的事件之一。在不归属的情况下筹集至少5亿美元的预售目标，要么是朝着权力下放的大胆行动，要么是经过精心策划的退出策略。随着7月中旬拍卖的临近，投资者和社区成员有一个艰难的呼吁。

So, is Pump.fun's token launch a golden ticket or a ticking time bomb? Only time will tell. But one thing's for sure: it's gonna be a wild ride. Remember to always do your own research before diving into the crypto craziness!

那么，pump.fun的代币是发行金票还是滴答时间炸弹？只有时间会证明。但是可以肯定的是：这将是一个疯狂的旅程。请记住，在潜入加密疯狂之前，请始终进行自己的研究！