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TechFlow news, July 15 — BitMart Research published an analysis report stating that although Pump.fun was once an industry leader, its $4 billion valuation appears excessive, especially against a backdrop of declining market share and intensifying competition. The PUMP token lacks governance rights, revenue sharing, or utility functions, relying solely on brand effect for support.
BitMart's Research Department released an analysis report stating that although Pump.fun was once an industry leader, its $4 billion valuation appears excessively high, especially against a backdrop of declining market share and intensifying competition. The PUMP token lacks governance rights, revenue sharing, or utility functions, relying solely on brand effect for support.
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