{"id":12253,"date":"2025-02-10T12:46:46","date_gmt":"2025-02-10T12:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12253"},"modified":"2025-02-10T12:46:46","modified_gmt":"2025-02-10T12:46:46","slug":"pump-fun-co-founder-tech-altcoins-are-just-meme-coins-with-vc-exit-liquidity","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12253","title":{"rendered":"Pump.fun Co-Founder: Tech Altcoins Are Just Meme Coins With VC Exit Liquidity"},"content":{"rendered":"
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In a 3 February 2025 post, Pump<\/span>.fun<\/span> co-founder Alon Cohen claimed that most tech-focused altcoins offer the same value proposition as meme coins but with significant drawbacks. <\/span><\/p>\n

Cohen said these altcoins have low circulating supply, high fully diluted valuations, and the influence of venture capitalists who often use retail traders as exit liquidity. <\/span><\/p>\n

The comments came <\/span>in response to a social media post.<\/span><\/a> It suggests that Pump<\/span>.fun\u2019s<\/span> meme coin launch platform disrupted the altcoin price cycle. He dismissed the claim, arguing that the platform existed months before the altcoin market downturn in April 2024.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>Top 10 AI Agent Crypto Coins to Buy in 2025<\/span><\/a><\/strong><\/p>\n

Cohen: Retail Investors Were Scarred From <\/span>Last<\/span> Cycle<\/span><\/h2>\n

\u201cRetail was burned too hard last cycle <\/span>to just come back<\/span> to invest in the \u2018future of finance,’\u201d Cohen said. He attributes the altcoin crash to waning enthusiasm from everyday investors. <\/span><\/p>\n

He added that most people with regular jobs are not interested in complex tech narratives but rather in personal fulfillment and the opportunity to make money while enjoying the process.<\/span><\/p>\n

His comments highlight the growing divide between altcoin investors who prioritize technological utility and traders who engage in speculative investing without concern for a project\u2019s long-term viability.<\/span><\/p>\n

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I highly doubt this guy is posting in good faith but I\u2019ll respond to this anyway since there seems to be a lot of confusion<\/p>\n

first of all, pump fun launched in January 2024, not April<\/p>\n

second, pump fun is just a product. It\u2019s a reflection of market demand. If pump fun didn\u2019t\u2026<\/p>\n

\u2014 alon (@a1lon9) February 3, 2025<\/a><\/p>\n<\/blockquote>\n