The bull case for $PUMP

Pumpfun paying KOLs $30k/month to trade 👀

I have my $PUMP thesis, so lets run it back.
Very simply, its cheap on PE vs $HYPE, revenue is consistent, 50% of revenue hardcoded to buybacks until April 2027, therefore up.

What I want to do here in this article is to show that through my analysis the bullish argument becomes weaker than they look.

https://x.com/arndxt_xo/status/2088702579811483889

https://threadingontheedge.substack.com/p/the-bull-case-for-pump