I think Pumpfun's ability to feed on the market is limited Not only does Bonk surpass Pumpfun More importantly, this thing is essentially just a tool for issuing coins The biggest difference between Blur and NFT at that time is Blur directly tied up the NFT ecosystem The ultimate collapse of the entire NFT market is essentially a rejection of NFT's low liquidity issuance method But regular coin issuance has existed since the existence of the cryptocurrency circle Token cannot die in this form The way or topic of issuing tokens will continue to evolve As for the valuation of 4b I think it's too high Because it is obvious that the founder of Pump did not have the ability to build an ecosystem The so-called public chain expectation is more just a pie for shipment A project at its peak did not build its own ecosystem Do you believe that we can successfully build an ecosystem during low periods?