Ansem buys PUMP, bullish on it becoming a beneficiary of Solana's retail cycle.

Renowned crypto investor Ansem posted that he bought PUMP when its price rebounded to retest its previous support level, at an entry price of approximately $0.001675. His bullish thesis is primarily based on Pump.fun generating $30 million to $40 million in monthly revenue even during the bear market, and his view that Solana will again dominate retail on-chain activity in this cycle, with Pump.fun likely emerging as a key beneficiary. If Pump.fun launches an airdrop of over 300 million tokens, it could follow the incentive model of Jito and Jupiter in 2023, driving a rebound in on-chain trading volume, user attention, and activity. Additionally, Pump.fun is currently competing with high-profit crypto protocols including Hyperliquid and Polymarket. Ansem also noted that the Pump.fun team holds a large amount of PUMP tokens, which recently entered the unlock phase, and given the platform’s core business of driving retail participation in token speculation, the team has incentives to boost the token’s performance. If PUMP breaks below its previous low of approximately $0.0014, the above thesis will be invalidated.