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Pump.fun sparks debate among analysts about risk and opportunity for streaming tokens

Source: CoinWorld
In September, cryptocurrency KOL used Pump.fun to issue tokens, pushing its market value to tens of millions of dollars. Pump.fun co-founder Alon claimed that the platform's concurrent live streaming volume exceeded Rumble, with market share of 1% of Twitch and 10% of Kick. The platform pays creators more than $2 million in transaction fees every day, with some of them earning more than $64,000 a day. However, critics pointed out that tokens often fall after the live stream is over due to the lack of supply control and long-term value mechanisms.
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