how’s pumpfun still not taken seriously as a real business?

$370m worth of PUMP burned and 50% of net income now set to buy back and burn for the next year.

how many actual consumer crypto products are even making enough money to do that in the first place?

the team said the burn covers all previously repurchased tokens, about 36% of circulating supply, and that the new mechanism will route half of net income from its core product lines into open market buybacks through an irreversible smart contract.

that’s why i’m honestly more in favor of the model than most people want to admit.

not because pumpfun is morally pure but because crypto keeps pretending fundamentals are the story when culture has been the real product for a while now. pumpfun tapped directly into that. instant coin creation, instant distribution, instant speculation, instant attention.

one of the only products that matched how this market actually behaves instead of how people on here keep pretending it behaves. Bloomberg described it as one of the biggest drivers of memecoin growth on Solana, and multiple 2026 reports say it has already crossed $1 billion in cumulative revenue.

the part people miss is that consumer crypto almost never makes real money.

pumpfun built a product people actually used, even if what they used it for was peak brain rot. then it monetized that behavior better than most of the sector monetizes anything. if crypto still lacks clean fundamentals, why would the winning products not be the ones that turn speculation itself into the business model instead of fighting it?

people can hate that, but the market kept paying for it anyway. so is the real problem pumpfun, or the fact that one of the few products with actual revenue finally exposed what this industry’s strongest consumer use case still is?