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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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BitMart Report: PUMP's valuation of 4 billion is too high, only supported by brand effect.
ChainCatcher news, BitMart Research Department released an analysis report stating that although Pump.fun was once an industry leader, its valuation of 4 billion dollars seems too high, especially in the context of shrinking market share and increasing competition. The PUMP Token lacks governance rights, revenue sharing, or practical functions, relying solely on brand effect for support.