The founder of Pump's live broadcast causes market turmoil, with a Token daily fall of nearly 20%

Recently, the co-founder of pump.fun shared the company's development plans and market views in a highly publicized audio interview. This live broadcast was jokingly referred to by some as the "FOMC" of the cryptocurrency field, due to its potential impact on the market. It turned out that this live broadcast indeed had a significant effect on the coin price: during the broadcast, $PUMP fell by nearly 15%, with a total drop of nearly 20% on that day, and the market value once dropped below $3 billion.

From a public relations perspective, this interview may not have achieved the expected results. The founder's vague responses to several key issues have raised market unease.

Overview of Live Broadcast Main Content

About $PUMP airdrop

The founder stated that the company will fulfill the previously promised airdrop plan, but the specific implementation time has not yet been determined. He emphasized that currently, there are no more than 5 people who truly understand the details of the airdrop, so various rumors from the outside are not credible. Regarding the airdrop shares, the founder did not disclose specific numbers, only stating that it would "live up to the community."

About $PUMP buyback

The founder did not explicitly respond to whether the company would continue to buy back $PUMP from the open market, but stated that the company's on-chain actions would provide the answer. He revealed that since the Token issuance, the company has repurchased approximately $20 million of $PUMP, and in the recent 4 days, it has repurchased about $550,000.

Responding to competition and market development

In the face of the rapid rise of competitors, the founder emphasized the company's long-term development strategy. He believes that to achieve 10-fold or even 100-fold growth in the industry, substantial changes are necessary. The company plans to regain its market leadership by supporting existing communities, improving products, and launching mobile applications.

The founder also stated that the company is developing PumpSwap 2.0, which will introduce a brand new fee structure to incentivize more creative teams to join and build in the long term.

Market Reaction and Analysis

This live broadcast seems to have failed to alleviate investors' concerns and may have instead intensified market uncertainty. The significant fall of $PUMP reflects investors' doubts about the company's future direction.

Some analysis suggests that the founder's vague responses on several key issues, such as airdrop timing and buyback plans, may have deepened the market's sense of distrust. Especially in light of the company having raised a significant amount of funds, investors are expecting to see more specific and robust action plans.

In addition, the founders' choice to stream on a third-party platform instead of the company's own platform has also raised some questions.

Conclusion

This live streaming event highlights the high sensitivity of the cryptocurrency market and the key role of effective communication in maintaining investor confidence. For pump.fun, which has already raised a significant amount of funds, how to better communicate with the market and rebuild investor confidence will be an important issue in the near future. The company may need to reassess its public relations strategy to interact with the community in a more transparent and specific manner to regain market trust.