The price of PUMP is now down below the ICO price. What went wrong? And can it recover?
Pump raised $600 million in 12 minutes. Then the token crashed…and sentiment with it.
In this episode, Delphi’s Yan Liberman, Jason Pagoulatos, and Simon Smockey unpack what really happened, from the lack of investor lockups to the underwhelming post-ICO communication, and what Pump must do now to win back the market.
We also get into whether the “everything app” strategy still makes sense, what decentralization means after this cycle, and what tokens can learn from equity markets.