Pump.fun: Price predictions and... why?

Alright, so Pump.fun launched some AI thingamajig called "Mayhem Mode." Let's be real, the name alone screams desperation. Are we really supposed to believe that sprinkling some AI fairy dust on a mountain of meme coins is going to magically fix everything? Give me a break.

The "Meme Minting Factory" Meltdown

Pump.fun, bless its heart, calls itself the "meme minting factory" of Solana. Cute. But even factories have quality control issues, right? Apparently, Pump.fun's been churning out meme coins like there's no tomorrow, racking up impressive revenue. But the PUMP token? Tanking. Downward spiral. Pick your favorite doomsday metaphor.

They tried to fix it with buybacks. $170 million worth! That's real money. But the PUMP token price still looks like it's auditioning for a limbo contest. So, naturally, the next step is AI. Because that fixes everything, right? Slap "AI" on anything and suddenly it's worth a fortune. Offcourse, that's how it works...

This "Mayhem Mode" is supposed to be AI agents trading new tokens, injecting liquidity, and generally stirring the pot. Sounds exciting, right? Except, surprise surprise, it launched with more bugs than a cheap motel. Minting excessive tokens, draining creator funds, locking user funds... It's like they tried to make it a disaster.

One meme KOL, Pepe Boost, said it best: "In actual observation, there is no more trading volume than ordinary tokens." Ouch.

The Bot Bubble and the Meme Coin Apocalypse

Here's the thing: maybe the problem isn't Pump.fun. Maybe the entire meme coin market is circling the drain. We're talking about digital assets based on jokes. JOKES! How long can that possibly last?

PANews did some digging and found that bot trading makes up over half the trading volume on Pump.fun. Half! So, is it a vibrant ecosystem or a highly sophisticated bot farm? I know which way I'm leaning. A $170 million buyback and AI features are insufficient to mask Pump.fun's downward trend, hampered by the meme cycle.

And let's not forget Solana. Remember when everyone was screaming about Solana being the "Ethereum killer"? Now, active wallets on Solana are hitting 12-month lows. Not a good sign for your meme coin empire.

Speaking of empires, I gotta vent about something completely unrelated for a second. My internet provider is throttling my connection again. I swear, every time I try to stream a movie, it buffers like it's 1995. Anyway, back to the meme coin apocalypse...

So, yeah, Pump.fun is trying to stay afloat with AI gimmicks and massive buybacks. But it feels like rearranging deck chairs on the Titanic. Or, maybe a more apt metaphor, it's like trying to put out a grease fire with gasoline.

Is There Any Hope? (Probably Not)

Look, I'm not saying meme coins are inherently evil. Some people make money. Some people get lucky. But let's not pretend it's anything other than gambling. And when the house starts rigging the game with buggy AI and questionable tokenomics... well, the odds are even worse than you thought.

Maybe I'm being too harsh. Maybe there's some genius plan that I'm missing. Maybe this "Mayhem Mode" will evolve into something amazing. Maybe pigs will fly.

This Ship's Going Down

Honestly, it feels like Pump.fun is just the fanciest cabin on a sinking ship. They can launch all the AI features they want, but it won't change the fact that the meme coin bubble is about to burst. And when it does, it's gonna be messy.