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TRX $0.3299 +0.36%
DOGE $0.0703 -0.28%
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BCH $217.19 +0.26%
LINK $8.31 -0.12%
HYPE $54.51 +0.23%
AAVE $91.13 +0.55%
SUI $0.6952 +0.21%
XLM $0.1630 -0.91%
ZEC $524.88 +4.50%

Ansem is optimistic about PUMP, stating that it is undervalued and may enter the top ten cryptocurrencies by market capitalization in the next two years

2026-08-09 20:46:10

Ansem posted on platform X stating that he will initiate a trading tracking around PUMP and plans to hold from the current cycle bottom all the way to the market top. Ansem mentioned that when he first invested in PUMP, the price was about $0.001675, and he will currently update trading progress around $0.002544, planning to continue tracking to historical highs or even higher positions. His investment logic mainly includes: Pump.fun is one of the top three platforms in the crypto industry by revenue, with about $2 billion in cash reserves; however, due to market bias against tokenization models, the current circulating market value is about $1 billion, corresponding to a price-to-earnings ratio (P/E) of less than 2.8 times.

Ansem believes that as on-chain activity continues to grow, especially with the further popularization of mobile applications, Pump.fun will become a beneficiary. If more retail users participate in new coin issuance through platforms like Ansem's in the future, $PUMP may have greater growth potential. He predicts that PUMP is expected to enter the top ten of crypto asset market capitalization within less than two years.

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