solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn feels underowned, hated, and left for the dead if you ask me.
I know because I get bewildering comments for anything positive about it on the TL still, given its revenue numbers are substantial and has a lot of new improvements to the business since 2025.
The programmable daily buybacks are a much needed bright spot for the token economic side of things as well.
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Mike Dudas (@mdudas) on why institutional investors can't value tokens like PUMP or HYPE, and why that keeps them cheap:
"A fundamental investor looks at the PUMP, even HYPE, and doesn't understand how to value it."
"It doesn't have the same rights they've seen before. It's confusing, and so these things trade at a discount to what their business fundamentals and prospects should suggest. PUMP significantly, HYPE reasonably."
"In a bear market, that makes sense. In a bull market, provided the business keeps delivering, it reflexively goes the other way."
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