Ansem is bullish on PUMP, calling it undervalued and suggesting it could break into the top 10 cryptocurrencies by market cap within the next two years.
TechFlame
2026-08-09 12:46
TechFlame2026-08-09 12:46
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TechFlame News: Ansem announced on X that he is starting a round of trade tracking centered around PUMP, with plans to hold from the current cycle bottom all the way to the market top. Ansem stated that his initial entry into PUMP was around $0.001675, and he will now provide updates on his trade progress near $0.002544, with plans to keep tracking until the all-time high and beyond. His investment thesis mainly includes: Pump.fun ranks among the top three platforms in the crypto industry by revenue, holding approximately $2 billion in cash reserves; however, due to market bias against the tokenization model, its current circulating market cap sits at around $1 billion, translating to a price-to-earnings (P/E) ratio below 2.8x.
Ansem believes that as on-chain activity continues to grow—especially with further adoption of mobile applications—Pump.fun stands to benefit. If more retail users participate in new token launches through platforms like Ansem's in the future, $PUMP could see significantly more upside. He predicts that within less than two years, PUMP has the potential to break into the top ten by market cap among crypto assets.