Here's something interesting: the Pump.fun cofounder holds 10% of this particular token. Not just that — all transaction fees flow straight into his wallet. So yeah, this is essentially his project now.
Missing $ALON at 16k market cap? Same energy here.
In the current community-centric meta, when a founder is this deeply invested with skin in the game, it changes the whole dynamic. The alignment of incentives becomes pretty clear when someone's putting their reputation on the line like this.
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Fren_Not_Food
· 11-29 12:15
Ngl, this is a sign of a rug, right? The founder taking all the fees is really outrageous.
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NotSatoshi
· 11-29 06:00
Isn't this a sign of a rug? Speaking of which, those who got in early are really lucky.
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blockBoy
· 11-28 01:51
10% Holdings, all fees go into one's own Wallet, isn't this just a disguised way of siphoning money?
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RugpullTherapist
· 11-28 00:58
Ngl, this really has the flavor of a personal interest project. If the founders play like this, what is there to talk about regarding the community?
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BrokenYield
· 11-28 00:58
lmao "skin in the game" is such a cope when the guy literally owns the faucet... that's not alignment, that's extraction with extra steps
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MetaNomad
· 11-28 00:54
Ngl, this is a pure play on founder conviction, and the fees all go into their own pockets, which is really hardcore.
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ChainWatcher
· 11-28 00:37
ngl this is just a traditional rug's vest, just a different way of saying it
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RadioShackKnight
· 11-28 00:32
Wow, this is a trap doll, the founder is taking all the fees...
Ever wonder why some tokens just hit different?
Here's something interesting: the Pump.fun cofounder holds 10% of this particular token. Not just that — all transaction fees flow straight into his wallet. So yeah, this is essentially his project now.
Missing $ALON at 16k market cap? Same energy here.
In the current community-centric meta, when a founder is this deeply invested with skin in the game, it changes the whole dynamic. The alignment of incentives becomes pretty clear when someone's putting their reputation on the line like this.