Odaily Planet Daily reports: Ansem posted on X that he will initiate a trading tracker for PUMP and plans to hold from the current cycle’s bottom all the way to the market peak. Ansem stated that his initial entry price for PUMP was approximately $0.001675, and he is now updating his trade progress near $0.002544, with plans to continue tracking until it reaches historical highs or beyond. His investment thesis includes: Pump.fun is among the top three revenue-generating platforms in the crypto industry, with approximately $2 billion in cash reserves; however, due to market bias against tokenization models, its current circulating market cap is around $1 billion, corresponding to a price-to-earnings (P/E) ratio below 2.8x.
Ansem believes that as on-chain activity continues to grow, particularly with increased adoption of mobile applications, Pump.fun will be a key beneficiary. If more retail users participate in new token launches through platforms like Ansem in the future, $PUMP could experience significant upside potential. He predicts that PUMP could enter the top ten cryptocurrency assets by market capitalization within the next two years.