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$PUMP just pumped hard after Ansem’s $1.5M buy. But here’s the Tokenomist view most people might be ignoring: • July 12 unlock: 82.5B PUMP released to Team + Investors (first 25% cliff). The remaining ~247.5B vests linearly daily over the next 3 years until July 2029. • Still a large portion of insider tokens locked • Community allocation (24% of supply) has no vesting schedule yet • Buyback & burn was cut from 100% to 50% of fees back in April • On the other side: $1B+ lifetime revenue, Solana's first app to cross that Before you ape in… DYOR Will the unlocks soak up demand, or can revenue outrun the supply emission?

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