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pump.fun Founder and CTO Token ALON Market Cap Surpasses $17 Million, 24-hour Surge Exceeds 190%

BlockBeats News, June 3rd, according to GMGN market data, pump.fun founder and CTO token ALON's market capitalization has exceeded 17 million U.S. dollars, currently at 17.81 million U.S. dollars, with a 24-hour increase of 191%.


The pump.fun founder previously stated in January that he had taken over the ALON token Telegram group and paid for Dexscreener.

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For pump.fun, Alon's interview was undoubtedly a PR disaster.
pump.fun signed influencer Kimchi, and the同名 token's market cap once surged to $40 million. But a poster with a QR code triggered a chain reaction: the founder deleted the post, the new coin plummeted 98%, the official token fell 70% from its peak, and ultimately retail investors bore the losses.
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