Did $600 million Pump Fun ICO fuel new memecoin season by legitimizing launchpad memes?

Pump. fun’s recent $600 million token sale has reignited debate around the sustainability of Solana’s meme launchpad model, according to a July 16 report by Alea Research titled “PumpFun: Asymmetric Upside or The Final Extraction. ” The report explores whether the PUMP token offers asymmetric upside tied to Pump source: https://cryptoslate.com/did-600-million-pump-fun-ico-fuel-new-memecoin-season-by-legitimizing-launchpad-memes/