{"id":123,"date":"2025-06-05T00:43:57","date_gmt":"2025-06-05T00:43:57","guid":{"rendered":"https:\/\/bitcoscript.com\/article\/retail-fomod-pump-fun-profited-where-did-altcoin-season-go\/"},"modified":"2025-06-05T00:43:57","modified_gmt":"2025-06-05T00:43:57","slug":"retail-fomod-pump-fun-profited-where-did-altcoin-season-go","status":"publish","type":"post","link":"https:\/\/bitcoscript.com\/article\/retail-fomod-pump-fun-profited-where-did-altcoin-season-go\/","title":{"rendered":"Retail FOMO\u2019d, Pump.fun Profited: Where Did Altcoin Season Go?"},"content":{"rendered":"<p>As the crypto community watches for signs of a long-awaited altseason, Ethereum     <a href=\"https:\/\/www.coinspeaker.com\/coins\/ethereum\/\" class=\"coinlive\" target=\"_blank\"><br \/>\n        <span class=\"coinlive__badge\"><br \/>\n            <span class=\"coinlive__ticker\">ETH<\/span><br \/>\n            <span class=\"coinlive__price value-growth\">$2 611<\/span><br \/>\n        <\/span><br \/>\n        <span class=\"coinlive__dropdown\"><br \/>\n\t\t\t            <span class=\"coinlive__row coinlive__vol24\"><br \/>\n                <span>24h volatility:<\/span><br \/>\n                <span class=\"value-growth\">0.6%<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Market cap:<\/span><br \/>\n                <span>$315.13 B<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__hr\"><\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Vol. 24h:<\/span><br \/>\n                <span>$17.02 B<\/span><br \/>\n            <\/span><br \/>\n        <\/span><br \/>\n    <\/a><br \/>\n\t appears to be showing early signs of strength against Bitcoin     <a href=\"https:\/\/www.coinspeaker.com\/coins\/bitcoin\/\" class=\"coinlive\" target=\"_blank\"><br \/>\n        <span class=\"coinlive__badge\"><br \/>\n            <span class=\"coinlive__ticker\">BTC<\/span><br \/>\n            <span class=\"coinlive__price value-fall\">$104 897<\/span><br \/>\n        <\/span><br \/>\n        <span class=\"coinlive__dropdown\"><br \/>\n\t\t\t            <span class=\"coinlive__row coinlive__vol24\"><br \/>\n                <span>24h volatility:<\/span><br \/>\n                <span class=\"value-fall\">0.4%<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Market cap:<\/span><br \/>\n                <span>$2.08 T<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__hr\"><\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Vol. 24h:<\/span><br \/>\n                <span>$25.68 B<\/span><br \/>\n            <\/span><br \/>\n        <\/span><br \/>\n    <\/a><br \/>\n\t, hinting at a potential capital rotation into altcoins.<\/p>\n<h2>The Setup: ETH\/BTC Signals a Potential Shift<\/h2>\n<p>Prominent analyst Micha\u00ebl van de Poppe recently highlighted Ethereum&#8217;s notable strength against Bitcoin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"474\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">It&#39;s interesting to see that <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$ETH<\/a> continues to show strength.<\/p>\n<p>Slowly, but surely, the momentum is changing towards <a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">#Altcoins<\/a>. <a href=\"https:\/\/t.co\/L7PaibpSXZ\" target=\"_blank\">pic.twitter.com\/L7PaibpSXZ<\/a><\/p>\n<p>&mdash; Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1930145537757528446?ref_src=twsrc%5Etfw\" target=\"_blank\">June 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In his analysis of the ETH\/BTC pair, he noted that the pair has held the 0.023\u20130.024 BTC support zone, a key level that had previously served as a must-hold area during downward moves.<\/p>\n<p>Now, the pair is consolidating just below the 0.02884 BTC resistance, a region that acted as a ceiling through much of 2024. More importantly, ETH\/BTC appears to be carving out a bullish structure, forming a higher low after breaking out of a long-term descending channel.<\/p>\n<p>If this structure holds and the pair breaks above the 0.02884 BTC resistance, it could mark a technical trend reversal, potentially triggering the long-awaited altcoin season.<\/p>\n<h2>Pump.fun: The Real Winner of 2024?<\/h2>\n<p>In a cycle where many altcoins have failed to gain serious traction, Pump.fun, a meme coin platform on Solana     <a href=\"https:\/\/www.coinspeaker.com\/coins\/solana\/\" class=\"coinlive\" target=\"_blank\"><br \/>\n        <span class=\"coinlive__badge\"><br \/>\n            <span class=\"coinlive__ticker\">SOL<\/span><br \/>\n            <span class=\"coinlive__price value-fall\">$153.6<\/span><br \/>\n        <\/span><br \/>\n        <span class=\"coinlive__dropdown\"><br \/>\n\t\t\t            <span class=\"coinlive__row coinlive__vol24\"><br \/>\n                <span>24h volatility:<\/span><br \/>\n                <span class=\"value-fall\">0.9%<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Market cap:<\/span><br \/>\n                <span>$80.47 B<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__hr\"><\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Vol. 24h:<\/span><br \/>\n                <span>$2.87 B<\/span><br \/>\n            <\/span><br \/>\n        <\/span><br \/>\n    <\/a><br \/>\n\t, pulled in over $700 million in revenue since launching in February 2024. Insiders say that it may raise up to $1 billion through a public token sale.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"474\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">SCOOP: Sources confirm to Blockworks that pumpdotfun will sell its token at a $4 billion valuation<a href=\"https:\/\/t.co\/Dk8aVTNfeB\" target=\"_blank\">https:\/\/t.co\/Dk8aVTNfeB<\/a><\/p>\n<p>&mdash; Blockworks (@Blockworks_) <a href=\"https:\/\/twitter.com\/Blockworks_\/status\/1929996664129106175?ref_src=twsrc%5Etfw\" target=\"_blank\">June 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>What\u2019s particularly striking is that while most altcoin projects struggle to find liquidity, Pump.fun is thriving off retail FOMO. The frenzy of launching joke coins with zero fundamentals seems to have eclipsed interest in even mid-cap altcoins with legitimate use cases.<\/p>\n<p>This reflects not just a market driven by speculation, but one where virality is more important than utility.<\/p>\n<h2>Blame Game and the Altseason That Never Came<\/h2>\n<p>Some seasoned traders aren\u2019t buying the narrative that Pump.fun &#8220;killed altseason.&#8221; Crypto trader CRG pointed out the irony:<\/p>\n<blockquote>\n<p><i>\u201cBinance makes billions of dollars a year off the back of retail flow, yet everyone hates Pump.fun because they made $700 million.\u201d<\/i><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"474\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I don&#39;t think it is<\/p>\n<p>Ppl blame pump fun for this cycle being shit for altcoins&#8230; even though interest rates are at the highest level altcoins have ever seen<\/p>\n<p>Retail get fleeced every cycle, this isn&#39;t some new phenomena, I don&#39;t like pump fun either but let&#39;s be real, most\u2026 <a href=\"https:\/\/t.co\/axaQ6kYH9d\" target=\"_blank\">https:\/\/t.co\/axaQ6kYH9d<\/a><\/p>\n<p>&mdash; CRG (@MacroCRG) <a href=\"https:\/\/twitter.com\/MacroCRG\/status\/1930185865872982332?ref_src=twsrc%5Etfw\" target=\"_blank\">June 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He also emphasized that gambling and losing is not a new concept in crypto. In his view, platforms like Pump.fun are just a more transparent version of what has always happened, retail traders getting fleeced while centralized platforms quietly rake in profits.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"474\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I don&#39;t think it is<\/p>\n<p>Ppl blame pump fun for this cycle being shit for altcoins&#8230; even though interest rates are at the highest level altcoins have ever seen<\/p>\n<p>Retail get fleeced every cycle, this isn&#39;t some new phenomena, I don&#39;t like pump fun either but let&#39;s be real, most\u2026 <a href=\"https:\/\/t.co\/axaQ6kYH9d\" target=\"_blank\">https:\/\/t.co\/axaQ6kYH9d<\/a><\/p>\n<p>&mdash; CRG (@MacroCRG) <a href=\"https:\/\/twitter.com\/MacroCRG\/status\/1930185865872982332?ref_src=twsrc%5Etfw\" target=\"_blank\">June 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cPerps have caused 10x more loss of capital to retail than Pump.fun,\u201d he added, blaming perpetual futures markets for draining spot market liquidity and discouraging long-term investing in altcoins.<\/p>\n<p>CRG noted that the demand for altcoins is just isn\u2019t as high anymore despite interest levels being extremely high. \u201cInterest rates are at the highest level altcoins have ever seen\u2026 there just isn&#8217;t a bid for them.\u201d In other words, the lack of altcoin season isn\u2019t because of Pump.fun.<\/p>\n<p>It\u2019s because the broader environment, high interest rates, tight liquidity, and economic uncertainty, has no appetite for speculative investments that don\u2019t deliver immediate gratification. If you&#8217;re looking for something with real potential, we recommend checking out our list of high potential meme coins.<\/p>\n<p>next<\/p>\n<p>The post Retail FOMO\u2019d, Pump.fun Profited: Where Did Altcoin Season Go? appeared first on Coinspeaker.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the crypto community watches for signs of a long-awaited altseason, Ethereum ETH $2 611 24h volatility: 0.6% Market cap: $315.13 B Vol. 24h: $17.02 B appears to be showing early signs of strength against Bitcoin BTC $104 897 24h volatility: 0.4% Market cap: $2.08 T Vol. 24h: $25.68 B , hinting at a potential&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[19,20,7,8,21,22],"class_list":["post-123","post","type-post","status-publish","format-standard","hentry","category-altcoin-news","tag-altcoin-news","tag-altcoin-season","tag-cryptocurrency-news","tag-news","tag-pump-fun","tag-retail-fomod"],"_links":{"self":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts\/123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/comments?post=123"}],"version-history":[{"count":0,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts\/123\/revisions"}],"wp:attachment":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/media?parent=123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/categories?post=123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/tags?post=123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}