Meme Coins

Pump=Fun

Dump not so much

Meme Coins are a zero sum game

Meme coins are hot. Hundreds of new coins are being launched each day. Everybody is looking for the next Pepe, Doge or Shiba Inu coin to make huge profits. Any price increase is due to FOMO (fear of missing out) or pump-and-dump. But only a few traders will make some money, the majority will make a loss.

It’s a zero sum game. If you make x100, somebody else makes -99%.

We at Blossom Fund believe that a good project should give a decent ROI for all investors. Not just the smart ones. Everyone benefits from value growth with Blossom Fund!

Pump.fun

Pump.fun is a platform designed to facilitate the quick creation and trading of memecoins on the Solana blockchain. It allows users to launch tokens with minimal effort and cost, making it appealing to those looking to capitalize on viral token trends.

These are the main risks when trading on pump.fun:

The decentralized and anonymous nature of pump.fun makes it an attractive platform for scammers and hackers.
Users are at risk of falling victim to “rug pulls,” where developers abandon a project and leave with investors’ funds.
Smart contract vulnerabilities can also be exploited to steal tokens or manipulate token prices.
Pump.fun tokens are primarily designed for short-term speculative trading, driven by hype and the potential for quick profits.
Investors are exposed to the risk of significant losses if they fail to time the market correctly or fall victim to market manipulation.
The focus on short-term gains often comes at the expense of sustainable project development and long-term value creation.
Due to the combination of the above risks, investing in pump.fun tokens carries a high risk of financial loss.

Web3payments

Web3payments is a professional creator of meme coin websites, including full service initial coin offering payments. They have launched a large number of projects such as: Flockerz, Wall Street Pepe, Meme Games, PlayDoge, DogeCoin20, DogLibre, Pepe Unchained, Crypto All-Stars, Star Chain, Pepeto, Influencer Pepe, Doge2014, Multiverse Monkey, Frenz With Money etc.

After some research in turns out that some of these projects are a scam, some websites have been deactivated and most projects resulted in negative ROI.