Ansem Predicts Pump.fun’s Token Could Join Crypto’s Top 10 by 2028

Crypto trader Ansem predicts Pump.fun (PUMP) could become one of the 10 largest cryptos by market capitalization within two years.

Ansem said he plans to track the trade from the current cycle's bottom through new all-time highs.

Ansem Builds Bullish Case for PUMP

Ansem's latest forecast builds on his earlier PUMP purchase at $0.001675. He bought the token with 1,500 Solana (SOL), worth about $115,000 at the time.

The trader now argues that PUMP remains undervalued relative to the business behind the token. His thesis focuses on cash holdings, earnings, and the potential for greater activity.

"top 3 moneymaker in crypto, $2B in cash, trades at < 2.8x p/e @ ~$1B circ mcap because of bias against tokenization," he said.

Ansem also pointed to Pump. fun's mobile app as a possible growth catalyst. The trader summarized his longer-term prediction by saying PUMP,

"will be top 10 coin by market cap in < 2 years time."

The trader's earlier PUMP bullish case centered on the expectation that Solana (SOL) could regain a larger share of retail trading activity. The latest thesis adds the platform's financial position and mobile expansion to that argument.

… Continue reading the full article at the original source below.