Cantor Fitzgerald initiates coverage on PURR and HYPD with “overweight” ratings and models a 50x multiple on HYPE’s $5B revenue scenario, implying a market cap above $200 billion. Report details growth catalysts and valuation framework.
A whistleblower, who had disappeared for months, came back with 5,000 internal chat messages involving people at Pump.fun, Solana Labs, and Jito Labs. These messages reportedly show how insiders may have gotten their token buy orders processed before normal users during launches.