The trader known as The White Whale posed a series of rhetorical questions criticizing Pump.fun, asking whether users would trade on an exchange that admitted running an internal market-making desk, effectively trading against its users. The author also accused the platform of luring investors with a promised airdrop that never materialized, and of designing order books with liquidity structures that favored easy liquidations. The author urged followers to refuse trading Pump.fun tokens and promoted rival launchpad Stonkfun as an alternative, arguing it is no longer "Pump or nothing" for meme creators.

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