BlockBeats News, August 9th, Crypto KOL Ansem's latest post stated that the price of PUMP was $0.001675 at the time of his first post, and now it is $0.002544; he predicts that PUMP will return to its all-time high and continue to rise.

Ansem's investment thesis is that PUMP is one of the top 3 most profitable projects in the crypto industry, holding $20 billion in cash; due to market bias against tokenization, its circulating market cap is around $10 billion, corresponding to a PE ratio of less than 2.8. Meanwhile, on-chain activities will further benefit PUMP.

He believes that if the tokens issued on its platform bring leading returns to retail investors in the next cycle, the spread of the mobile app will provide additional momentum. Ansem predicts that PUMP will enter the top ten cryptocurrency market cap in two years.