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Pump lets anyone create coins, giving everyone equal access to buy and sell from the start. Prices can move quickly, so trade carefully.
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Introducing a new concept on pumpfun — group market shorting and group market longing as a coin community. Shortcoin and Longcoin Sharing with you a prompt I've put into cursor: "I want to build a pumpfun memecoin that uses the creator fees to short bitcoin, solana and ethereum and when it takes profits, 25% of the profit is going towards buying and burning the coin itself, and 75% go back into the "portfolio" to reshort again, you decide the positions and the leverages, everything should be managed in a netlify website that shows everyone everything that is happening 24/7 (live)" Then the prompt that came after it, is the same for longcoin. Pumpfun is now a place where memecoin traders can be a part of a trader team and benefit together, kind of like a VC, but public, and belongs to everyone. The agent takes the positions for everyone, longs and shorts, there are long-term and short-term positions. Everything is made using Drift Protocol on Solana, as it is native to Solana and makes it easier to manage positions and shift the creator fees.