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Exploring the Potential of PumpSwap & Liquidpump: Insights into Its Connection with PumpFun


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In the fast-moving world of cryptocurrency, new tokens and platforms appear every day, each vying for Attention in a competitive Economy. Among these are PumpSwap & Liquidpump - created by the mysterious SamA - and generating significant interest due to its suspected ties with the established Platform, PumpFun. This post dives into the possible connection that their community has unearth.


What is PumpSwap DEX?


PumpSwap is a decentralized exchange (DEX) designed to make cryptocurrency trading straightforward and secure. Unlike traditional exchanges, which require a centralized authority, PumpSwap allows users to trade directly with each other. This peer-to-peer model offers numerous advantages, including:


  • Increased Privacy: Users can trade without revealing personal information.

  • Reduced Fees: Lower transaction costs enhance profitability for traders.

  • Enhanced Security: The decentralized nature reduces the risk of hacks.


Decentralized exchanges have gained traction as distrust in centralized financial systems grows, especially following incidents such as the 2020 KuCoin hack, where over $280 million worth of cryptocurrencies was stolen. PumpSwap aims to seize this growing trend with a user-friendly platform prioritizing security and ease of use.


The Genesis of PumpFun


To understand PumpSwap's potential, let's take a look at PumpFun. Known for innovative, fun, and community-driven projects in cryptocurrency, PumpFun attracts a vibrant community that fosters user engagement through unique experiences. Its involvement in charitable initiatives and community events has been a hallmark of its operation, helping to build a loyal user base.


The question remains: does PumpSwap DEX carry forward any of PumpFun’s spirit, or does it forge its unique identity?


The Connection Between PumpSwap, Liquidpump and PumpFun


Speculation abounds regarding the ties between PumpSwap, Liquidpump and PumpFun, particularly concerning their connections with Pumpfun's development teams.


Here are some key findings (from the Pumpswap community):


  1. It all started with a video. https://x.com/i/status/1926617302063050845 Timestamp 9/12/24, a video confirming stealth launches. With PumpSwap being a DEX, and Alon being a “grassroots” type of person it makes sense to let a community build under a governance coin.

  2. With the implementation of the Pumpswap DEX, the token $Pumpswap was almost immediately added to the list of tradeable tokens.

  3. It’s tough to link a “first coin” because every coin made when implemented ported over to it. But what made this $Pumpswap unique is its description.

    pump.fun/coin/GMk6j2defJhS7F194toqmJNFNhAkbDXhYJo5oR3Rpump. We will return to the description later.

  4. When Pumpswap’s Dex launched it boasted

    1. 0 migration fees

    2. Creator Revenue Sharing

    3. More liquidity for tokens

    But strangly enough it didn’t announce an official DEX protocol token. Which strengthens a “stealth” launch.

  5. When $Pumpsway was created the creator “Sam A” sold his holding and had busted links to X and TG leaving just one comment “Try to hold this coin”

  6. Amongs the first wallets that were notable, one was potentially connected to WinterMute: wallet id: EqMCsDzEmjujoiSDxoHL1zjNAAyZbmRUDtiHw2dowjVE

  7. The Description of $Pumpswap on the Pump.fun site has been allowed without objection from the Pumpfun team. Usually, a coin falsely stating to be Pumpfun's governance token would not be tolerated. The fact that no one from Pumpfun has denied it may be a piece of evidence itself.

  8. $Pumpswap was also at the top of the google.com search bar when searching Pumpswap and strangly became second place when PumpFun added a subdomain swap.pump.fun. This clearly shows that PumpFun knows about $Pumpswap to the point that a subdomain was added to put them back on top of the google search results.

  9. This Coin also has the Clear Green Checkmark on Solscan.io a big deal when dealing with coins. There are multiple MultiMillion dollar coins out there that do not have that.

  10. When $Pumpswap came off of bonding, March 20th the coin bonded WITH instant migration. The first coin on the DEX to do that AND on the date Pumpswap’s DEX was launched! Coincidence?


Lets talk about Phantom. A very popular wallet in all major chains of Crypto. When released it had the following description:


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It had this description without being Jupiter Verified and strangely enough they took the description off from Phantom which suggest a human intervention.


Sam A also broke silence in the Pumpfun thread on the 26th of April saying “More updates soon hold to change your financial status.” showing he was still very much involved with the project. Around the 23rd of May SolScan was updated. The Picture was changed, the TG and X links were changed as well. Which is also very bullish for this coin because this was more than likely done to help with listing on Major sites.


With all this, Dexscreener remains unchanged. It still links to everything in the

community. This tells us that they are going to have official channels but the community will still have their role.


On the 8th of June SamA posted another comment on the pump.fun thread saying“If you're a holder, stay tuned”.


Why $Liquidpump?

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It was rumoured that Pumpfun would launch a governance token for Pumpswap DEX on the 17th of June. On this same date Pumpfun's X account got suspended causing a general panic in the Solana world of Memes. Pumpfun did not officially announce the launch of a new token but who launched a new token? None other than our friend SamA!


There is still little known about the reasoning behind the creation of this second token and how it all connects. The discription gives us the purpose and how it will support Pumpswap but was it needed? We can only speculate.


Special note: kudos to the $Pumpswap Community! I have been observing them since the 2nd day of the $Pumpswap launch and they are true to their convictions, great fun and TRUE diamond hands!

 
 
 

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