Pump Fun's latest feature update looks good, but I want to emphasize one point — if I were to create a coin, I would prefer to build it from scratch myself. Only then can I put effort into every stage of token distribution to ensure liquidity and holder structure are sufficiently healthy.

The problem is that there are too many projects in the market now playing tricks. From early lock-ups to public sales, there are traces of manipulation everywhere, including supply control, token bundling, and price manipulation. This is why I remain cautious about most ready-made projects. Truly transparent and fair token distribution mechanisms are actually hard to find.