Pump fun ruined the solana memecoin market

Without a doubt pump fun messed it up even more due to too much dilution cuz of the super easy access to make a coin . When it comes to businesses their first main focus on selling to rich ppl , as it’s easier to do a lot of good for a small amount of ppl compared to a little good for a large amount of people . Prime example is Tesla , Elon Musk started only selling to rich people like the Roadstar for $250000, they sold and then he was able to to go down market one and sell $100000 cars , then after that did well he went lower for working class to afford more easily The issue but blessing at first was that Buying Solana is cheap AF , so it’s already focusing on the masses, but it was controlled better with high cost of creating coins and having liquidity for ppl to use their solana on so there was balance atleast but with pump fun the marketing down went wayyyyy too low too drastically . The model works but with pump fun being super cheap to make coins its messed up the supply and demand by alot ,before it cost minimum 12-15 sol to create a coin , now it costs less than $2 , I even saw pump run say coin creation is free now and you get a bonus of 0.5 sol if curve goal is reached , lol even better , I see why ETH coins have better longevity despite the high gas fees