PUMP's recent public sale, which raised $500 million in just 12 minutes, underscores the enduring potential of altcoins when backed by compelling narratives. Despite market challenges, the rapid influx of liquidity into PUMP demonstrates that investors remain eager to engage with altcoins under the right conditions. This event suggests that while altcoins may face hurdles, they are far from obsolete, provided they can capture investor interest with strong narratives.