Iggy Azalea launching her own token on Pump.fun, along with the creation of over a million other tokens, could be bad news for investors and the overall market. Pump.fun launched in January, and the website looks poised to generate $265 million in annual revenue, according to DefiLlama data. However, this rapid growth and speculation may not be sustainable and could have negative impacts on whether the overall crypto market bull run continues. 😟