$PUMP is presented as benefiting from the altpair narrative on Solana, with the post arguing that Pump.fun has an interest in baton representing altpairs and that pushing it above zcat could help capture the segment. The attached post says Custom Pairs have removed about 0.33% of $PUMP’s circulating supply (roughly $5.9 million) since launch, and estimates about 3.35% of the current float annually if activity stays flat.