As a London-based fintech analyst with a keen eye on crypto trends, I dive deep into whether Pump.fun's staggering $4 billion valuation is justified. With meme coin mania cooling off, the platform's pivot to influencer-driven content and its impressive $7.58B historical revenue raise crucial questions. Through cold metrics and hot takes, I explore if this 'degenerate casino' can transform into sustainable Web3 media - and why Z-generation culture might be its secret weapon.