$ALL 3.62m dyor ASoQZA3Dee2HU34Vwx3b5SAtTaczJtZcyx1T413nDALL okx wallet:web3.okx.com/ul/9dcsMJV?ref=… Hold one token, and collect every launch that comes after it. Every new token launched here takes a cut from its own trading fees and airdrops it to every ALL wallet. This is a launchpad built on Pumpfun. When users launch a new token here, they have to choose a “reward asset” — a tokenized stock, fund, or graduated token. Then, every time that token is traded, its fees are split according to the percentages locked in at launch: One portion is used to buy the selected reward asset for holders One portion buys the newly launched token and airdrops it to all ALL wallets One portion goes to the creator, paid in SOL According to the allocation shown on the official website, 50% goes toward buying stocks for holders, 10% goes toward buying the new token for ALL wallets, and 20% goes to the creator. The documentation also mentions treasury allocations as well as buybacks and burns. As long as people continue launching tokens here, and those tokens continue generating trading volume, ALL holders keep receiving new tokens while the platform token also benefits from buybacks. What people are really buying is: “I own a toll booth on this launch pipeline.” But there’s an obvious caveat: If everything flowing through the pipeline is garbage, then what you collect will also be garbage. So ALL is essentially the membership card. Hold it, and you automatically collect a piece of every future launch that flows through the platform.

$baton 7.7m dyor Hg5Ja55T5wESq4vyFoiVCMeHXtGyVA69X2UHq8hgpump okx wallet:web3.okx.com/ul/Gkq3EI7?ref=… It originated from a tweet Mike Dudas posted earlier. The general meaning was: The team behind Pump has noticed that meme launchpads on other chains are taking away users and trading volume, so they will try to bring as much of that traffic back to their own Pump app as possible. The token Baton here refers to Baton Corporation, the company that developed Pump. The project was originally called Baton in its early days before later becoming the Pump that everyone knows today. So Baton is both Pump’s “former name + the company behind it.” LP is Pump. On one hand, people are playing with the historical meme; on the other hand, they are trying to turn Baton into a mascot.