Alon confirmed that $PUMP will have an airdrop, promising rewards to users who have supported the community over the past year and a half, aiming to promote ecological trading volume and long-term development. However, he emphasized that the airdrop will not happen soon, and only less than 5 people know the specific plan, making rumors unreliable. Details and shares will not be disclosed for now, and the issue of selling pressure will be seriously considered. Regarding the $PUMP buyback: Alon stated that the specific details of the buyback plan cannot be disclosed, but on-chain actions will explain everything. Pump.fun has repurchased about 20 million dollars worth of $PUMP, with 550 thousand dollars repurchased in the past 4 days. Regarding the competition with Bonk: Alon believes that the short-term hype and strategy of Bonk have allowed it to surpass Pump.fun in trading volume and market share, but he emphasized that Pump.fun focuses on long-term development, planning to regain its lead by injecting liquidity, supporting an active community, and improving products (such as PumpSwap 2.0 and mobile App). Regarding the meme market: Alon is optimistic about the meme market, believing it has the potential for 10 times or even 100 times growth, but requires a more sustainable growth approach. He mentioned driving ecological development by attracting creators, optimizing the fee structure, enhancing App activity, and live streaming features, emphasizing the need for significant changes to attract new users and maintain long-term vitality.