pump.fun founder and CTO's token ALON market cap surpasses 16 million USD, with a 24-hour increase of over 30%

According to ChainCatcher news and GMGN market data, the market value of ALON token, issued by pump.fun founder and CTO, has surpassed 16 million USD, currently standing at 16.58 million USD, with a 24-hour increase of 30.89%. The founder of pump.fun previously stated in January that they had taken over the ALON token TG group and paid the fees for Dexscreener.