As a DeFi architect with a penchant for dissecting crypto trends, I delve into whether pump.fun's $4 billion valuation holds water. With meme coin mania cooling, can this platform's pivot to 'crypto media' justify its sky-high price tag? From controversial influencers like Gainzy to viral tokens like $chillhouse, we explore the numbers, the narratives, and that nagging question: Is this valuation genius or madness?