PUMPSTAR (the project name is "bought a star and named it pump") originated from a meme about a team actually buying a star and naming the certificate "PUMP": a memecoin narrative tied to the Solana chain, with stars hung like flags. The community legend is that everyone turns green with a single "Buy the dip!", the mascot gives a thumbs-up, and everyone shouts "go for the moon!". However, there are also discussions about highly concentrated contracts, coin-holding oligarchs, and scam alerts. The popularity and storytelling are strong, and the risk of speculation and being scammed is also significant.