Pump.Fun (PUMP) Drops 25% To New Lows Following Legal Pressure, Airdrop Update
Solana-based memecoin launchpad Pump.fun has made the headlines again after its recently launched token, PUMP, plummeted to new lows. The nosedive follows a recent update on the token’s highly anticipated airdrop and its legal troubles. PUMP Token Loses $1 Billion MC Just over a week after launch, Pump.fun’s official token has hit a new all-time…
Pump.fun Token Surges in Pre-Market—But Whales Are Shorting It, Why?
As the official public sale of Pump.fun’s token approaches, significant activity has emerged across decentralized derivatives exchanges, where large investors appear to be managing risk by taking early positions. Market potential volatility during the token’s initial coin offering (ICO), scheduled for July 12. Perpetual Market Signals Whale Hedging Strategy Three prominent wallets have collectively deposited…