Pump.fun Private Sale Investors Send over $160M to Exchanges

Pump.fun Sell-Off Sparks Alarm As Early Backers Dump $160M - FinanceFeeds

A wave of selling pressure has hit the Pump.fun (PUMP) memecoin, as early private-sale investors began unloading massive holdings onto exchanges, dragging the token below its initial coin offering (ICO) price just a week after launch. Blockchain analytics platform Lookonchain flagged two wallets — labeled “PUMP Top Fund 1” and “PUMP Top Fund 2” on Solscan — that together transferred more than $160 million worth of PUMP tokens to centralized exch…

Pump.fun token drops 32% as early backers offload $160M in memecoins

PUMP token falls 40% since launch – Is a price recovery in sight?

Key Takeaways  PUMP token has dropped over 40% due to heavy sell-offs by top holders. Despite bearish sentiment, exchange outflows and oversold RSI suggest possible accumulation and a potential rebound. The recently launched Pump.Fun [PUMP] has seen a significant decline, dropping below its Initial Coin Offering (ICO) price. According to CoinMarketCap data, the token has lost over 40% of its value since launch and continues to fall. Why is the P…

Pump.fun private sale investors send over $160M to exchanges

Pump.fun whales have sent over $160 million in tokens to exchanges as PUMP drops below its ICO price, triggering fears of a broader memecoin market correction.

Pump Fun generates $10.2 million weekly in fees but PUMP remains below ICO launch price

The post Pump Fun generates $10.2 million weekly in fees but PUMP remains below ICO launch price appeared on BitcoinEthereumNews.com. Despite trading below its ICO price, PUMP continues to punch above its weight in fundamentals, generating $10.2 million in weekly fees, enough to place in the top 20 globally in crypto fee rankings. Analysis from Ignas highlights that the performance is largely powered by PumpSwap, the protocol’s native DEX, which…

The Business of Memes: Inside the Solana Meme Coin Factory Pump.Fun

Pump.fun has generated $774 million in revenue, raised $600 million in 12 minutes, and created almost 12 million tokens on Solana. Can it keep it going?