PUMP, the utility token for the memecoin launch platform, dropped 2.2% in the last 24 hours and 6.2% over the past week, continuing a bearish trend. A recent $18 million token unlock caused a short-term price bounce to $0.002, but selling pressure quickly resumed, pushing the price down again. Technical indicators suggest further declines are likely, with potential new lows below $0.00156 and $0.00142. To reverse this downtrend, PUMP must reclaim resistance levels at $0.00176 and $0.00182, but current momentum remains negative, indicating possible further losses of 9%-18% in the coming weeks.
The Solana memecoin PUMP surged over 10% even after a large token unlock released $142 million worth of tokens to team members and investors, which could have caused selling pressure. The rally was supported by softer U.S. inflation data easing fears...
Pump.fun has released 57.279 billion PUMP tokens valued at $86.49 million from its initial lock-up, distributing them across 121 wallets. This marks the start of a three-year vesting period for team members and early investors, following the end of a...
Pump.fun completed its first major token distribution after a one-year lockup, unlocking 57.279 billion PUMP tokens valued at $86.49 million across 121 wallets. This marks the start of a three-year vesting cycle for team and investor allocations, mak...
Zcash surged 10.81% to $554.67, leading the altcoin rally thanks to recent upgrades improving its security features. Other altcoins like Lighter and Pump.fun also posted notable gains, reflecting growing interest in niche crypto projects. Meanwhile, ...
Pump.fun, a Solana-based memecoin launchpad, distributed over $19 million worth of $PUMP tokens following a major vesting cliff on July 12. Approximately 82.5 billion tokens, about 29% of the circulating supply, were unlocked, with 50 billion allocat...
