The PUMP token from Pump.fun fell 12.5% to $0.004002 after breaking down from a seven-day ascending channel, signaling a bearish momentum shift. Traders faced $5.42 million in liquidations, mostly long positions. The platform added 20 new token pairs linked to equities and commodities, with half the fees funding token buybacks. Meanwhile, the Pump.fun iOS app was temporarily removed from US and Indian stores, with no clear reason given but expected to return soon. Key support levels will determine if PUMP rebounds or continues to decline.
On October 8, Jupiter (JUP) led gains among major cryptocurrencies, rising nearly 15% to $0.37, while 64 of the 89 largest tokens declined over 24 hours, showing broad market weakness. Other notable gainers included Bitway, Algorand, Cosmos Hub, and ...
A large trader opened short positions totaling about $21.87 million across PUMP, Solana (SOL), and XRP on October 8 after closing a long PUMP position at a loss. The trader's short positions included 1.5 billion PUMP tokens with 5x leverage, 75,000 S...
Pump.fun (PUMP) token experienced a 4.61% price drop within one hour, falling to $0.00594 as of 1:21 p.m. ET on October 8. This decline extended its 24-hour loss to 6.56%, with the token trading at $0.006227 an hour earlier on Binance's spot market. ...
Pump.fun (PUMP) token fell 4.37% in one hour to $0.006086 on Oct. 7, continuing a 1.27% decline over 24 hours. The token, ranked 41st by market cap at about $2.95 billion, saw $60,000 in long liquidations across Binance, Bybit, and OKX, while no shor...
Pump.fun (PUMP) token fell 7.10% within four hours to $0.00606, extending its 24-hour decline to nearly 5%. The price drop was accompanied by $150,000 in long liquidations and $20,000 in short liquidations across major exchanges Binance, Bybit, and O...
