Pump.fun, a Solana memecoin launchpad, will unlock 6.875 billion PUMP tokens on August 12, 2026, split between the development team and early investors. This unlock follows a larger July event releasing 82.5 billion tokens, raising concerns about selling pressure and market absorption. The platform's revenue model, which funds token buybacks to reduce supply and support price, has shifted to a 50/50 split between buybacks and operational costs. Investors will watch closely to see if this new balance can sustain token value amid increased supply.
Pump.fun surged 14.4% to $0.002707, pushing its market cap to $1.07 billion, leading Thursday's crypto gainers. Despite no specific news, its gamified DeFi staking rewards continue to attract attention. Other notable gainers include Canton (+7.7%), B...
Pump.fun, a Solana-based memecoin launchpad, generated $33.73 million in revenue over 30 days, surpassing Hyperliquid's $32.73 million. Despite Hyperliquid having a much larger total value locked ($6.041 billion vs. $251.4 million), Pump.fun's effici...
XRP has seen a decline in ETF inflows for the second consecutive month, with net inflows nearly turning negative in July. Trading volumes have dropped significantly, indicating weak market interest, and on-chain data suggests a distribution phase whe...
The PUMP token from Pump.fun has risen over 35% in the past week, breaking above key daily moving averages and resistance levels near $0.0022-$0.0024. This rally follows a major token distribution in July and is supported by a revenue-funded buyback ...
