Pump.fun will unlock 82.5 billion PUMP tokens worth about $130 million on July 12, a supply event nearly double the daily trading volume of the token. This cliff unlock challenges the platform's fair-launch ethos, as it releases tokens allocated to the team and early investors despite the platform's no-presale promise. Despite aggressive buybacks and burns funded by the platform's strong revenue, PUMP's price has dropped significantly since its ICO. The market will watch closely whether insiders hold, hedge, or sell these newly liquid tokens, setting a precedent for revenue-backed tokens with large vesting schedules. The outcome will influence the broader fair-launch and launchpad token economy, especially as Pump.fun updates its fee model and faces community pressure for an airdrop to reward loyal users.
MemeCore surged 10.84% to $1.35, driven by increased trading volume and social media buzz about a potential new partnership. Meanwhile, LAB plummeted 65.36% to $5.00 following regulatory scrutiny, significantly impacting its market cap. Other notable...
Pump.fun (PUMP) surged 9% to reach a monthly high of $0.00169, supported by a 61% increase in trading volume and strong buying activity in both spot and derivatives markets. Positive buy-sell delta and rising open interest indicate buyers' control an...
On July 12, a significant unlock of PUMP tokens—ranging from about 1.9% to nearly 9% of circulating supply depending on the source—will hit the market, challenging Solana's meme liquidity which has been thin and volatile. Pump.fun has conducted over ...
Pump.fun, a memecoin launchpad on Solana, has become the leading decentralized exchange by 24-hour trading volume, reaching about $1.77 billion and surpassing major platforms like Uniswap and PancakeSwap. Launched in early 2024, its success accelerat...
LAB token soared 173.94% to $16.15, becoming the top gainer in the latest trading session with a market cap of $5.05 billion. This surge reflects growing investor interest in LAB's innovative blockchain solutions. Other notable gainers include Binanc...
