Pump.fun, a major Solana meme coin platform, reportedly cut employees in late March and early April just weeks before their PUMP token allocations were set to vest. At least one former employee lost a token grant now valued in the seven figures. The layoffs were attributed to rapid expansion, and some dismissed employees claim they were let go to avoid paying out token grants. The company has not publicly responded to these allegations, while the PUMP token price remains volatile, down 77% from its peak last year.
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...
StonkFun's STONK token surged over 16% in 24 hours, reaching a $200 million market cap driven by strong buying pressure and rising revenue. The launchpad behind the popular memecoin Anonymous Cat is gaining traction on Solana, outperforming rivals li...
Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...
Pump.fun, a Solana-based memecoin launchpad, has reclaimed the top spot in 24-hour protocol revenue with about $1.23 million in fees, overtaking Pons, a newer competitor that had briefly led earlier in 2026. Pons gained rapid traction by leveraging R...
Aerodrome Finance surged 20.14% to $0.6569, leading crypto gainers due to growing interest in its decentralized finance ecosystem. Meanwhile, Arbitrum, a major Ethereum layer-2 project, fell 11.09% amid challenges sustaining recent gains. Other notab...
