Pump.fun (PUMP) experienced a nearly 17% price decline in March due to continuous large-scale selling by long-term holders, who have been net sellers every day since late February. Despite a brief recovery in buying interest indicated by the Money Flow Index, demand weakened and the price failed to break above key resistance levels. The token now trades near $0.001782, close to its recent support, with further downside risk if it falls below $0.001780. A sustained price recovery would require breaking the descending trendline with strong volume, but declining platform revenue suggests weak fundamentals for a rebound.
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...
