Based mostly completely on Onchain data, a wallet linked to the memecoin delivery platform PumpFun supplied all of its $PUMP token holdings for $8.02 million. The moderate promoting discover of the $PUMP funds, which had been remodeled to USDC, become $0.0021.
Alternatively, one other PumpFun wallet linked to the builders conducted a sale of roughly $2.57 million price of $PUMP tokens. This wallet at set apart holds 3.54 billion $PUMP tokens, price $7.4 million.
Based mostly completely on the most fresh market data, the price of $PUMP has fallen by roughly 2% within the closing 24 hours. Alternatively, the token is at set apart trading 82% decrease than its all-time excessive discover level reached about 7 months ago. At that time, PumpFun won fabulous recognition, particularly with the upward push in recognition of memecoin launches on the Solana network.
Alternatively, the platform has lost some of its obsolete recognition, and the $PUMP token has lost 15% of its payment within the closing month.
*That is no longer funding recommendation.
