Early PUMP holders gamble on rebound amid steep losses of over 40%

PUMP, the native token of memecoin launch platform Pump.fun, faces mounting selling pressure following its rapid price drop. According to blockchain analytics firm SpotOnChain, 31.6% of the 10,145 ...

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Early PUMP holders gamble on rebound amid steep losses of over 40%

Source: CryptoSlate

PUMP, the native token of memecoin launch platform Pump.fun, faces mounting selling pressure following its rapid price drop. According to blockchain analytics firm SpotOnChain, 31.6% of the 10,145 successful presale participants have offloaded their PUMP tokens on decentralized exchanges. Adding to the trend, 53% of presale buyers have moved their tokens to new wallets, including […]