PUMP Token Tumbles as $160M Floods Exchanges
Key Takeaways Pump.fun’s flagship token, $PUMP, is under pressure as early backers rapidly liquidate their holdings. The selloff occurs as the token falls below its ICO price, raising broader concerns about the sustainability of recent memecoin hype and speculative investment trends. Whales Lead the Selloff Blockchain analytics firm Lookonchain flagged two wallets—dubbed “$PUMP Top Fund … Read more
