PUMP Token Breaks Out 18% in 24 Hours Despite 82.5B Coin Unlock

Mid-July marked the first vesting tranche for Pump Fun's PUMP token. Investors received 32.5 billion PUMP (25% of allocation), while team members unlocked 50 billion PUMP, also representing 25% of their allocation. Despite this 82.5 billion token supply increase, PUMP climbed to $0.00214, gaining 18% in the past 24 hours and 42% over the last seven days. The token absorbed its largest unlock event without breaking down, with buyers stepping in to push prices higher.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments