PUMP token plunge: Pump.fun's crazy journey encounters speed bump
Jul 25, 2025 am 07:30 AMThe price of PUMP tokens plummeted, and early investors sold in a concentrated manner, which made the market uneasy about the prospects of Pump.fun's native cryptocurrency. Is this a common short-term oscillation of meme coins, or does it indicate the beginning of a more severe challenge?
PUMP tokens plummeted: Pump.fun's rushing road hits a sudden brake
Players in the encryption circle have noticed! PUMP, the meme coin platform Pump.fun, under the Solana ecosystem, is facing violent fluctuations. The decline has exceeded 35% in the past seven days, and it has fallen below the private placement price of $0.004. The entire community is asking: What exactly is wrong?
Large-scale withdrawal of early capital
On-chain data shows that two early-stage investment entities, "PUMP Top Fund 1" and "PUMP Top Fund 2", are continuing to transfer a large number of tokens to the exchange. The total transfer scale is as high as more than US$160 million, causing widespread concerns about concentrated selling.
Specifically:
- PUMP Top Fund 1 once bought 25 billion tokens for US$100 million USDC and has now recharged 17 billion to the exchange (current market value is close to US$90 million);
- PUMP Top Fund 2 has completely cleared its 12.5 billion tokens (valued over US$71 million).
This strong selling pressure from early investors is obviously one of the key drivers of this price decline.
The technical indicators light up red
Crypto Patel issued a warning: PUMP has lost key support level $0.004035. This technical breakdown means that it may continue to fall by up to 40% in the future, and look at $0.0024 under the target range - it was previously a demand and liquidity-intensive area.
PumpSwap: A glimmer of light?
Despite the overall weak trend, DeFi researcher Ignas pointed out a positive signal: the platform's own decentralized exchange PumpSwap. As one of the main sources of revenue, PumpSwap contributes about 50% of the platform fees and uses 25% of it to repurchase and destroy PUMP tokens. This mechanism may be able to alleviate the selling pressure to a certain extent.
The meme coin craze is fading?
The previously extremely popular meme coin sector seems to be cooling down. Since the total market value hit a high of US$87 billion on July 21, the entire sector has seen a slight decline. Is this a brief callback or a precursor to a larger-scale adjustment?
summary
PUMP's decline this time is not caused by a single factor, but the result of the superposition of multiple pressures: early investors' cash out, technical breaks, and the overall sentiment of the meme currency market has turned cold. Although PumpSwap brings some support hope, the token is still in turmoil. Whether it can withstand the current impact depends on time to verify.
What is the final conclusion? In the crypto world, especially the meme coins field, there is never a shortage of plot reversals. Keep a close eye on market changes, keep information synchronized, and keep in mind the old saying: Be sure to do your own research (DYOR). After all, in this market, nothing is possible! Maybe PUMP will recover strongly, maybe not. But what is certain is that there will never be a shortage of stories here!
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