BitMEX reports that approximately 60% of presale participants have sold or transferred their $PUMP tokens, indicating significant early trading activity and market fluctuations.
BitMEX reports that around 60% of participants in Pump.fun’s ICO have sold or transferred their $PUMP tokens, with the token dropping over 19% from its peak of $0.0068. Despite this decline, the funding rate for PUMP tokens remains positive, suggesting bullish market sentiment. The ICO raised $600 million in just 12 minutes, but concerns about declining trading volume may impact its valuation.