Pump.fun’s native token, PUMP coin, is currently trading near $0.0026, following a volatile post-ICO phase. The token, once hyped as a flagship of Solana’s meme ecosystem, is navigating significant pressure from early unlocks and shifting on-chain liquidity. With capital cycling through meme platforms and attention fragmented across competing ecosystems, PUMP’s price is responding to dynamic structural shifts. As traders gauge where accumulation might begin, the current range provides clues about whether a breakout or deeper retracement is likely.
PUMP is operating within a tightening range, having slipped more than 35% from its initial offering price of $0.004. After an early surge, the token faced consistent sell pressure, primarily from…
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