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Pump Fun’s token is crashing like a Pump Fun token

PUMP, the token for Pump Fun, has crashed approximately 60% from its peak, falling below its initial coin offering price.

Pump Fun ICO raises $600M as PUMP traders dodge sale restrictions

Despite the ICO requiring buyers to go through a KYC process, analysis suggests that some wallets used dozens, if not hundreds, of addresses.

Of its 60+ investigations, at least 11 have become individual and class action lawsuits, including those against Libra, Pump Fun, and STAKX.

The Pump Fun X account was hacked and used to launch a phony “governance token” that crashed 99.9% in minutes.

BadCoin promised anti-sniping technology that would differentiate its launch from Pump.fun degeneracy but the tactic failed spectacularly.