Bitcoin24h $87,086.68+0.53%

Ethereum24h $2,813.73-1.00%

XRP24h $2.02-1.17%

BNB24h $835.68+1.27%

Solana24h $127.30-0.02%

TRON24h $0.2775-0.03%

Dogecoin24h $0.1362-0.72%

Cardano24h $0.3900+1.04%

Hyperliquid24h $31.61+1.16%

Bitcoin Cash24h $527.21+0.64%

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.