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