Pump.fun (PUMP) drops over 15%…Falls below ICO price

Source
Son Min

Summary

  • The Solana (SOL)-based meme coin platform Pump.fun (PUMP) is currently trading at $0.003697, down 15.71% compared to the previous day.
  • The current price is below the token offering (ICO) price of $0.004.
  • At the time of its ICO, Pump.fun garnered significant industry attention by raising over $500 million in just 12 minutes.

The Solana (SOL)-based meme coin issuance platform Pump.fun (PUMP) recorded a sharp decline of 15% compared to the previous day.

According to CoinMarketCap on the 22nd (local time), PUMP is currently trading at $0.003697, down 15.71% from the previous day. This is below the token offering (ICO) price of $0.004.

Previously, Pump.fun garnered significant industry attention by raising over $500 million within just 12 minutes during its ICO.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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