PUMP, the native token of Pump.Enjoyable, dropped over 14% in 24 hours after founder Alon Cohen confirmed that there isn’t any fast token airdrop.
Throughout a reside with Michael “ThreadGuy” Jerome, Alon famous that the PUMP airdrop “isn’t going to be going down within the fast future.” He added that the staff will inform buyers of any particulars or timelines as soon as they turn out to be obtainable.
Allon speaks concerning the pumpfun airdrop reside on threadguy stream,
"We need to reward OG pumpfun customers" pic.twitter.com/gdfE7H4oRV— ً (@0xsyste) July 23, 2025
Alon famous that the corporate goals to reward the group that helped construct a platform with the airdrop.
“We need to make it possible for it’s a significant airdrop and it’s executed properly,” Alon stated. “We’re truly specializing in bringing again quite a lot of that focus and hype to our ecosystem. That being stated, the airdrop isn’t going to be going down within the fast future.”
The memecoin launchpad initially priced its token at $0.004 throughout its ICO, representing 12.5% of the whole 1 trillion provide. PUMP hit its all-time excessive (ATH) on the primary day of buying and selling, July 16, at $0.0068. Since then, the token has dropped by roughly 50%.
PUMP Downward Situation – What Can Traders Count on?
In line with the founder, the platform prioritizes long-term improvement over short-term incentives, emphasizing truthful airdrop launch protocols.
Nevertheless, declining consumer exercise has raised questions concerning the short-term Pump.Enjoyable value prediction, contemplating PUMP’s distribution and present buying and selling volumes.
In consequence, the token plummeted greater than 40% within the final 7 days, in response to CoinMarketCap knowledge. The general market cap of the token is down 14% and it’s at present buying and selling at $0.0031 at press time.
Additional, Lookonchain revealed that Jeffrey Huang, generally referred to as Machi Large Brother, has added extra to his PUMP lengthy place, regardless of the token’s steep decline. His lengthy place has been down over $5.8 million.
As $PUMP retains dropping, Machi Large Brother(@machibigbrother)'s $PUMP lengthy place is now down over $5.8M, however he’s nonetheless doubling down and including extra to his $PUMP lengthy positions.https://t.co/T0DJNDGd53 pic.twitter.com/w3aDcxxCgD
— Lookonchain (@lookonchain) July 24, 2025
Moreover, 2 wallets linked to non-public sale buyers bought greater than 1.2 billion PUMP at $0.003 previously two hours. This has resulted in a lack of $1.19 million.
https://x.com/lookonchain/standing/1948189406244012305 The PUMP token’s worth is now more likely to be pushed by the platform’s core utility somewhat than airdrop-driven hype. Within the fast time period, PUMP holders ought to anticipate market volatility as buyers regulate to the revised n
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