Pump | Crypto

LetsBonk debuted in April, and has continued eating into Pump.fun’s market share.

A Pump.fun class action lawsuit has alleged that the Baton Corporation founders, Solana Labs, Solana Foundation, and Jito Labs have run a racketeering scheme, branding risky token launches as ‘fair’, taking $722 m while retail traders have lost up to $5.5 bn, and minors have traded without verification. The post Pump.fun Accused of Running ‘Unlicensed Casino’ in $5.5B Class Action Lawsuit appeared first on Cryptonews.

Meme coins are down bad after token launchpad Pump.fun said that it won’t be issuing an airdrop in the “immediate future.”

The class action alleges Pump.fun operated an unlicensed gambling platform, estimating billions in user losses with Solana-linked entities.

Solana Labs and Jito Labs have been named as co-defendants in a newly amended federal lawsuit that accuses them of playing a central role in an alleged $1.5 billion fraud tied to the Solana-based memecoin launchpad Pump.Fun. The amended lawsuit, filed on July 22 by Burwick Law in the Southern District of New York, expands […] The post Solana Labs, Jito Labs hit with RICO charges in amended Pump Fun fraud lawsuit appeared first on CryptoSlate.

$PUMP has plunged 34% in 24 hours as early investors have unloaded vast holdings across Kraken and Bybit. Pump.fun, which has generated over $700M in revenue and launched $11M tokens, has responded with buybacks, but volumes and momentum have continued to wane, heightening fears of a sustained slide. The post Whales Abandon $PUMP; 17B Tokens Hit Exchanges, Threatening Fresh Lows appeared first on Cryptonews.

Pump.fun users appear to be getting restless while awaiting an airdrop, with the PUMP token falling to a record low price Tuesday.

Pump.fun whales have sent over $160 million in tokens to exchanges as PUMP drops below its ICO price, triggering fears of a broader memecoin market correction. Private sale investors of the Pump.fun (PUMP) memecoin began offloading billions of tokens to exchanges, raising concerns of a sell-off as the token dropped below its initial sale value.  Blockchain analytics firm Lookonchain flagged that two early backers of the memecoin token, labeled in Solscan as “PUMP Top Fund 1” and “PUMP Top Fund 2,” collectively sent over $160 million in PUMP tokens to centralized exchanges.  During the private sale, the Top Fund 1 wallet acquired 25 billion tokens for $100 million in USDC (USDC). In the last week, the wallet deposited 17 billion tokens worth almost $90 million to exchanges. While the whale started offloading, it still holds tokens worth $29.5 million.  Read more

Less than a week after its eagerly awaited ICO, Pump.fun’s native token, PUMP, has experienced a notable price setback. The post Pump.fun Token Dips 22% Post-ICO as LetsBONK Surpasses in Meme Coin Minting appeared first on Cryptonews.

With regulatory advancements injecting fresh retail liquidity into altcoins, exchange recognition has positioned Caldera as the best daily performer in the top 300. The post Caldera Price Prediction: Is ERA About to Pump in July 2025 As Coinbase Adds ERC-20 Support? appeared first on Cryptonews.

Pump.fun allows anyone to create Solana tokens in a minute for completely free, spawning some of the biggest memes of 2024.

Bitcoin has climbed to $118,632, sitting 3.3% below its record peak of $122,838, while XRP has surged 33% over seven days and Cardano posted 8% daily gains against Bitcoin's 0.6% dip. Crypto price prediction today shows altcoins like XRP and ADA achieving fresh highs as market sentiment strengthens. The post Crypto Price Prediction Today 17 July – XRP, PUMP, ADA appeared first on Cryptonews.

Pump.fun has become a hotbed for world record attempts, with the latest dev gunning to tattoo the Solana launchpad’s name 700 times.

BitMEX said the PUMP token defied the odds, with its funding rates trending positively despite a large initial float. Almost 60% of presale participants in Pump.fun’s initial coin offering (ICO) have already sold or transferred their tokens to centralized exchanges (CEXs) or other wallets, according to data shared by BitMEX.  Citing onchain data, the crypto exchange said that of the 10,145 ICO participants in the PUMP presale, 6,042 wallets (59.6%) had already sold or transferred their tokens to CEXs.  Meanwhile, 3,791 wallets (37.4%) continued to hold their tokens, while a small group of 312 wallets (3%) had increased their holdings a week after the token launch.  Read more

Most public sale participants either sold or transferred their PUMP tokens on its first day, following Pump.fun’s massive ICO.

Pump.fun’s PUMP token opened at a fully diluted valuation (FDV) of roughly $5.6 billion on July 14 and fell 7.3% within the first three hours of trading, according to DEX Screener data.  The Solana-based coin changed hands at approximately $0.005128 at 20:30 UTC, implying a current FDV of nearly $5.12 billion, liquidity of $19.3 million, […] The post PUMP debuts at $5.6B FDV, logs $34M volume within first 3 hours appeared first on CryptoSlate.

Pump.fun, a platform enabling users to create meme coins, managed to raise $600 million within a mere 12 minutes on Saturday. The post Meme Coin Mania: Pump.fun Raises $600 Million in Just 12 Minutes appeared first on Cryptonews.

Venture capitalists and the Solana community touted the ICO as a showcase for capital formation in the age of internet capital markets. Memecoin launch platform Pump.fun raised $500 million in an initial coin offering (ICO) on Saturday, which sold out in about 12 minutes. The PUMP token has a maximum supply of 1 trillion, and 33% of the supply was allocated to the ICO. 24% of the supply was allocated to the ecosystem and future community projects, while 13% was reserved for existing investors, according to the memecoin platform. Of the 33% ICO allotment, 18% went to institutional investors, and 15% was offered to retail traders. Pump.fun’s ICO may signal the return of the memecoin sector, which experienced a sharp downturn after being one of the highest-performing asset classes in 2024. The public token sale also portends the resurgence of initial coin offerings, which fizzled out due to regulatory pressure in the United States under the reign of former Securities and Exchange Commission (SEC) chairman Gary G...

Pump.fun, the prominent Solana-based memecoin launchpad, has announced that its public token sale will commence on Saturday, July 12, targeting up to $600 million in funding as the platform seeks to disrupt established social media giants including Facebook, TikTok, and Twitch. The post Pump.fun to Launch $PUMP Token via ICO on July 12 – Plans to Take on Facebook, TikTok, and Twitch appeared first on Cryptonews.

Solana-based memecoin launchpad Pump.fun has confirmed that its native PUMP token will debut through an Initial Coin Offering (ICO) on July 12. The token will have a total supply of 1 trillion and a structured allocation designed to serve institutional, community, and internal stakeholders. PUMP’s ICO details About 33% of the total PUMP token supply […] The post Pump.fun faces scrutiny over PUMP token distribution in upcoming ICO appeared first on CryptoSlate.