BlockBeats news, on June 16, according to GMGN market data, the market value of ALON token by pump.fun founder CTO surpassed 16 million USD, currently reported at 16.03 million USD, with a 24-hour increase of 26.35%.

The founder of pump.fun previously stated in January that he has taken over the ALON token TG group and paid for the Dexscreener fees.