PUMP, the newest token from the Pump.fun platform, just began public trading—and immediately caught the market’s attention. The launch price hit $0.0062, reflecting a more than 50% increase compared to the public presale price just two days earlier.
Despite initial skepticism and some presale confusion, the token’s debut proved to be a surprisingly strong start.
🔹 DEX Leads Trading Volume, CEX Joins the Action
Around 55% of PUMP's trading volume currently occurs on decentralized exchanges such as Pumpswap, Raydium, and Meteora. On the centralized exchange front, Bybit and KuCoin dominate trading activity.
🔹 Presale Sold Out in 12 Minutes, Strong Market Debut
The presale, held on July 12, was a swift success, selling out in just 12 minutes. Despite unclear launch announcements and community criticism, the project quickly drew widespread attention.
PUMP opened at $0.0061301, giving it a fully diluted valuation (FDV) of over $6.1 billion. This compares to a presale price of $0.004, marking a gain of roughly 53%.
While the price saw volatility after the public launch, its rebound above presale levels is seen as a positive sign for early investors.
🔹 Pump.fun Remains Relevant Despite Setbacks
Even though Pump.fun has recently lost some of its meme coin market dominance and faced backlash for how the PUMP announcement was handled, the successful launch shows the platform still carries strong community momentum.
Pumpswap accounts for about 20% of all PUMP DEX trades, with Raydium and Meteora making up most of the remaining volume.
🔹 Binance Futures Opens the Door—Spot Listing Still Pending
Unlike some major tokens, Binance has not yet listed PUMP on its spot market, but it’s already available on Binance Futures, offering traders exposure to price movements.
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