In the last 24 hours, the PUMP token has recorded an astonishing increase of 25,000% in its trading volume. This indicates an increase in trading activity for the token. Cryptocurrency enthusiast CRG highlighted that PUMP has absorbed liquidity from altcoins, as it remains the only token, along with BONK, that stays in the green zone in terms of liquidity.
As the token price cooled off, speculation grew that whales might be preparing to 'buy the dip' instead of completely exiting, which keeps pressure on Fartcoin holders and tempts newcomers to return to the new token.
While short-term traders chase volatility, the scale of whale reallocations, with millions of dollars of Fartcoin invested in PUMP, indicates where major holders see bullish potential, at least for now.
$FARTCOIN
$PUMP