$PUMP is in high demand
Pump.Fun's rating soared in just two days, indicating rising demand. In the 48 hours after launch, the altcoin attracted 45,500 holders. In comparison, the meme coin SPX6900, available for over a year, has only 43,600 holders.
Market sentiment around the altcoin remains exceptionally positive. Investors are actively investing in the asset, seeing potential for significant growth. The rapid increase in the number of holders is pushing the price upwards.
Additionally, open interest in PUMP is approaching $913 million by the third day after launch.
The influx of investors and traders is attributed not only to the fear of missing out (FOMO) but also to the growing belief in the long-term potential of PUMP. With increased capital in the token's derivatives market, Pump.Fun has attracted significant attention from both retail and institutional investors.
