🚨 Pumpfun: 60% of ICO participants sell or transfer tokens within a week!
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📊 Post-launch behavior details:
– Out of 10,145 wallets that participated in the ICO:
🔹 59.6% sold or transferred the tokens
🔹 37.4% are still holding them
🔹 3% increased their holdings
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📉 Price performance:
– PUMP rose to $0.0068 and then dropped by 19% to $0.0055
– Despite the mass selling, the price exceeded the initial offering price by 40% at listing
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📦 Market notes:
– Pump.fun trading volume dropped from $11.6B in January to $3.65B in June
– New competitors like LetsBonk have started to reduce the platform's dominance
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❓Do you think PUMP will regain its momentum or will competition change the game?
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