Pump.fun ranked among the largest ICOs by raising nearly 500 million dollars, positioning its token PUMP as one of the most followed projects in the memecoin sphere. On July 16, euphoria pushed the token to $0.006812, before the reality of the market sharply corrected this exuberance. In less than 24 hours, euphoria gave way to a drop of more than 37%, thus revealing the extreme fragility of the crypto project.
The PUMP token of Pump.fun reached a peak and then collapsed – Is the party over? This question perfectly summarizes the disappointment experienced by investors after an euphoric rise. It was not an external attack or a mistake that caused the collapse, but the economic model itself. 20% of the crypto holders on the first day used the peak to liquidate their positions, initiating a downward spiral. This dynamic is typical in projects without safeguards:
◽No structural audit;
◽No serious liquidity reserve;
◽No buyback mechanism or supply management.
Pump.fun gathered the ingredients of a programmed crash, where the slightest loss of confidence triggers an avalanche of sales.
This type of drop invites a comparison with bitcoin, whose fundamentals are based on a proven infrastructure, transparent monetary policy, and a track record of resilience in the face of crises. In contrast, PUMP relies on an opportunistic tokenomics, disconnected from any concrete utility. Where bitcoin is a solid asset with growing institutional adoption, PUMP is merely a speculative projection, dependent on an ephemeral cycle of hype.
This comparison underscores the urgent need for crypto investors to differentiate a structured protocol from a mere marketing product without foundation.
$PUMP