Despite the crash, the crypto token recorded a rise of +3.4% in 24 hours, reaching $0.004596 according to CoinGecko data. This technical rebound is not enough to change the trend. Rather, it raises the question: is it a speculative bounce or a precursor to stabilization?
Under current conditions, the lack of real use cases and the dynamics of capital flight foreshadow a mere breather before a new phase of volatility.
The Pump.fun case crystallizes the excesses of a crypto ecosystem attracted to quick profits, often at the expense of solidity. While some see a simple correction, others read it as a symptom of an ideological bubble. Can memecoins still aspire to lasting legitimacy in the markets?
$PUMP