PUMP Token Price Climbs 30% as Pre-Market Volume Rockets Ahead of ICO.
Pump. fun’s native token, PUMP, has recorded $346 million in pre-market trading volume, with prices 30% above its presale level.
Solana-based memecoin launchpad Pump. fun is generating massive buzz ahead of its Initial Coin Offering (ICO). Specifically, pre-market perpetual trading of its PUMP token is seeing explosive growth across major crypto exchanges.
According to the latest data from Coinglass, the PUMP token has racked up over $346 million in volume. It also has $115 million in open interest. This signals intense investor anticipation ahead of its official launch on Saturday, July 12.
Even before a single token is publicly sold, the token is already trading at a 30% premium. The ICO price is set at $0.004. However, the current pre-market rate has risen to $0.0052, and long sentiment dominates the order books. This dramatic surge suggests widespread confidence in the token’s short-term momentum and long-term potential.
