PUMP breaks below private sale price – confidence fading?

📉 Price drops below $0.004 ICO level

📊 According to Spot On Chain:

Out of 10,145 private sale buyers:

✅ 12.7% still holding

🔻 31.6% already sold on DEXs

➕ 2.7% are accumulating

💼 53% moved tokens to new wallets (likely for sale or spreading)

⚠️ 33% of tokens unlocked immediately → heavy sell pressure

💸 Despite $1.83M worth of buybacks, the downtrend continues

🧠 Takeaway: Strong speculative behavior, low conviction. Project risks entering a death spiral 🌀 if sentiment doesn't shift.

#PUMPtoken #ICOfail