Solana-based memecoin launchpad Pump.fun has tanked 10% over a volatile 24-hour trading period, erasing earlier gains. The token’s price dropped from an intraday high of $0.007828 and $0.007133, ending the week trading in the red. Pump.fun value has declined 9.2% extending the downturn to its market cap, which slipped 8.4% to $2.53billion. The drop also affected the whole Pump.fun ecosystem. Their market cap has dropped 6% to $3.85 billion. TROLL is down 10%, Aura is down 12%, Fartcoin, PNUT, and Moo Deng have also experienced small declines.
- 0 replies
- 0 recasts
- 0 reactions
art is evolving on @fx_hash_ but numbers are not too good. from 14,547 txs and 1,761 unique users on july to 5,012 txs and 790 unique users on august.
- 0 replies
- 0 recasts
- 0 reactions
Open interest, or the number of active contracts, in CME-listed ether options has increased to 226.9K ETH, the most since September. The gain shows growing institutional demand for hedging instruments tied to Ethereum's native token.
- 0 replies
- 0 recasts
- 0 reactions