PUMP Token Soars 50%: A Comedy of Errors and Triumphs!

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Oh, the audacity of Pump.fun! Their new PUMP token has begun its public trading journey, leaping a staggering 50% above its public sale price. Despite a series of comedic missteps and a chorus of skeptics, the launch has been nothing short of a triumph. 🎉

Indeed, the world of decentralized exchanges (DEXs) has embraced PUMP with open arms, with 55% of its trading volume swirling through platforms like Pumpswap, Raydium, and Meteora. The centralized exchanges (CEXs) Bybit and KuCoin, meanwhile, have taken the lion’s share of the remaining trade volume. 🦁

PUMP Takes the Stage

Pump.fun, the darling of meme coin launchpads, has once again captured the hearts and wallets of the crypto community with its new PUMP token. After a series of announcements that left even the most seasoned investors scratching their heads, the presale on July 12 sold out in a mere 12 minutes. 🕒

Today, the gates of public trading have swung wide open, inviting retail investors to join the fray:

$PUMP trading is now live!

thank you to all who participated in the $PUMP public sale. it’s time to build the future of crypto and social media on Solana.

we couldn’t be more excited for what’s to come!

— pump.fun (@pumpdotfun) July 14, 2025

As token launches go, this one has been a veritable hit. According to the sages at GMGN, PUMP debuted at $0.0061301, boasting a fully diluted valuation (FDV) of $6.13 billion. This is a 53.25% leap from its public sale price of $0.004, a feat that would make even the most jaded investor crack a smile. 😄

Of course, the price has been a rollercoaster, thanks to the whims of retail investors seeking their fortunes. After the public trading announcement, PUMP soared to dizzying heights, only to come crashing back down to earth. But fear not, for its current price remains above its presale valuation, a sign that all is not lost. 📈

Currently, 55% of PUMP’s trading volume is on DEXs, with Pumpswap accounting for about 20% of the action. Raydium and Meteora make up the lion’s share of the remaining DEX volume, while Bybit and KuCoin represent the CEX contingent. 🦁

Despite the setbacks—loss of market dominance, community backlash, and whales betting against the token—PUMP has managed to shine. The presale’s initial confusion and subsequent criticism have only served to fuel the fire of enthusiasm. 🌞

While Binance has yet to list PUMP on its spot market, the token is available on Binance Futures, a small consolation for those eager to trade. All in all, Pump.fun has once again proven that in the world of crypto, a little drama can go a long way. 🎭

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2025-07-14 22:56