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TronWeekly

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Pump.fun Token Launch Sparks Chaos as Whales Take Control of PUMP

  • PUMP token launch experienced extreme volatility, dropping from $0.006 to $0.005 due to whale-led dump and $47M volume.
  • The majority of PUMP supply is held by interconnected whales, raising concerns about centralization and manipulation.
  • Retail traders express frustration over the absence of a public airdrop, while influencers and presale participants received early allocations.
  • Speculation surrounds future exchange listings for PUMP, with on-chain data suggesting possible listings on major platforms like Coinbase and Binance.

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