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The Pump.fun (PUMP) token witnessed a sharp 15% downturn over the last 24 hours as intensifying selling pressure and millions in liquidations pushed the asset to a critical technical juncture.

Solana’s decentralized application (dApp) ecosystem reached new heights in November 2024, with to unprecedented levels. The blockchain itself generated $92 million, while Solana-based dApps achieved an all-time high of $365 million. This explosive growth highlights the increasing adoption and profitability of Solana’s ecosystem.

Six major centralized exchanges have now received over $142 million worth of PUMP tokens following the successful completion of Pump.fun’s $500 million Initial Coin Offering (ICO).

LetBONK.fun, a memecoin launchpad on the Solana (SOL) network, has surpassed its rival Pump.fun in the overall 24-hour revenue. According to market data from defillama, letsBONK.fun generated $1.04 million in daily revenue, nearly doubling the $533,412 brought in by the long-time incumbent, Pump.fun.

After weeks of speculation, hype, and an alleged $4 billion valuation, Pump.fun’s long-awaited PUMP token launch turned into a messy vanishing act more than a milestone moment.

The Solana-based memecoin launchpad Pump.fun has pushed back its highly anticipated public token sale to mid-July. The delay follows a series of postponements and comes as the platform contends with a growing storm of legal challenges, including a class-action lawsuit that alleges market manipulation and intellectual property violations.

A simple deposit error has highlighted the immense risks associated with cryptocurrency investments, as one investor lost approximately $6 million in just eight days due to a single oversight.

LetBONK.fun, a memecoin launchpad on the Solana (SOL) network, has surpassed its rival Pump.fun in the overall 24-hour revenue. According to market data from defillama, letsBONK.fun generated $1.04 million in daily revenue, nearly doubling the $533,412 brought in by the long-time incumbent, Pump.fun.

After a much-hyped Initial Coin Offering (ICO) last weekend, the Pump.fun (PUMP) token is facing its first major test, with its price dropping over 15% in the last 24 hours to trade about $0.004355 on Saturday, July 19. But while the price chart is flashing warning signs, a massive surge of activity in the futures market suggests many traders are betting big on a recovery.

The hype around Pump.fun’s upcoming ICO may not be translating into full market confidence, as the decentralized prediction market Polymarket shows the probability of the ICO selling out within its first hour has slipped from 41% to 38% just days ahead of the July 12 launch.

Solana recently reached a key milestone, reaching 100,000 transactions per second (TPS), to CoinMarketCap. The result, achieved during stress testing, asserts Solana’s claim as one of the fastest in the industry.

The lawsuit against meme coin platform Pump.fun escalated further into the law firms Burwick Law and Wolf Popper now naming senior leaders from Solana Labs and Jito Labs as defendants.

Six major centralized exchanges have now received over $142 million worth of PUMP tokens following the successful completion of Pump.fun’s $500 million Initial Coin Offering (ICO).

Bybit will host the public sale of Pump.fun’s PUMP token from July 12 at 14:00 UTC through July 15. it will run the sale on its main global platform, but European users .

The hype around Pump.fun’s upcoming ICO may not be translating into full market confidence, as the decentralized prediction market Polymarket shows the probability of the ICO selling out within its first hour has slipped from 41% to 38% just days ahead of the July 12 launch.

Pump.fun, the Solana-based platform that lets anyone create and trade a memecoin in minutes, is attracting significant attention in the cryptocurrency industry.

After a much-hyped Initial Coin Offering (ICO) last weekend, the Pump.fun (PUMP) token is facing its first major test, with its price dropping over 15% in the last 24 hours to trade about $0.004355 on Saturday, July 19. But while the price chart is flashing warning signs, a massive surge of activity in the futures market suggests many traders are betting big on a recovery.

The planned public sale of the native PUMP token from the leading memecoin launchpad, Pump.fun, has hit a major snag after the crypto exchange Gate.io unexpectedly removed the official sale listing without warning.

A simple deposit error has highlighted the immense risks associated with cryptocurrency investments, as one investor lost approximately $6 million in just eight days due to a single oversight.