Pump.Fun (PUMP) Drops 25% To New Lows Following Legal Pressure, Airdrop Update

PUMP Token in Crisis: Airdrop Delay Sparks Panic as Sell-Off Accelerates

“It’s not going to take place in the near future.” With that single sentence, PumpFun co-founder Alon flipped the mood on an already shaky project. The long-anticipated PUMP airdrop—once seen as the token’s saving grace—has been delayed indefinitely. Within hours of his livestream appearance, PUMP dropped over 12%, plunging below its ICO price of $0.004. And just like that, optimism gave way to open panic. The fallout didn’t stop with the price.…

Pump.fun Faces Class Action Lawsuit As Token Crashes 45% After Airdrop Delay

The meme coin platform Pump.fun, often dubbed the “meme token factory,” is under fire after facing a class action lawsuit, crashing token prices, and delayed airdrop issues. Investors are now grappling with significant losses as the PUMP token dropped nearly 45% from its peak. Airdrop Delay Triggers Investor BacklashPump.fun co-founder Alon Cohen recently confirmed that […]

Pump.fun’s Turmoil Highlights Memecoin Sector’s Volatility and Risks

Pump.fun’s recent turbulence offers a stark reminder of the volatility and unpredictability that defines the memecoin sector. The platform’s rapid ascent, fueled by the memecoin frenzy, has been met with an equally swift descent, raising questions about the sustainability of its business model and the long-term viability of its token, PUMP. Investors should approach Pump.fun and its token with… Source

Pump.Fun (PUMP) Drops 25% To New Lows Following Legal Pressure, Airdrop Update - Coin Surges

Solana-based memecoin launchpad Pump.fun has made the headlines again after its recently launched token, PUMP, plummeted to new lows. The nosedive follows a recent update on the token’s highly anticipated airdrop and its legal troubles. PUMP Token Loses $1 Billion MC Just over a week after launch, Pump.fun’s official token has hit a new all-time low (ATL), reaching the $0.0028 area and dropping below the $1 billion market capitalization for the …

Pump.Fun (PUMP) Drops 25% To New Lows Following Legal Pressure, Airdrop Update

Pump.fun recently launched token, PUMP, plummeted to new lows following update on the highly anticipated airdrop and its legal troubles.

Pump.fun Sued Over $5.5B Memecoin Scheme, Faces RICO And Fraud Claims - FinanceFeeds

The team behind memecoin platform Pump.fun is facing an expanded class-action lawsuit that accuses it of operating a digital asset scheme resembling a rigged slot machine, extracting more than $5.5 billion from users. Filed Wednesday in the Southern District of New York, the amended complaint names the platform’s pseudonymous developer “Bernie,” its parent company Baton Corp., and several infrastructure partners — including Solana Labs, the Sola…