PUMP Token Plunges Over 24% as Exchange Glitches and Airdrop Anger Mount
- PUMP struggles as token drops over 24%, testing fragile support near $0.0050
- Explosive $1.5B volume hints at hype-driven trading despite sharp price decline
- Launch issues and unmet airdrop promises erode community trust and confidence
The newly launched PUMP token from the memecoin platform Pump.fun is facing steep selling pressure, with its price plunging over 24% in the past 24 hours. Trading at $0.005599, PUMP declined steadily from its intraday high of $0.0074, following a chaotic launch weekend plagued by technical glitches on major exchanges and growing frustration from the crypto community.
While market interest remains strong, significant volatility and community dissatisfaction are clouding the project’s early momentum.
A Messy Launch: Exchange Glitches and a Missing Airdrop
Adding fuel to the fire, the PUMP launch was plagued by several issues. Kraken’s co-CEO acknowledged that some users couldn’t complete their presale orders due to system glitches.
The post PUMP Token Plunges Over 24% as Exchange Glitches and Airdrop Anger Mount appeared first on Coin Edition.
Read More
XRP ‘God Candle’ Signal from 630% Rally Flashes Again
Floki (FLOKI) Price Prediction for July 18
PUMP Token Plunges Over 24% as Exchange Glitches and Airdrop Anger Mount
- PUMP struggles as token drops over 24%, testing fragile support near $0.0050
- Explosive $1.5B volume hints at hype-driven trading despite sharp price decline
- Launch issues and unmet airdrop promises erode community trust and confidence
The newly launched PUMP token from the memecoin platform Pump.fun is facing steep selling pressure, with its price plunging over 24% in the past 24 hours. Trading at $0.005599, PUMP declined steadily from its intraday high of $0.0074, following a chaotic launch weekend plagued by technical glitches on major exchanges and growing frustration from the crypto community.
While market interest remains strong, significant volatility and community dissatisfaction are clouding the project’s early momentum.
A Messy Launch: Exchange Glitches and a Missing Airdrop
Adding fuel to the fire, the PUMP launch was plagued by several issues. Kraken’s co-CEO acknowledged that some users couldn’t complete their presale orders due to system glitches.
The post PUMP Token Plunges Over 24% as Exchange Glitches and Airdrop Anger Mount appeared first on Coin Edition.
Read More
XRP ‘God Candle’ Signal from 630% Rally Flashes Again