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Pump.fun Airdrop? Don’t Count on June—July Looks More Likely: Here’s Why


by Abdulkarim Abdulwahab
for CoinEdition
Pump.fun Airdrop Odds Tilt Toward July 31, Says Polymarket Data
  • Polymarket traders assign a 30% chance of a Pump.fun airdrop by July 31.
  • Rumors of a new token, UMP, drive pre-market activity and social chatter.
  • No official announcement has been made, but speculation continues to build.

Speculation over a potential airdrop by Pump.fun is heating up in online prediction markets. The popular blockchain-based prediction platform Polymarket is tracking market sentiment around when Pump.fun might launch an airdrop. As of today, June 21, two major dates have attracted the most attention: June 30 and July 31.

According to the latest odds, a June 30 airdrop is viewed as highly unlikely. Traders have placed over $29,000 in volume on this outcome, with shares for “Yes” trading at just 1.7 cents, reflecting only a 1% probability.

In contrast, the market gives a July 31 airdrop a 30% chance, with “Yes” shares trading at 34 cents. Volume for this date is slightly higher at $29,562, signaling strong market interest in a later launch.

Essentially, traders on Polymarket see only a 1% chance of a June airdrop but assign a 30% likelihood that it will occur by July 31.

Related: Pump.fun Returns After Suspension—Can Sola…

The post Pump.fun Airdrop? Don’t Count on June—July Looks More Likely: Here’s Why appeared first on Coin Edition.

Read the article at CoinEdition

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Pump.fun Airdrop? Don’t Count on June—July Looks More Likely: Here’s Why


by Abdulkarim Abdulwahab
for CoinEdition
Pump.fun Airdrop Odds Tilt Toward July 31, Says Polymarket Data
  • Polymarket traders assign a 30% chance of a Pump.fun airdrop by July 31.
  • Rumors of a new token, UMP, drive pre-market activity and social chatter.
  • No official announcement has been made, but speculation continues to build.

Speculation over a potential airdrop by Pump.fun is heating up in online prediction markets. The popular blockchain-based prediction platform Polymarket is tracking market sentiment around when Pump.fun might launch an airdrop. As of today, June 21, two major dates have attracted the most attention: June 30 and July 31.

According to the latest odds, a June 30 airdrop is viewed as highly unlikely. Traders have placed over $29,000 in volume on this outcome, with shares for “Yes” trading at just 1.7 cents, reflecting only a 1% probability.

In contrast, the market gives a July 31 airdrop a 30% chance, with “Yes” shares trading at 34 cents. Volume for this date is slightly higher at $29,562, signaling strong market interest in a later launch.

Essentially, traders on Polymarket see only a 1% chance of a June airdrop but assign a 30% likelihood that it will occur by July 31.

Related: Pump.fun Returns After Suspension—Can Sola…

The post Pump.fun Airdrop? Don’t Count on June—July Looks More Likely: Here’s Why appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Bullish Surge or Bearish Drift: Can PUMP Bulls Drive It to $0.0050 or Watch It Slip?

The recent recovery attempts over the last few days are failing, and the broader cryp...
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