Pump.fun Token Dips 22% Post-ICO as LetsBONK Surpasses in Meme
0ICO
Meme coin
pump.fun
Once peaking above $0.006 shortly after its debut, the token has slipped more than 22% in value, trading near $0.004, effectively returning to its launch price.
Crypto Journalist
Amin Ayan
Crypto Journalist
Amin Ayan
About Author
Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has...
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Last updated:
July 19, 2025
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Less than a week after its eagerly awaited ICO, Pump.fun’s native token, PUMP, has experienced a notable price setback.
Key Takeaways:
Pump.fun’s PUMP token has dropped over 22% since its ICO, trading near its initial price.
LetsBONK has overtaken Pump.fun in meme coin creation volume amid a slowdown in Solana’s overall token minting.
Pump.fun plans token utility upgrades, including buybacks and a “community takeover” feature to boost engagement.
Once peaking above $0.006 shortly after its debut, the token has slipped more than 22% in value, trading near $0.004, effectively returning to its launch price, according to data from CoinMarketCap.
The initial coin offering raised an impressive $600 million within just 12 minutes, selling 15% of the total 1 trillion PUMP supply to the public.
Additionally, 18% of the tokens were sold privately, valuing the fully diluted market cap at...
https://cryptonews.com/news/pump-fun-token-dips-22-post-ico-as-letsbonk-surpasses-in-meme-coin-minting/
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