Markets· ★★· bearish·

PUMP drops 11.58% to $0.005541 on volume 55% above average

  • —PUMP price at $0.005541, down 11.58% on the day
  • —Volume of $435.3 million, 55.51% above the 30-day average
  • —Price below SMA-7 ($0.0060892) and VWAP ($0.0057181)
  • —Pump.fun's $2.838 billion treasury is concentrated in PUMP
Why it matters: Pump.fun's treasury concentration in its own token amplifies liquidity risk amid 155.1% annualized volatility.
#PUMP
Source: DiarioBitcoin
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