Markets· ★★· bearish·

PUMP Falls 6.07% as $34.7M Token Unlock Adds Selling Pressure

  • —PUMP price at $0.0047595, down 6.07% daily and 19.81% weekly
  • —24-hour volume of $184.07 million is 33.64% below the 30-day average
  • —Reported unlock of about $34.71 million equals roughly 1.58% of market cap
  • —RSI at 44.6 and bearish MACD; stochastic at 3.9% signals oversold conditions
Why it matters: The unlock could add selling pressure, though PUMP still holds gains of 29.93% over 30 days and 189.65% over 90 days.
#PUMP
Source: DiarioBitcoin
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