Pump.fun is the third-largest ICO in history, but its PUMP token keeps crashing
The post Pump.fun is the third-largest ICO in history, but its PUMP token keeps crashing appeared on BitcoinEthereumNews.com. Pump.fun managed to close as the third-biggest token sale in history. However, the token price started to slide soon after the launch, based on selling from whale buyers and even the developer wallet. The Pump.fun ICO became the third largest in history, after raising $500M for a $6B valuation for the meme platform. Pump.fun lines up behind TON and EOS, who raised billions. Now, the meme platform is facing skepticism that its high-profile event would not lead to growth. Based on Chainalysis data, Pump.fun still managed to hold an event outperforming some of the top projects from the 2017 ICO era.
The post Pump.fun is the third-largest ICO in history, but its PUMP token keeps crashing appeared on BitcoinEthereumNews.com.
Pump.fun managed to close as the third-biggest token sale in history. However, the token price started to slide soon after the launch, based on selling from whale buyers and even the developer wallet. The Pump.fun ICO became the third largest in history, after raising $500M for a $6B valuation for the meme platform. Pump.fun lines up behind TON and EOS, who raised billions. Now, the meme platform is facing skepticism that its high-profile event would not lead to growth. Based on Chainalysis data, Pump.fun still managed to hold an event outperforming some of the top projects from the 2017 ICO era.
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