Pump Fun Rakes in $10.2M Weekly—Yet PUMP Token Still Lags Below ICO Price
Pump Fun’s fee machine is humming—$10.2 million weekly—but its namesake token can’t catch a break. Here’s why the numbers don’t lie (even when the charts do).
The Fee Frenzy vs. The Token Slump
While the platform’s revenue screams bull market, PUMP’s price whispers bear trap. Investors are left scratching their heads as the token lingers below its initial offering—proof that in crypto, hype doesn’t always equal ROI.
A Cynic’s Take
Another day, another project where the house wins and the bagholders… well, hold bags. At least the fees are real—unlike some ‘utility’ tokens gathering dust in your portfolio.
Pump token price (Source: CoinMarketCap)
The contrast highlights a key tension. Pump monetizes well, with a clean fee split of 0.3% per swap, split between LPs, the team, and creators, yet it faces headwinds from its token distribution: 18% of the supply went to private-sale investors, all unlocked on day one.
By contrast, Bonk’s community-first allocation strategy gives it a retail halo that continues to attract traders.
Pump’s seed valuation reportedly started at just $12 million, making its rise a 322x leap, but that same early-stage advantage may now be weighing on sentiment.
The takeaway: Pump prints real revenue, but lacks narrative fuel. Until it closes the gap between cash FLOW and community perception, it may continue to trail Bonk in market cap even as it leads in fees.
