Pump Fun Price Surges 14% Amid Whale Activity
Pump.fun's token price spiked 14% in 24 hours, pushing its market capitalization to $2.13 billion. Trading volume exceeded $756 million as market participants attributed the rally to a single entity realizing $5 million in profits.
The memecoin platform's sudden gains highlight the continued volatility and whale-driven momentum in speculative crypto assets. No major exchanges currently list the token, suggesting organic demand rather than institutional participation fueled the move.