Pump Fun Rakes in $10.2M Weekly Fees—But PUMP Token Faces Early Unlock FUD

Pump Fun’s revenue engine is firing on all cylinders—generating a staggering $10.2M in fees last week alone. But the party might not last.

Early token unlocks loom over PUMP, threatening to dump cold water on its rally. Will degens hold the line, or is this another ‘VC exit liquidity’ special?

Pro tip: In crypto, ‘early unlocks’ usually mean ‘early exit’—just ask the bagholders.

Early token unlocks hurt PUMP’s price

Since its launch on July 12, the Pump token has dropped 47.91% from $0.00716 to its current price of $0.003691. The most likely reason for this price drop was insider selling, both by the team and private investors.

Notably, the PUMP token public sale, open to all investors, accounted for just 15% of the tokens. At the same time, 18% were reserved for private investors. Moreover, all of these tokens were unlocked immediately after the ICO.

This means that whales controlled more than half of the tradable tokens on launch, and many of them dumped their tokens immediately. According to earlier reports, two private investors have already sold 25.5 billion PUMP tokens, generating a $39.6 million profit.