Pump.fun Token Falls Below ICO Starting Price
Date: 2025-07-23 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
The price of the PUMP coin, created as part of the Pump.fun “meme token factory,” has fallen below the $0.004 level set during the ICO. At the time of writing, the price is around $0.0037, which is 45% lower than the high of $0.0068 recorded earlier. The token’s market cap is estimated at $1.31 billion with a fully diluted value (FDV) of $3.72 billion.
The coin’s presale took place on July 12 and was completed in just 12 minutes, raising a total of $500 million. However, it soon became known that approximately 60% of token sale participants either sold their assets or transferred them to centralized exchanges and third-party wallets. According to the dashboard on the Dune platform, only 13% of investors continue to hold the coin, indicating a significant outflow of holders.
Lookonchain also revealed that two large early investors have listed tokens on centralized exchanges for about $160 million, which has increased pressure on the PUMP price.
However, despite the overall negative dynamics and large sales, the volume of purchases among retail investors is growing, as is the number of unique wallets holding the token.
The fall of Pump.fun occurs against the background of the general growth of the meme token segment, which has added almost 24% over the past week, reaching a capitalization of $89.2 billion. The leaders in growth were such coins as FLOKI (+ 50%), DOGE (+ 38%), PENGU (+ 28%) and BONK (+ 23%). At the same time, the main drivers of the market remain "dog" meme tokens, and assets based on Solana demonstrate a stable positive trend.
A user with the nickname Ralph noted that almost all major blockchains have already had a "meme token season", with the exception of XRP. He expressed hope that Ripple will have a full-fledged meme season in the future, for which they need to improve the user experience and interface.
It is worth recalling that CryptoQuant analyst Timo Oinonen announced the end of the era of mass alt seasons, which may affect the further dynamics of the altcoin and meme token market.
Thus, the situation with Pump.fun demonstrates the difficulty of maintaining positions in the rapidly changing meme token segment, especially in the context of large-scale sales and redistribution of assets among large players and retail investors.
