Pump.fun's PUMP Token Faces Major Liquidity Test on July 12

Pump.fun PUMP token cryptocurrency

L'essentiel

Pump.fun's PUMP token is set for a significant unlock on July 12, potentially releasing $127 million worth of tokens.
This event poses a major liquidity test as the unlock size is nearly double recent daily trading volumes, raising concerns about the secondary market's ability to absorb the supply without significant price depreciation.

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Pump.fun's PUMP token is set for a significant unlock on July 12, potentially releasing $127 million worth of tokens. This event poses a major liquidity test as the unlock size is nearly double recent daily trading volumes, raising concerns about the secondary market's ability to absorb the supply without significant price depreciation.

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