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BackPump.fun's PUMP Token Faces Major Liquidity Test on July 12
Pump.fun's PUMP Token Faces Major Liquidity Test on July 12
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CryptoSlate10h agoBusiness

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

Quick Look

  • 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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