Shocking! Pump.fun Dumped Nearly $750M SOL Ahead of X Ban

Pump.fun, the memecoin launchpad that dominates Solana’s onchain activity, sold off approximately 4.1 million SOL tokens worth $741 million, just days before its official suspension from X. According to Lookonchain, the platform conducted mass token sales across multiple transactions beginning May 19, 2024, at an average price of $180 per SOL. Among the transfers, 264,373 […]

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