Pump.fun daily loss widens to 17% as Saturday selling builds

Pump.fun’s token traded at $0.002936 as of 2:40 p.m. ET (19:40 UTC) on Saturday, down 17% in 24 hours as selling picked up after midday.

The quick take

Price: $PUMP at $0.002936, −17% ↓ in 24 hours (CoinGecko, 19:39 UTC).
Trigger: a broad Saturday sell-off; Solana ($SOL) lost 9.9% in the same window, and no token-specific cause is confirmed.
Watch: the main PumpSwap pool, where sells led buys 10,236 to 9,657 over 24 hours.

What happened

The Pump.fun daily loss widened to 17% on Saturday. Pump.fun ($PUMP) traded at $0.002936 at 19:39 UTC, according to CoinGecko, down from a 24-hour high of $0.003547. Jupiter’s price feed showed $0.002939, a gap of 0.1%.

Most of the damage came late in the day. On Binance’s PUMP/USDT pair, the token sat near $0.00330 around midday UTC and near $0.00294 by 19:41 UTC. That puts nearly two-thirds of the daily loss after noon.

The drop cut the token’s market value to $1.35 billion, per CoinGecko. Trading volume across tracked markets reached $110 million over 24 hours.

Why it moved

The slide came during a wide market retreat. Solana ($SOL) fell 9.9% to $72.16 in 24 hours, per CoinGecko. LiveCoinWatch showed Bitcoin ($BTC) down 4.9% at $65,629.

No token-specific cause has been confirmed. Still, $PUMP fell about 1.7 times as far as $SOL over the same 24 hours.

Who’s buying and selling

Sellers held a small edge on-chain. In the largest $PUMP pool, the PumpSwap PUMP/USDC pair, DexScreener counted 10,236 sells and 9,657 buys over 24 hours. GeckoTerminal’s reading was close, with 10,207 sells and 9,630 buys.

That pool still held about $19.3 million in liquidity, per DexScreener. The platform also kept earning. DefiLlama put Pump.fun revenue at $985,282 in its latest 24-hour reading, above the 7-day daily average of about $856,000.

What to watch next

Whether sells keep outnumbering buys in the PumpSwap PUMP/USDC pool over the next day.
Whether $SOL steadies, since $PUMP has moved with the wider Solana market today.
Pump.fun’s daily revenue on DefiLlama, a sign of whether platform activity holds up during the slide.

Bottom line: The Pump.fun token lost about a sixth of its value in a day, mostly after midday, while the platform’s revenue stayed above its weekly average.

Price data: CoinGecko, cross-checked with Jupiter.