Pump.fun token drops 10% as an afternoon slide deepens

Pump.fun token drops 10% as an afternoon slide deepens its weekly loss

Pump.fun’s token fell 10% in 24 hours to $0.00522 as of 1:40 p.m. ET on Oct. 12, per CoinGecko, extending an 18% weekly loss.

The Pump.fun token drops 10% in 24 hours to $0.00522 as of 1:40 p.m. ET (17:40 UTC) on Monday, according to CoinGecko. Pump.fun ($PUMP) is now down 18% over seven days, with a market value of about $2.42 billion.

The quick take

Price: $PUMP traded at $0.00522, down 10% in 24 hours and 18% in a week (CoinGecko, 17:40 UTC).
Trigger: Selling picked up after 14:00 UTC as Solana tokens slid together; no single cause is confirmed.
Watch: Whether $PUMP holds its 24-hour low of $0.00520 and whether platform revenue stays steady.

What happened

$PUMP traded between $0.00520 and $0.00602 over the past 24 hours, per CoinGecko at 17:42 UTC. Most of the loss came in the afternoon. On Binance’s PUMP/USDT pair, the hourly close fell from $0.00562 at 14:00 UTC to $0.00520 at 17:00 UTC, a 7.4% drop in three hours.

Jupiter’s price of $0.00520 matched CoinGecko within 0.4%. Trading volume reached $201 million over 24 hours, per CoinGecko. The token is still up 42% over 30 days, but it sits 41% below its record of $0.00882 from Sept. 14, 2025.

Why it moved

The drop came during a wide pullback in Solana tokens. Solana ($SOL) fell 4.6% in 24 hours, while Jupiter Exchange ($JUP) lost 10% and Orca DEX ($ORCA) lost 12%, per CoinGecko.

The wider market fell less. Bitcoin ($BTC) slipped 1.9% in 24 hours, according to LiveCoinWatch at 17:41 UTC. No single cause for the $PUMP move is confirmed.

Who’s buying and selling

Pool data gives a split picture. In the largest $PUMP pool listed by DexScreener, an Orca pool against $SOL with $2.25 million in liquidity, buys outnumbered sells 33,194 to 30,882 over 24 hours.

GeckoTerminal’s top pool, a PumpSwap pool against USDC with $25.3 million in liquidity, showed the opposite: 9,596 sells against 9,175 buys. Trade counts do not show trade size, so neither reading proves who drove the price.

What to watch next

The platform itself is still earning. Pump.fun collected $1.44 million in revenue over the latest 24 hours and $11.5 million over seven days, per DefiLlama.

Readers can watch whether that income holds while the token slides. Its 24-hour low of $0.00520 is the nearest level to watch.

Bottom line: $PUMP fell more than twice as hard as $SOL on Monday, even as Pump.fun kept earning $1.44 million a day.

Price data: CoinGecko (cross-checked with Jupiter).