Pump.fun token sheds 7.5% in a day as sellers outpace buyers

The Pump.fun ($PUMP) token traded at $0.002887 at 10:40 a.m. ET on Nov. 15, down 7.5% over 24 hours as sellers outnumbered buyers on its main pool.

The quick take

Price: $0.002887, -7.5% ↓ over 24 hours (CoinGecko, 15:39 UTC).
Trigger: No Pump.fun news explains the drop; most of it came on Saturday evening ET, with a fresh dip on Sunday morning.
Watch: CoinGecko’s 24-hour low of $0.002750 and the sell-heavy flow on PumpSwap.

What happened

The Pump.fun token sheds 7.5% in a day as more traders sell than buy. Pump.fun ($PUMP) traded at $0.002887 at 10:40 a.m. ET on Sunday, Nov. 15, according to CoinGecko.

Jupiter priced $PUMP at $0.002880, within 0.3% of CoinGecko. On Binance’s PUMP/USDT pair it traded at $0.00288, down 8.0% over the same 24 hours. CoinGecko put the day’s range between $0.002750 and $0.003133.

Why it moved

Most of the drop came on Saturday. Binance hourly closes show $PUMP sliding from $0.003159 in the 10 a.m. ET hour to $0.002794 in the 9 p.m. ET hour, its lowest close of the window.

The token bounced to $0.002961 an hour later and held near $0.00293 through Sunday morning. A fresh dip then pulled it to $0.00287 in the 10 a.m. ET hour.

No Pump.fun announcement explains the move, so the cause is not confirmed. The wider market was soft, too. Solana ($SOL) fell 2.9% to $71.26 on CoinGecko, and Bitcoin ($BTC) slipped 0.9% to $64,756, per LiveCoinWatch.

Who’s buying and selling

Sellers led on the token’s largest pool. DexScreener counted 6,690 sells against 5,704 buys over 24 hours on the PumpSwap PUMP/USDC pool, which holds $19.1 million in liquidity. GeckoTerminal showed nearly the same split: 6,679 sells to 5,684 buys.

CoinGecko tracked $151.5 million in 24-hour trading volume and a market value of $1.32 billion.

The platform itself kept earning. DefiLlama shows $752,455 in Pump.fun revenue over the past 24 hours and $5.96 million over seven days. PumpSwap held $253.9 million in deposits, down 2.2% in a day.

What to watch next

Watch whether $PUMP holds above the $0.002750 low in CoinGecko’s 24-hour range, and whether buys catch up with sells on PumpSwap. DefiLlama’s daily revenue shows whether use of the platform holds up while the token slides.

Bottom line: The Pump.fun token lost 7.5% in a day with sellers in front, while the platform still earned more than $750,000 in revenue.

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