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Pump.fun's native token declined 35% over the past month despite the platform deploying $32.7 million in buybacks, revealing limitations of revenue-backed support during market downturns. The PUMP token fell to $0.0017, a price last seen during October's market-wide selloff, as whale selling overwhe

A federal judge has allowed plaintiffs in the Solana (SOL) “Pump.fun” class-action lawsuit to file a significantly expanded complaint after a confidential informant resurfaced with nearly 5,000 internal chat logs that may materially clarify how the alleged token-launch scheme operated. The ruling,

Daily token creation on Pump.fun has climbed above 20,000 throughout December, marking the highest sustained activity since mid-September. The platform recorded more than 25,000 new meme coins on Dec. 2. The increase suggests retail investors are returning to high-risk meme coin speculation as the y

Pump.fun's pseudonymous co-founder Sapijiju pushed back against reports that the platform transferred $436.5 million in USDC to Kraken exchange since mid-October, with an additional $537.6 million allegedly moving from Kraken to Circle for redemption. Blockchain analytics platform Lookonchain flagge

Pump.fun, the dominant meme coin platform on the Solana blockchain, has transferred more than 436 million USDC to cryptocurrency exchange Kraken since mid-October, according to on-chain data. The withdrawals come as the platform has maintained radio silence on social media for 10 days and its newly