Whale dumping sparks a battle for the lifeline of PUMP 0.005
Source: CoinWorld
Time: 2025-09-13 22:38:42
A whale sold 250 million PUMP tokens in a single transaction, raising concerns about potential price pressures, as the memecoin is trading at about $0.005. The massive sell-off is one of the largest in PUMP history, sparking discussions about market manipulation and token stability. Analysts are paying attention to whether the $0.005 level can serve as a key support level, with technical indicators showing bearish momentum but not yet forming a strong downward trend. Despite the high volume, the market remains cautious in the context of overall volatility of cryptocurrencies.