#PUMP $PUMP LONG TRADE
ENTRY: 0.001521
TARGET: 0.00176
STOPLOSS: 0.001485 https://t.co/gVx1gVMPX7
#PUMP $PUMP LONG TRADE
ENTRY: 0.001521
TARGET: 0.00176
STOPLOSS: 0.001485 https://t.co/gVx1gVMPX7
move sl to entry, fomc soon
$PUMP Interesting spot https://t.co/KirAyQIPlW
8 month down trend into 10/10 flush sweep.
Now trying to hold that ~$0.0015 level as support.
Big cliff unlock next month so wouldn't be surprised if the team tries to squeeze it before.
$XPL same thing and look what that just did last week.
Activity on Pump .fun dropped 80% as investors abandon memecoin
Activity on Pump .fun, a platform for creating and trading memecoin, fell by up to 80% as users moved to perpetual futures trading. The token graduation rate dropped to 0,26% last week, revenue is now about $800,000 per day versus $4.8 million six months ago. The platform's PUMP token has fallen 40% over the past six months.
This downturn also dragged down fees on the Solana network, where Pump .fun operates, now down to about 5,300 SOL per day compared to 33,000 SOL in January. Analysts say investors are shifting to prediction markets and perpetual futures, contracts without an expiration date that are popular among many.