pump Archives - Coin Engineer

Massive Sell-Off: Is There Insider Dumping in This Altcoin?

Haciyev Reşit — Mon, 23 Feb 2026 11:19:42 +0000

One of the notable developments in the crypto market has occurred on the PumpFun (PUMP) token side. On-chain data revealed that developer-linked wallets associated with the project executed large-scale sales. In particular, the sale of millions of dollars’ worth of PUMP tokens within a short period fueled speculation that selling pressure could intensify. These sales from developer-associated wallets increased short-term confidence concerns among investors and placed additional pressure on the PUMP price. Analysts note that wallet activity linked to project teams is typically monitored closely by the market, as such transactions can directly influence investor sentiment. Therefore, any additional sales or significant on-chain movements from developer wallets may play a critical role in determining PUMP’s price direction in the coming days.

Nearly $10 Million Sold From Developer Wallets

According to on-chain analysis, a wallet connected to the memecoin launch platform PumpFun sold its entire PUMP holdings for approximately $8.02 million. The proceeds were reportedly converted into USDC, with an average sale price of around $0.0021 per token. This move was interpreted as a significant position reduction on the developer side. Additionally, another wallet linked to PumpFun developers sold roughly $2.57 million worth of PUMP tokens. However, this wallet still reportedly holds around 3.54 billion PUMP tokens valued at approximately $7.4 million. Market participants have pointed out that this remaining balance could create further selling pressure if liquidated. As a result, investors have begun closely monitoring any potential new transfers or sales from these wallets. These developments suggest that short-term volatility in PUMP’s price may continue.

PUMP Price Under Pressure

Following the reported sales, PUMP experienced a modest pullback. According to recent market data, the token declined by about 2% over the past 24 hours, reinforcing expectations that selling pressure may persist. While the short-term decline remains limited, investors are paying close attention to the impact of developer wallet activity on price action. Looking at a broader time frame, the picture is more striking. PUMP is currently trading approximately 82% below its all-time high reached about seven months ago. This significant decline suggests that interest in the project has weakened compared to previous periods and that the hype surrounding memecoin launches has considerably faded.

PumpFun gained substantial popularity during the period when memecoin launches on the Solana network surged. Many tokens launched through the platform quickly achieved high trading volumes and attracted strong investor attention. However, as enthusiasm in the memecoin sector has cooled in recent months, activity within the PumpFun ecosystem has also slowed. Over the past month alone, PUMP has declined roughly 15%, and developer-linked sales have further weakened market confidence.

Assessment

The multi-million-dollar sales from PumpFun developer wallets may continue to create short-term pressure on the PUMP token. Trading significantly below its all-time high and facing the possibility of additional sales increases the risk factor for investors. In the coming period, developer wallet movements and overall platform activity will likely be key factors influencing PUMP’s price direction.

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Was a Binance Market Maker Account Compromised?

Emre Yumlu — Wed, 31 Dec 2025 23:48:59 +0000

Unusual activity in the cryptocurrency market has recently drawn significant attention, particularly on Binance spot exchange. Sharp and sudden price movements in the BROCCOLI714–USDT trading pair have raised serious concerns about the security of a market maker account operating on the platform. According to market observers, there is strong suspicion that one of Binance’s market maker accounts may have been compromised.

The incident has reignited discussions around exchange security, privileged accounts, and the potential systemic risks they pose when misused.

Sudden Price Surge Fueled by $10–20 Million

Reports suggest that a potential attacker gained access to a market maker account on Binance holding between $10 million and $20 million in capital. Using these funds, the attacker allegedly executed aggressive buy orders in the BROCCOLI714–USDT pair on Binance’s spot market.

Due to relatively low liquidity in the pair, the impact of these large purchases was immediate and dramatic. Within a very short timeframe, the token’s price surged by approximately 16 times (16x). The move demonstrated how quickly substantial capital can distort price discovery in lower-liquidity altcoin markets.

Rapid Rise Followed by an Equally Sharp Collapse

Despite the explosive rally, the price increase proved to be unsustainable. Shortly after reaching its peak, BROCCOLI714 experienced a rapid sell-off, retracing almost the entire move and returning close to its original price levels.

This sequence of events closely resembles a classic pump-and-dump pattern. However, the suspected involvement of a compromised market maker account adds a more serious dimension to the situation, raising concerns beyond typical market manipulation narratives.

Market Maker Accounts Under the Spotlight

Market makers play a crucial role in maintaining liquidity and orderly trading on centralized exchanges. However, this incident highlights the risks associated with accounts that control large amounts of capital and have elevated operational privileges.

At the time of writing, Binance has not issued an official statement confirming or denying whether a market maker account was hacked. Nevertheless, the scale and speed of the price movement suggest that this was not a routine market event.

Broader Implications for Exchange Security

The situation underscores the importance of robust security measures for institutional and market maker accounts. If compromised, such accounts can introduce extreme volatility, undermine market confidence, and expose retail participants to significant risk.

As developments continue to unfold, the crypto community is closely monitoring the situation, particularly in terms of transparency, accountability, and preventive measures going forward.

This content does not constitute investment advice. Cryptocurrency markets are highly volatile, and individuals should conduct their own research before making any investment decisions.

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Why Is MemeCore (M) Rising?

Emre Yumlu — Sat, 30 Aug 2025 10:05:45 +0000

In recent days, one of the standout projects in the crypto market has been MemeCore (M). Over the past three days, MemeCore has experienced an impressive 175% surge in value, capturing the attention of both retail and institutional investors. At the time of writing, the token is trading around $0.98 USD, and its recent momentum is largely attributed to the announcement of a significant strategic partnership.

The D.PUMP × MemeCore Partnership

One of the primary drivers behind MemeCore’s rally is its newly announced collaboration with D.PUMP. Recognized as an innovative PUMP platform, D.PUMP officially confirmed the establishment of a deep strategic partnership with MemeCore.

This collaboration goes beyond a standard agreement, as it focuses on strengthening ecosystem interconnections, fostering technical cooperation, and expanding market reach. By working together, both projects aim to empower not only the meme economy but also the broader space of on-chain assets.

Ecosystem Integration and Community Growth

As part of this partnership, D.PUMP will be fully integrated into MemeCore’s public chain and its global community network. This integration is expected to deliver long-term benefits, as it enhances MemeCore’s infrastructure while simultaneously expanding its community reach.

The joint effort is designed to promote deeper integration of meme culture within the crypto ecosystem, bridging the gap between cultural adoption and blockchain innovation. For community-driven projects, such initiatives are often key catalysts that drive adoption, visibility, and long-term sustainability.

The Core Reason Behind MemeCore’s Price Surge

The sharp increase of 175% in just a few days can be primarily attributed to the confidence and growth expectations fueled by this partnership. The collaboration also marks a pivotal step for $DDDD’s innovative PUMP model as it moves toward globalization, further strengthening the narrative around MemeCore’s potential.

In the crypto market, strong community support, strategic alliances, and technical integrations often play a decisive role in price movements. MemeCore has managed to capitalize on all of these factors, making it one of the most talked-about tokens in recent days.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don’t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news and updates instantly.

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Why Did Pump.fun PUMP Price Surge? $33 Million Move

Yeliz Akmaca — Wed, 13 Aug 2025 09:28:13 +0000

Pump.fun boosted the PUMP price by 15% in a single day by buying back $33 million worth of its total supply. This move increased the platform’s meme coin launchpad market share to 77%. The company allocated 97.29% of its weekly revenue distribution to buybacks, strengthening market dominance.

Between August 5–11, Pump.fun repurchased $8.42 million worth of PUMP, reaching a total of $33.13 million since the program began. This amount accounts for 0.729% of the token’s 1 trillion total supply. The large buyback program directly contributed to the price increase by reducing supply.

Following the buyback announcement, PUMP price rose to $0.0039772, up 27.67% week-over-week. Last month, the price had decreased by 0.61%. The recent surge significantly boosted investor confidence and market activity.

Pump.fun Buyback Boosts PUMP Demand

On-chain data shows that this week’s buyback was among the highest since the program’s inception. Revenue and buyback data indicate a sharp increase in token demand at the beginning of August. The highest buyback value was recorded on August 10.

The platform regained leadership in the Solana ecosystem’s meme coin launch space, surpassing LetsBonk. On August 11, Pump.fun issued 26,836 tokens, representing 73.6% of the 36,458 tokens issued that day. Bags issued 4,030 tokens in second place, while LetsBonk issued 1,813 tokens in third.

In the past 24 hours, Pump.fun earned $1.85 million in revenue with a trading volume of $195.76 million, holding a 77.4% market share. Bags held 15.3%, and BonkFun 4.2% market share. Analysts suggest that if the current strategy continues, PUMP could test new resistance levels in the near term.

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Pumpfun Surpasses LetsBonk! Leadership Shifts in Trading Volume

Emre Yumlu — Wed, 06 Aug 2025 12:00:18 +0000

Pumpfun has, for the first time since July 5, surpassed LetsBonk in terms of daily trading volume, revenue, and token issuance. This notable recent performance indicates a potential shift in power dynamics within the memecoin market.

Pumpfun Leads in Daily Trading Volume

As of August 6, Pumpfun’s 24-hour trading volume reached $469.67 million, surpassing LetsBonk’s volume of $464.91 million. This data clearly reflects the rising user interest in recent weeks.

Pumpfun’s trading volume showed a weekly increase of +37.59%, while LetsBonk experienced a decrease of -24.14%. This contrast is drawing investor attention toward the Pumpfun ecosystem.

Revenue and Issuance Also Follow the Trend

Not only trading volume, but platform revenue and token creation activity also show Pumpfun pulling ahead of LetsBonk. Especially in recent days, Pumpfun-based memecoins launched have gained attention with high interaction and volume.

A New Era in the Memecoin Ecosystem?

Pumpfun’s rise is igniting a new level of competition among Solana-based memecoin projects. While LetsBonk has long been one of the leading names in the sector, Pumpfun’s recent momentum might reshape the playing field.

Investors and community members are closely watching to see how the ongoing rivalry between these two platforms will unfold in the coming days.

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PumpFun ($PUMP) Token Presale Sold Out Within Minutes!

Emre Yumlu — Sat, 12 Jul 2025 14:39:17 +0000

Making a stormy entrance into the crypto world, PumpFun ($PUMP) token sold out in record time during its presale. Although only 12.5% of the total supply was offered, the presale ended in just 12 minutes. In the very first minute, $PUMP tokens worth $300 million were sold.

PumpFun Token Sale Details

Launched by the PumpFun platform, this new token has drawn attention, especially due to its connection with the Pump.Fun Protocols. $PUMP is positioned as the official utility token of the token launch platform hosted on pump.fun. However, it’s important to note that using the platform does not require holding PUMP.

Key Information

Price: $0.0040
Total Supply: 1 Trillion PUMP
Supply for Sale: 12.5%
Fully Diluted Valuation (FDV): $4 Billion

What is PumpFun?

PumpFun is a user-friendly token creation platform designed for anyone looking to launch their own tokens. It is also integrated with the swap.pump.fun automated market maker (AMM) protocol. The $PUMP token will be used within this ecosystem for community giveaways and promotional campaigns.

The incredible speed and volume seen in this presale highlight the growing interest in the PumpFun ($PUMP) project. This early momentum suggests we’ll be hearing a lot more about this ecosystem in the coming days.

Stay tuned and do your own research before making any investment decisions.

This content does not constitute investment advice. Markets involve high risk, and it’s important to do your own due diligence before investing.

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What is ChillGuy? The Viral TikTok Meme Making Millions

Emre Yumlu — Tue, 26 Nov 2024 15:00:28 +0000

ChillGuy, a meme coin on the Solana blockchain, increased its value by 2000%, reaching a market capitalization of $455 million.

From a Viral Meme to a Crypto Trend

ChillGuy emerged from a viral meme on TikTok, which has become a key reference point for Gen Z in terms of entertainment and economic trends.

The meme, depicting a character named “Chill Guy” who represents a simple and carefree lifestyle, was viewed millions of times under the #ChillVibes hashtag. The developers behind ChillGuy capitalized on the interest of young investors, successfully turning this cultural phenomenon into a cryptocurrency project.

The strategy proved highly effective: within just a few days, ChillGuy transformed from an almost unknown coin to a leading trend in the cryptocurrency world, rapidly attracting a growing community.

Is ChillGuy a Sustainable Success or Just a Temporary Craze?

Despite achieving remarkable success, many experts are cautioning about the risks associated with meme coins. Projects like ChillGuy are often driven more by emotions and speculation than by solid fundamentals, leading to significant price volatility.

While a 2000% growth is impressive, volatility remains a natural characteristic of such investments. For now, ChillGuy seems poised to stay in the spotlight as long as it continues to grow its community and maintain the narrative behind it. However, investors should carefully assess the risks before entering such markets.

Whether it is a temporary phenomenon or a lasting icon remains uncertain, but one thing is clear: ChillGuy has redefined what it means to be “cool” in the crypto world.

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Wiz Khalifa’s X Account Hacked to Promote Coin!

Yigit Taha OZTURK — Mon, 04 Nov 2024 11:00:22 +0000

The X account of famous rapper Wiz Khalifa was hacked to promote a memecoin called “WIZ.” Following the hack, posts from the account attempted to direct followers to this new coin. However, shortly afterward, the promoted WIZ coin’s value fell below $10,000.

The “WIZ” memecoin, promoted after Wiz Khalifa‘s X account was hacked, was launched on the Solana-based memecoin platform pump.fun. Within the first 15 minutes after launch, the value of WIZ coin surged to $3.4 million, only to plummet within an hour, dropping its market cap below $28,000. According to DEX Screener data, WIZ coin is currently trading at a value of $8,400.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Solscan data shows that the top two wallets bought approximately 155 million WIZ coins at launch for around $19,100 and sold them for a combined profit of $160,000.

While the identity of the individual responsible for hacking Khalifa‘s account or the method used remains unconfirmed, independent blockchain investigator ZachXBT claims that the same hacker took over the account of Truth Terminal developer Andy Ayrey on October 29.

In a public Telegram group message on November 3, Zach warned, “Do not buy Wiz Khalifa’s Pump Fun [token]; it’s the same hacker who recently compromised Andy Ayrey’s account.”

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