pumpfun 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.

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.

The post Massive Sell-Off: Is There Insider Dumping in This Altcoin? appeared first on Coin Engineer.

Important Messages from the Founder of Pump.fun!

Haciyev Reşit — Sat, 10 Jan 2026 10:23:31 +0000

Pumpfun, which has drawn particular attention in the cryptocurrency market through the memecoin ecosystem, has come back into the spotlight following a statement from its founder, Alon Cohen, after a long silence. Speaking publicly for the first time in 65 days, Cohen announced that as of 2026 the platform will enter a comprehensive rebalancing process covering its incentive structure and creator fees. Following the announcement, the platform’s native token, PUMP, recorded a double-digit increase in a short period of time.

A Critical Message from Alon Cohen After a Long Silence

Alon Cohen’s remarks, after a long period of inactivity on social media, were closely followed by the crypto market. In his assessment, Cohen stated that:

The incentive models implemented recently within the Pumpfun ecosystem delivered significant gains, but over the long term they also brought certain structural challenges.

Immediately after the announcement, the price of PUMP rose by more than 10%. This rapid reaction indicated that investors priced the signaled changes for 2026 positively and that expectations regarding the platform’s future strengthened.

Dynamic Fees V1 and the Increase in On-Chain Activity

Cohen recalled that the primary goal of the Dynamic Fees V1 mechanism, introduced a few months ago, was to incentivize project tokens backed by strong teams. Thanks to this system, many content creators who had never previously interacted with the crypto ecosystem began launching tokens and streaming on the platform. According to the founder, this “streaming-focused” period created one of the strongest on-chain activity environments of 2025. It was emphasized that trading volume on the platform more than doubled during this period.

However, according to Cohen, this model proved to be unsustainable in the long run. While acknowledging that creator fees provided an effective incentive for project tokens with professional teams, Cohen stated that the same effect was not observed among average memecoin creators. On the contrary, this structure pushed users toward lower-risk token creation activities and relatively sidelined the high-risk trading behavior that forms the core of the platform.

Alon Cohen emphasized that Pumpfun’s main mission is to create a healthy market environment where traders provide liquidity, generate volume, and take risks. However, according to Cohen, the current creator fee structure can at times disrupt this delicate balance and weaken the platform’s natural market dynamics.

Cohen also acknowledged that, in theory, creator fees could be a powerful tool to improve the investability of projects. Nevertheless, he pointed out that the current system contains serious issues on the user experience (UX) side. According to Cohen, users often face trust-based, complex, and inefficient processes, which reduce the overall efficiency that both traders and project teams derive from the platform.

A New “Market-Based” Era for 2026

Without going into details, Cohen clearly stated that “major changes are on the way.” He noted that a more market-based approach would be adopted in the new period, where traders themselves will decide which trends deserve creator fees and how those fees should be used. This suggests that starting in 2026, the Pumpfun ecosystem aims for a more balanced, trader-focused, and sustainable structure.

Alon Cohen’s statement after a long hiatus is considered an important turning point for Pumpfun’s future. The rebalancing of incentives and creator fees could open the door to a new ecosystem dynamic for both traders and project teams.

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

The post Important Messages from the Founder of Pump.fun! appeared first on Coin Engineer.

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.

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

The post Pumpfun Surpasses LetsBonk! Leadership Shifts in Trading Volume appeared first on Coin Engineer.

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.

The post PumpFun ($PUMP) Token Presale Sold Out Within Minutes! appeared first on Coin Engineer.

PumpFun Transfers Massive Solana! Will a Dip Occur?

Yigit Taha OZTURK — Wed, 26 Mar 2025 15:00:36 +0000

Memecoin launchpad PumpFun has once again transferred a large amount of Solana (SOL) to Kraken. According to data from Onchain Lens, a total of 54,113 SOL, worth approximately $7.81 million, were moved to the trading platform.

This transaction is part of a pattern in which the launchpad has offloaded 1,573,313 SOL this year alone. On January 2, Onchain Lens reported that the launchpad moved 120,000 SOL, worth approximately $22.88 million, to Kraken. Additionally, last month, another 148,759 SOL, valued at $28.22 million, were transferred. These frequent transactions often place Solana under intense selling pressure.

PumpFun and the PumpSwap Move

In a bid to repair its ecosystem reputation, PumpFun has launched PumpSwap. This new platform is a decentralized exchange (DEX) designed to provide traders and investors with a more direct and efficient way to trade meme coins.

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

PumpSwap intends to reduce dependency on centralized exchanges like Kraken and hopes to improve liquidity within the Solana ecosystem.

Solana Price Outlook Amid Growing Consolidation

Despite PumpFun‘s frequent transactions, Solana‘s price has remained relatively stable. After the February 13 transfer of 148,759 SOL, CoinGape reported that SOL price dropped by 1.2% before recovering.

Many analysts have mixed opinions on whether the market will continue consolidating or if Solana will break out soon.
Some stakeholders, such as VanEck, see the coin soaring to $520 in the long term should market conditions be favorable. However, repeated large-scale transfers like those from PumpFun could serve as a headwind for the coin.

As of this publication, CoinMarketCap data shows that SOL price was trading at $143.99, up 1.60% in the last 24 hours.

The post PumpFun Transfers Massive Solana! Will a Dip Occur? appeared first on Coin Engineer.

New Measures for Memecoins Following the Libra Scandal!

Yigit Taha OZTURK — Tue, 18 Feb 2025 09:00:03 +0000

Pump.fun founder Alon has called for stricter measures for token launch platforms in the wake of the LIBRA memecoin scandal.

The LIBRA Memecoin Scandal Escalates!

The founder of the Solana-based Pump.fun platform emphasized the necessity of new regulations for token launch platforms. On February 18, Alon expressed his “great discomfort” over the LIBRA memecoin launch, calling it an “insider scam” in a post on X.

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

LIBRA was introduced as the official token of Argentina by President Javier Milei on February 15. However, shortly after, certain wallets siphoned $107 million from the token’s liquidity pool, and Milei deleted his post endorsing the token. This resulted in LIBRA losing $4.4 billion in market capitalization in just six hours.

Alon: “New Measures Must Be Taken!”

Pump.fun founder Alon argued that token launch platforms should implement stricter rules to enhance security and protect investors.

According to Alon:

Users should be educated on how to create coins safely and ethically.
Platforms should be made more user-friendly for new investors.
The visibility of tokens showing suspicious trading patterns or ownership structures should be restricted.

Resignation Shock at Meteora!

Meanwhile, Meteora co-founder Ben Chow announced his resignation due to “poor judgment” on certain critical matters within the project.

Meow, the founder of Jupiter, denied allegations that their teams were directly involved in the LIBRA token launch, stating that no insider information was used for personal gain. Chow also assured that neither he nor the Meteora team engaged in any illegal transactions regarding LIBRA.

Finally, Meow revealed that they had hired Fenwick & West, a law firm, to conduct an independent investigation into the situation and release a detailed report.

The post New Measures for Memecoins Following the Libra Scandal! appeared first on Coin Engineer.

Is Pump.fun Closing Down?

Yigit Taha OZTURK — Tue, 26 Nov 2024 13:00:41 +0000

The Pump.fun platform, known for enabling users to create and trade Solana-based memecoins, has seen rapid growth. However, a recent disturbing event has raised serious concerns. On November 25, 2024, during a live broadcast on Pump.fun, a user threatened suicide because their token did not reach the expected value. The situation was noticed by Beau, a security project manager for Pudgy Penguins, who intervened and immediately terminated the stream.

This incident is not an isolated case. Reports have emerged of other users displaying violent behavior, with some threatening harm to family members when their tokens failed to gain value. Pump.fun has faced criticism for not having sufficient measures in place to handle such dangerous content.

Platform officials, including Alon, have announced that moderation efforts will be increased. However, the community is calling for more effective oversight and security measures. This has led to growing concerns about the future of Pump.fun, with the live streaming feature temporarily disabled.

If adequate steps are not taken, the platform could face the risk of being shut down. The community is demanding more permanent solutions to ensure safety and accountability.

The post Is Pump.fun Closing Down? appeared first on Coin Engineer.