PUMP token falls 9% as Pump.fun faces insider dumping allegations

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The PUMP token remained under pressure over the past 24 hours, extending its recent decline as fresh allegations against Pump.fun surfaced on social media. The company simultaneously stepped-up efforts to strengthen its legal team. At the time of writing, PUMP traded at $0.001261, down 9.1% over the past 24 hours, as per data from crypto trading apps. During the session, the token moved between $0.001232 and $0.001410, with the day’s low marking a new all-time low before the token recovered slightly. The token is now down 15.3% over the past seven days and has fallen 28.7% in the last month, highlighting the persistent selling pressure that has weighed on the asset.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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