Pump Fun is unlocking $127M insider tokens worth double PUMP’s recent daily volume
The post Pump Fun is unlocking $127M insider tokens worth double PUMP’s recent daily volume appeared on BitcoinEthereumNews.com. Pump.fun built one of crypto’s fastest meme-token liquidity machines. Now, on July 12, its own token faces the kind of liquidity test the platform usually creates for others. The platform’s PUMP token is set to unlock on July 12, with Tokenomist valuing it at $127 million, equal to 29.23% of the circulating supply. The scheduled release is tied to insider allocations: Tokenomist’s weekly unlock digest describes the tranche as flowing to team and early investors, while its PUMP vesting page identifies the next release as Existing Investors. That matters because PUMP is facing a large scheduled release against an order book that recently showed far less daily turnover than the unlock size. CryptoSlate market pages showed PUMP trading near $0.00155 on July 8, with 24-hour volume between roughly $64 million and $70 million across the PUMP asset page and the broad