A new set of stablecoin transfers has pushed Pump.fun back into the spotlight as questions over its recent activity resurface. Summary Pump.fun sent another $75M USDC to Kraken, bringing total transfers since Nov. 15 to $480M. The team denies cashing out, saying the movements are part of treasury management using USDC raised from its ICO. PUMP trades at $0.00294, down 38% over the…
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Pump.fun co-founder, Alon Cohen, comments below a post by crypto KOL Downsin Jerome that claims there will be an alleged airdrop for Solana wallet holders on July 24. In a recent post, crypto influencer Downsin Jerome claimed that the meme coin launchpad platform’s co-founder Alon Cohen allegedly confirmed that there will be an airdrop for the project’s native token on…
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Solana-based memecoin launchpad and trading platform Pump.fun’s total SOL deposits to Kraken amount to over $660 million: Is this a massive profit cash out or liquidity play? According to on-chain data, Solana-based memecoin generator Pump.fun quietly moved 132,180 Solana sol4.19%Solana, worth approximately $20.87 million, to Kraken on June 10, sparking speculation about its established pattern of revenue…
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Pump.fun, the Solana-based meme coin launchpad, deposited 65,122 SOL ($11M) adding to its substantial exchange activity. According to a Feb. 20 X post by on-chain analytics firm Lookonchain, the platform has now transferred 2.35 million Solana sol3.35%Solana ($473 million) to Kraken and sold 264,373 SOL for $41.64 million USDC, while its total earnings stand at 2.93 million…
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