PUMP, the native token of Pump.Fun, dropped over 14% in 24 hours after founder Alon Cohen confirmed that there is no immediate token airdrop. During a live with Michael “ThreadGuy” Jerome, Alon noted that the PUMP airdrop “is not going to be taking place in the immediate future.” He added that the team will inform investors of any details or timelines once they become available. Allon speaks about the pumpfun airdrop live on threadguy stream, "We want to reward OG pumpfun users" pic.twitter.com/gdfE7H4oRV — ً (@0xsyste) July 23, 2025 Alon noted that the company aims to reward the community that helped build a platform with the airdrop. “We want to make sure that it is a meaningful airdrop and it is executed well,” Alon said. “We’re actually focusing on bringing back a lot of that attention and hype to our ecosystem. That being said, the airdrop is not going to be taking place in the immediate future.” The memecoin launchpad initially priced its token at $0.004 during its ICO, representing 12.5% of the total 1 trillion supply. PUMP hit its all-time high (ATH) on the first day of trading, July 16, at $0.0068. Since then, the token has dropped by roughly 50%. PUMP Downward Scenario – What Can Investors Expect? According to the founder, the platform prioritizes long-term development over short-term incentives, emphasizing fair airdrop launch protocols. However, declining user activity has raised questions about the short-term Pump.Fun price prediction, considering PUMP’s distribution and current trading volumes. As a result, the token plummeted more than 40% in the last 7 days, according to CoinMarketCap data . The overall market cap of the token is down 14% and it is currently trading at $0.0031 at press time. Further, Lookonchain revealed that Jeffrey Huang, commonly known as Machi Big Brother, has added more to his PUMP long position, despite the token’s steep decline. His long position has been down over $5.8 million. As $PUMP keeps dropping, Machi Big Brother( @machibigbrother )'s $PUMP long position is now down over $5.8M, but he is still doubling down and adding more to his $PUMP long positions. https://t.co/T0DJNDGd53 pic.twitter.com/w3aDcxxCgD — Lookonchain (@lookonchain) July 24, 2025 Besides, 2 wallets linked to private sale investors sold more than 1.2 billion PUMP at $0.003 in the past two hours. This has resulted in a loss of $1.19 million. https://x.com/lookonchain/status/1948189406244012305 The PUMP token’s value is now likely to be driven by the platform’s core utility rather than airdrop-driven hype. In the immediate term, PUMP holders should anticipate market volatility as investors adjust to the revised nPUMP, the native token of Pump.Fun, dropped over 14% in 24 hours after founder Alon Cohen confirmed that there is no immediate token airdrop. During a live with Michael “ThreadGuy” Jerome, Alon noted that the PUMP airdrop “is not going to be taking place in the immediate future.” He added that the team will inform investors of any details or timelines once they become available. Allon speaks about the pumpfun airdrop live on threadguy stream, "We want to reward OG pumpfun users" pic.twitter.com/gdfE7H4oRV — ً (@0xsyste) July 23, 2025 Alon noted that the company aims to reward the community that helped build a platform with the airdrop. “We want to make sure that it is a meaningful airdrop and it is executed well,” Alon said. “We’re actually focusing on bringing back a lot of that attention and hype to our ecosystem. That being said, the airdrop is not going to be taking place in the immediate future.” The memecoin launchpad initially priced its token at $0.004 during its ICO, representing 12.5% of the total 1 trillion supply. PUMP hit its all-time high (ATH) on the first day of trading, July 16, at $0.0068. Since then, the token has dropped by roughly 50%. PUMP Downward Scenario – What Can Investors Expect? According to the founder, the platform prioritizes long-term development over short-term incentives, emphasizing fair airdrop launch protocols. However, declining user activity has raised questions about the short-term Pump.Fun price prediction, considering PUMP’s distribution and current trading volumes. As a result, the token plummeted more than 40% in the last 7 days, according to CoinMarketCap data . The overall market cap of the token is down 14% and it is currently trading at $0.0031 at press time. Further, Lookonchain revealed that Jeffrey Huang, commonly known as Machi Big Brother, has added more to his PUMP long position, despite the token’s steep decline. His long position has been down over $5.8 million. As $PUMP keeps dropping, Machi Big Brother( @machibigbrother )'s $PUMP long position is now down over $5.8M, but he is still doubling down and adding more to his $PUMP long positions. https://t.co/T0DJNDGd53 pic.twitter.com/w3aDcxxCgD — Lookonchain (@lookonchain) July 24, 2025 Besides, 2 wallets linked to private sale investors sold more than 1.2 billion PUMP at $0.003 in the past two hours. This has resulted in a loss of $1.19 million. https://x.com/lookonchain/status/1948189406244012305 The PUMP token’s value is now likely to be driven by the platform’s core utility rather than airdrop-driven hype. In the immediate term, PUMP holders should anticipate market volatility as investors adjust to the revised n
PUMP Crashes 14% Below ICO Price After Founder Rules Out Airdrop
2 min read
PUMP, the native token of Pump.Fun, dropped over 14% in 24 hours after founder Alon Cohen confirmed that there is no immediate token airdrop.
During a live with Michael “ThreadGuy” Jerome, Alon noted that the PUMP airdrop “is not going to be taking place in the immediate future.” He added that the team will inform investors of any details or timelines once they become available.
Alon noted that the company aims to reward the community that helped build a platform with the airdrop.
“We want to make sure that it is a meaningful airdrop and it is executed well,” Alon said. “We’re actually focusing on bringing back a lot of that attention and hype to our ecosystem. That being said, the airdrop is not going to be taking place in the immediate future.”
The memecoin launchpad initially priced its token at $0.004 during its ICO, representing 12.5% of the total 1 trillion supply. PUMP hit its all-time high (ATH) on the first day of trading, July 16, at $0.0068. Since then, the token has dropped by roughly 50%.
PUMP Downward Scenario – What Can Investors Expect?
According to the founder, the platform prioritizes long-term development over short-term incentives, emphasizing fair airdrop launch protocols.
However, declining user activity has raised questions about the short-term Pump.Fun price prediction, considering PUMP’s distribution and current trading volumes.
As a result, the token plummeted more than 40% in the last 7 days, according to CoinMarketCap data. The overall market cap of the token is down 14% and it is currently trading at $0.0031 at press time.
Further, Lookonchain revealed that Jeffrey Huang, commonly known as Machi Big Brother, has added more to his PUMP long position, despite the token’s steep decline. His long position has been down over $5.8 million.
Besides, 2 wallets linked to private sale investors sold more than 1.2 billion PUMP at $0.003 in the past two hours. This has resulted in a loss of $1.19 million.
https://x.com/lookonchain/status/1948189406244012305 The PUMP token’s value is now likely to be driven by the platform’s core utility rather than airdrop-driven hype. In the immediate term, PUMP holders should anticipate market volatility as investors adjust to the revised n
Market Opportunity
Threshold Price(T)
$0.008014
$0.008014$0.008014
USD
Threshold (T) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Regulatory Clarity Could Drive 40% of Americans to Adopt DeFi Protocols, Survey Shows
Over 40% of Americans express willingness to use decentralized finance (DeFi) protocols once regulatory clarity on crypto privacy emerges, according to a recent survey from crypto advocacy organization the DeFi Education Fund (DEF).
The survey, released on September 18, revealed that many Americans feel frustrated with traditional financial institutions and seek greater control over their financial assets and data.
Respondents believe DeFi innovations can deliver this change by providing affordability, equity, and consumer protection.
The survey was conducted with Ipsos on KnowledgePanel and included supplementary in-depth interviews in the Bronx and Queens between August 18 and 21, polling 1,321 US adults.
Survey Results Show Americans Ready to Adopt DeFi Protocols
The findings demonstrate that many Americans are curious about DeFi despite its early stage.
42% of Americans indicated they would likely try DeFi if proposed legislation becomes law (9% extremely/very likely and 33% somewhat likely).
84% said they would use it to “make purchases online,” while 78% would use it to “pay bills.”
According to the survey, 77% would use DeFi protocols to “save money,” and 12% of Americans are “extremely” and “very” interested in learning about DeFi.
Moreover, nearly 4 in 10 Americans believe that DeFi can address high transaction and service fees found in traditional finance (39%).
Consistent with other probability-based sample surveys, the Ipsos x DEF research shows that almost 1 in 5 Americans (18%) have owned or used crypto at some point in their lifetime.
Nearly a quarter of Americans (22%) said they’re interested in learning more about nontraditional forms of finance, such as blockchain, crypto, or decentralized finance.Source: DEF
The research shows that more than half (56%) of Americans want to reclaim control of their finances.
Americans are interested in having control over their money at all times, and many seek ways to send or receive money without intermediaries.
One Bronx, NY resident shared his experience of needing to transfer money between accounts, but the bank required him to certify the transfer and visit in person because he couldn’t move the amount he needed remotely.
He expressed frustration about the situation because “it was my money… I didn’t understand why I was given a hard time.“
More than half of surveyed Americans agree there should be a way to digitally send money to people without third-party involvement, and this number rises notably for foreign-born Americans (66%).
The researchers concluded that Americans are interested in DeFi and believe DeFi can reduce friction points in today’s financial system.
Regulatory Developments on DeFi Adoption in the U.S
Last month, DeFi Education Fund called on the US Senate Banking Committee to rethink how it plans to regulate the decentralized finance industry after reviewing its recently published discussion draft on a key crypto market-structure bill.
The response, signed on behalf of DeFi Education Fund (DEF) members including a16z Crypto, Uniswap Labs, and Paradigm, argued the Responsible Financial Innovation Act of 2025 (RFA) bill should be crafted in a more tech-neutral manner.
The group also emphasized that crypto developers should be protected from “inappropriate regulation meant for intermediaries,” and that self-custody rights for all Americans are “essential.”
The banking committee is now working on the discussion draft to help ensure it builds on the Digital Asset Market Clarity Act of 2025.
The goal is to promote innovation in the $162 billion DeFi industry without compromising consumer protections or financial stability.
On September 5, US Federal Reserve Governor Christopher Waller said there was “nothing to be afraid of” about crypto payments operating outside the traditional banking system.
This statement has raised hopes among many that DeFi would soon become the new financial infrastructure for Americans and the world
Share
CryptoNews2025/09/18 21:29
Michael Burry’s Bitcoin Warning: Crypto Crash Could Drag Down Gold and Silver Markets
TLDR Michael Burry warned that bitcoin’s drop below $73,000 may have forced institutions to sell up to $1 billion in gold and silver to cover crypto losses Burry
Share
Coincentral2026/02/04 15:28
Michelin-starred dimsum chain Tim Ho Wan doubles HK footprint with 10th store
For Tim Ho Wan’s chief executive officer Young Sheng Lee, the brand’s aggressive expansion in its home turf helped create a proven growth model that can be replicated
Share
Rappler2026/02/04 15:27