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Just over a week after launch, Pump.fun (PUMP), a Solana launchpad, has slid below its listing price of $0.00543. The PUMP token was launched across major exchanges on July 15th. According to Coingecko data, the token surged to a high of $0.00678; however, it has lost all momentum.
Image Courtesy: CoinGecko
Over the past seven days, the PUMP token has declined by 45% and is currently trading at $0.003658. This means the coin has now fallen more than 32% below its listing price.
The primary reason for this sharp drop is large-scale offloading by crypto whales. Almost 60% of ICO participants, who invested in the token before the launch in major CEXs, have already sold or transferred their tokens to exchanges, causing central selling pressure in the coin.
Pump.fun stirred the crypto world earlier this month by raising $600 million in its presale in just 12 minutes. Even though it debuted at a premium of 40% more than its presale price, PUMP token’s decline has now turned early excitement into anxiety.
Despite its early success, community members are now rotating funds to alternatives that could sustain long-term momentum and provide substantial growth.
Major Wallets Move $160 Million Worth Of Pump Tokens
A recent report from blockchain analytical firm Loconchain revealed that two major wallets, labeled as “PUMP Top Fund 1” and “PUMP Top Fund 2,” which were participants in the ICO, have transferred $160.87 million worth of PUMP tokens to centralized exchanges.
The $PUMP price has dropped below its private/public sale price of $0.004.
"PUMP Top Fund 1" spent 100M $USDC to buy 25B $PUMP at $0.004 in the private sale.
So far, he has deposited 17B $PUMP($89.5M) to exchanges via #FalconX and still hold 8B $PUMP($29.58M)."PUMP Top Fund… pic.twitter.com/xibWUaCOxz
— Lookonchain (@lookonchain) July 22, 2025
PUMP Top Fund 1 moved around 17B PUMP tokens (worth $89.5M) to exchanges via FalconX and still holds 8B PUMP tokens (worth $29.58M), while the second fund, PUMP Top Fund 2, has already deposited all 12.5B $PUMP (worth $71.37M) to exchanges.
This enormous movement by whales has further intensified fears of an extended price correction, which has led to a crash in the token’s price.
Image Courtesy: TradingView
At the time of writing, PUMP is trading above its local support level of $0.00358. Lower timeframe analysis shows that it is hovering in the $0.0036 and $0.00388 range. If the price breaks the lower support, we might see a further sell-off to lower levels.
However, if the bulls successfully clear the $0.004 resistance, the PUMP token could recover to its launch price. The buyback volume will be a crucial factor that could determine the coin’s fate.
While the broader meme coin market is experiencing strong momentum, PUMP’s failure to regain momentum is troubling investors. Savvy investors have already diversified into the new Bitcoin infrastructure project, Bitcoin Hyper (HYPER), that is gaining massive traction in its presale.
Bitcoin Hyper (HYPER) Presale Heats Up as a 100x Run Coming?
As the PUMP token faces massive selling pressure, Bitcoin Hyper, the first layer-2 project on Bitcoin, has emerged as the best bet for the 2025 bull market. It is the world’s first meme ICO on Bitcoin, combining the two major forces in the crypto market: Bitcoin’s institutional appeal and the explosive price potential of meme coins.
Due to its slow speed, high cost, and inadequate infrastructure, Bitcoin has been unable to accommodate DeFi applications like Solana and Ethereum. This in itself is a huge market, with over $2 trillion in capital sitting idle in Bitcoin.
However, Bitcoin Hyper’s revolutionary platform brings speed and scalability to Bitcoin, leveraging the Solana Virtual Machine (SVM). The project has brought a solution to bring together the meme, gaming, and other sectors on the world’s largest blockchain.
With the help of the Bitcoin Hyper platform, anyone can now launch DeFi applications on the Bitcoin blockchain. Experts are calling it Bitcoin’s Ethereum ERC-20 moment.
In its ongoing token presale, Bitcoin Hyper has raised over $4.3 million, demonstrating strong investor confidence. The demand skyrocketed after whales from tokens like PUMP entered the presale.
Bitcoin Hyper is giving Bitcoin an ultra upgrade, and investors can grab this opportunity at a discounted price of $0.012357 per token. Due to strong fundamentals and unique opportunities, Bitcoin Hyper’s community is growing rapidly. The project has already gained 11,300 followers on the social media platform X (formerly Twitter).
