Pump.Fun (PUMP)

#PUMP $PUMP LONG TRADE ENTRY: 0.001521 TARGET: 0.00176 STOPLOSS: 0.001485 https://t.co/gVx1gVMPX7

Activity on Pump .fun dropped 80% as investors abandon memecoin Activity on Pump .fun, a platform for creating and trading memecoin, fell by up to 80% as users moved to perpetual futures trading. The token graduation rate dropped to 0,26% last week, revenue is now about $800,000 per day versus $4.8 million six months ago. The platform's PUMP token has fallen 40% over the past six months. This downturn also dragged down fees on the Solana network, where Pump .fun operates, now down to about 5,300 SOL per day compared to 33,000 SOL in January. Analysts say investors are shifting to prediction markets and perpetual futures, contracts without an expiration date that are popular among many.

PumpFun Revenue Drops From $4.8M to $800K in 6 Months as Activity Slows #PumpFun https://t.co/DoHzy2gsq4

Pumpfun graduation rate hit 0.26%, down 80% in 3 months. Solana daily fees cratered from 33,000 SOL to 5,300 SOL. Retail spec flow rotated to perps on Hyperliquid. $PUMP sitting near $0.0015. The memecoin flywheel stalled.

$PUMP update: Huge bullish divergence on the daily. I think during the next market rally this one could make some noise. Targets are 0019 and 0029 and then there is a cycle target meeting a double top at 009 almost 1 cent. https://t.co/ZEUWnTDBDV

Lots of altcoins are starting to look attractive from a technical analysis point of view, especially those that are holding a higher low above their February low while Bitcoin itself has made a new low. To me, that signals that investors are shifting their approach. Even on altcoins such as PUMP, which has made new lows, the bearish structure is showing signs of exhaustion. This can turn into a deviation after sweeping the liquidity below all those lows, resulting in a bullish EW count, breaking the bearish trendline, and triggering a short squeeze that sweeps liquidity above all those highs where the trend began around 0.0046–0.0060, followed by an intra-range correction before eventually pushing toward a new all time high. I remember very well how the entire CT was bullish on PUMP even accounts I had never seen before were talking about it. At the time I saw that as a warning sign not to buy into the euphoria because the price would eventually drop again, and right now there's literally nobody talking about it. P.s the trigger comes only after we reclaim that blue box

The chart is usually the last thing I check. When I open a token on @GeckoTerminal, I go straight to the Holders tab first. Using $PUMP as an example: The first thing I look at is concentration. Here, the top 10 wallets hold roughly 75.7% of the supply while the largest wallet alone sits around 42.6%. That doesn't automatically make it good or bad. The next step is figuring out who those wallets actually are. Exchange wallets, liquidity-related wallets, and long-term holders tell a very different story than an unlabeled cluster controlling a large share of supply. Then I check holder growth. In this case, the token has grown to more than 121K holders over time, which helps provide context beyond the distribution numbers alone. The Holders tab isn't about predicting what happens next. It's about understanding who controls the supply before making any decision. If you're not checking holders before the chart, you're probably missing half the story. Check the $PUMP Holders tab on GeckoTerminal and run the same process yourself.

I think PUMP could be setting up for a run. I'm not a fan of memes, so this isn't based on hype. It's based on what we've already seen happen with Hyperliquid. Back in January 2026, Hyperliquid's token unlocks were one of the market's biggest concerns. The unlocks began with HYPE trading around $25. Since then, the token has rallied to $75 despite bearish conditions. Now look at Pump: Trading volume has been flat for months, the token has been bleeding, and unlocks begin this July. The market seems to be pricing in heavy selling pressure. But if the team manages distributions the way Hyperliquid did, that narrative could change very quickly. I'm not saying that's what will happen. I'm saying the setup looks surprisingly similar. I haven't spent time researching @Pumpfun to have a strong conviction, so I'd love to hear from people who know the project better. Maybe I'm missing something.

Which DeFi protocols actually create value? Really enjoyed watching this panel from the Dromos team. They're set to launch next month on Ethereum mainnet, and it's honestly one of the DeFi launches I'm looking forward. I can't remember the last time a DEX introduced such a shift in how liquidity and incentives are managed. This panel compares how much value different protocols generate through fees, buybacks, and token holder distributions versus how much they emit. A few things surprised me: > @Pumpfun continues to be one of the strongest token buyback machines in DeFi. That said, I noticed today that team and investor unlocks begin in July 2026, releasing around 33% of the supply over the following 36 months. > I was also surprised to see Uniswap ranking so high. I knew it was generating value, but not to that extent. > Finally, it's impressive how many Solana projects appear: @MeteoraAG, @JupiterExchange, @Raydium, and Pump. Whatever your view on Solana today, it's clear that several teams have built real businesses and that's always good to see.