Pump.fun Token Dips 22% Post-ICO as LetsBONK Surpasses in Meme

ICO Meme coin pump.fun Once peaking above $0.006 shortly after its debut, the token has slipped more than 22% in value, trading near $0.004, effectively returning to its launch price. Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has... Author Profile Share Copied Last updated: July 19, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews Less than a week after its eagerly awaited ICO, Pump.fun’s native token, PUMP, has experienced a notable price setback. Key Takeaways: Pump.fun’s PUMP token has dropped over 22% since its ICO, trading near its initial price. LetsBONK has overtaken Pump.fun in meme coin creation volume amid a slowdown in Solana’s overall token minting. Pump.fun plans token utility upgrades, including buybacks and a “community takeover” feature to boost engagement. Once peaking above $0.006 shortly after its debut, the token has slipped more than 22% in value, trading near $0.004, effectively returning to its launch price, according to data from CoinMarketCap. The initial coin offering raised an impressive $600 million within just 12 minutes, selling 15% of the total 1 trillion PUMP supply to the public. Additionally, 18% of the tokens were sold privately, valuing the fully diluted market cap at... https://cryptonews.com/news/pump-fun-token-dips-22-post-ico-as-letsbonk-surpasses-in-meme-coin-minting/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple