TL;DR (Because Who Reads Anymore?)
- PUMP nosedives through “support” like a drunk through a saloon door. Next stop? $0.0024—or your money back! (Just kidding, no refunds.)
- Big funds are dumping faster than a bad Tinder date. 17 billion tokens? 12.5 billion? Just a casual Tuesday for these whales.
- Some optimist scribbled a “bullish wedge” on a napkin. If PUMP climbs back up, it might rally 50%. If. 🤡
Support? What Support? 🤷♂️
PUMP.fun (PUMP) has decided that gravity is, in fact, a law. The $0.004035 “support” level—once a cozy nest for hopeful traders—is now a distant memory. Like a bad relationship, it tried to rekindle things on July 22, but the rejection was swift and brutal.
Current price: $0.00371. Down 15% in a day, 34% in a week. Even the private sale buyers are bailing, which is never a good sign. Two funds have already yeeted their tokens onto exchanges like they’re hot potatoes. One dumped 17 billion, the other went all-in with 12.5 billion. Commitment issues? Maybe.
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).
— Lookonchain (@lookonchain) July 22, 2025
Analyst CryptoPatel, ever the cheerleader, predicts a 40% drop to $0.0024. Because why stop at “pain” when you can aim for “agony”?
Bears Roam Free, Bulls Hibernate 🐻❄️
The July 14–16 crash was just a warm-up. Sellers are now the undisputed kings of this jungle. Unless PUMP magically reclaims $0.004035–$0.004061 (spoiler: it won’t), the trend is your bearish friend.
But wait! Captain Faibik, the eternal optimist, spotted a “bullish PO3 pattern” and a “falling wedge” on the 1-hour chart. Translation: If PUMP breaks upward, it might rally 50%. That’s a big “if,” folks. Like “if I win the lottery” big.
The chart suggests a shift from “accumulation” to “manipulation,” which is crypto-speak for “hold my beer.” If the wedge breaks up, Faibik promises a 50% rally. If not? Well, there’s always the $0.0024 floor.
Kraken’s “Oops” Airdrop & The $75K Whoopsie 🔥
Pump.fun’s $500M ICO sold out in 12 minutes—unless you were one of the unlucky souls who got error messages. Kraken, ever the hero, will airdrop tokens to the forsaken. How noble.
Meanwhile, someone accidentally burned 10M tokens ($75K) due to a “wallet operation.” Was it user error? A default tool? A cry for help? The world may never know.
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2025-07-22 18:55