๐๐ณ Whale Transactions:
1. 011short with a $749M long in #BTC, #ETH and #SOL just transferred 112,894 #ETH ($332M) to Binance again;
2. A wallet associated with Indexed Finance and Kyber Network Exploiter has resumed activity after 1 year of inactivity, selling: 226,961 #UNI ($1.36 million), 33,215 #LINK ($410k), 845,806 #CRV ($328k), 5.25 #YFI ($17.5k);
3. Two wallets accumulated 2.15 billion #PUMP ($3.87 million) in the last 24 hours.
1. 011short with a $749M long in #BTC, #ETH and #SOL just transferred 112,894 #ETH ($332M) to Binance again;
2. A wallet associated with Indexed Finance and Kyber Network Exploiter has resumed activity after 1 year of inactivity, selling: 226,961 #UNI ($1.36 million), 33,215 #LINK ($410k), 845,806 #CRV ($328k), 5.25 #YFI ($17.5k);
3. Two wallets accumulated 2.15 billion #PUMP ($3.87 million) in the last 24 hours.
๐ #PUMP Yesterday, trading volume on PumpFun set a new record of >$2 billion, with PumpSwap seeing volume of ~$1.94 billion, making it the second highest volume DEX in Solana after Meteora.
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๐ค #PUMP PumpFun co-founder stated that creator fees need to be changed, as they have failed to significantly alter the behavior of the average memecoin developer: "Creator fees may have distorted the incentive for users to engage in low-risk activities (coin creation) rather than high-risk activities (trading), which is dangerous because traders are the backbone of the platform."
๐ #PUMP PumpFun has acquired the trading terminal Vyper.
The founder of PumpFun stated that despite unfavorable market conditions, the team will continue to rapidly and aggressively expand its workforce while providing technical support in areas such as cross-chain trading infrastructure.
He added that PumpFun will continue to invest resources to drive growth in its core platform, the PumpFun mobile app, and the terminal. link link
The founder of PumpFun stated that despite unfavorable market conditions, the team will continue to rapidly and aggressively expand its workforce while providing technical support in areas such as cross-chain trading infrastructure.
He added that PumpFun will continue to invest resources to drive growth in its core platform, the PumpFun mobile app, and the terminal. link link
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๐โโ๏ธ #PUMP PumpFun announced a reform of commissions for creators, dividing the token issuance commission model into two categories: "commission for creators" and "cashback for traders." Creators can choose between these options when issuing a token. If the token issuer selects cashback for traders, all commissions for creators will be returned to traders. link
๐ณ Whale and Institutional Activity:
- Two wallets associated with Pumpfun sold over $10.5 million worth of #PUMP.
- A whale withdrew 10 million #RAVE (~$6.5 million) from Bitget.
- Vitalik withdrew 3500 #ETH (~$6.95 million) from Aave and sold 428.57 #ETH.
- Bitdeer sold all their mined #BTC. link link link
- Two wallets associated with Pumpfun sold over $10.5 million worth of #PUMP.
- A whale withdrew 10 million #RAVE (~$6.5 million) from Bitget.
- Vitalik withdrew 3500 #ETH (~$6.95 million) from Aave and sold 428.57 #ETH.
- Bitdeer sold all their mined #BTC. link link link
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๐ $5.8 Billion Worth of Tokens To Be Unlocked in March
#RAIN 3.25% ($338.02M) - Mar. 10
#ASTER 0.98% ($56.02M) - Mar. 17
#SUI 0.54% ($48.65M) - Mar. 1
#ZRO 2.47% ($45.45M) - Mar. 20
#STABLE 0.89% ($29.41M) - Mar. 8
#BARD 2.53% ($25.16M) - Mar. 18
#POWER 1.20% ($23.04M) - Mar. 5
#PUMP 1.00% ($19.07M) - Mar. 14
#RIVER 1.36% ($18.42M) - Mar. 22
#STBL 4.17% ($16.97M) - Mar. 16
#RAIN 3.25% ($338.02M) - Mar. 10
#ASTER 0.98% ($56.02M) - Mar. 17
#SUI 0.54% ($48.65M) - Mar. 1
#ZRO 2.47% ($45.45M) - Mar. 20
#STABLE 0.89% ($29.41M) - Mar. 8
#BARD 2.53% ($25.16M) - Mar. 18
#POWER 1.20% ($23.04M) - Mar. 5
#PUMP 1.00% ($19.07M) - Mar. 14
#RIVER 1.36% ($18.42M) - Mar. 22
#STBL 4.17% ($16.97M) - Mar. 16
๐ #PUMP PumpFun is adding support for tokens launched on competing platforms through its mobile application.
theblock link
theblock link
๐ #PUMP Founder of PumpFun: PumpFun has launched an experiment with tokenized agents on the blockchain, supporting automatic buyback and burn of tokens. link
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Free Academy & VIP Access
๐ฎ #PUMP PumpFun led a $1 million pre-seed funding round for the startup Pumpcade, which focuses on prediction markets.
Meanwhile, YZi Labs announced strategic investments in PredictFun, a crypto platform for prediction markets. link link
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Meanwhile, YZi Labs announced strategic investments in PredictFun, a crypto platform for prediction markets. link link
Free Academy & VIP Access
๐ #HYPE #PUMP
Ansem claims that token buybacks do not necessarily guarantee long-term valuation support, highlighting the disparity between Hyperliquid and PumpFun. Hyperliquid generates approximately $800 million in annual revenue, while PumpFun generates around $440 million. Despite both using a portion of their profits for buybacks, #HYPE has a fully diluted valuation of about $65 billion compared to around $1.4 billion for #PUMP. Ansem argues that Hyperliquid consistently rewards its core users, while PumpFun's unfulfilled airdrop promise has weakened the "trust premium.".
Ansem claims that token buybacks do not necessarily guarantee long-term valuation support, highlighting the disparity between Hyperliquid and PumpFun. Hyperliquid generates approximately $800 million in annual revenue, while PumpFun generates around $440 million. Despite both using a portion of their profits for buybacks, #HYPE has a fully diluted valuation of about $65 billion compared to around $1.4 billion for #PUMP. Ansem argues that Hyperliquid consistently rewards its core users, while PumpFun's unfulfilled airdrop promise has weakened the "trust premium.".