PUMP token presale: whale moves 25M USDC, secures 5.15M
PUMP token presale kicked off this week, raising over 2 million USDC in hours. Early investors including ff.sol contributed 1M USDC to buy 10M tokens at $0.10. On-chain data reveals a later whale attempted to allocate 25M USDC across 29 addresses but only secured 5.15M USDC. The split strategy highlights fierce competition for token allocations. Following the PUMP token presale, DEX trading volume jumped 20%. PUMP will list next week with liquidity locked for six months. Traders should watch USDC whale movements ahead of listings, as they may signal volatility and allocation risks.
Bullish
A significant whale investment and rapid presale funding signal strong demand and market confidence in the PUMP token. The subsequent spike in DEX trading volume and the six-month liquidity lock further support price stability and upward momentum. While the failed allocation split indicates potential short-term volatility, the overall liquidity and governance features point to a bullish outlook for PUMP.