News linked to both this project and an event.
Odaily News: According to on-chain analyst Yu Jin's monitoring, the PUMP institutional private sale address (E3M...9Cs) participated in the PUMP private sale in July last year with $4 million, receiving 1 billion PUMP at a private sale price of $0.004. Five hours ago, this address transferred all PUMP to Coinbase Prime, worth $5.36 million at the time, with a price of $0.0054; by selling the private sale PUMP, it profited $1.36 million, a return rate of 34%.
Crypto trader Ansem posted on X stating that the overall outlook for Q4 leans bullish. A pullback and open interest (OI) liquidation may occur in October, but the market remains in an early bull phase. High-leverage positions chasing rallies carry significant risk, whereas high-conviction spot holdings hold a relative advantage. Interest rates, war risks, and a strong US Dollar Index (DXY) remain key risk factors.
According to on-chain data monitoring, trader Doomer (@solanadoomer) is continuously accumulating PUMP through limit buy orders. After his last similar purchase, the price of PUMP rose by about 5%. The trader still holds approximately $6 million in stablecoins, which have not yet been deployed into the market.
According to on-chain analyst Ember (@EmberCN), Pump.fun transferred $8.11 million in fee revenue to Kraken two hours ago, including 47,995 SOL (approximately $5.83 million) and 2.28 million USDC.
Odaily reports: Trader YokaiCapital has posted allegations accusing multiple crypto KOLs and platforms of token manipulation, rug pulls, fake account marketing, and misuse of user data, involving Pump.fun, Frank, Shadow, Unipcs, Ansem, DipWheeler, orangie, Axiom, BubbleMaps, and InsightX, among others.YokaiCapital claims that the individuals or platforms involved fabricated social media engagement, linked wallets, and fake leaderboard accounts to generate hype, and further alleges that some of those involved secretly controlled the relevant tokens before pumping and dumping them. YokaiCapital also accused Axiom of storing and sharing users' private data, using that information to trade, and charging new launch platforms over $100,000 for listing fees.The above content currently stems primarily from YokaiCapital's unilateral allegations, and the claims await responses from the parties involved and further verification.
Odaily reports: On-chain analyst Ai Yi posted on X that Donut AI CEO and founder Chris held PUMP for several months, accumulating profits exceeding $936,000. He also traded Robinhood trending tokens for 30 days, gaining over $130,000, with PONS reaching a market cap of $600 million at the time of his exit, which has since fallen back to $440 million.Chris also built a position in STONK at a low point when its market cap was $89 million. His unrealized profit is currently around $180,000, representing a return of over 170%. The token's current market cap is approximately $240 million.Chris stated that Robinhood is primarily an incremental game driven by new retail capital inflows, while Solana is a stock game of existing SOL capital rotating within the ecosystem. He is more bullish on the future development of the Solana ecosystem.
Odaily News: According to on-chain analyst Yu Jin's monitoring, the Pump.fun team fee wallet (2p23...v3q) transferred 77,706 SOL to Kraken 4 hours ago, worth $7.88 million.
Odaily News – Crypto trader Rune (@RuneCrypto_) posted on X, stating that Pump.fun holds over $2 billion in cash, with a valuation of approximately $4.4 billion, making it one of the most influential platforms in the Meme coin market this cycle. However, since launching the Bonding Curve model, its subsequent product expansion has largely been a response to market demand already validated by other teams.Rune cited examples, noting that after Axiom's rise, Pump acquired Padre and renamed it Terminal; after fomo emerged, Pump added social features to compete for KOLs; and now that products combining Meme coins with equity-related assets have appeared on BNB Chain, Robinhood, Stonks, and Base, Pump has launched a similar MemeStocks feature.Rune stated that this strategy is not entirely ineffective—for instance, Padre's market share rose from roughly 2% to 10% after its acquisition. However, as a leading platform with substantial capital and resources, Pump should focus more on creating unvalidated new products rather than continuously replicating existing models. Otherwise, it may weaken the incentive for smaller teams to pursue product innovation, ultimately slowing the industry's overall pace of development.
Lookonchain monitoring shows that trader 0x60b0, who previously profited $2 million from going long on PUMP, has opened another PUMP long position within the past hour, using 10x leverage to go long on 2 billion PUMP tokens, with a position value of approximately $9.02 million.
Odaily News Trader Bonk Guy stated that the market is gradually recognizing the potential of PONS. He noted that PONS currently generates approximately $56 million in annualized revenue, with 80% used for buybacks and burns of PONS; in comparison, Pump.fun generates about $460 million in annualized revenue, with 50% used for buybacks and burns of PUMP, while PUMP is currently valued at approximately $2 billion.Bonk Guy believes that even if PONS were given only 10% of PUMP's valuation, its market cap should reach around $200 million. Additionally, Pons has contributed to roughly half of the on-chain activity on Robinhood Chain, with at least 5 tokens issued through Pons having a market cap exceeding $10 million and at least 20 exceeding $1 million.Regarding the market's recent expectations around Robinhood listings, Bonk Guy stated that as one of the main Meme coin issuance platforms on Robinhood Chain, a future PONS listing on Robinhood is, in his view, "inevitable," and the current rally is not solely driven by listing expectations.
According to Ai Yi's data, as BTC surpassed $79,000, Maji fully closed their BTC long positions and trimmed longs on three other tokens, realizing approximately $333,000 in profits. Their remaining positions in ETH, HYPE, and PUMP are now worth roughly $94.92 million, with unrealized gains exceeding $2.88 million, further reducing the overall loss.
Odaily News According to on-chain analyst Ai Yi's monitoring, Machi's total losses have narrowed to $25.94 million, down from a peak loss of $34.96 million a week ago. Currently, his four long positions show a floating profit of approximately $1 million: ETH 25x long, holding 30,249.6 ETH, position value of $73.67 million, entry price of $2,378.55, with a floating profit of $1.725 million; BTC 40x long, holding 383 BTC, position value of $29.57 million, entry price of $77,820.4, with a floating loss of $227,000; HYPE 10x long, holding 222,000 HYPE, position value of $17.86 million, entry price of $79.581, with a floating profit of $192,000; PUMP 10x long, holding 2 billion PUMP, position value of $9.96 million, entry price of $0.005225, with a floating loss of $492,000.
According to monitoring by analyst Ember, "Brother Maji" scaled up his long positions during last week's one-way rally, expanding a $150,000 position to $11.15 million and successfully recouping $11 million. However, his cumulative losses from holding ETH long over the past 10 months still total $35 million, leaving him with a net loss of approximately $24 million following this recovery. Currently, Brother Maji holds $129 million worth of long positions across ETH, BTC, HYPE, PUMP, and other tokens, with an overall leverage ratio of 12x.
According to on-chain analysis platform Lookonchain (@lookonchain), trader address 0x3be7 opened a long position of 1.94 billion $PUMP tokens (worth approximately $6 million) with 10x leverage, currently showing an unrealized profit of $246,000, with a current liquidation price of $0.002852.
Odaily News: According to on-chain analyst Ember's monitoring, a whale spent $2 million to purchase 518 million PUMP tokens last October, with a buy-in price of $0.00386 per token. An hour ago, the whale liquidated their entire 10-month PUMP position at $0.00274 per token, receiving SOL worth $1.42 million in return—a loss of $580,000, representing a 29% decline.
According to on-chain analyst Ember (@EmberCN), Pump.fun team and investor tokens completed their monthly unlock 5 hours ago, unlocking a total of 4.94 billion PUMP (approximately $13.6 million) distributed to 125 wallets, averaging approximately $108,800 per wallet.
Odaily News: According to monitoring by On-chain Analyst, the Pump.fun team and investor tokens underwent their monthly unlock 5 hours ago, with a total of 4.94 billion PUMP unlocked and transferred out, valued at approximately $13.6 million.The PUMP unlocked this time has been distributed to 125 wallets.
According to Cointelegraph, ARK Invest researcher Lorenzo Valente noted in a post on July 30 that the cryptocurrency industry is entering the largest consolidation phase in history. As investors become increasingly strict in screening projects, revenue is accelerating towards concentration among a few top protocols—Hyperliquid and Pump.fun collectively account for approximately 67% of the industry's application revenue, and with Ethena included, the combined share of the top three approaches 80%. Valente expects this trend to accelerate in the coming months, triggering more M&A, bankruptcies, and project closures. Meanwhile, BitMEX and BitMart recently announced the shutdown of trading services in succession, further confirming the consolidation trend. Valente believes that this round of consolidation is "extremely beneficial" for the long-term development of the crypto industry.
: South Korea today sentenced a fraud case involving unfair trading terms under the Virtual Asset User Protection Act in its first-instance trial. The Seoul Southern District Court sentenced Park, a cryptocurrency influencer who planned a Meme coin "Rug Pull" scam, to four years in prison. Two accomplices received sentences of two years and six months, and three years in prison with five years of probation, respectively.Prosecutors stated that the defendant issued a Meme coin through Pump.fun and used social media to spread false bullish information, such as "token lock-ups," inflating the coin's price approximately 1,001 times within 26 hours. This attracted about 6,000 investors to buy in, after which the group dumped their holdings to cash out. The gang spent only about 10 million Korean won on the scheme and illegally profited around 400 million Korean won. (Edaily)
Odaily Odaily News: Dragonfly partner Haseeb posted on X platform, responding to doubts about the long-term stability of Pump.fun's revenue curve. He believes this phenomenon is not abnormal and, from a macro perspective, closely resembles the trend of overall crypto spot trading volume.Haseeb stated that some users suspect data anomalies because daily trading volume appears too stable, lacking a weekend dip. However, he argues this perspective overlooks the participant structure of the Meme coin market. Since Meme coin trading is primarily driven by retail investors, it does not experience a significant decline in trading volume on weekends, unlike markets dominated by professional traders and hedge funds such as Hyperliquid.Haseeb noted that users can verify this by examining Pump.fun's pre-issuance revenue data, which previously showed similar stability and does not indicate any irregularities. Additionally, he mentioned that trading terminals and Telegram bots have relatively high trading volumes, so their revenue is not necessarily highly correlated with Pump.fun itself. Currently, the revenue curve of the largest trading terminal, Axiom, closely resembles that of Pump.fun.