PUMP (Pump.fun) increased by 7.24% in the past 24 hours, with a market capitalization of approximately $876 million.

PUMP0,77%

Gate News Bot Message, January 12th, according to CoinMarketCap data, as of press time, PUMP (Pump.fun) is currently priced at $0.00247405, up 7.24% in the past 24 hours, with a high of $0.00269543 and a low of $0.00206074. The 24-hour trading volume reached $168 million. The current market capitalization is approximately $876 million, an increase of $59.1 million from yesterday.

Important recent news about PUMP:

1️⃣ Platform Function Innovation and Fee Mechanism Reform Support Ecosystem Development
Pump.fun has launched a creator fee sharing feature, allowing fees to be distributed to up to 10 wallets, and also supports creators transferring token ownership and revoking update permissions. The platform’s co-founder announced that a market-based approach will be adopted for reforming the creator fee mechanism, where traders will decide whether the narrative is worth earning creator fees. These initiatives aim to optimize user experience and enhance platform competitiveness, providing policy support for ecosystem activity.

2️⃣ RWA Sector Exclusive Trading Platform to Launch and Expand Ecosystem Map
WorldAssets has completed a brand and product system upgrade. Its dedicated RWA trading platform, RWAX DEX, will go live on January 19th. The platform integrates key processes such as RWA asset application, information disclosure framework, and trade matching. It plans to focus on supporting 3-5 benchmark assets in the initial application phase and will introduce an ecosystem incentive mechanism. RWAX is positioned as “the Four Meme of the RWA sector,” aiming to expand the user base through clearer sector identification and lower friction participation mechanisms. The launch of this platform is expected to bring new asset classes and participants into the Pump.fun ecosystem.

3️⃣ Market Participants’ Bullish Sentiment Rises but Cautious of Leverage Risks
Large capital continues to build long positions in PUMP, with a trader opening a 10x leveraged long position worth 2 billion tokens, currently valued at $4.77 million, indicating a significant bullish consensus in the market. Meanwhile, on-chain activity on the platform continues to increase, with a recent 7-day gain of about 30%, and trading volume and futures contract participation also rising. However, leverage levels in the derivatives market have reached considerable scales, and investors should be cautious of volatility caused by liquidations of high-leverage positions.

This message is not investment advice. Please be aware of market volatility risks when investing.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

These catalysts could bump bitcoin as Trump hands three-week target to end Iran war

Asian stocks posted their best day in months and S&P 500 futures jumped after the president said he would address the nation Wednesday night with an "important update" on Iran. Oil pared losses as the UAE reportedly prepares to help reopen the Strait of Hormuz by force. Bitcoin traded at $67,950 on

CoinDesk14m ago

Are Trump’s expectations of an Iran war heating up after three weeks—are the catalysts for Bitcoin’s rise continuing to accumulate?

As expectations grow that a Trump-led Iran war will end within two to three weeks, global risk-asset sentiment has rebounded. Bitcoin is holding at $67,950, Asia-Pacific equities are performing strongly, and overall market risk appetite has recovered. Institutional capital is flowing into the crypto market, which could push Bitcoin toward a clear direction. The market is waiting for Trump’s key speech to confirm the trend.

GateNews17m ago

Sell-off warning lights are flashing red! 47% of circulating Bitcoin has been “trapped,” and long-term holders are also taking losses and cashing out

The cryptocurrency market is facing a cold wind: nearly half of Bitcoin has already fallen below its cost basis, and long-term investors have also begun to realize losses and sell. The Bitcoin Impact Index rose to 57.4, indicating that market pressure is intensifying; historically, similar situations have signaled that large-scale sell-offs are about to come. Short-term holders are down 47%, capital momentum has weakened, and stablecoin outflows have turned into net inflows in reverse.

区块客23m ago

Analyst: April could be a key observation period for Bitcoin; the RSI is in the neutral range, and volatility may rise

April is typically a stronger month for Bitcoin’s performance, with a historical average monthly gain of about 11.3%. But since 2020, this pattern has become less stable. Bitcoin’s relative strength indicator is currently 47%, and market sentiment is being influenced by geopolitical and inflation concerns. This suggests that April’s volatility may rise, so it’s important to watch whether the market can form a clear direction.

GateNews1h ago

The Old Token Playbook Is Dead: Why Most Crypto Launches Failed in 2025

The old “token playbook” is over, according to 21Shares researcher Darius Moukhtarzade, who said that launching at high FDV, low float with a governance “meme coin” does not work anymore. Moukhtarzade explained that there is a widening “sentiment-fundamentals gap” as the core reason behind

CryptoPotato1h ago

ETH 15-minute up 0.62%: Driven by ETF net inflows and a liquidity squeeze, short-term strength builds

2026-04-01 03:00 to 03:15 (UTC), the ETH price saw unusual movement, with a range return of +0.62%. The lowest point of the candlestick was 2088.43 USDT, and the highest point was 2106.93 USDT, with a swing of 0.89%. Against the backdrop of heightened volatility across crypto assets, ETH’s short-term trading activity was active, on-chain interest increased, and market attention rose significantly. The main driver behind this unusual move is that net inflows into U.S. spot ETFs have continued to be amplified. ETF net inflows in early April continued the strong momentum from late March, driving a significant increase in spot demand for ETH.

GateNews2h ago
Comment
0/400
JayJauravip
· 01-12 10:02
pump will go to 0.008 soon
Reply0