PUMP Falls 19.7% in a Week as Pump.fun Fees Set 30-Day Record
Photo: TokenPost
As of 2 a.m. ET (0600 UTC) Oct. 18, PUMP had fallen 19.7% over seven days while Pump.fun generated $60 million in fees over 30 days, a record for the platform. The contrast puts rising platform fees alongside a falling token price and weakening short-term market signals. Open interest fell nearly 10% in 24 hours as PUMP declined. Spot cumulative volume delta (CVD), a measure of net buying and selling in spot markets, also dropped over the week. Funding rates were negative, pointing to bearish sentiment in perpetual markets.
Source: TokenPost
