Pump.fun (PUMP) Drops 7.10% in Four Hours to $0.00606

Pump.fun (PUMP) fell 7.10% in four hours to $0.00606 at 10:51 a.m. ET (14:51 UTC) Wednesday, extending its 24-hour decline to 4.97%.

The price dropped from $0.006523 four hours earlier. The reading was taken from Binance’s spot PUMP/USDT market and reflects TokenPost’s direct collection of exchange prices.

During the same one-hour period, long liquidations totaled $150,000 across Binance, Bybit and OKX, while short liquidations reached $20,000. The imbalance shows that most liquidated positions were bets on higher prices.

Pump.fun had a market capitalization of about $2.92993 billion and ranked 41st by market value in the supplied market snapshot.