1 min read
Add as a preferred source on Google

Pump.fun's PUMP Token Gains 4.19% in One Hour, Reaching $0.004623

The token was up 4.83% over 24 hours. Liquidations across three exchanges totaled $40,000 in short positions and $0 in long positions.

Mentioned assets
A metal token stands atop a rising orange plinth. / TokenPost.ai
A metal token stands atop a rising orange plinth. / TokenPost.ai

Pump.fun (PUMP) rose 4.19% in one hour to $0.004623 as of 10:12 a.m. ET (14:12 UTC) Oct. 20, based on TokenPost’s collection of Binance spot PUMP/USDT prices.

One hour earlier, the quote was $0.004437, a difference of $0.000186 per token. PUMP was also up 4.83% over 24 hours at that reading, 0.64 percentage points more than its one-hour gain. The two percentage changes cover separate windows ending at the same observation time.

Liquidations across Binance, Bybit and OKX totaled $40,000 in short positions and $0 in long positions during that hour. Long positions are bets on a price rise, while short positions are bets on a decline. The combined tally therefore showed liquidation activity on the short side only.

PUMP had a market capitalization of about $2.06726 billion and ranked 50th by market capitalization in the market snapshot. The price figure tracks Binance’s spot market, while the liquidation total combines readings from three exchanges.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…