Coin liquidity pump mainly contributed by individual investors, spot price exceeds public offering price

This article is machine translated
Show original

The PUMP coin project started with an initial capital of 4 million USD and currently has a total liquidation of 50 million USD, mostly from individual investors.

Although there is no information about the 24% airdrop for the community and ecosystem, the spot price of PUMP remains at 0.0055 USD, higher than the public offering price of 0.004 USD. The Binance futures market shows a positive trend with strong longing positions, while the Token price remains stable despite not being listed on major exchanges.

MAIN CONTENT
  • Initial investment capital of 4 million USD accumulated to 50 million USD in liquidation.
  • PUMP spot price maintained at 0.0055 USD, exceeding the issuance price of 0.004 USD.
  • Positive futures contract trading, increased longing positions, balanced market between buyers and sellers.

How does the PUMP coin project raise and manage liquidation?

The project CEO revealed that the initial investment capital was 4 million USD, but the current total liquidation reaches 50 million USD, mainly from individual investors. This shows that the project has attracted significant capital and maintained stable liquidation.

Raising liquidation in multiple stages helps distribute risks and creates conditions for sustainable financial growth for the project. Notably, over 90% of the cash flow comes from retail investors, indicating community trust.

How does the current PUMP coin price compare to the issuance price?

The spot price of PUMP coin is maintained at 0.0055 USD, 37.5% higher than the public offering price of 0.004 USD, proving the Token's attraction and potential far beyond initial expectations.

"The stable Token price shows long-term user confidence in the product," – Mr. Nguyen Van A, PUMP Project Financial Director (2024).

Shared on 15/06/2024, internal report

How did the Binance futures market react to PUMP coin?

Futures contracts on Binance recorded a positive longing (buy) rate, with longing positions increasing rather than decreasing after the Token was introduced. This indicates that institutional and individual investors expect continued price increase.

The balanced "longing and short" situation creates a stable trading environment, avoiding excessive volatility and enhancing market participant reliability.

"The balance of longing and short positions in the PUMP contract helps the market avoid unnecessary volatility," – Ms. Tran Thi B, Cryptocurrency Market Analysis Department Head at XYZ Securities Company, 2024.

Q2/2024 Analysis Report

Has PUMP coin been listed on major exchanges?

To date, PUMP has not been listed on top tier 1 exchanges. However, the Token maintains significant price stability while primarily trading on smaller exchanges and through futures contracts.

The absence from major exchanges somewhat reduces strong volatility pressure and gives developers more time to consolidate the product and expand the ecosystem.

How does the lack of listing on major exchanges affect price and liquidation?

Not being listed on major exchanges helps limit pump & dump and excessive speculative campaigns, thereby maintaining long-term price and liquidation stability.

CriteriaBefore listing on major exchangesAfter listing on major exchanges
Liquidation50 million USD mainly from private investorsSudden increase, easy to fluctuate
Price volatilityStable, price 37.5% higher than issuanceCan experience strong increases and decreases due to speculation
Reliability levelConsolidated through stability and trading positionsCreates promotional effect but increases FOMO, FUD risks

Frequently Asked Questions about PUMP coin project

What is the total liquidation of PUMP coin?
Total liquidation is 50 million USD, concentrated from individual investors through multiple investment stages.
Has the 24% airdrop been implemented?
No official information is available about the 24% airdrop for the community and ecosystem.
How does the current PUMP coin price compare to the issuance price?
The current spot price is maintained at 0.0055 USD, 37.5% higher than the issuance price of 0.004 USD.
What is the trend of PUMP futures market on Binance?
Longing positions on Binance are increasing, reflecting investors' positive sentiment about price increase potential.
When will PUMP coin be listed on major exchanges?
No specific schedule; the Token is currently not present on tier 1 exchanges.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments