Background

Solana Just Survived the Apocalypse: How a Tiny Pump.fun Investment Saved It From Certain Doom

A  illustration of a giant pump handle with its arm stretched out to hold up a massive weight labeled 'SOL' tokens as flames and smoke rise in the background, symbolizing market volatility. A smaller figure representing Pump.fun is seen trying to pull down the weight but failing, while Solana's price chart rises steadily on screen.

Solana’s Price: A $6.6M Pump.fun Sale and Still Going Strong? (or is it?).

Source: cointelegraph

Solana’s price was resilient despite continued selling pressure from the memecoin launch platform Pump.fun. The fee account associated with Pump.fun sold over $6.6 million worth of Solana (SOL) tokens on Oct. 22. This still leaves Pump.fun with a significant amount of Solana holdings, according to onchain intelligence firm Lookonchain’s Oct. 22 X post, which wrote: Pump.fun sells $6.6 million SOL. Source: Lookonchain Despite the sales, Solana’s price was up over […]

Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

We are the internet’s finest destination for poking fun at the wild world of cryptocurrency! We transform the bewildering jargon and frantic hype of the crypto market into a comedy spectacle that’s almost as volatile as crypto itself.

© 2024 Cryptobro Magazine