PUMP Official Injects Only $4 Million in Initial Liquidity
Odaily Planet Daily News: According to on-chain analyst Ai Yi (@ai_9684xtpa), the PUMP project team has so far only injected about $4 million in initial liquidity in batches, which is significantly lower than the current total liquidity of $50 million. The spot price is around $0.0055, still above the public sale price of $0.004.
Contract data from a certain exchange shows that the PUMP funding rate remains positive, indicating strong bullish sentiment. Nevertheless, since its launch, the contract open interest has not declined significantly. In addition, 24% of the airdrop allocation is still reserved for the community and ecosystem, and the official release plan has yet to be announced.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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