Pump.fun (PUMP) edges lower by roughly 2% at the time of writing on Tuesday, extending Monday’s 4% drop. The launchpad token remains at downside risk as 10 billion PUMP will unlock on Tuesday, while retail interest is declining.
Pump.fun Price Forecast: PUMP weakens amid 10 billion token unlock, low retail interestPump.fun edges lower by roughly 2% at the time of writing on Tuesday, extending Monday’s 4% drop. The launchpad token remains at downside risk as 10 billion PUMP will unlock on Tuesday, while retail interest is declining.
The technical outlook for PUMP indicates a bearish incline amid intense bearish momentum.Hyperliquid Price Forecast: HYPE consolidates as traders show mixed sentimentHyperliquid price is trading sideways at the time of writing on Tuesday, reflecting market indecision as traders await a clearer directional signal. The derivatives data further supports this mixed sentiment, with rising short bets while funding rates remain positive. Top Crypto Gainers: World Liberty Financial, MemeCore and Quant gain momentumWorld Liberty Financial extended its recovery by over 2% at press time on Tuesday, extending the 4% gains from Monday. This marks the third consecutive day of recovery for WLFI after a four-day decline of nearly 25%. The technical indicators on the daily chart suggest an easing in selling pressure. The Moving Average Convergence Divergence takes a lateral shift below the zero line as the histogram contracts, suggesting a reduced bearish momentum. Meanwhile, the Relative Strength Index rises to 32, exiting oversold conditions, but remains under the prevailing pressure.
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Could Pump.fun extend decline as retail interest wanes?Pump.fun (PUMP) edges lower by roughly 2% at the time of writing on Tuesday, extending Monday’s 4% drop. The launchpad token remains at downside risk as 10 billion PUMP will unlock on Tuesday, while retail interest is declining.
Read more »