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Pump.fun moves $ 11 million in salt to Kraken Adid Vaga Scandal

Pump.fun moves $ 11 million in salt to Kraken Adid Vaga Scandal

Pump.Fun, Mems with villages based on Solana launch, has deposited 65,122 Sol ($ 11 million), which added its significant exchanges.

According to 20. February X fasted by the company Analytics in LOOKCOINCHAIN ​​chain, the platform has now transfer 2,35 million Solanes (Salt) ($ 473 million) in Kraken and sold 264,373 salt for 41.64 million USD, while the total salary stands at 2.93 million Sol ($ 515 million).

Pump.Fun’s daily trading volume dropped 52% of its monthly level 113 million dollars 11. February, on average 122 million February, toward to the Table of the Dune.

This decline is monitored by the controversy of the library token involving the Argentine President Javier Miley. Miley’s Solana-based token activated France, only for the token fall Shortly afterwards.

The incident He increased car manipulation concerns, insider advantages and how platforms such as pumps.fun contribute to excessive speculations. Critics claim that the platform has become a casino gambling with high stakes where bots and insiders rule and ordinary traders leave to absorb risk.

Some compared its influence on FTX, claiming that the priority is a spectacle due to sustainability and profits to the damage to market integrity. Despite slowing down, pump.fun still creates significant fees, in the last 7 days in the last 7 days in the last 7 days data from the analytics of Dina.

15. February, pump.fun launched IOS and Android apps in an attempt to reinforce the momentum. The application makes it easier to interact users with Memecoin Solan ecosystem by providing functions such as a list of accelerations, portfolio management and quick token creation.

In the coming months, the capacity of the platform for processing the growing regulatory test will determine its future, as well as a higher trend of Memecoin, which still dominate the market.

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2025-02-20 07:28:00

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