Analyst highlights key metrics behind PUMP’s market activity

According to on-chain analyst @ai_9684xtpa on X, recent PUMP trading data reveals strong engagement from retail investors and steady momentum. Key highlights include: -The project team provided $4 million in initial liquidity, added in multiple batches. -Total liquidity has grown to $50 million, largely from retail participants. -A 24% community and ecosystem airdrop allocation is still pending announcement. -Spot price is ~$0.0055, above the public sale price of $0.004. -Binance futures funding rate remains positive, signaling strong long interest. -Open interest in PUMP contracts has remained stable post-launch, with both long and short positions holding firm. -No major exchange has listed PUMP spot yet, but the price has remained unexpectedly stable.

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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.
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