PUMP coin liquidity is mostly contributed by retail investors, and the spot price is still higher than the public offering price

PANews reported on July 15 that, according to Ai, the PUMP token project initially invested only $4 million in liquidity in batches, and the total liquidity has now reached $50 million, mainly provided by retail investors. There is still no news about the 24% airdrop for community and ecosystem, and the spot price is around $0.0055, still higher than the public offering price of $0.004. The Binance futures rate is positive, with long traders actively going long. After listing, the contract positions have not decreased but instead increased, with both long and short sides in a stalemate. Additionally, PUMP has not yet been listed on first-tier exchanges, and the token price shows unexpected stability.