PUMP Token Crashes 27% as Airdrop Delay Sparks Sell-Off

Generated by AI AgentCoin World
Friday, Jul 25, 2025 12:42 am ET2min read
ETH
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Aime RobotAime Summary

- Pump.Fun's PUMP token plunged 27% to $0.0029 after co-founder Alon Cohen delayed the airdrop to avoid post-distribution sell-offs.

- The token lost 50% since its July 2025 ICO as 1.25 billion tokens were liquidated, with $45,000+ in whale sell-offs recorded.

- Community backlash and rival platforms like LetsBonk gained traction amid criticism of the team's vague roadmap and broken promises.

- Despite $25M daily DEX volume, prolonged delays eroded trust, highlighting crypto market challenges in managing expectations through transparency.

The

PUMP
token, native to the Pump.Fun platform, experienced a sharp decline following delays in its anticipated airdrop. On July 24, 2025, the token fell 12% after co-founder Alon Cohen confirmed the airdrop would not occur "anytime soon," citing the need to avoid triggering immediate sell-offs post-distribution [1]. Over the preceding three weeks, PUMP had already dropped 25%, hitting a low of $0.0028 amid uncertainty about the airdrop’s timing and legal pressures on the project [2]. Cohen’s remarks, made during an interview with TreadGuy, emphasized the team’s commitment to rewarding the community but offered no concrete timeline or eligibility criteria [3].

The delayed airdrop exacerbated market concerns, with early investors liquidating 1.25 billion tokens in a coordinated sell-off that further depressed prices. By mid-July, PUMP had lost over 50% of its value since its July 2025 ICO, according to analysts who linked the slump to the project’s lack of transparency [4]. Critics argued the ambiguity reflected internal hesitations or worries about post-claim demand, while holders accused the team of failing to meet promised strategies for a successful token launch [5].

Market reactions intensified after Cohen’s interview. Within 24 hours, PUMP plummeted 27% to $0.0029, a 57% decline from its all-time high of $0.0068 [6]. Whale activity compounded the downturn: two major sell-offs totaling $45,000 each were recorded via Mob Screener, underscoring broader investor pessimism [7]. Despite the volatility, Pump.Fun maintained its dominance in decentralized meme coin trading, processing $25 million in daily DEX volume on July 24, outpacing rivals like Useless Coin (USELESS) [8].

The airdrop delay has fueled skepticism about the project’s credibility. Social media backlash highlighted growing disillusionment, with one user labeling presales as scams alongside a graphic of PUMP’s price trajectory [9]. Rival platforms like LetsBonk are gaining traction as investors seek alternatives to Pump.Fun’s uncertain roadmap. While the team insists the airdrop will deliver value, the prolonged delay underscores the challenges of managing expectations in the crypto market. Cohen’s stated goal of ensuring the airdrop bolsters the ecosystem rather than triggering a sell-off hinges on regaining user trust through transparent communication [10].

Source:

[1] [Pump Token Plunges 25% as Legal Pressure and Airdrop Delays Spark Sell-Offs] (https://www.ainvest.com/news/ethereum-news-today-pump-token-plunges-25-legal-pressure-airdrop-delays-spark-sell-2507/)

[2] [PUMP Token Price Crashes as Cofounder Delays Airdrop Plans] (https://coingape.com/pump-token-price-crashes-as-cofounder-delays-airdrop-plans/)

[3] [Pump.Fun (PUMP) Drops 25% to New Lows Following Legal Pressure and Airdrop Update] (https://www.tradingview.com/news/newsbtc:d29f3b3c0094b:0-pump-fun-pump-drops-25-to-new-lows-following-legal-pressure-airdrop-update/)

[4] [Pump.Fun Airdrop Uncertainty Sends Token Crashing 27%] (https://cryptonews.com/exclusives/pump-fun-airdrop-uncertainty-sends-token-crashing-27/)

[5] [PUMP Token Drops 12% After Airdrop Delay, Early Investors Lose Millions] (https://www.ainvest.com/news/pump-token-drops-12-airdrop-delay-early-investors-lose-millions-2507/)

[6] [Airdrop Dreams Crushed as Token Crashes 20%] (https://coincentral.com/pump-token-pump-price-airdrop-dreams-crushed-as-token-crashes-20/)

[7] [PUMP Price Crashes Amid Airdrop Delay as BTC Fights to Hold $117,000] (https://99bitcoins.com/news/altcoins/pump-price-crashes-amid-airdrop-delay-as-btc-fights-to-hold-117000/)

[8] [Pump.Fun Airdrop Uncertainty Sends Token Crashing 27%] (https://cryptonews.com/exclusives/pump-fun-airdrop-uncertainty-sends-token-crashing-27/)

[9] [Trending News Recommended Popular Crypto Topics] (https://cryptonews.com/exclusives/pump-fun-airdrop-uncertainty-sends-token-crashing-27/)

[10] [Pump.Fun Airdrop Uncertainty Sends Token Crashing 27%] (https://cryptonews.com/exclusives/pump-fun-airdrop-uncertainty-sends-token-crashing-27/)