PUMP lost $700M in market cap as Alon Cohen shut down airdrop rumor
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最新报道：Pump.fun's market cap plummeted by $700 million after CEO Alon Cohen dismissed rumors of an upcoming airdrop, calling them "false." The memecoin platform's token, PUMP, dropped over 50% from its all-time high following Cohen's statement on X. Despite the crash, PUMP remains up 1,000% since its launch in May. The speculation-driven surge had briefly pushed Pump.fun's market cap past $1 billion before the correction. Cohen emphasized the team's focus on product development rather than short-term token incentives. The incident highlights the volatility of memecoin markets and their sensitivity to influencer statements.
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