PUMP token saw a significant correction to start the week, plunging over 25% as bearish sentiment took hold. The decline mirrors growing headwinds—recent legal complications have intensified investor concern, pushing the asset toward multi-month lows. Widespread liquidations and selling pressure followed as market participants reassessed their positions. The sharp pullback highlights how quickly regulatory or legal developments can reshape trader sentiment in the crypto space, especially when an asset touches key support levels it hasn't seen in months.
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PanicSeller
· 12-24 02:09
The fall continues, and the dumping is never-ending.
PUMP token saw a significant correction to start the week, plunging over 25% as bearish sentiment took hold. The decline mirrors growing headwinds—recent legal complications have intensified investor concern, pushing the asset toward multi-month lows. Widespread liquidations and selling pressure followed as market participants reassessed their positions. The sharp pullback highlights how quickly regulatory or legal developments can reshape trader sentiment in the crypto space, especially when an asset touches key support levels it hasn't seen in months.