Key Points:
- OKX will launch PUMP spot trading on July 18, 2025.
- PUMP token's past performance suggests volatility risks.
- High token liquidity after listing poses potential safety risks.
OKX will launch the PUMP token on its platform and open spot trading starting from July 18, 2025. The PUMP token is developed by the decentralized token launchpad Pump.fun.
The listing of PUMP on OKX could have a significant market impact, reflecting the token's early high trading volume and volatility. According to BitMEX data, over 59% of ICO participants have already transferred or sold their tokens.
PUMP Token Release Details and Market Impact
OKX listing the PUMP token involves multiple key figures, though specific founders have not yet disclosed detailed information. OKX announced that PUMP/USDT spot trading will open on July 18, 2025, at 3:00 PM (UTC+8). This listing is supported by Pump.fun, a platform renowned for meme coin trading.
Market impact includes potential volatility, reflecting the price trends during the Solana meme coin boom. Historical data shows significant trading volume and price fluctuations after token release. Major exchanges like KuCoin, Kraken, and Bitget are hosting sales activities, indicating widespread acceptance.
Blockaid reported over 2,400 fake $PUMP tokens and 6,700 scam attempts. ——Blockaid, monitoring service, Blockaid report
Community reaction is mixed, with some warning about market volatility and fraud, while others remain optimistic about early trading increases. Blockaid has flagged over 2,400 fake $PUMP tokens, highlighting security concerns. Therefore, potential users are advised to remain cautious.
Volatility Concerns and Expert Analysis
Did you know? The Solana ecosystem previously experienced similar high-volatility product releases, such as PUPS and BONK, which underwent rapid selling and price discovery in early trading stages.
The PUMP token was priced at $0.005286 upon OKX listing. Market capitalization is approximately $1,620,743,344, with a 24-hour trading volume drop of 17.14%. According to CoinMarketCap, recent trading volume decreased by 5.48%, indicating significant market volatility.
Pump.fun(PUMP), daily chart, CoinMarketCap screenshot, UTC time July 18, 2025, 11:13. Source: CoinMarketCap
Coincu's expert insights emphasize that global regulators are closely monitoring the project's financial results due to potential risks. Similarly, technological advancements are crucial to the project's future, similar to the historically extreme price volatility of previous meme coin releases.
Disclaimer:The website information is for general market commentary only and does not constitute investment advice. We recommend conducting your own research before investing.
