Drops

Pump.fun volume drops 63% in February amid meme coin scams

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Pump.fun testing AMM potentially to replace Raydium

Trading volume on Pump.fun, a leading Solana-based token launchpad, plunged 63% in February following a string of high-profile memecoin scams that have eroded investor confidence.  Pump.fun volume dropped from $119 billion in January to $44 billion in February, the lowest since October 2024, according to data from a Dune Analytics dashboard. Pump.fun’s new token launches … Read more

Bitcoin Drops Below $85,000 Amid Market Correction

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Bitcoin price chart showing dip below $85,000 amid market correction

Despite the drop, a CryptoQuant analyst known as Banker believes this pullback could signal a bullish rebound. The analyst pointed to three key indicators suggesting Bitcoin might recover soon. One of the leading indicators is a decline in Bitcoin’s open interest. Figures show open interest decreased by 14.42% on March 1. This is evidence of … Read more