The Pump fun platform conducted the first large-scale distribution of PUMP tokens. A year has passed since they were blocked. The site's team has unfrozen 57.279 billion tokens. The value of these assets amounted to 86.49 million dollars at the time of the transfer. The funds were divided between 121 wallets of the team and investors. Analysts have tracked two major token distribution addresses. 52.039 billion PUMP worth 78.58 million dollars were withdrawn from the first address. 5.24 billion tokens worth $7.91 million were transferred from the second address. This important event was recorded by analytical platforms.

This event marked the start of a three-year entitlement period. The full volume of tokens will not be put into circulation immediately. The release will take place in stages over three years. Initially, 20% of the offer was reserved for the project team. Another 13% was intended for existing investors. The first distribution affected about 14% of the current PUMP amount in circulation. Currently, there are approximately 400 billion tokens in circulation. Assets will be released in stages. Recipients can decide for themselves what to do with their funds. They can store, transfer, or sell tokens.

At the time of unlocking, the PUMP token rose in price to $ 0.0016. The market capitalization is close to 650 million dollars. The daily trading volume exceeded $100 million. Since the large-scale unblocking, the further dynamics of the exchange rate depends on the balance. New arrivals and actions of the holders of these assets are important. Investors are closely watching the market. The information is purely informational and educational in nature. Cryptocurrencies are associated with a high level of risk. There may be a loss of capital when trading these assets. It is recommended to conduct your own research before making decisions.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.