Pump.fun Survives Its Biggest Token Unlock and a Viral Raccoon Coin Takes Over
Pump.fun absorbed its first major insider token unlock on July 15 without a price collapse, and days later a viral memecoin based on a real Seattle raccoon named Jimothy sent trading volume surging again. Futures volume jumped over 32% to nearly $142 million as fresh capital, not rotated positions, moved into the platform.