PUMP price faced another period of selling pressure on Tuesday amid reduced trading volume and additional information published by a popular crypto analyst, which revealed the unprofitability of the Pump.fun network. Even though social networks are full of screenshots demonstrating incredible profits, the latest numbers have shown that there are very few profitable investors.
At the time of writing, PUMP is trading at $0.001632, down 1.84% over the last 24 hours. The token held a market capitalization of $659.65 million, while its 24-hour trading volume reached $106.88 million, showing that buying and selling activity has slowed compared to previous sessions.
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PUMP Price Faces Wallet Reality
On July 7, 2026, a crypto analyst, Crypto Patel, released figures that refute the widespread notion that the majority of people who join pump.fun make a quick buck.
As per Patel, almost 96% of wallets that have been trading on the exchange either made losses or managed to make profits below the $500 mark. The viral images of profits seen on social media only represent a few of the success stories and not the average performance.
Patel explained that one wallet out of every 100 wallets could make a return big enough to warrant being shared publicly. Everyone else either incurred losses or earned only small profits.
This statistic shows the highly speculative nature of meme coin investment, where even though some people earn large amounts of money, others find it difficult to make any profits at all.
PUMP Sees Lower Volume and Falling Open Interest
Market statistics also indicate that there is less interest in the PUMP price. The trading volume has decreased by 17.22% to $135.26 million, which implies that there are fewer people participating in the trades. Reduced volume is an indication of a lack of interest in the particular asset.
However, open interest fell by 1.47% to $147.98 million, implying that there were investors who opted to close their derivative trading positions rather than create new ones. Although the fall was slight, it indicates that there is a little bit of caution in the futures market.
Nevertheless, the OI-weighted cost of carry was positive at 0.0028%, and this shows that longs were being paid by shorts. This clearly indicates that there is some sort of bullish sentiment, but it’s a relatively cautious one.
The combination of decreasing volume, reduced open interest, and a slight positive funding rate indicates that investors need something more powerful to trigger a position.
What Happens Next for PUMP Price?
The direction for PUMP price in the coming days will probably be determined by the return of buyers and the recovery of volumes. Otherwise, with continued declines in both volume and open interest, the token may experience additional pressure.
Investors will also pay attention to how the general cryptocurrency market is performing, especially Bitcoin, since meme coins are known to mimic the trends in the general market. Market recovery may help boost PUMP price, but lack of interest may result in the token maintaining its current level.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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