🚨 $PUMP just broke below presale levels
Early buyers are dumping
Trust is fading
And the chart looks dangerous
Here’s what really happened — and what’s next for the token 👇🧵
I spent countless hours researching.
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$PUMP just slipped under its presale level of $0.0038
And while the market’s heating up, it’s going the other way
That’s not just a dip, it’s a breakdown in trust
Let’s unpack what’s actually going on with this token
The first and biggest issue is competition
$BONK continues to dominate attention and trading volume
Traders follow activity, and $PUMP lost that spotlight
Liquidity simply shifted to where the crowd feels safer
But the real weight on price is the early distribution
A handful of presale wallets hold a massive chunk of supply
Those wallets are now selling — slowly but heavily
And the chart reflects that pressure every time they move
The second major factor is the airdrop hype
The team teased big rewards without clear terms
Now the market is guessing — and that creates uncertainty
If the airdrop underdelivers, the trust damage could be permanent
The real problem isn’t price — it’s perception
Traders think $PUMP was oversold from day one
A small group held too much power from launch
And without a shift in token structure, trust won’t return
Right now this token looks like a short-term speculation play
It’s not about fundamentals, it's about wallet behavior
And those wallets are signaling caution, not conviction
Momentum traders will keep leaving until something changes
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