Pump.fun Token PUMP Surges 12%, Holder Count Hits Record 122,440

PUMP-2.73%
According to Artemis and DeFiLlama data, PUMP surged 12% over the past day as the platform's native token holder count reached a record 122,440, with retail investors comprising roughly 38% of holders. Between June 26 and now, investors added approximately $15.7 million to Total Value Locked (TVL), lifting it to $217.7 million. However, the protocol's underlying performance lagged gains; launchpad volume and fees fell 86.7% and 35.6% to $5.8 million and $587,200 respectively, while protocol revenue declined 23% to $147.8 million, suggesting sustained momentum may face headwinds without improved metrics.
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