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Hey, babe, look! Pump.fun is in the news again. Recent on-chain data revealed huge money movements tied to the project. With these large-scale transfers, are projects on the platform safe? Is its token still the best new presale to buy?
EmberCN, a crypto and on-chain analyst on X, peeled the layers on what was going on with Pump.fun’s finances. According to the post shared by the analyst on 24 November 2025, Pump.fun moved than $400 million in USDC through Kraken last week.
Additionally, the firm moved another $466 million from Kraken to Circle, which most likely looks like a redemption.
(Source: EmberCN)
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Interestingly, the numbers line up perfectly with the private-placement capital that it raised back in June this year. During this time, institutions had hoovered up Pump.fun tokens for $0.004 a piece.
That round was huge for Pump.fun. It pulled in about $720 million and gave investors around 18% of the total supply before the public sale even started. And then, when trading finally opened, insiders and early backers ended up holding around 55% of the supply.
(Source: Arkham)
Naturally, community members weren’t thrilled and argued that the market was tilted since day one. On top of that Pump.fun has been raking in some serious dough.
While retail traders lose billions on memecoins,
Pump Fun just pocketed $500 MILLION by weaponizing psychology against you.
The manipulation goes deeper than you think
— KEMOSABE (@KEMOS4BE) July 12, 2025
Dune Analytics dissected the data and revealed that the project has made more than $908 million since launch. However, things have quietened as of late.
(Source: Dune Analytics)
With the downturn in the crypto market as of late, daily active users have dropped below 100,000, and of the 10,000 tokens created in the last 24 hours, only 86 have managed to hold their own.
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Pump.Fun Token Drops Fast: Best New Presale To Buy Still?
Business has slowed down, and with the crypto market imploding, Pump.fun has been struggling as of late. Furthermore, a mix of weak token performance and legal troubles is making things worse for wear.
To keep the users engaged on the platform, it introduced new features such as the Mayhem Mode, designed to shine a light on newer projects that showed promise. However, bots quickly weaponized the system, limiting its usefulness.
Meanwhile, Pump.fun’s misfortunes have caused users to shift attention towards other platforms such as DegenSafe.fun and four.meme for a new presale to buy since they offer clearer rewards and incentives.
Adding legal troubles to the mix, Pump.fun is now facing some serious pressure. It is looking at multiple class-action lawsuits filed in New York that have accused the project of selling unregistered tokens and misleading users about potential returns.
If you lost money on Pumpdotfun, you may be entitled to compensation.
Start your claim now. Burwick Law represents 500+ investors pursuing legal action regarding pumpdotfun tokens.
Attorney advertising. Prior results do not guarantee a similar outcome. pic.twitter.com/gy6JWgA8V5
— Burwick Law (@BurwickLaw) June 16, 2025
All this has caused its token price to dump hard. As of right now, Pump.fun’s token is trading at $0.002627, down by 35% on the monthly charts, with chances of further decline according to Coincodex’s prediction.
(Source: Coincodex)
Per the market data platform, Pump.fun could drop further to $ 0.001969 by 23 December based on its readings of negative sentiments, high volatility, and extreme fear on the Fear and Greed Index.
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Key Takeaways
- Pump.fun moved over $400M in USDC, raising concerns about financial transparency
- Legal pressure and declining activity threaten Pump.fun’s status as a top new presale to buy
- Currently trading 35% on the monthly charts, Coincodex predicts a further drop to $0.001969 by December 23
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