$PUMP closed green today while most of the market bled, up 1.7% on a session where BTC lost 2.7% and ETH lost 4.4%.
Live numbers:
Price: 0.006444 USD
24h: +1.7%, high 0.006668, low 0.005990
7d: +11.9%
30d: +45.3%
Market cap: 3.00B USD, rank 41
24h volume: 567M USD
The number behind it is fee generation. The two protocols in this ecosystem produced 6.99M USD in fees in the last 24 hours, 4.47M from the AMM and 2.52M from the launchpad. Over seven days that is 48.2M.
For scale, that single day of fees is more than every version of Uniswap earned combined on the same day.
That does not flow to holders one for one, and it is worth saying plainly. But it explains why this one is bid on a red day while names without revenue are not.
Supply: 463.9B tokens circulating of a 1T maximum, so 46% is out and fully diluted value is 5.37B against a 3.00B market cap.
Levels. Below price: 0.005990, today's low. Above price: 0.006806, the 30 day high.
Follow me for daily market breakdowns.
#PUMP #BTC #altcoins #crypto
Live numbers:
Price: 0.006444 USD
24h: +1.7%, high 0.006668, low 0.005990
7d: +11.9%
30d: +45.3%
Market cap: 3.00B USD, rank 41
24h volume: 567M USD
The number behind it is fee generation. The two protocols in this ecosystem produced 6.99M USD in fees in the last 24 hours, 4.47M from the AMM and 2.52M from the launchpad. Over seven days that is 48.2M.
For scale, that single day of fees is more than every version of Uniswap earned combined on the same day.
That does not flow to holders one for one, and it is worth saying plainly. But it explains why this one is bid on a red day while names without revenue are not.
Supply: 463.9B tokens circulating of a 1T maximum, so 46% is out and fully diluted value is 5.37B against a 3.00B market cap.
Levels. Below price: 0.005990, today's low. Above price: 0.006806, the 30 day high.
Follow me for daily market breakdowns.
#PUMP #BTC #altcoins #crypto