Pump.fun’s native token led losses in the meme economy, falling by 9.2% in just 24 hours. This decline is noteworthy as other major meme tokens like Dogecoin, PEPE, and BONK also recorded losses, while Bitcoin and Ethereum fared relatively better. Currently, PUMP is priced at $0.007213, maintaining a significant 142% increase over the past month, though it remains 11.5% below its all-time high achieved on September 14. As the meme coin market contracts by 4.8%, the overall market cap dropped to $87.2 billion. In contrast, Ethereum co-founder Vitalik Buterin defended long unstaking times for ETH, stating these were designed to maintain trust. Meanwhile, Immutable’s gaming token saw a surge of 17% amid broader altcoin momentum.

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