Pump.fun Price Falls 11% As Investors Buy This Crypto For 10X

Pump.fun Price Prediction: PUMP Plummets 11% As Founder Rules Out Airdrop While Traders Pile Into This Trading Bot Token With 10X Potential

BySteven Walgenbach

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Updated: 24 July 2025

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The Pump.fun price plummeted 11% in the last 24 hours to trade at $0.003209 as of 11:23 p.m. EST as traders short the crypto.

That drop in the PUMP price comes after Pump.fun founder Alon Cohen confirmed that there are no immediate plans for a token airdrop.

During an X live with Michael “ThreadGuy” Jerome, Cohen said an airdrop “is not going to take place in the immediate future,” adding that investors will be notified of any timelines or details once they become available.

Allon speaks about the pumpfun airdrop live on threadguy stream,

"We want to reward OG pumpfun users" pic.twitter.com/gdfE7H4oRV

— ً (@0xsyste) July 23, 2025

In the last 24 hours, the PUMP price also fell to a new all-time low at $0.003041. It has since climbed over 6% to trade at its current level.

Pump.fun Price Resting On A New Support Level

4-hour chart for PUMP/USD (Source: GeckoTerminal)

The Pump.fun price is resting on a support level at $0.002981 following a prolonged downtrend over the last few days, data from GeckoTerminal shows. Falling below this recently-formed technical safety net might lead to a new all-time low for the meme coin.

That might not happen if traders identify the current Pump.fun price as a buy opportunity. In this more optimistic scenario, the crypto might try to reclaim the support of the $0.003583 mark. Continued pressure from buyers might then push the crypto up to $0.003993 or even to as high as $0.004594 in the short term if the bullish pressure persists.

Pump.fun Price Might Drop Some More As Technicals Flash Bearish

Looking at technical indicators on the 4-hour chart, indicators such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI), are still flashing bearish.

That’s after the MACD line crossed below the MACD Signal line in the last 12 hours, a classic indication that a crypto has entered a negative trend. With the MACD line breaking away below the MACD Signal line, it appears PUMP’s bearish momentum is starting to pick up steam.

Sellers are also currently overpowering buyers, which is evident by the steep drop in the RSI readings over the last couple of hours. However, the latest reading in the low 30s could serve as a launchpad for the Pump.fun price in the short term if traders try to capitalize on the altcoin’s upside potential, which is currently greater than its downside potential.

Before traders enter into a long position for the Pump.fun price, they might want to wait for momentum to turn more bullish. The MACD line crossing to back above the MACD Signal line could be the early signal that a positive shift will happen.

With the Pump.fun price stuck in a bearish trend, investors are turning to Snorter Token (SNORT). Popular YouTube channel 99Bitcoins, which has over 723K subscribers, said in a recent video that SNORT could soar 10X after its launch.

A Bot Built To Find Crypto Gems

Snorter Token introduces a powerful, lightning-quick trading bot to the market that is designed to uncover hidden gems in the crypto space. The Telegram-based bot enables traders to snipe new tokens as they emerge, perform sub-second swaps, copy other top traders, and monitor their portfolios in real-time, all from the popular messaging app.

While trading new cryptos can be risky, Snorter bot users can trade knowing that they’re covered by the bot’s advanced rug pull and honeypot scam detection. To date, the bot has shown an 85% success rate in flagging suspicious projects.

The Snorter bot’s raw trading power is complemented by some of the lowest fees in the market. By just holding SNORT tokens, users slash their execution costs from 1.5% to 0.85%, undercutting many of the bot’s rivals.

Initially, the bot will operate on the Solana blockchain. This means users can snipe and trade new tokens on platforms like Pump.fun and Raydium, both of which played a major role in igniting the meme coin frenzy.

There are also plans to expand the bot’s functionality to blockchains that support the Ethereum Virtual Machine (EVM). When this happens, there won’t be many opportunities that will pass the Snorter bot undetected.

SNORT Presale Races Towards $3 Million

Investors have already pumped over $2.3 million into the project’s presale, signaling strong confidence in the project’s future.

To buy SNORT during its ICO, investors can utilize the simple widget embedded on the project’s website. Selling for $0.0991, SNORT can be bought with either crypto or bank card. Once purchased, the tokens can then be staked for an attractive 177% APY.

Interested investors will want to act fast. Not only does that APY drop as more people join the ICO, SNORT’s price will also rise as the presale progresses. The next ICO price hike is in around 30 hours.

Visit the official Snorter Token website to learn more.