Pump.fun Price Prediction: PUMP Leads Losers On CoinMarketCap With 13% Plunge As Investors Pivot To This AI OnlyFans Rival With 20% APY

The below article is sponsored, meaning Insidebitcoins may receive a commission for affiliate links in the content. Cryptocurrencies are high-risk investments, and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest.

Pump.fun price
Pump.fun price

Join Our Telegram channel to stay up to date on breaking news coverage

The Pump.fun price dropped 13% in the last 24 hours to trade at $0.003736 as of 2:15 a.m. EST on trading volume that soared 26% to $693.86 million.

This drop by the PUMP price was enough to push the altcoin to the top of the losers list on CoinMarketCap.

The project’s price dipped over the last 12 hours or so, which coincided with Bitcoin breaking one of its major supports. While the industry’s most prominent cryptocurrency has since started recovering, PUMP has continued to spiral downward.

However, this is only the latest part of a week-long decline that has seen the token go down 38% between July 16 and today. PUMP is at its all-time low as it still continues to search for its bottom. However, the fact that its value continued to decline even as the rest of the sector spent weeks trading in the green may be keeping new buyers at bay.

Pump.fun Price Prediction

Pump.fun reached its highest value at around $0.010 on July 13. After that, it returned below the resistance level at $0.0080, which prevented it from rising further. Within days, the token started spiraling down, and while it initially found a strong support at $0.0040, it finally broke that level earlier today, dipping to $0.0037.

For the time being, its price has seemingly stabilized here, but its Bollinger Bands remain wide as the token’s declining value continues to push its lower band deeper down.

Pump.fun Price Prediction

PUMP/USDT chart analysis (Source: TradingView)

The token’s Relative Strength Index (RSI) value has also reflected the lack of confidence among traders. In the last two days, the RSI dropped from the overbought zone to the oversold one, only to then bounce back up as traders started buying the dip. However, they only pushed it up to the value of 60 in the neutral zone before they started selling again.

The metric has been fluctuating between 40 and 60 for most of the day yesterday as day traders used micro-movements of its price to make small profits. However, since then, the RSI had plummeted to the value of 20 deep in the oversold zone. The traders once again moved in to buy the dip, pumping it toward 40 at the time of writing, but this has yet to impact its price significantly.

Promising Alternative To Pump.fun

With PUMP currently stagnating, investors are turning to SUBBD Token (SUBBD) — one of the most promising new tokens on the market. Created to be a native crypto of the SUBBD platform, the token offers numerous benefits and perks to early investors, including early access to the platform, access to exclusive content, discounts, and the ability to engage in staking for a 20% APY.

Currently still in ICO, SUBBD has raised over $853k as of the time of writing, with more money pouring in every day as it approaches its first million. Experts believe that its value will skyrocket once it goes live, as utility tokens are growing in popularity, usage, and value.

The SUBBD platform, specifically, is expected to attract a large number of users once everything is fully ready to go live. This is a new hub for content creators, commonly referred to as OnlyFans’ decentralized rival. It is based on emerging technologies such as cryptocurrency and blockchain, as well as AI, which it utilizes to automate most of the mundane day-to-day tasks that content creators typically perform.

By taking over those tasks, the AI gives creators more time to engage with their audiences and find new ways to monetize their content. Experts behind the YouTube channel 99Bitcoins, which has over 723k subscribers, believe that SUBBD could be the next 10x crypto once it goes live due to demand alone, as over 2k top-earning creators with 250 million fans have already expressed interest in the platform.

If you wish to join others who bought SUBBD for only $0.055975 apiece, buy now while it is still in ICO. Buy before a presale price hike in around 25 hours.

Visit the SUBBD website.

Related Articles:

Best Wallet - Diversify Your Crypto Portfolio

Our Rating

Best Wallet
  • Easy to Use, Feature-Driven Crypto Wallet
  • Get Early Access to Upcoming Token ICOs
  • Multi-Chain, Multi-Wallet, Non-Custodial
  • Now On App Store, Google Play
  • Stake To Earn Native Token $BEST
  • 250,000+ Monthly Active Users
Best Wallet

Join Our Telegram channel to stay up to date on breaking news coverage

Read next