Pump.fun Price Drops 15% As This SOL Trading Bot ICO Heats Up

Pump.fun Price Prediction: PUMP Plunges 15% Even As Altcoin Season Ignites And This SOL Trading Bot ICO Goes Parabolic

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Updated: 18 July 2025

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The Pump.fun price plummeted 15% in the last 24 hours to trade at $0.004665 as of 7:15 a.m. EST as investors dump their holdings in the crypto.

The drop in the PUMP price comes even as the CoinMarketCap Altcoin Season Index hits 50, indicating the potential start of the altcoin season.

TradingView data also shows the total market cap for altcoins has surged over 28% this month so far.

Pump.fun Price Rests On Support While In A Bearish Channel

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

The Pump.fun price has been in a negative channel over the last few days, data from GeckoTerminal shows. Now, the meme coin is resting on a key support level at $0.004561. Dropping below this mark might result in a continued drop for the crypto. If this happens, traders could look to target the $0.004185 support.

That bearish thesis might not play out if traders identify the current Pump.fun price as a buy opportunity. In this alternative scenario, PUMP might try to reclaim the support of the $0.004920 level. This is a key price point to watch, because it’s currently confluent with the upper boundary of the descending price channel.

As such, a break above the $0.004920 barrier could trigger a bullish reversal of PUMP’s bearish trend. This might then lead to a climb to as high as $0.005260.

Technicals Show The Pump.fun Price Might Drop Some More

Looking at technical indicators on the hourly chart, short-term momentum seems to still be in favor of sellers. More specifically, indicators such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI), warn the Pump.fun price might drop some more in coming hours.

A bearish technical flag was recently triggered by the MACD, after the MACD line crossed below the MACD Signal line in the last couple of hours. This development suggests the Pump.fun price might enter another leg down heading into the weekend.

Sellers are also much stronger than buyers, as indicated by the RSI reading in the low 30s. The current reading could suggest PUMP’s upside potential is greater than its downside potential and might therefore be seen as a buy signal.

Traders will, however, want to exercise caution if considering entering into a long position, given the the descending price channel and recent cross between the MACD and MACD Signal line.

With sellers maintaining control of the Pump.fun price, investors are turning their attention to Snorter Token (SNORT). According to popular YouTube channel 99Bitcoins, which has over 723K subscribers, SNORT has the potential to soar 10X at launch.

Snorter Token Helps Traders Find Opportunities In The Market

There have been many success stories over the years of investors achieving life-changing gains after buying into meme coins. However, with new tokens now entering the crypto space on a daily basis, finding the next crypto gem has become a challenging task. This is where Snorter Token, with its advanced trading bot designed to “sniff out” opportunities, will come in.

The Snorter bot aims to be the fastest and most cost-efficient solution in the market. It operates within Telegram, enabling users 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 messaging app.

Gone on the days when traders missed out on opportunities in the market just because they weren’t sitting behind their PC at a specific moment.

Trading new meme coins is a risky undertaking. With the hype around these lighthearted tokens, opportunistic scammers have been known to launch sham projects and steal capital away from unsuspecting traders and investors.

Snorter bot takes care of that issue, and comes with advanced rug pull and honeypot scam detection that has already shown an 85% success rate.

All of those features also come with some of the lowest fees in the market. By simply holding SNORT tokens, investors slash their execution costs from 1.5% to 0.85%.

SNORT Presale Blasts Past $2 Million

Snorter Token is already drawing investors in with its ongoing presale, which has raised over $2 million in early-stage funding so far.

There’s still time left for investors to get in at this ground level of the project. Selling for $0.0985, SNORT tokens can be bought through the easy-to-use widget embedded on the meme coin’s website using either crypto or bank card.

Tokens can also be staked for an attractive 197% APY, giving investors a way to earn passive rewards while they wait for the token to launch.

Interested investors will want to hurry though, because SNORT’s price will rise as its presale progresses. The next price hike is about 22 hours away.

Visit the official Snorter Token website.