Pump.fun sells $6.6M in Solana, but market remains stable with $47M SOL remaining

From Cointelegraph

October 22, 2024 08:00 AM:

Pump.fun’s fee account maintains $47 million worth of Solana tokens, potentially increasing selling pressure.

A large amount of Solana tokens held by Pump.fun’s fee account at over $47 million may cause additional selling pressure.

Read more at Cointelegraph: Solana price unfazed by Pump.fun $6.6M sale, $47M SOL remaining