PUMP Is Down 15%, But Why Are Traders Betting $674 Million on It in the Futures Market?

After a much-hyped Initial Coin Offering (ICO) last weekend, the Pump.fun (PUMP) token is facing its first major test, with its price dropping over 15% in the last 24 hours to trade about $0.004355 on Saturday, July 19. But while the price chart is flashing warning signs, a massive surge of activity in the futures […] The post PUMP Is Down 15%, But Why Are Traders Betting $674 Million on It in the Futures Market? appeared first on Coin Edition.