Pump.fun Revamps Creator Fee Distribution, Supports Up to 10 Wallets
- Fee Distribution Innovation: Pump.fun announced an update to its creator fee distribution mechanism, now allowing sharing with up to 10 wallets, aimed at incentivizing more engaged teams and enhancing platform trading activity and user retention.
- Shift in Trading Incentives: This change comes as platform activity rebounds, with founder Alon Cohen noting that previous creator fee incentives led users to favor low-risk token creation over high-risk trading, negatively impacting the platform's health.
- Community Concerns: Despite the new mechanism aiming to improve fairness in fee distribution, the community remains worried about potential exploitation of traders, especially as fees tend to decline after a project's valuation increases, which could lead to creator attrition.
- Future Updates Preview: Pump.fun plans to clarify the evolution of fees and incentives in the future to support the creation of quality assets, ensuring sustainable growth and a user-friendly experience on the platform.
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Technical Analysis for PUMP
Technical Sentiment Analysis for Pump.fun (PUMP) As of , Pump.fun (PUMP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, PUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Pump.fun (PUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000446 | 0.00105 | 0.00166 | 0.00227 | 0.00287 | 0.00348 | 0.00408 |
| Fibonacci | 0.00105 | 0.00152 | 0.0018 | 0.00227 | 0.00273 | 0.00301 | 0.00348 |
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