[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Beluga [@getbeluga](/creator/twitter/getbeluga) on x 161.2K followers Created: 2025-07-24 00:46:43 UTC Daily Edition: PUMP Trades XX% Under ICO Price After Record-Breaking Raise Crypto took a breather today with many altcoins dropping 10%+ and memes dropping more as treasury companies continue to gobble up Bitcoin and Ethereum. Is this the END of the dip for now? 👇 Something to take note of given this is the first real correction in a month. The coins might be taking a pause, but the treasury companies responsible for a big piece of the recent bid certainly haven’t. Even after announcing the shutdown of his liquid fund due to a -XX% drawdown YTD, Joe McCann appears to have “earmarked a $1B raise for a Solana treasury company”. If he can still muster a billion dollars to buy our favorite coins, you have to believe many others can. Today also marked co-founder of Pump Fun Alon Cohen’s first interview since their $600M raise a few weeks ago, which turned out to be the second largest raise in crypto of all time. During the XX minute interview alone, PUMP lost $300M in market cap signaling how unhappy the market was with his remarks. The anger today is mostly centered around the lack (so far) of "the drop", which Alon noted on stream today would not be coming in the immediate future. The bigger pressure on PUMP’s performance is of course the rise of Bonk’s memecoin launchpad which in recent times has eclipsed the volume. Are you buying the PUMP token at these levels?  XXXXXX engagements  **Related Topics** [coins](/topic/coins) [dip](/topic/dip) [altcoins](/topic/altcoins) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [coins pow](/topic/coins-pow) [ethereum](/topic/ethereum) [Post Link](https://x.com/getbeluga/status/1948183024451145903)
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Beluga @getbeluga on x 161.2K followers
Created: 2025-07-24 00:46:43 UTC
Daily Edition: PUMP Trades XX% Under ICO Price After Record-Breaking Raise
Crypto took a breather today with many altcoins dropping 10%+ and memes dropping more as treasury companies continue to gobble up Bitcoin and Ethereum.
Is this the END of the dip for now? 👇
Something to take note of given this is the first real correction in a month. The coins might be taking a pause, but the treasury companies responsible for a big piece of the recent bid certainly haven’t.
Even after announcing the shutdown of his liquid fund due to a -XX% drawdown YTD, Joe McCann appears to have “earmarked a $1B raise for a Solana treasury company”. If he can still muster a billion dollars to buy our favorite coins, you have to believe many others can.
Today also marked co-founder of Pump Fun Alon Cohen’s first interview since their $600M raise a few weeks ago, which turned out to be the second largest raise in crypto of all time.
During the XX minute interview alone, PUMP lost $300M in market cap signaling how unhappy the market was with his remarks. The anger today is mostly centered around the lack (so far) of "the drop", which Alon noted on stream today would not be coming in the immediate future.
The bigger pressure on PUMP’s performance is of course the rise of Bonk’s memecoin launchpad which in recent times has eclipsed the volume.
Are you buying the PUMP token at these levels?
XXXXXX engagements
Related Topics coins dip altcoins bitcoin coins layer 1 coins bitcoin ecosystem coins pow ethereum