It's Christmas week. Santa rally? Yes or no. 👇 | B R O W N on Binance Square

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It's Christmas week. 
Santa rally?
Yes or no. 👇

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Can the PUMP Token Survive After an 80% Crash Amid Legal Troubles? $PUMP has fallen 80% from its all-time high to a record low of $0.0018, following the approval of a large-scale class action lawsuit against the platform and Solana Labs by a federal judge. 🔹 Lawsuit Details: The case alleges a fraudulent system where insiders outbid retail investors through linked curves. As a result, 98.6% of the 14 million memecoins issued collapsed to near zero, causing estimated losses between $4–$5.5 billion. 🔸 Concentration Risk: Evidence shows the top 10 holders control 70% of the PUMP supply. Internal conversations suggest coordinated early purchases, raising serious allegations of RICO-influenced corruption. 🔹 Market Reaction: Investors are fleeing. Net spot cash flow surged 144.88%, indicating a sharp sell-off, while net futures cash flow dropped to -$3.21 million. The RSI is at 28, signaling oversold conditions, but immediate support is lacking. With 98.6% of tokens reportedly “faulty by design” and insiders controlling the majority of supply, the $0.0018 price point may represent a high-risk situation. Trading Insight: This information is for educational purposes only and not investment advice. Please conduct your own research and consider the risks before making any trading decisions.

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