# Pump.fun token falls 8% to CA$0.00197, market cap at C$683 million

**Published:** 2026-06-23T13:44:01.001Z  
**Topic:** Pump.fun  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/24502d00-9143-4501-981d-ed4aa1afd864

Pump.fun (PUMP) slides 8% in 24 hours to CA$0.00197, market cap C$683 M and circulating supply 345.7 B. See price drivers and key levels.

Pump.fun’s native token PUMP dropped 8% in the last 24 hours to CA$0.001971, pulling its market value to roughly C$683 million and leaving it 84% below its all‑time high of CA$0.01268 reached in September 2025【1】.  

| At a glance | |
|---|---|
| Price (CA) | CA$0.001971 |
| 24h change | –8% |
| Market cap | CA$683.08 M |
| Circulating supply | 345.69 B PUMP (35% of max) |
| Catalyst | Continued sell pressure; sellers outnumber buyers by ~60%【1】 |

## Price pressure and trading activity  
The token’s decline follows a pronounced imbalance between sellers and buyers, with roughly 60% more sell orders than buy orders in the past day【1】. Trading volume also slipped, as the Memecoin category’s overall activity fell 28% and PUMP’s own volume dropped 5% over ten hours, leaving it among the bottom performers in its segment【1】.  

## Tokenomics and on‑chain context  
PUMP’s circulating supply of 345.69 billion tokens represents 35% of its 1 trillion‑token max supply and 40% of the total supply of 856.15 billion, indicating that a sizable portion remains unissued【1】. The fully diluted valuation sits at CA$1.98 billion, underscoring the gap between current pricing and the theoretical maximum if all tokens were in circulation. Social sentiment remains neutral, with a 2.8/5 average score and 76.8% of tweets classified as neutral【1】.  

| Metric | Value |
|---|---|
| Max supply | 1 T PUMP |
| Total supply | 856 B PUMP |
| Circulating supply | 345.69 B PUMP (35%) |
| All‑time high price | CA$0.01268 (Sept 2025) |

## What to watch  
- **Price support:** CA$0.0015 could act as short‑term support if the downtrend continues.  
- **Supply unlocks:** Any future release of the remaining 65% of max supply may add downward pressure.  
- **Seller‑buyer ratio:** A shift toward more buyers than sellers could stabilize or reverse the price slide.  

The token’s steep fall highlights the challenges memecoin projects face when market sentiment turns bearish and supply remains heavily skewed toward future issuance. Whether PUMP can regain momentum will depend on both trading dynamics and any upcoming token releases.

## Sources
1. Coinbase — [Pump.fun Price, PUMP Price, Live Charts, and Marketcap: pump fun, pump coin price - Coinbase Canada](https://www.coinbase.com/en-ca/price/pump-fun-solana)
2. Coinbase — [Pump.fun Price, PUMP Price, Live Charts, and Marketcap - Coinbase Spain](https://www.coinbase.com/en-es/price/pump-fun-solana)
3. Revolut — [Pump.fun (PUMP) Price Today | PUMP Live Price Charts](https://www.revolut.com/en-LT/crypto/price/pump/)

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Cite as: TrendWatcher, "Pump.fun token falls 8% to CA$0.00197, market cap at C$683 million", https://www.trendwatcher.in/article/24502d00-9143-4501-981d-ed4aa1afd864