Pumpfun Under Scrutiny for Potential Token Dump Following Massive USDC Transfers to Kraken

Cryptocurrency platform Pumpfun is facing scrutiny after a substantial transfer of USDC tokens to Kraken exchange, raising concerns about potential dumping activity. Analysts are closely watching the situation as PUMP token prices have plummeted by over 40% despite recent upgrades. Further investigation into these transactions and their impact on market dynamics remains pending.