PUMP drops 12% after iOS app delisting
Pump.fun (PUMP)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that the PUMP token fell 12.5% to settle at $0.004002 following the removal of its iOS app from major stores. The asset traded between $0.003977 and $0.004821 over the 24-hour period, maintaining a market capitalization of $1.659 billion. Pump.fun, a Solana-based platform for meme token creation, saw daily trading volume reach $389.33 million.
Binance led exchange flows with $414.68M, followed by OKX at $225.64M and Hyperliquid at $210.97M. Forced liquidations totaled $5.42 million, with long positions absorbing $4.20M of that total. Technical analysis shows the token broke an ascending channel that had held for over seven days. The Relative Strength Index dropped to 40.60, signaling a momentum reversal from the previous trend.
A market analyst noted that a bullish trendline supporting the price for two months has been violated. The analyst warned that a breakdown below key support could trigger a substantial correction. The platform recently added 20 new token pairs for equities and metals, allocating 50% of fees to buybacks. The iOS app delisting in the U.S. and India is described as temporary with no clear reason provided.
How the market reacted
Whalio's own Binance spot order flow for PUMP, measured when this story was written up on 12 September 2026. Not the outlet's figures.
Whalio data shows PUMP trading at $0.003588 with a 1-hour buy ratio of 48.5% and a 4-hour buy ratio of 45.8%. These short-term ratios are lower than the 24-hour buy ratio of 50.5%, indicating that buying pressure is fading in the immediate term. The 1-hour volume delta is negative at -$12,051, while the 4-hour delta is -$187,998, showing net selling in recent hours. However, the 24-hour volume delta remains positive at +$333,287, suggesting net buying occurred over the full day. The Cumulative Volume Delta closed at +$231,295, confirming that buyers dominated the session despite the recent dip. Spot volume for the 24-hour period reached $34,473,212 across 265,586 trades.
The latest daily buy ratio of 50.6% sits at the 63rd percentile of the last 322 days, against a median of 49.3% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for PUMP, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.9%, making today's 24-hour ratio of 50.5% slightly below the norm by 0.5 points. Volume was recorded at 0.78x the weekly average, indicating a quieter trading day than usual. Net buying occurred on 4 of the 7 days in the period, with a total volume delta of +$7,933,953. The price has declined 15.4% over the eight-day window. This context suggests the current session is part of a broader cooling trend rather than an isolated event.