Latest news with #pump
France 24
2 days ago
- Entertainment
- France 24
Djokovic denies Wimbledon celebration is politically motivated
Djokovic has taken to marking his wins at the All England Club with an unusual dance routine on the court. The 38-year-old Serb blew kisses to the crowd before turning to the players' box to perform the 'pump' moves after beating British wildcard Dan Evans in straight sets in the second round on Thursday. Djokovic pumped his hands towards the ground, before repeating the action to the sides and above his head. The 24-time Grand Slam champion's pumping gesture, which he also used after his first-round victory over Alexandre Muller, has been controversial in Serbia. The word pump is synonymous with a student protest sparked by the collapse of a railway station canopy in Novi Sad in November 2024, which claimed 16 lives. Students have put together blockades at their schools, accusing the government of corruption. The "pump it" phrase is used by students as a reminder to keep putting pressure on the government. Djokovic has previously praised protesting students in Serbia, wearing a hoodie that read "students are champions" and dedicating a victory at the Australian Open to a student who was injured during a protest. But the seven-time Wimbledon winner is adamant his celebration at the grass-court Grand Slam is simply a bonding moment with his young children. "As I mentioned to the Serbian journalists, it's something between me and my children. We have a song, it's called 'Pump It Up'," he told reporters when asked if it was a political gesture. "I don't know how many of you guys know that. It's quite an old song. Good rhythm. "So yeah, we're pumping. We love pumping. We pump after every win. I don't know the name of the artist." © 2025 AFP
Yahoo
04-06-2025
- Business
- Yahoo
Top Pump.Fun Ecosystem Tokens Tumble Amid Reports of $1B Fundraise
Fart-powered joke tokens suddenly weren't so funny for crypto traders on Tuesday. A basket of the largest ecosystem tokens faded from recent highs after Blockworks reported the Solana-based launchpad is pitching a $1 billion token sale that would value the project at roughly $4 billion. Sources told Blockworks the sale could close within weeks, though details on tokenomics remain launched on the platform slipped amid the news. Fartcoin (FARTCOIN), the largest Pump-launched token by market capitalization, dropped 7%. Peanut the Squirrel (PNUT), Moo Deng (MOODENG) and Goatseus Maximus (GOAT) gave back as much as 6%, while Alchemist AI (ALCH) — the big gainer on Monday — flipped red after an early 25% pop. The moves wiped about $150 million in aggregate value, trimming but not erasing the sector's outsized weekly gains. A billion-dollar raise means a new Pump token and, potentially, a fresh supply. Even if the deal channels cash back to users later, traders worry about a flood of 'farm-and-dump' flows hitting the very memecoins the platform helped create. Deeper concerns, however, spread across crypto circles on X as developers and traders questioned the need of a mammoth fundraise. 'Why does pump need to raise 1bn tho? how is it gonna invest that for growth if it already has made 675m and hasnt spent that either what are they planning to do with 1bn?,' DeFiLlama founder @0xngmi wrote. 'The Pump guys went through an accelerator, raised a small round, then proceeded to make almost a BILLION in revenue in 1 year and got a 4B valuation to raise another 1B,' said Mert Mumtaz, founder at Helius, 'Those are simply insane numbers in an insane amount of time.' Only three weeks ago tried to sweeten the pot users looking to issue tokens using the platform by handing 50% of PumpSwap fees — or five basis points of every trade — straight to token creators. At the time, founder Alon Cohen pitched the change as a way to eliminate rinse-and-dump behavior: If developers earn recurring fees, they don't have to dump their own coin on the community. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
