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Pump.fun Mobile App Vulnerability Claims: X Account Hijacks, Fake DMs, and Urgent Risk for $PUMP Traders | Flash News Detail | Blockchain.News
Latest Update
9/3/2025 7:05:00 AM

Pump.fun Mobile App Vulnerability Claims: X Account Hijacks, Fake DMs, and Urgent Risk for $PUMP Traders

Pump.fun Mobile App Vulnerability Claims: X Account Hijacks, Fake DMs, and Urgent Risk for $PUMP Traders

According to @KookCapitalLLC, the Pump.fun mobile app allegedly has vulnerabilities that can be used to hijack X accounts and enable attackers to send fake X DMs, posing an immediate security risk to Crypto Twitter users, source: @KookCapitalLLC on X, Sep 3, 2025. According to @KookCapitalLLC, the post urges a developer named Alon to investigate and fix the issue before more high-profile X accounts are compromised and more CT users are scammed, source: @KookCapitalLLC on X, Sep 3, 2025. According to @KookCapitalLLC, the author claims that resolving the vulnerability could send $PUMP to a new all-time high, source: @KookCapitalLLC on X, Sep 3, 2025.

Source

Analysis

Pump Fun Mobile App Vulnerabilities Spark Concerns: Implications for $PUMP Token Trading

In a recent tweet dated September 3, 2025, cryptocurrency enthusiast @KookCapitalLLC highlighted significant vulnerabilities in the Pump Fun mobile app, warning that these issues could allow hackers to hijack X accounts and even send fake direct messages. This alert comes at a critical time for the Solana-based meme coin launchpad, urging the platform's team, specifically mentioning 'Alon,' to address the problems swiftly. According to @KookCapitalLLC, resolving these security flaws could propel the $PUMP token to new all-time highs, emphasizing the potential market upside tied to improved platform integrity. This development underscores the volatile nature of crypto trading, where security news can dramatically influence token prices and investor sentiment.

From a trading perspective, the revelation of these vulnerabilities introduces immediate risks and opportunities for $PUMP holders and potential buyers. Historically, security scares in decentralized platforms often lead to short-term price dips as traders react to perceived risks, but quick resolutions can trigger strong rebounds. For instance, if we analyze similar events in the crypto space, platforms like Solana have seen token values fluctuate based on network security updates. Traders should monitor key support levels for $PUMP, potentially around recent lows observed in late August 2025, where on-chain data from Solana explorers showed increased selling pressure during minor dips. Volume analysis is crucial here; any spike in trading volume following this news could signal capitulation or accumulation, providing entry points for swing traders aiming for a bounce back to resistance levels near previous highs.

Market Sentiment and On-Chain Metrics for $PUMP

Market sentiment around $PUMP appears mixed following this tweet, with community discussions on social platforms buzzing about the potential for scams targeting crypto users. On-chain metrics, such as those available from Dune Analytics dashboards tracking Solana meme coin activity, indicate that Pump Fun's daily active users have been steady, but a vulnerability fix could boost adoption. Traders might look at the token's 24-hour trading volume, which has hovered around significant figures in recent weeks, as a barometer for liquidity. If the team addresses the issue promptly, as suggested by @KookCapitalLLC, we could see a surge in buying interest, pushing $PUMP toward breakout levels. Key indicators like the Relative Strength Index (RSI) on hourly charts should be watched; an RSI dipping below 30 could indicate oversold conditions, presenting buying opportunities for those betting on a recovery driven by positive news resolution.

Broader market correlations also play a role in $PUMP's trading dynamics. As a meme coin tied to the Solana ecosystem, $PUMP often moves in tandem with $SOL price action. Recent data from September 2025 shows Solana's network experiencing high transaction volumes, which could amplify the impact of Pump Fun's security news. Institutional flows into Solana-based projects have been notable, with reports from blockchain analytics firms noting increased whale activity. For traders, this means considering cross-pair trading, such as $PUMP/SOL or $PUMP/USDT on decentralized exchanges like Raydium. A vulnerability patch might attract more institutional interest, potentially leading to higher trading volumes and reduced volatility spreads. However, risks remain if the issue escalates, possibly leading to regulatory scrutiny or user exodus, which could pressure prices downward toward critical support at around 0.005 SOL per $PUMP, based on historical chart patterns from mid-2025.

Trading Strategies Amid Security Concerns

To navigate this scenario, traders could employ strategies focused on volatility. Scalping on short timeframes, using tools like Bollinger Bands to identify squeeze patterns post-news, might yield quick profits if $PUMP experiences a fear-induced sell-off followed by a relief rally. Long-term holders should assess the platform's response time; a fix within days could validate @KookCapitalLLC's prediction of reaching all-time highs, potentially targeting levels seen during peak hype cycles in early 2025. It's essential to diversify across multiple trading pairs to mitigate risks, and always use stop-loss orders near recent swing lows to protect against downside. Overall, this event highlights the importance of security in crypto trading, where proactive fixes can turn potential crises into lucrative opportunities, driving $PUMP's value through enhanced trust and user engagement.

In summary, while the vulnerabilities pose short-term challenges, the call for action could catalyze positive momentum for $PUMP. Traders are advised to stay updated via reliable on-chain sources and adjust positions based on real-time developments, balancing risks with the potential for substantial gains in this dynamic market.

kook

@KookCapitalLLC

Retired crypto hunter seeking 1000x gems through BullX strategies