{"id":14312,"date":"2025-10-25T10:02:02","date_gmt":"2025-10-25T10:02:02","guid":{"rendered":"https:\/\/bitunikey.com\/news\/padre-token-dumps-after-pump-fun-acquires-trading-terminal\/"},"modified":"2025-10-25T10:02:06","modified_gmt":"2025-10-25T10:02:06","slug":"padre-token-dumps-after-pump-fun-acquires-trading-terminal","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/padre-token-dumps-after-pump-fun-acquires-trading-terminal\/","title":{"rendered":"PADRE token dumps after Pump.fun acquires trading terminal"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The Padre token slumped more than 76% as its price fell from above $0.076 to $0.011, with this coming after memecoin launchpad Pump.fun announced it had acquired the multichain trading terminal.<\/p>\n<div id=\"cn-block-summary-block_7c821990a4ac58cbd41c59f375292cb0\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>The Padre token plummeted more than 76% to $0.011.<\/li>\n<li>PADRE price fell after Pump.fun announced it acquired the trading terminal.<\/li>\n<li>According to an announcement, one of the changes to the Padre ecosystem is the removal of utility for the native token.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The sharp decline came amid the acquisition, and related to details to the effect that Pump.fun\u2019s takeover will see the discontinuation of the PADRE token. <\/p>\n<p>A panicked community looked to exit, and the market showed with the token cratering more than 76% from highs of $0.076 to lows of $0.011 at the time of writing.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Why Pump.fun acquired Padre<\/h2>\n<p>Pump.fun (PUMP) disclosed the acquisition on October 24, 2025, noting <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/pumpdotfun\/status\/1981722548350894498\" target=\"_blank\" rel=\"nofollow\">via X<\/a> that Padre allows the Solana-based memecoin launchpad to expand its traction with one of the industry\u2019s leading trading terminals.<\/p>\n<p>The platform offers users a high-speed trading experience, and professional traders can tap into its solution across Solana, BNB Chain, Base, and Ethereum. Padre is set to unlock an advanced trading experience for users, the Pump.fun team said.<\/p>\n<p>But while Padre will continue to function as usual, including providing access to trading on every launchpad and decentralized exchange across the supported chains, there\u2019s one notable change.<\/p>\n<p>And that\u2019s what likely spooked token holders. <\/p>\n<p>Pump.fun said the PADRE token \u201cwill no longer have utility on the platform.\u201d <\/p>\n<p>Furthermore, it indicated that there are \u201cno further plans for the future.\u201d No utility means worthless, and holders could be left hanging dry.<\/p>\n<p>The community has not taken this move lightly, many condemning it on X as they drew comparisons with what would happen if a public company acquires another.<\/p>\n<p>According to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/wolfofshelby\/status\/1981774735387013413\" target=\"_blank\" rel=\"nofollow\">one crypto enthusiast<\/a>, Pump.fun should have acquired the PADRE tokens or converted to the equivalent dollar value in PUMP tokens.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Padre token slumped more than 76% as its price fell from above $0.076 to $0.011, with this coming after memecoin launchpad Pump.fun announced it had acquired the multichain trading&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14312"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14312\/revisions"}],"predecessor-version":[{"id":14313,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14312\/revisions\/14313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3111"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}