PUMP defends 50-day MA – Is Pump.fun’s bullish trend still intact?

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Pump.fun generated $322 million in revenue in 2026, ranking second among the most profitable crypto projects behind Hyperliquid with $429 million. The PUMP token bounced off its 50-day moving average at $0.00384, maintaining bullish momentum in place since early July despite a pullback from the local high of $0.0054. The buyback of 240 million PUMP tokens reduced supply, creating scarcity that supports the token’s value. Technical indicators show the daily trend remains bullish, with a range structure forming on the 4-hour chart.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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