Pump.fun repurchased 332 million PUMP tokens at an average price of $0.00225, deploying approximately $747,000 from its daily revenue of $1.49 million, thereby reducing the token’s liquid supply. PUMP’s price gained 13.42% in 24 hours while trading volume surged 82.92% to $156.5 million. Open Interest on derivatives products also rose 18.10% to $211.31 million, signaling strengthened bullish conviction. Meanwhile, short liquidations reached $153,260 compared to $58,290 for long liquidations, indicating that bearish traders absorbed most of the losses. The token broke above the key resistance at $0.002133 and is now targeting the next barrier at $0.002556.
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