Pump.fun reclaims $0.0020 – Can $414M in buybacks sustain PUMP’s rally?

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Pump.fun’s PUMP token rebounded from a low of $0.001 to reclaim the $0.0020 resistance level, posting a 13.02% daily gain with trading volume surging 157% to $92 million. The protocol generated $7.45 million in daily revenue, surpassing Hyperliquid, and executed token buybacks worth $414.27 million, removing 15.357% of the total supply. Capital inflows remain steady at $5.6 million, with the protocol having generated $1 billion in fees and $448 million in annualized revenue. The bullish momentum is strengthening as the MACD indicator rises, but PUMP must hold above $0.0020 to target $0.0022 or risk dropping to $0.0017.

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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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