15 Sep
15Sep

The native token of the meme coin platform Pump.Fun, PUMP, is experiencing a massive surge, climbing over 70% in a week to near its all-time high. This rally is fueled by several key factors that have made it a hot topic among traders.


Why PUMP Is Gaining Momentum

  • Major Exchange Listings: A new listing on Binance, the world’s largest crypto exchange, has given PUMP significant global exposure. This was accompanied by a large 350 million PUMP rewards campaign. The token also secured a listing on the Philippine-based exchange Coin.ph, further boosting its price.
  • Record Buybacks: The Pump.Fun platform is dedicating more than 98% of its revenue to buying back PUMP tokens, a move that directly supports the token's price. With lifetime revenues exceeding $808 million, this strategy is seen as a strong commitment to the token's long-term value.
  • Profitable Trading: The article highlights that nearly 50% of all PUMP traders are currently profitable, though the majority are smaller investors. One notable player, market maker Wintermute, reportedly cashed out a significant $10 million from its trades.

The Broader Memecoin Ecosystem

PUMP's rise is also a reflection of the platform's success on the Solana blockchain. Pump.Fun has enabled over two million meme coin launches with a combined market cap of over $3.6 billion. This "no-code" model has made it one of Solana’s most profitable DeFi projects, adding to PUMP's credibility.


Price Outlook

The token has staged a strong recovery, climbing almost 130% in the past month. It is currently trading near its all-time high of $0.00880. From a technical standpoint, PUMP needs to hold its support level between $0.0078 and $0.0085 to maintain its upward trend. If it breaks past the $0.0090 resistance, it could target the significant $0.01 mark.

September 2025, Cryptoniteuae

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