PUMP Token Explodes 70%, Key Reason Behind It

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PUMP, the native token of Pump.Fun’s, is stealing the spotlight. After a massive 70% jump in just a week, it’s now trading close to its all-time highs. With a fresh Binance listing, record buybacks, and traders making a profit. 

Meanwhile, PUMP has become one of the hottest tokens trending across crypto exchanges and social media. 

Here’s why traders can’t stop talking about PUMP.

Pump Token Secure Listing on Major Exchanges

One of the biggest reasons behind PUMP’s rise is its listing on Binance, the world’s largest crypto exchange. The move not only gave the token global exposure but also came with a huge 350 million PUMP reward campaign, making it hard for traders to ignore.

On top of it, Philippines-based crypto exchange Coin.ph has listed the PUMP token, boosting its price up. 

Record Buybacks and Traders Profit

Pump.fun has also been putting its revenues to work. The platform is using more than 98% of its income to buy back tokens, directly supporting the price. With lifetime revenues crossing $808 million and team wallets holding a growing chunk of the supply, investors are viewing this as a strong sign of long-term commitment.

According to Bubblemaps, market maker Wintermute cashed out $10M from PUMP trades. Meanwhile, most small traders earned less than $1,000, but nearly 50% of all PUMP traders are currently sitting on profits.

Meme Coin Mania on Solana

Beyond the token itself, Pump. fun’s wider ecosystem is fueling hype. The platform has enabled over two million memecoin launches, with a combined market cap of more than $3.6 billion. 

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This viral “no-code” model has turned it into one of Solana’s most profitable DeFi projects, giving the token even more credibility.

Price Analysis: Can PUMP Break $0.01?

Pump.fun’s PUMP token has staged a strong recovery since late July, climbing nearly 130% over the past month. It recently reached $0.00880, close to its all-time high, before experiencing a slight pullback. 

From a technical perspective, key support sits around the $0.0078–$0.0085 range. 

As long as PUMP holds above this zone, the uptrend stays intact. If the token can break past the $0.0090 resistance, it could quickly target the psychological $0.01 level, opening doors for fresh highs.