PUMP has surged 13% over the past week, driven by increased meme coin activity and strategic buyback initiatives by the Pump.fun platform. This rebound follows a period of decline, with coins like WhiteWhale gaining traction as market sentiment improves. In the last 24 hours, top traded Pump.fun coins include $FARTCOIN with $10.5 million in volume, $WHITEWHALE at $9.08 million, and $PIPPIN at $7.64 million. The Pump.fun team has been executing buyback-and-burn strategies, recycling approximately $1 million daily from platform revenue into market bids, which has helped stabilize the token's value. Technical indicators suggest a potential breakout, with the RSI rebounding from oversold levels and the MACD showing a bullish pivot. Key price levels to watch include $0.0025 for support and $0.0035 for resistance, with a potential target of $0.0047 if momentum continues.
PUMP Rallies 13% Amid Meme Coin Resurgence and Buyback Strategy
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