PUMP reaches a historic record with over 1 billion volume in 24h
Happy days are back for Pump.fun. After weeks of doubts and criticisms, the PUMP token displays a smashing comeback. In crypto, cloudy skies can sometimes clear up in just a few hours. In one day, the token jumped nearly 25%, reaching a historic record at $0.008456, with daily trading volume exploding to over 1 billion dollars. The market is heating up, and traders are already watching what’s next.
In brief
- PUMP jumped 25%, reaching a historic record at 0.008456 dollar.
- Trading volume exceeded 1.16 billion, an impressive increase of 132%.
- Pump.fun relaunched its controversial live-streaming, while redistributing 50% of revenues.
A soaring surge: PUMP captivates traders
And yet, mid-July, PUMP had crashed, leading many to believe the adventure was already over. A few weeks later, within 24 hours, this crypto’s price had risen nearly 25%, a rally that took it to a new ATH at $0.008456, before a controlled pullback to $0.007803. Even more striking, its trading volume jumped 132%, surpassing the $1.16 billion mark in just one day.
Such a movement reflects a strong market conviction, buyers seeming to take full control.
Momentum indicators confirm this bullish bias. The Aroon Up, at its highest, signals a solid and lasting trend. This context suggests that buying pressure could remain.
However, some analysts remind that such rallies can quickly fade. A correction is not to be excluded, especially in case of massive profit-taking.
The support at $0.007131 could then become a key level for investors.
Pump.fun, between scandals and comeback
Pump.fun’s trajectory is anything but linear. Its ICO, which raised $500 million in only 12 minutes, set the tone. In two months, PUMP’s market cap crossed $3 billion.
But the platform tarnished its reputation at the end of 2024, after misbehaviors in its live-streaming sessions: endangerment, threats to animals, and even fake suicides. These excesses led to a temporary suspension.
In early 2025, Pump.fun relaunched its streaming with stricter rules. Its co-founder Alon Cohen did not hesitate to provoke his rivals:
We nibble on their lunch and we want more.
He directly targets Rumble and Kick, claiming that Pump.fun has already surpassed Rumble in concurrent streams.
If the real numbers remain unclear, the model appeals by its revenue sharing: 50% of PumpSwap redistributed to creators. Enough to restart the engine and attract new users.
PUMP, explosive promise or mirage?
The appetite around PUMP is not explained solely by hype. The platform promises instant revenues for its creators, sometimes up to 100 times higher than traditional platforms. Alon Cohen is confident, but not everyone shares his enthusiasm.
Bob Bodily, founder of Odin.fun, warns:
Creator rewards based on volume encourage pump and dumps. As a creator, you want volatility in your token because it generates volume and therefore rewards. So I’m not a big fan of this model.
Key figures to remember about PUMP
- +25% in 24h, with an ATH at $0.008456;
- $1.16 billion daily volume, +132% in one day;
- $3 billion market cap reached in two months;
- $600 million raised in 12 minutes during the ICO.
The model attracts with its promises, but remains fragile. Behind the excitement, one question remains: does PUMP embody a lasting revolution or a speculative bubble ready to burst?
Only five weeks ago, Pump.fun traders were weathering a storm, with a revenue drop of over 80%. Today, the platform enjoys a spectacular comeback. The question remains whether this thunderous return is built on solid foundations or a passing speculative wave.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.