Overview
- PUMP climbed to a new all-time high near $0.0088 over the weekend before easing, with prices still up more than 70% on the week, according to market data reported by crypto outlets.
- On-chain tracking shows Pump.fun has spent roughly $94–95 million buying back PUMP, repurchasing more than 23.1 billion tokens and holding about 6.58% of the circulating supply.
- Recent exchange additions, including Binance.US, MEXC, and Coins.ph, broadened access and pushed reported 24-hour trading volume above $1.2 billion while tightening liquidity spreads.
- Product traction has rebounded with the relaunch of livestreaming, which co-founder Alon Cohen says has surpassed Rumble in average concurrent streams, as weekly creator payouts hit a record ~$20 million per Dune Analytics.
- Headwinds persist from heavy selling by early holders—reports cite roughly 60% of ICO participants exiting and about $40 million in whale sales since July—alongside an unresolved $5.5 billion class-action lawsuit.