Pump fun Expands Market Share and Sees Strong Price Momentum

Pump fun Live Streams Beat Rumble as Buybacks Drive Token Strength

Pump fun has been growing fast. The co-founder, @a1lon9, said average live streams on the platform now beat Rumble. He also said Pump fun reached about 1% of Twitch’s live-stream market and nearly 10% of Kick’s. For a new platform, that is a strong start. Creators are joining, and more viewers are tuning in.

Source: X (formerly Twitter)

Buyback Program Supports Token

The team has a $33 million buyback plan. Since early August they have used $6.68 million in SOL to buy PUMP tokens. That reduces the number of tokens available to trade. With about 354 billion tokens circulating out of 1 trillion total, these buybacks matter. They show the team wants to support the token and give users more confidence.

Market Share Recovery on Solana

Pump fun also took back a large share of Solana’s memecoin launchpad market. From August 4 to 17 it earned about 62% of launchpad revenue and over half of the trading volume. That means more token activity and more reason for traders to watch the project.

Whale Activity Adds Mixed Signals

A big investor move drew attention too. Lookonchain reported a buyer who paid $10 million for 2.5 billion tokens has been taking profits. That investor moved 250 million tokens to Binance and secured more than $5 million in gains. Still, they keep 2.25 billion tokens, so big holders are not all gone.

Price Impact and Market Action

Pump fun price surge 30% in the last 24 hours. It is up about 78% in a week and 112% in a month. Trading volume has jumped and market cap sits over $2.1 billion. These moves show strong buying interest, but also raise questions about how long the rally can last. It is now trading at $0.008355 as per the coinmarketcap

Source: CoinMarketCap

Technical Levels to Watch

• RSI at 94.15: Very high, showing the token is overbought. A pullback or pause is possible after such a sharp rise.
  

• MACD bullish: Momentum is still on the buyers’ side, giving support to short-term upside.
  

• Resistance zone: The $0.0090357 level is a key ceiling. A break above it could bring more gains.
  

• Support zone: A fall below $0.0064784 may trigger selling and profit-taking.
  

• Swing level: Closing above $0.0076664 would confirm strength. Dropping under it would hint that momentum is fading.

What’s Next for $PUMP

With supply drawn tighter by buybacks, platform traction increasing, and growth in live streaming making things more visible, Pump fun is gaining a strong position in the market. The technical pattern shows short-term overbidding, but long-term expansion in users as well as revenue could balance out price fluctuation.

The platform is attracting more viewers and content creators as its buyback agreement keeps supply in check. The whale profit-taking is conservative, but overall growth is positive. For traders, it is looking at resistance near $0.0090 and support near $0.0065 to determine the next move.