PUMP Gains 10% as Pump.fun Revenue Hits $32.84M

iconAMBCrypto
Share
This is the logo of the coin.
PUMP
$0.0028914.78%
AI summary iconSummary
PUMP climbed 10% in 24 hours, nearing the $0.002245 resistance level. Pump.fun reported $32.84 million in monthly revenue, with daily fees rising 22.6% month-over-month. The token remains above key support level, showing strong short-term momentum.

Pump.fun [PUMP] extended its recent momentum into the new month.

The Solana-based memecoin launchpad’s token surged 10% over 24 hours, approaching the $0.002245 resistance level. Buyers remained in control as PUMP formed higher highs and held above its key moving averages.

Interestingly, stronger protocol activity supported the move, improving the case for continued momentum.

AD

Is Pump.fun revenue supporting PUMP?

Pump.fun’s protocol activity accelerated over the past month. The platform generated $32.84 million in Revenue over 30 days, approximately $6 million above the previous monthly total.

Meanwhile, daily protocol Fees increased 22.6% month over month, indicating higher activity across the platform.

PUMP revenue and fees
Source: DeFiLlama

Improving Revenue suggested that Pump.fun’s usage was strengthening alongside PUMP’s rally. That alignment made the price advance more notable as network activity began supporting the bullish technical setup.

Can PUMP break $0.002245?

On the daily chart, PUMP’s price action reflected the improving sentiment.

The token traded above its key Exponential Moving Averages, preserving the bullish structure developed over recent weeks. Each pullback attracted buyers, allowing PUMP to climb steadily toward the $0.002245 resistance level.

PUMP price analysis
Source: TradingView

A decisive daily close above this level could strengthen the case for another bullish move.

By contrast, another rejection could trigger short-term profit-taking following the recent rally.

For now, buyers appear to hold the advantage. Rising Revenue, higher activity, and bullish price structure point toward improving conditions.

However, a sustained breakout would require enough fresh demand to absorb selling pressure around the resistance.

Where could PUMP price go next?

CoinGlass data identified a $395,000 liquidity cluster near $0.002263.

That level could become PUMP’s next target if the daily candle closes above $0.002245. However, the narrow gap between both levels leaves little room before liquidity becomes the market’s next test.

PUMP liquidation heatmaps
Source: CoinGlass

Final Summary

  • PUMP gained 10% and approached the critical $0.002245 resistance level.
  • Pump.fun generated $32.84 million in monthly Revenue as daily Fees increased 22.6%.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.