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Pump.fun activity and buybacks surge, cutting supply as PUMP price jumps 20% amid volatile recovery.

Protocol Fundamentals
28 Sep 2026
AMBCrypto
View Source
Neutral
Pump.fun activity and buybacks surge, cutting supply as PUMP price jumps 20% amid volatile recovery.

Pump.fun saw a massive 25,000% rise in new token launches within 24 hours, boosting platform activity and supporting $466.25 million in buybacks that removed 16.84% of PUMP's supply. This fueled a 20% price increase and a 66.59% rise in spot trading volume to $353.8 million, though volatility remains high with leveraged traders facing significant liquidations. Spot outflows also grew, further reducing available tokens on exchanges. PUMP's price correction now tests key support at $0.0045, with potential for either recovery or deeper decline depending on market reaction.

PUMP (Pump.fun) trades at Rp85 on Pluang as of Sep 29, 2026 09:12 WIB, down 7.17% in one day. The market cap stands at Rp39.74 trillion with a 24-hour volume of Rp9.92 trillion. Sell orders dominate at 72%, and typical holding time is 28 days, showing cautious investor behavior after recent volatility.

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