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PUMP token jumps 30% amid $1.5M influencer buy and $410M buyback program

Market News
21 Jul 2026
Blockonomi
View Source
Bullish
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The PUMP token from Pump.fun surged over 30% in the past week, driven by a $1.5 million purchase from crypto influencer Ansem and a $410 million token buyback initiative that has burned over 151 billion tokens. Daily trading volume spiked by more than 500%, indicating strong buying interest. Analyst BATMAN noted renewed meme coin momentum as a key growth factor, while the buyback program offsets selling pressure from insider token unlocks. PUMP remains above key moving averages, suggesting continued bullish momentum.

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