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Pump.fun (PUMP) token rises 4.89% in one hour despite 24-hour decline

Market News
02 Oct 2026
Tokenpost
View Source
Neutral
Pump.fun (PUMP) token rises 4.89% in one hour despite 24-hour decline

Pump.fun (PUMP) token experienced a 4.89% price increase within one hour on October 2, reaching $0.005659. However, over the previous 24 hours, the token's price declined by 3.12%. During the hour of the price rise, $10,000 worth of short positions were liquidated on exchanges Binance, Bybit, and OKX, while no long positions were liquidated. This indicates some short-term buying pressure despite the overall recent downward trend in the token's price.

Pump.fun (PUMP) has a substantial market cap of Rp45.9 trillion and a 24-hour trading volume of Rp11.74 trillion on Pluang as of Oct 03, 2026 08:31 WIB. Despite the recent short-term price increase noted in the news, PUMP's price on Pluang is down 2.35% over the past day, trading at Rp101. The platform shows a higher sell order activity at 65%, with typical holders keeping their tokens for about 28 days.

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