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PUMP token jumps 9.6% as buybacks and rising users boost demand and reduce supply.

Protocol Fundamentals
17 Sep 2026
AMBCrypto
View Source
Bullish
PUMP token jumps 9.6% as buybacks and rising users boost demand and reduce supply.

Pump.fun (PUMP) surged 9.6% to $0.0038 after successfully defending a key support level at $0.0034. The rebound was driven by the project's aggressive token buybacks—240 million tokens repurchased recently—which reduced supply and eased selling pressure. Additionally, active user addresses rose to 1.2 million, signaling increased network usage and demand. Momentum indicators suggest a potential bullish trend if demand sustains, with PUMP aiming to reclaim $0.004 and possibly reach $0.0046. However, some speculative trading remains, and failure to hold above $0.0036 could lead to a pullback to $0.0034.

Pump.fun (PUMP) trades at Rp70 on Pluang as of Sep 18, 2026 04:13 WIB, up 7.05% in the last day. The market cap stands at Rp32.7 trillion with a 24-hour volume of Rp3.13 trillion. Buy orders dominate at 60%, and typical holding time is 29 days, showing steady investor interest alongside recent buyback news.

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