The PUMP token from Pump.fun has surged 84% over the past week, reaching $0.005136, while the broader crypto market declined by 1.9%. This rally is driven by the platform's active buyback program, which has spent over $1 million daily repurchasing tokens for three consecutive days, creating strong buy-side pressure. Trading volume also rose 43.68% to $781 million, indicating robust market interest. Key resistance is at $0.0055, with potential moves to $0.0060 and $0.0065 if broken. Pump.fun plans a Q4 2026 tokenomics overhaul that could burn up to 36% of tokens, alongside network expansions and a new decentralized bounty platform in Q3 2026, which may further boost demand and price.
Pump.fun's daily revenue, which funds half of its token buyback and burn program, fell 16% from $1.89 million on October 5 to $1.59 million on October 9, causing the token price to drop 16.8% from its weekly high. The buyback program, running until A...
The PUMP token from the token-launch platform Pump.fun fell 7.2% over 24 hours to about $0.0055 on October 9, with trading volume declining by 20% to $427 million. The token hit an intraday low of $0.0052 during the drop, following a brief one-hour g...
NEAR Protocol (NEAR) experienced the largest drop among the top 90 cryptocurrencies, falling 16.41% to $4.47 in a 24-hour period ending Oct. 8. Other notable declines included Pump.fun, LayerZero, Zcash, and Venice Token, all down over 10%. The marke...
On October 9, several altcoins experienced significant declines following a drop in Bitcoin's value. ORCA fell 17.75% to $2.358, MINA dropped 16.27% to $0.0777, NEAR decreased 15.88% to $4.517, ZEC lost 10.46% trading at $1,194, and PUMP fell 9.54% t...
NEAR Protocol (NEAR) saw the steepest drop among major cryptocurrencies, falling 15.58% to $4.58 amid widespread market losses over 24 hours ending Oct. 8. Out of the top 90 cryptocurrencies by market cap, 67 declined while 23 advanced. Other notable...
