- Binance.US, MEXC, and Cash.ph listings increase Pump.enjoyable token’s liquidity.
- $33M buybacks help value, however whale exits add promoting stress.
- $5.5B lawsuit and rising competitors pose main long-term dangers.
Pump.enjoyable’s native token, PUMP, has been within the highlight over the previous month, delivering triple-digit good points whereas drawing contemporary consideration from retail merchants and exchanges alike.
Regardless of a latest dip, basic and technical indicators recommend that the token might not be accomplished with its rally simply but.
A number of exchanges have listed the PUMP token just lately
Over the previous months, main exchanges have expanded entry to PUMP, a transfer that has boosted liquidity and visibility.
In July, MEXC listed PUMP/USDT and PUMP/USDC within the Innovation Zone with a convert function, opening up one of many deepest retail-driven order books in Asia.
On Thursday, final week, Binance.US introduced spot buying and selling for the PUMP/USD pair, giving American merchants direct publicity for the primary time.
As well as, MEXC has promised to record a Pump.enjoyable token each Monday.
Regional trade Cash.ph has additionally joined in, providing PUMP/PHP on its Convert function to seize demand from Southeast Asia’s rising Solana person base.
$PUMP (@pumpdotfun) is the brand new token itemizing on https://t.co/ehQWvZk9FW! 🔥$PUMP is the native token of https://t.co/XbDiaLZCIm, a Solana meme-coin launchpad. It fuels rewards, payment perks & platform progress, and is pushed by hype and group vitality. 🚀
Commerce PUMP/PHP on… pic.twitter.com/gy7JJ6LQEq
— Cash.ph (@coinsph) September 15, 2025
These listings sign that exchanges see sustained curiosity in Pump.enjoyable regardless of questions over the token’s long-term stability.
The impression of those listings has been rapid. Buying and selling volumes crossed $1.2 billion in 24 hours, with liquidity spreads tightening and new consumers getting into the market.
PUMP token buybacks present stability
One other key issue supporting PUMP’s value is the aggressive buyback program run by the Pump.enjoyable platform.
Since August, the staff has allotted roughly 35% of its payment income to buying tokens on the open market.
Data reveals that round $33 million price of PUMP has been purchased again, with every day purchases averaging $1 million to $1.3 million.
These buybacks scale back circulating provide and inject confidence throughout unstable classes.
Critics, nonetheless, argue that the buyback technique features extra like market-making than natural demand, notably since most of the purchases have been made at a premium to earlier buying and selling ranges.
Even so, this system has helped stop sharper corrections and reassured retail merchants that the staff is keen to defend the token throughout dips.
$5.5 billion class-action lawsuit and platform rivalry
Whereas the basics seem robust, PUMP shouldn’t be freed from dangers.
A $5.5 billion class-action lawsuit filed in July accuses Pump.enjoyable of working as an unlicensed on line casino and hyperlinks the platform to greater than $700 million in retail losses.
The case stays unresolved, however its timing coincided with PUMP’s value peak, elevating issues that authorized proceedings might set off risk-off sentiment amongst bigger traders.
Competitors has additionally intensified, with LetsBONK.enjoyable overtaking Pump.enjoyable in every day Solana memecoin launches and capturing greater than half of August’s income within the phase.
This shift threatens Pump.enjoyable’s fee-driven mannequin, which underpins the buyback technique and offers worth to PUMP holders.
However for now, Pump.enjoyable nonetheless maintains dominance in token listings, however sustained erosion of market share might weigh on progress.
ICO whales exit
Including to the headwinds is promoting stress from early traders.
Reportedly, roughly 60% of ICO individuals have exited their positions, with some whales offloading near $40 million price of tokens since July.
The preliminary sale value of $0.004 has grow to be a psychological resistance stage, and with greater than half of the circulating provide nonetheless within the fingers of ICO consumers, the danger of extra sell-offs looms over the market.
This dynamic has created persistent overhead resistance and raises questions on how a lot additional buybacks can offset distribution from giant holders.
The PUMP value outlook
Regardless of these challenges, the token’s latest efficiency has been spectacular.
PUMP’s value has surged greater than 125% over the previous month and greater than 60% prior to now week, reaching an all-time excessive of $0.008819 earlier than retreating barely.
The token at the moment trades close to $0.0078, down round 3.4% in 24 hours as merchants lock in income.
Key technical ranges present strong help between $0.00613 and $0.00605, whereas resistance sits within the $0.00739 to $0.00797 band.
A breakout above the resistance zone might set off one other leg greater, with bulls eyeing $0.00846 as the following goal.
Conversely, a break beneath help would convey the $0.0064 vary into play, with potential panic promoting if $0.007 fails to carry.