🚨 $PUMP JUST PRINTED ITS FIRST GOLDEN CROSS SINCE LAUNCH! 📈🔥
Pump.fun’s and has just seen its 50-day EMA cross above the 200-day EMA for the first time since launch, following its July bottom.
But the bigger story may be beyond the chart. 👀
💰 Weekly revenue: $11.52M — a 7-month high
🔥 $5.33M in pump reportedly spent on buybacks last week
📉 Aggressive fee cuts could help strengthen its competitive position
⚡ Buybacks + strong protocol revenue = potential supply squeeze
The golden cross is a lagging indicator. The real question is:
👉 What happens when buybacks eventually slow down?
For now, #PUMP is definitely one to watch. 👀
$ETH & $PUMP Keep Buying Below Friends 👇
#Crypto #DeFi #PumpFun DYOR.
Pump.fun’s and has just seen its 50-day EMA cross above the 200-day EMA for the first time since launch, following its July bottom.
But the bigger story may be beyond the chart. 👀
💰 Weekly revenue: $11.52M — a 7-month high
🔥 $5.33M in pump reportedly spent on buybacks last week
📉 Aggressive fee cuts could help strengthen its competitive position
⚡ Buybacks + strong protocol revenue = potential supply squeeze
The golden cross is a lagging indicator. The real question is:
👉 What happens when buybacks eventually slow down?
For now, #PUMP is definitely one to watch. 👀
$ETH & $PUMP Keep Buying Below Friends 👇
#Crypto #DeFi #PumpFun DYOR.